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All about Virtualization and Cloud Security | Recent Articles:

Most Executives Worry about Security Risks Accompanying Remote Workers, Survey Finds

Nov 29 by Silviu Stahie
  • IT executives fear that people working from home bring new and unknown risks
  • Some companies can’t keep pace with the rhythm of changes in cybersecurity
  • The current remote workforce scenario is likely to remain in place for the next 18 months
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New Bitdefender EDR for MSPs, Ransomware Mitigation and additional enhancements

Nov 27 by Cristian Iordache
  • New lightweight Endpoint Detection and Response (EDR) product that works alongside third-party AV/Endpoint Security products
  • New Ransomware Mitigation – Ability to restore files encrypted in a ransomware attack from tamper-proof copies (Available from the console for all MSPS without extra cost)
  • Risk Analytics enhancements – Calculate risk scores taking into account the industry and specific threats and toggle user activity monitoring on/off
  • New Executive Dashboard - Get all the key information around detections and security posture for customer companies in an easy-to-use visual format that can be shared with clients
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Business Interruption Is the Main Cost Driver of Cyber Insurance Claims, Says Allianz

Nov 27 by Filip Truta
  • External attacks cause the most costly cyber losses, but internal incidents like human error or systems failure are more frequent
  • Inability to access data or services can affect revenues significantly, given growing reliance on online sales
  • Rise in ransomware attacks, the cost of lmega breaches and the Covid-19 working landscape present significant cyber risks for the future
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Automation to Drive Tidal Wave of Spear Phishing Campaigns in 2021, Researchers Predict

Nov 26 by Filip Truta
  • Email remains the biggest threat to corporate infrastructures
  • Cyber-criminals are creating tools that automate the manual aspects of phishing attacks – especially spear phishing campaigns
  • By combining automation with programs that scan data from social media networks and company websites, phishers can send detailed, believable spear phishing emails, with content customized to each victim
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US Organizations Hit by Ransomware More than Rest of the World Combined, New Research Shows

Nov 25 by Filip Truta
  • 57% of all ransomware attacks tracked by the company in 2020 took place in the US
  • Ransom payments in 2020 average roughly $176,000 per victim
  • In 2020, ransomware operators focused almost exclusively on organizations staffing tens of thousands of employees

A recent look at the state of ransomware in 2020 reveals that the US has seen more targeted attacks than any other country. In fact, all other countries combined haven’t suffered enough attacks to equal the States.

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Enterprises Skimping On Basic Cybersecurity Controls

Nov 25 by George V. Hulme
  • The benefits of connected medical devices outweigh the risks.
  • Despite remote security risks, businesses failing to take basic steps to mitigate risk
  • Still, many enterprises believe increased remote work will remain long after the pandemic passes
  • There are steps enterprises should take to mitigate data security risks
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Business Sector Increasingly Adopting AI Cybersecurity to Tackle Advanced Threats

Nov 24 by Filip Truta
  • Report presents changing perspectives of cybersecurity globally
  • Nearly half of organizations plan to extend cognitive and AI capabilities for security to detect and respond to attacks faster
  • Researchers note an increase in R&D, with half of worldwide cybersecurity-related patents filed in the last four years focusing on AI and ML
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Common IoT Devices Become the ISPs' Worst Enemy

Nov 23 by Silviu Stahie
  • IoT devices are everywhere and many users don’t even realize they own such hardware
  • Some of the largest DDoS devices originate from IoT botnets
  • Security is now in the hands of ISP and smart routers
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Despite Security Concerns, Connected Medical Device Use Soars

Nov 23 by George V. Hulme
  • The benefits of connected medical devices outweigh the risks.
  • While healthcare organizations know what steps they must take to secure these devices, the right precautions aren't taken
  • too often.
  • Security deficiencies include lack of network segmentation, poor implementation of encryption and protocols.
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The Cost of Cybersecurity Incidents Is on the Rise, Mainly Due to Human Error or Systems Failure

Nov 20 by Silviu Stahie
  • The number of cyber insurance claims is on the rise since 2016
  • Business interruption is more expensive than the incident itself
  • Ransomware is responsible for more than $100 billion in losses
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Ransomware Downtime Costs Doubled Since 2019, MSPs Report

Nov 19 by Filip Truta
  • Remote work and cloud computing contribute to increase in ransomware attacks
  • Healthcare industry most vulnerable during pandemic
  • 54% of MSPs say phishing is the most successful ransomware attack vector
  • One in four MSPs reported ransomware attacks on clients’ SaaS applications
Read More

