Already under attack by cybercriminals and ransomware operators, state and local government are facing heightened cybersecurity threats as they move into the second half of 2020, when they will be required to manage elections while dealing with hard economic choices, experts said this week. State and local governments have struggled with cybersecurity for years, but…

Cybercriminals exposed 5 billion records in 2019, costing U.S. organizations over $1.2 trillion

Cybercriminals exposed over 5 billion records in 2019, costing over $1.2 trillion to U.S. organizations, according to ForgeRock. Coupled with breaches in 2018 costing over $654 billion, breaches over the last two years have cost U.S. organizations over $1.8 trillion. Healthcare: The most targeted industry Healthcare emerged as the most targeted industry in 2019, accounting…

5G adoption, security and worldwide market trends

With 5G adoption ramping up all over the world, we sat down with Chris Pearson, President of 5G Americas, to learn more about the current 5G landscape. 5G Americas is an industry trade organization composed of leading telecommunications service providers and manufacturers like Samsung, AT&T, Intel, Ericsson, Qualcomm and T-Mobile. What’s your take on the…

Most companies see strong business drivers to adopt IoT as part of a broader digital transformation process. Improved efficiency and productivity, improved product/service quality, and improved customer retention and experience ranked highest as objectives. Implementation concerns, particularly around security, remain, Syniverse reveals. The study was conducted across 200 enterprise executives in North America and Europe…

Not all IT budgets are being cut, some are increasing

At a high level—and contrary to conventional wisdom – not all IT budgets are being cut. Even with the economic challenges that COVID-19 has posed for businesses, almost 38 percent of enterprises are keeping their IT budgets unchanged (flat) or actually increasing them. Yellowbrick Data received responses from more than 1,000 enterprise IT managers and…

VMware Fixes Fusion Vulnerability Introduced by Previous Patch

VMware informed customers in mid-March that it had patched a high-severity privilege escalation vulnerability in Fusion, Remote Console (VMRC) and Horizon Client for Mac. The flaw, tracked as CVE-2020-3950, can be exploited by an attacker with regular user privileges to escalate privileges to root. The researchers who independently reported the issue to VMware, Rich Mirch…

Currently, organizations are struggling to adjust to the new normal amidst the COVID-19 pandemic, a Bitglass survey reveals. 41% have not taken any steps to expand secure access for the remote workforce, and 50% are citing proper equipment as the biggest impediment to doing so. Consequently, 65% of organizations now enable personal devices to access…