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All about Virtualization and Cloud Security | Recent Articles:

Cybercrime Dominates Business Fraud Losses

Feb 28 by Ericka Chickowski

Business fraud has been on a dramatic uptick over the last decade and cybercrime stands near the top of the list of losses and events that organizations are experiencing. A new report out from consulting powerhouse PwC found that the ratio of organizations who admitted to falling prey to economic crime in the past year has increased by 63% since 2008, with just under half of organizations admitting to being victims.

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The Five Attributes Needed to Succeed at DevSecOps

Feb 27 by George V. Hulme

It’s hard to believe but the conversation around how security fits in DevOps has been going on for years. It was in 2012 when Gartner analyst Neil MacDonald wrote his blog DevOps Needs to Become DevOpsSec. In this blog MacDonald wrote “DevOps seeks to bridge the development and operations divide through the establishment of a culture of trust and shared interest among individuals in these previously siloed organizations. However, this vision is incomplete without the incorporation of information security, which represents yet another silo in IT.”

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The Dirty Dozen Vendors Deluging Your Vulnerability Management Team

Feb 26 by Ericka Chickowski

We've all heard about the 80/20 rule in business. But in vulnerability management, it may be more like the 54/12 rule. According to a new report out last week by vulnerability intelligence firm Risk Based Security, in 2017 about 54% of all new vulnerabilities came from just 12 vendors.

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How CEO Bias Is Weakening Cybersecurity

Feb 23 by Filip Truta

A deluge of new studies points the finger at CEOs taking stabs in the dark – rather than informed decisions – when it comes to cybersecurity investments.

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Nearly Half of Organizations Cite Employees as Biggest Risk

Feb 22 by George V. Hulme

The more things change, the more they stay the same. While the nature of the technology employees use has dramatically changed over recent decades – from immovable desktops connecting to internal networks to iPads and netbooks with the ability to work anywhere — insiders and employees have remained among the greatest risks. According to the 2018 Netwrix Cloud Security Report, which consists of a survey of 853 various-sized organizations, industries and geographical locations. All organizations are public or hybrid cloud users.

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Cybersecurity – A Top Risk Management Priority for Senior Execs, But Only On Paper

Feb 21 by Filip Truta

As bad actors continue to hone their skills and governments keep raising the penalty for getting breached, large organizations across the globe seem to be doing little to mitigate the risks associated with cybercrime – despite knowing better for years.

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Hackers Continue Abusing SWIFT in Recent Indian Bank Heist

Feb 20 by Liviu Arsene

A recent cyberattack on India’s City Union Bank abused the SWIFT global payments platform to transfer $2 million into accounts in Dubai, Turkey and China. While details of the cyberattack were not made public as the incident is still under investigation, officials claim hackers disabled the bank’s SWIFT-connected printer on Feb. 6, preventing City Union Bank from receiving any acknowledgement messages for the three fraudulent transactions.

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The Number of Organizations Unprepared for Cyber-Attacks Rose Year Over Year

Feb 19 by George V. Hulme

To anyone who has been paying attention, this isn’t as much of a surprise, as it is a confirmation of the ongoing tenuous condition of enterprise cybersecurity but a just-released survey from specialty insurer Hiscox shows that roughly three-quarters of the 4,100 organizations surveyed face significant shortcomings when it comes to cybersecurity.

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CISOs Should Report Directly to the CEO, Study Shows

Feb 16 by Filip Truta

Keeping senior leadership abreast of security strengths and vulnerabilities has become a top priority, according to financial sector Chief Information Security Officers (CISOs). And direct communication with the CEO has become imperative, as strong cyber defenses require increasingly rapid decision-making.

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Securing Workloads from Private Cloud to VMware Cloud on AWS

Feb 15 by Shaun Donaldson

Realizing True Hybrid Cloud

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Employee Training a Security Priority for Financial CISOs in 2018, Study Says

Feb 14 by Luana Pascu

In the past two years, cyberattacks on the financial sector have picked up speed. As companies in the sector struggle with the major shift toward digital transformation, some are caught off guard by the significant rise of malware designed specifically to target their sector, such as Dyre Trojan, Dridex, hybrid banking Trojan GozNym and TrickBot. Once the network is infiltrated, hackers can easily steal, read, alter and even erase top secret information.

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Five Security Books You Should Read if You Haven’t

Feb 14 by George V. Hulme

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Bitdefender Ranks The Top 10 Malware Threats of 2017

Feb 12 by Bogdan Botezatu

Recent months have seen a dramatic reshaping of the cyber security threat landscape, according to the “Global Threat Landscape Report—2017,” by Bitdefender.

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Fraudsters Made Off With a Record $17 Billion Worth of Personal Data in 2017

Feb 09 by Filip Truta

Despite renewed efforts to combat the spread of identity fraud, businesses in 2017 saw fraudsters steal even more records compared to the previous year. Cybercriminals made off with a whopping $16.8 billion worth of personal data, according to researchers.

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Why CISOs Should Understand the Threat Landscape To Bolster Security in 2018

Feb 08 by Luana Pascu

Doctors can’t prescribe proper treatment for patients without identifying and analyzing symptoms to make a clinical diagnosis. It’s the same for CISOs, who are responsible for their organization’s digital health.

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Cloud use is growing, and your cloud security strategy must grow with it

Feb 07 by George V. Hulme

Is this cloud security Nirvana? 

While many organizations moved to the cloud to try to simplify their IT management, including improve security, they’re learning that it’s not as simple as “shift applications to the cloud and watch the magic happen.”

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2018 is the year of GDPR and NIS compliance; enterprises still not ready

Feb 06 by Luana Pascu

The deadline for full compliance with the European data protection law is right around the corner, but businesses still lack awareness and must overcome many security oversights. Surprisingly, as few as 38 percent of companies in the UK have actually heard of GDPR, according to a government survey. If businesses are not prepared by May 25, when the law takes full effect, they could face fines worth up to €20 million.

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Study Shows Organizations have Significant Misconceptions About the Responsibility for Data Management, Security and Privacy in the Cloud

Feb 05 by Razvan Muresan

The cloud has become a vital and well-entrenched component of the IT infrastructure at a growing number of organizations. Moving data and workloads to cloud in many cases makes economic sense, and companies can reap benefits such as cost savings, increased agility and easier scalability of computing resources.

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Cyber Warranties Could Be Next Big Service Provider Differentiator

Feb 01 by Ericka Chickowski

As worries about third-party risks continue to press on the minds of technology decision-makers within organizations large and small, many technology service providers are finding security to be a key differentiator for winning over prospects. Cyber warranties could be the next big way to help them signal to customers that they're serious about security risks.

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