Security budgets are rising, but is it enough?

A majority of companies (54 percent) are worried that they will soon outgrow their security solutions, according to Threat Stack. While budgets are expected to increase by 19 percent over the next two years, organizations are struggling with a disconnect between security and DevOps and are facing difficulties in determining where to allocate this budget…

USA and China identified as top cyber attack sources

NSFOCUS released its H1 Cybersecurity Insights report, which analyzed traffic from January 1, 2018 to June 30, 2018. Crypto miners Since the end of March, the number of crypto mining activities has risen sharply compared to the beginning of 2018. Among all crypto miners, WannaMine was the most active, responsible for more than 70 percent…

Securing campus networks became more challenging

The results of a global Infoblox survey on the state of network security at higher education institutions reveals that 81 percent of IT professionals believe securing campus networks has become more challenging in the last two years. The report titled “Defending Networks at Higher Learning Institutions – Heroes Needed” surveyed over 600 students, IT professionals…

Most Fortune 50 companies unprepared for major DNS attack

ThousandEyes has found that 68 percent of the top 50 companies on the Global Fortune 500 rankings are not adequately prepared for the next major attack on the DNS. Additionally, researchers found similar vulnerability among 44 percent of the top 25 SaaS providers, as well as 72% of the FTSE 100 companies. “Because Digital Experience…

Your backup data sets can become a treasure trove for advanced threat detection

Despite ever increasing investments in security technologies, data breaches and cyber incidents are increasing at a relentless rate, and the problem is projected to keep getting worse. Industry research shows that attacks from ransomware, data compromise, malicious email and credential theft more than doubled to 160,000 incidents per year, with unreported incidents likely bringing the…

Most consumers don’t trust companies to keep personal information secure

High-profile security breaches and changing regulations have raised consumer concerns and pressured businesses, establishing 2018 as a landmark year in the data economy. Original research from Oxford Economics highlights several challenges faced by businesses as they adjust to changing regulations and consumer uncertainty, including a resounding lack of trust — just 8% of consumers strongly…

Growing intrusion trends: A perspective on today’s most sophisticated cyberattacks

According to a new CrowdStrike report, the technology, professional services, and hospitality sectors were targeted most often by cyber adversaries. The actors used a variety of novel tactics, demonstrating particular creativity and perseverance in defense-evasion and credential-access TTPs such as the use of Windows Internal tool, Active Directory Explorer, for one-time credential dumping. Notable percentages…

Cryptomining dethrones ransomware as top threat in 2018

Based on trends in the first half of 2018, Webroot found that cybercriminals are shifting to increasingly sophisticated and targeted means of attack while also expanding their money making endeavors, as shown by the uptick in cryptojacking and cryptomining. There has been a massive shift from ransomware to cryptomining Malware in general, including ransomware and…