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CityAM: Phishing emails are a major concern in cyber security. Some, like that message, are intended to trick the recipient into revealing sensitive information, while others are used to install malware onto someone’s device – sometimes without their knowledge – or can even lead to a ransomware attack, where the user is locked out of their system unless they fork over cash to the perpetrator.
ZDNet: Companies that fall victim to cyberattacks and data breaches often come in for criticism, but one of the best things an organisation can do to ensure it remains protected against the impacts of a hacking incident is to take advantage of the expertise of cybersecurity professionals who've faced a major attack.
CNN: Twenty-seven countries have signed a joint agreement on what constitutes fair and foul play in cyberspace — with a nod toward condemning China and Russia.
CBR: Improving cybersecurity is now top of the technology investment agenda at banks, according to an annual survey conducted by Lloyds Banking Group: climbing above reducing operating costs and improving customer satisfaction – last year’s priorities.
AGIO: In the context of cybersecurity, social engineering can best be defined as the use of deceptive tactics to prompt individuals to grant access or disclose information for fraudulent or malicious purposes.
ZDNet: Business email compromise (BEC) has overtaken ransomware and data breaches as the main reason companies filed a cyber-insurance claim in the EMEA (Europe, the Middle East, and Asia) region last year, said insurance giant AIG.
Sky News: A cyber attack such as the strike that brought down NHS hospitals in 2017 could prompt a response from all NATO countries, the alliance's general secretary has said.
Business Wire: A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost as enterprises become more dependent on the digital realm.
Tech Startups: CrowdStrike, a cybersecurity company that provides cloud-based endpoint protection, has launched a $20m early stage investment fund. Started in partnership with Accel, Falcon Fund will focus on seed and Series A investments in security startups that are building applications on the CrowdStrike Falcon platform.
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