While digital transformation and the e-commerce bubble in late '90s have reshaped the way companies do business, increasingly sophisticated cyber-attacks call for immediate and sometimes overly complex defenses. Security tool vendors have been more than willing to provide an ever expanding array of tools and technologies, many with dubious value.
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A look back on 2018 shows the financial services industry turned out to be the most at risk, with security incidents and breaches skyrocketing. Top threats to the financial services industry include cloud security and third-party risks, while the most prevalent techniques are DDoS, social engineering, spear-phishing, ransomware and insider threats, according to a Bitdefender white paper.
An activity alert by the US Department of Homeland Security and the FBI this week warns organizations from multiple industries in critical infrastructures that they are a top target for SamSam ransomware, also known as MSIL/Samas.A, and provides a list of guidelines to help prevent and mitigate these attacks.
The lack of political leadership to face targeted attacks is contributing to the poor job the UK is doing on its national security strategy, says a UK government report discussing the cyber security of the nation’s critical national infrastructure.
New research reveals that cyber-attacks by unsophisticated hackers this year have successfully exploited vulnerabilities that many of the world's famed businesses were already aware of but did nothing to fix.
As of 2017, a single cyber incident can put a small company out of business, according to new research by Ponemon Institute. The findings confirm Bitdefender’s predictions for 2017 that targeted attacks would increase due to poor security of corporate networks.