The New EDR and Platform Enhancements from Bitdefender

Nov 18 by Bogdan Carlescu

The last major release of the year brings on November 17, 2020 a new product and important enhancements:

    • Bitdefender Endpoint Detection and Response is a new EDR product that can coexist with any third-party endpoint security solution
    • GravityZone gets a new executive dashboard and an enhanced SIEM connector
    • All EDR products now feature custom EDR detection rules capability
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Strained IT Teams Are Struggling to Maintain Security Standards, Research Shows

Nov 18 by Filip Truta
  • Tech leaders tend to overestimate the positive experience of remote workers
  • Since the beginning of COVID-19, almost a quarter of organizations have seen an uptick in support tickets from remote workers
  • 48% of workers confessed they prefer working in the office
  • 43% of IT leaders say their biggest concern is remote worker cybersecurity
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Dissecting a Chinese APT Targeting Southeast Asian Government Institutions

Nov 17 by Michael Rosen
  • Detailed exposé of a potential Chinese APT group targeting Southeast Asian governments 
  • Extensive custom toolset designed for reconnaissance, data exploration and exfiltration  
  • Sophisticated and distributed attack infrastructure remains partially operational to this day 
  • Bitdefender technology detects the malicious payloads and maps the behavior in each stage of the attack 
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New Study Pegs Hospitals as ‘Sitting Ducks’ for Cyberattacks

Nov 16 by Filip Truta
  • It takes 70% longer to fill cybersecurity roles in health systems than other IT jobs
  • 75% of CISOs said experienced cybersecurity professionals are unlikely to choose the healthcare industry as a career path because of the hurdles associated with the job
  • More than in other industries, healthcare CISOs are ultimately held responsible for a data breach
  • 90% of employees who shifted to remote work did not receive updated cybersecurity guidelines or training
  • Cybersecurity shortages are forcing a rush to acquire services and outsourcing
Read More

Addressing the Need for Strong Data Governance

Nov 16 by Bob Violino
  • The need for strong data governance has become a focal point for many organizations in recent years
  • The coronavirus pandemic and resulting move to a work-from-home model has forced IT executives to reimagine data governance plans, according to a recent report
  • A majority of IT executives said employees are not doing enough to safeguard sensitive data
  • Organizations are taking steps to enhance content management and data governance
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Global Cybersecurity Workforce Expands by 25% in 2020, (ISC)² Reveals

Nov 13 by Filip Truta
  • Researchers report year-over-year reduction in the cybersecurity workforce gap
  • The ranks of the cybersecurity profession have grown to 3.5 million infosec professionals (700,000 or 25% more than last year’s workforce estimate)
  • Staffing in the field still needs to grow by approximately 41% in the US and 89% worldwide, meaning the talent gap remains a concern
  • The average annual cybersecurity salary is highest in North America, at $112,000
  • Cloud computing security is the most in-demand skillset
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Are IT Departments Unprepared to Defend Their Employers Against Today’s Advanced Cyber Threats?

Nov 12 by Filip Truta
  • 10 months into the pandemic, secure access and endpoint security remain a top challenge for IT teams in enabling hybrid work environments going forward
  • IT employees now spend five to eight hours per day solely on IT security
  • Threat Intelligence, Managed Detection and Response (MDR) services and Endpoint Detection and Response (EDR) technologies can compensate for these new challenges and help organizations face these new threats
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Financial Services Industry Reports Sharp Rise in Cyberattacks

Nov 11 by Silviu Stahie
  • The pandemic is driving an increase in cyberattacks
  • Weaknesses in supply chain and remote working are the biggest issues
  • Almost half of companies already invested in increased security for remote workers

The financial services sector is one of the most attractive targets for threat actors, and 65 percent of the players in the industry reported a cyber-attack in the past 12 months, according to a survey from HelpSystems.

