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ZDNet: While ransomware is the cyberattack most feared by businesses, another form of cybercrime is slipping under the radar, one that is proving highly lucrative for internet fraudsters – and costly to business.
Dark Reading: More than 100 financial services firms across multiple countries were targeted in a wave of ransom distributed denial-of-service (DDoS) attacks conducted by the same threat actor in 2020.
Help Net Security: Thanks to cyberattacks making regular headlines in the news, it’s no secret that massive data breaches are a significant threat to organizations. However, a report from F-Secure highlights the rarely-discussed impact these attacks can have on people and families using online services.
WSJ: Late last year, more than 100 financial-services companies across the world received threats from a group of hackers who claimed destructive attacks would follow unless large payments were made.
Security Magazine: Cybersecurity training today is much different than it was 10 years ago. In most organizations, we have developed training that is engaging, interactive, even enjoyable at times. Security leaders of yesterday realized that having a once a year, boring, PowerPoint like training that employees had to undergo to check a box was not working. Everyone dreaded that training and that led to skimming the material and clicking through slides, then brute-forcing their way through the answers on the final exam.
Help Net Security: Trend Micro shared results from a study that reveals systemic challenges with security integration into business processes. The report includes the top ways to drive engagement and agreement around cybersecurity strategies within an organization.
IT Pro Portal: Cybersecurity plays an essential role in protecting us and the digital systems we use on a daily basis. Although technology is rapidly evolving, we are witnessing a vast number of data breaches due to organizations facing minimal charges for poor protection of data and storage.
Cnet: Based on what we know so far, hackers didn't steal as much personal data in 2020 as they did in previous years, but that doesn't mean they weren't able to make plenty of money. According to a report released Thursday by the Identity Theft Resource Center, hackers and identity thieves used stolen passwords and personal information to profit in new ways from your information.
Hedgeweek: In the early stages of the pandemic, the major tech challenges centred around endpoint security. Individuals may have been using personal devices for professional purposes, and the prevalent model was of decentralised security and centralised data. We no longer look to secure a network or server in the same way. Endpoint security is now key, and every device needs security protection. With so many entry points to firms' applications and data, managing the security at the end point has been at the forefront since early 2020 across the sector.
Channel Asia: Spending on cyber security around the world is expected to grow as high as 10 per cent this year, to US$60.2 billion, following claims that 2020 saw record high levels of data breaches, compromised records and ransomware attacks.
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