Businesses cannot come up with a mitigation strategy to efficiently detect, identify and manage insider threats, according to research from the Ponemon Institute, so they risk the loss of critical confidential data and resources, network shutdown and reputational damage. In the past year, 159 organizations from the United States, Canada, Europe, Middle East, Africa, and the Asia-Pacific region dealt with 3,269 security breaches caused by insider threats due to plain negligence.
Once again, a third-party vendor may have exposed sensitive credit card information of hundreds of thousands of Delta Air Lines and Sears. The attack shows the vulnerability to reputation and risk from attacks on third party vendors.
In 2015, Russian hackers shut down Ukraine’s electrical grid after infecting the infrastructure with malware. It was only a matter of time until they would target the US power system. As of 2016, US critical operational infrastructures have been under siege by "Russian government cyber actors," as described by the Department of Homeland Security and the FBI.
Like most groundbreaking inventions, cryptocurrencies bring a moral paradox: while some people consider them a revolutionary tool to make the world a better place, others already use it to fuel their illegal activities. Therefore, it was just a matter of time before this energy-hungry activity became a serious cybersecurity issue.
The ease-of-exploit rating has made the financial sector a cybercrime magnet for years, especially for targeted extortion attacks. The industry has fallen victim to numerous security breaches, data exfiltration hacks, DDoS attacks taking down global online operations and disrupting services, and has lost millions to malware and ransomware attacks. So what’s next?
It doesn’t matter what discipline within cybersecurity one looks at, nearly everywhere one looks machine learning and artificial intelligence are changing how security data are analyzed, security tools deployed, and threats identified. I know there’s a difference between machine language and AI, but so many use the terms interchangeably now that the difference is blurring in the minds of many.
Less than two months before the European Union enforces its stringent General Data Protection Regulation (GDPR), businesses are rushing to achieve compliance, procedurally and technologically.
Ransomware attacks are moving away from the consumer space and into business-critical systems, encrypting entire databases and servers, commanding bigger ransom requests and inflicting more damage than ever, according to an analysis of data from 67 organizations.
Government departments and private businesses are being targeted in internet attacks orchestrated by the Russian government, exploiting commercially available network infrastructure.
In 2001, a team of 30 cyber security experts in Romania had a dream: to provide excellent protection in the rapidly growing, often dangerous new world of the internet. Today, more than 1,300 security experts on three continents work passionately to offer security solutions for more than 500 million users in 150 countries.
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.
Chief Information Security Officers (CISOs) have historically chafed at budget constraints, with some pushing the envelope and bringing the case for stronger cyber defenses to the board room. New research indicates that executive decision-makers want InfoSec costs linked to business value and return on investment (ROI), and it’s CISOs who can deliver a compelling narrative to their peers that typically achieve this goal.
