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Reuters: U.S. government officials warned on April 15, 2020 about the threat of North Korean hackers, calling particular attention to banking and other financial services.
Dark Reading: As organizations go digital, so does crime. Today, cybercrime is a massive business in its own right, and criminals everywhere are clamoring to get a piece of the action as companies and consumers invest trillions to stake their claim in the digital universe.
Tech Crunch: As companies get to grips with a wider (and, lately, more enforced) model of remote working, a startup that provides a platform to help track and manage all the devices that are accessing networked services — an essential component of cybersecurity policy — has raised a large round of growth funding.
ZDNet: Almost half of businesses have experienced a cyberattack or data breach in the past year – and almost all of the organisations that know they've been on the receiving end of attacks have reported being targeted by phishing and other fraudulent emails as the volume of these attacks continues to rise.
ZDNet: Automation is something businesses in almost every sector are familiar with, as part of their efforts to make systems more efficient. It's something that the cybersecurity industry is increasingly using, with automated data collection and processing playing an ever-growing role in protecting against data breaches and cyberattacks.
JDSUPRA: COVID-19 has created many new concerns for private fund managers; however, managers should be particularly mindful of heightened cybersecurity and fraud risks. With increased numbers of employees teleworking, there are increased vulnerabilities for cybercriminal intrusions creating privacy-related risks for fund portfolio information, LP confidential data, and other sensitive electronically-stored materials.
Reuters: Elite hackers tried to break into the World Health Organization earlier this month, sources told Reuters, part of what a senior agency official said was a more than two-fold increase in cyberattacks.
Cision: According to the report, cybercrime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015. This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, and will be more profitable than the global trade of all major illegal drugs combined.
Katten: In the wake of the coronavirus (COVID-19) pandemic, government officials have urged companies to allow more employees to work from home in an effort to halt the spread of the disease. As businesses shuffle to operationalize remote work policies, bad actors continue to exploit the vulnerabilities associated with remote work and target employees working from home.
The Washington Post: Chinese hackers have used fake documents about the coronavirus to deliver malicious software and steal sensitive user information, according to a report Thursday from researchers documenting a growing wave of cybercrime exploiting fears about the global pandemic.
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