Data breaches have become the new norm, presenting a major security concern for organizations, as both customer personal data and a company’s intellectual property have become high value targets for cybercriminals.
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While we’ve just passed the halfway mark of 2018, data breaches and new threats have been plaguing businesses and organizations, exposing the data of millions of users worldwide. Apart from known and increasingly sophisticated threats, such as ransomware, the hype around cryptocurrency has led to the emergence of cryptojackers, a new problem organizations need to deal with.
What are your plans for 5-7 June 2018 ? If you are a security professional attending Infosecurity Europe in London, we'd be delighted to meet with you, answer your questions and offer our insights into the latest cyber security trends.
Some 42 percent of IT security professionals ignore critical security issues, especially if they don’t know how to fix them (16 percent), according to a recent survey of 155 IT professionals by Oyutpost24.
The main goal of MSPs is to help businesses grow by ensuring agility, scalability, and security. This means MSPS need to constantly learn and adapt to sophisticated threats, and deliver a full complement of security services and technologies that address individual risks for each company. Consequently, MSPs need to stay on-par with security trends and pay close attention to both threats and cutting-edge technologies that can mitigate them.
As IT operations are becoming more complex and require both advanced infrastructure and security expertise to increase the overall security posture of the organization, the managed service provider (MSP) industry is gaining more traction and popularity.
Bitdefender telemetry revealed that from September 2017 until February 2018, ransomware reports have followed a descending curve, while coin miner reports have increased by 130 percent by January 2018. Interestingly, cryptojacking is currently one of the fastest spreading cyber threats, already outranking ransomware’s exposure by a factor of 1 to 100 according to Bitdefender’s intelligence, and is recently displaying targeted behavior, by leveraging fileless techniques and exploits to infiltrate organizations and spread laterally.
Attributing cyberattacks and advanced malware to a particular country or entity is usually troublesome. Forensic artefacts can sometimes be planted or forged to point to a specific country or cybercriminal group.
The global software defined data center (SDDC) market is estimated to reach US$90.416 billion by 2022, from US$36.517 billion in 2017, meaning that companies will continue on the path of software defined everything. While the immediate benefits of SDDCs revolve around less CapEx, OpEx, centralized management, and the deployment of cloud in a box, organizations need to prepare for challenges facing when adhering to SDDCs.
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.
Bitdefender Hypervisor Introspection recently won the SCMagazine Innovator Award, marking the fact that truly groundbreaking security technologies have started to receive validation from the market, as traditional security solutions fail to cope with the ever-increasing complexity of advanced threats.
Bitdefender has been named an Advisory Board member for the Linux Foundation-hosted Xen Project formed of major cloud companies, virtualization providers, enterprises and silicon vendors that advise and support development of Xen Project software for cloud computing, embedded, IoT use-cases, automotive and security applications.