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The Pandemic Replaced Complex Corporate Security Systems with Two-Bit Routers, But ISPs Can Help

Nov 10 by Silviu Stahie
  • Somehow, employees now have to ensure the security of their own companies
  • Consumer-grade routers have become the guardians of corporate networks
  • ISPs now have to provide security for both consumers and the companies that employ them
Read More

Attacks Targeting the Healthcare Industry Grow Increasingly Severe

Nov 10 by George V. Hulme
  • Healthcare providers are under enormous pressure to both deliver care and defend against cyberattacks.
  • Last week, providers in the U.S. experienced an unprecedented level of attacks targeting healthcare systems.
  • Hopefully, with investments being made, the healthcare industry takes the steps they must to improve their security defenses.
Read More

New APT Campaign Investigation Reveal on November 17th: Dissecting a Chinese APT Targeting Southeast Asian Government Institutions

Nov 09 by Michael Rosen
  • Bitdefender unveils a long-running cyberespionage campaign against high-profile government targets
  • Dive into the detailed attack timeline and learn the attacker tactics, techniques and procedures (TTPs)
  • Explore applicable security use cases and security hygieneto keep you safe from sophisticated attacks
Read More

Most Companies Ignore Even the Most Basic Cybersecurity Practices, Survey Finds

Nov 09 by Silviu Stahie
  • Only 33 percent of employees use secure Wi-Fi networks at home
  • Most companies have unsecure VPN solutions
  • Training to recognize phishing is not all that common
Read More

Bitdefender MDR Wins Tech Innovators Award

We are proud to announce that Bitdefender MDR won the 2020 CRN Tech Innovator Award in the Security – Managed Detection & Response category.
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10 Stats on the State of Vulnerabilities and Exploits

Nov 09 by Ericka Chickowski
  • 76% of all applications have at least one vulnerability
  • 1 in 5 organizations do not test their software for security flaws
  • 80% of public exploits are published before CVEs are released
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Cybersecurity Burnout Persists

Nov 09 by George V. Hulme
  • The majority of cybersecurity professionals believe they are overworked or burned out.
  • Survey finds security professionals don't get the support they need from their organizations to succeed.
  • Overall, challenges around managing staff remains a big hurdle for cybersecurity programs.
Read More

Business VOIP Phone Systems Are Being Hacked for Profit Worldwide. Is Yours Secure?

Nov 06 by Graham Cluley
  • More than 1000 organisations worldwide have had their corporate phone systems hacked by cybercriminals
  • Attackers can eavesdrop on calls, as well as make money-making calls to premium-rate numbers 
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How Do Businesses Rate Their Security and Compliance 10 Months Into COVID-19?

Nov 05 by Filip Truta
  • Researchers seek to understand how businesses rate their security posture in these changing times
  • Survey enlists 600 IT pros in companies from $100 million to more than $1 billion in annual revenue
  • Respondents admit they need to harden unconventional attack vectors in cloud, mobile and social media technologies
  • Half of those surveyed believe internal collaboration platforms represent the biggest risk to security
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Understaffed and Overburdened – IT Professionals Now Spend Five to Eight Hours a Day Managing Security

Nov 04 by Filip Truta
  • COVID-19 has significantly altered the types of tasks that fill a typical IT rep’s day
  • IT staff spends more time on virtual tasks like team web meetings, remotely accessing employee devices and customer web meetings
  • 47% say they now spend five to eight hours per day solely on IT security matters
  • Fear of a cloud data security breach has increased significantly in the past two years
  • A similar study shows decision makers are trading personnel for cloud security investments
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Bitdefender 2020 Business Threat Landscape Report Reveals New Challenges for 2021

Nov 03 by Liviu Arsene
  • More attacks aimed at exploiting unpatched year-old vulnerabilities
  • An increase in stealth/covert execution tactics
  • APT-hackers-for-hire becoming the new norm
Read More

Business Email Compromise (BEC) Invoice Fraud Skyrockets

Nov 03 by Ericka Chickowski
  • BEC invoice and payment attacks rose by 150% in Q3 2020
  • Wisconsin Republican Party loses $2.3 million from Trump re-election fund through BEC invoice fraud
  • BEC scams now cause $26 billion in global losses annually
Read More

Half of Consumers Say Data Breaches Are Waiting to Happen, Survey Finds

Nov 03 by Silviu Stahie
  • Data breaches are just around the next corner for consumers
  • 30 percent of consumers already affected by a data breach don’t care about it
  • Consumers fear using credit cards online because there’s always a chance for their data to end up in a data breach
Read More

Decision Makers Trade Personnel for Cloud Security as IT Budgets Shrink

Nov 02 by Filip Truta
  • Researchers find a 114% increase in remote workers coupled with a 59% increase in adoption of bring-your-own-device (BYOD) policies
  • Situation ‘wreaks havoc’ among enterprise IT security teams as volume of threats and security incidents increase dramatically
  • Decision makers develop an appetite for cloud security solutions as IT staff and budgets diminish
Read More

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