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Author: Luana Pascu

From a young age, Luana knew she wanted to become a writer. After having addressed topics such as NFC, startups, and tech innovation, she has now shifted focus to internet security, with a keen interest in smart homes and IoT threats. Luana is a supporter of women in tech and has a passion for entrepreneurship, technology, and startup culture.

All about Virtualization and Cloud Security | Recent Articles:

Ransomware Threat Alarmingly High for SMBs as They Place Security on the Back Burner

Nov 19 by Luana Pascu

Small and medium-sized businesses are still a top target for ransomware attacks, and the number of attacks will most likely increase in 2019, according to a recent survey of MSPs. Over half of MSPs confirmed their clients experienced at least one ransomware attack in the first half of the year, while 35 percent said their clients were attacked more than once a day, regardless of their operating system. In fact, the number of ransomware attacks targeting Apple devices has increased five-fold in the past year, the survey found.

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37% of Ransomware Attacks Targeted Healthcare Organizations in Q3, Cyber Insurer Says

Nov 07 by Luana Pascu

While industry reports claim ransomware attacks have dropped, cybersecurity insurance company Beazley Breach Response (BBR) Services has reported otherwise. According to businesses benefiting from its insurance deals, there has been a surge in the number of reported ransomware attacks, especially in September, when incidents nearly doubled from a month earlier.

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82% of IT Execs Fear Criminals Will Soon Adopt Machine Learning to Create More Advanced Threats

Oct 30 by Luana Pascu

Artificial intelligence and machine learning are extensively used in cyber defense, but what happens if they backfire and hackers use these technologies for crime? As they concentrate on the capabilities and benefits it can bring to everyday lives, companies have not really focused on how cybercriminals can use AI to create even more advanced and sophisticated threats.

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Widening Cybersecurity Workforce Gap Nears 3 Million Globally, Says Survey

Oct 22 by Luana Pascu

Even though technology budgets have increased, companies are still vulnerable to attacks due to a major cybersecurity workforce gap. For some reason, the gap has widened to a staggering 3 million across North America, Latin America, Asia-Pacific (APAC), and Europe, the Middle East and Africa (EMEA), according to a study by (ISC)2. To reach this conclusion, a number of factors were analyzed, including how many organizations have cybersecurity roles open.

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Anthem Agrees to $16 Million Settlement Following Compromise of 80 Million Health Records

Oct 17 by Luana Pascu

Anthem, the second-largest health insurer in the US, will pay $16 million to the US Department of Health and Human Services, Office for Civil Rights following a data breach that exposed the electronic protected health information (ePHI) of almost 80 million people. Anthem will also initiate a corrective action plan to include thorough risk analysis and regular reporting.

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Lack of Specialists, Tools, Budget and Knowledge Are the Main Roadblocks for Financial Sector in 2018

Oct 12 by Luana Pascu

The financial services industry has been one of the most targeted in 2018, with third-party risks still the main cause of data breaches in this sector. Almost 50 percent of financial institutions were breached in the past year, found a survey conducted by Bitdefender, while almost 60 percent experienced an advanced persistent attack or seen signs of suspicious behavior in their infrastructure.

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MSP Networks Actively Targeted by Nation-State APTs, US Government Warns

Oct 06 by Luana Pascu

The US Department of Homeland Security Computer Emergency Readiness Team has just issued a technical alert earlier this week, warning that US companies operating in critical sectors are at risk, as cyberespionage attempts from foreign governments were detected. Key targets include Information Technology (IT), Energy, Healthcare and Public Health, Communications, and Critical Manufacturing. From as early as May 2016, CERT says extensive Advanced Persistent Threat tactics, techniques, and procedures were deployed to infiltrate MSPs (managed service providers) customer networks to steal confidential information and interfere with government and business operations.

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Cryptojacking Uncrowns Ransomware as Major Threat for Healthcare Industry

Sep 24 by Luana Pascu

The healthcare industry is among the top targets of cyberattacks, especially since the internet of things found its way into the industry and completely revolutionized it. After healthcare’s share of ransomware attacks in 2017, and a great deal of data theft, phishing and more ransomware in 2018, cybercriminals gradually switched methods, tapping into the cryptojacking space.

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Amazon Hit from Within, Employees Leak Proprietary Data for Profit

Sep 20 by Luana Pascu

Insider threats are nothing to joke about -- they are a real danger to companies worldwide, who often neglect them. In fact, they rank among the top six threats of 2018, according to statistics. A company will spend at least $8 million yearly on insider threats, the Ponemon Institute has found.

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93% of Forbes Global 2000 Don’t Stress Vulnerability Disclosure Policies, Says HackerOne Report

Sep 18 by Luana Pascu

As many as 93 percent of companies in the Forbes Global 2000 list don’t include a vulnerability disclosure policy among top business concerns, according to HackerOne’s The Hacker-Powered Security Report 2018, a deep dive into bug bounty and vulnerability disclosure in the financial services and insurance industries.

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Businesses Worldwide Expected to Spend $9 Billion on Cyber Insurance by 2020

Sep 17 by Luana Pascu

Cybercriminals have unwittingly created an impressive, and legal, money-making opportunity – cyber insurance. The cyber insurance market is about to become huge, as experts believe companies will double their spending by 2020 to some 8 billion – 9 billion dollars compared to last year’s average of 3.4 –billion 4 billion, Munich Re, the world’s leading German reinsurance company, recently announced.

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Organizations Are Unrealistic, Overconfident about Their Cybersecurity Skills

Aug 30 by Luana Pascu

Cyberattacks are on the rise, with the most significant malicious activity so far detected in the finance, professional and information sectors, followed by manufacturing, according to Rapid7. Despite the increasing number of data breaches in critical sectors, there are discrepancies in how C-level executives perceive cybersecurity and the threat landscape, depending on their industry and home country.

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