How do I select cyber insurance for my business?
There has been a 70%+ increase in the average cost of a cybercrime to an organization over five years to $13mn and a 60%+ increase in the average number of security breaches, a recent report reveals. Losses resulting from external incidents, such as DDoS attacks or phishing and malware/ransomware campaigns, account for 85% of the…
Rising physical threats putting leaders under pressure
Physical threats are rising and increasingly unmanageable, putting unprecedented financial, reputational and liability pressures on business leadership and security teams, according to a study by the Ontic Center for Protective Intelligence. As physical security operations budgets are expected to increase in 2021, driven and accelerated by COVID-19, the study showcases the collective perspectives of chief…
Open source contributors spending no time on security
The Linux Foundation’s Open Source Security Foundation (OpenSSF) and the Laboratory for Innovation Science at Harvard (LISH) announced the release of a report which details the findings of a contributor survey administered by the organizations and focused on how contributors engage with open source software. The FOSS (Free and Open Source Software) contributor survey and…
Most pros are concerned about cybersecurity risks related to 5G adoption
Most professionals say their organizations are concerned about cybersecurity risks related to 5G adoption (76.4% of professionals at organizations currently use 5G and 80.7% of professionals at organizations plan to adopt 5G in the year ahead), according to a Deloitte poll. “U.S. 5G bandwidth availability has expanded and accelerated considerably in recent months, offering competitive…
Key cybersecurity problems expected to mark 2021
After a year in which COVID-19 upended the way we live, work and socialize, we are likely to see an increased threat from ransomware and fileless malware in 2021, according to ESET. Trend 1: The future of work – embracing a new reality The advent of the pandemic has ushered in mass implementation of remote…
Combating the virtual and physical threats banks face
The banking sector has always been at the center of criminal attention. Today, banks must contend with near-constant cyber attacks from organized criminal gangs, as well as highly skilled and well-resourced threat actors working on behalf of nation-states. In recent years we have seen multiple APT groups launching sophisticated attacks on financial institutions around the…
Cyberpunk 2077 free download hoax
One of the most eagerly awaited games of the year, Cyberpunk 2077, is set for release in December 2020. As gamers count down the days, scammers are using the window to cash in. We found several websites supposedly giving away Cyberpunk 2077. Alas, visitors are sure to be disappointed, or worse. How the Cyberpunk 2077…
6 new ways threat actors will attack in 2021
When COVID-19 hit and then started forcing massive enterprise changes in March, it caused a significant change in the enterprise threat landscape. That is even more troubling given that it all happened within a few days, which required the cutting of security corners for everything, especially the creation of remote sites. COVID also accelerated movement…
Growth of cloud-native apps and containerization to define 2021
Scality announced its data storage predictions for 2021, focusing on the rapid growth rate of cloud-native apps and containerization. According to IDC, by 2023, over 500 million digital apps and services will be developed and deployed using cloud-native approaches. That is the same number of apps developed in total over the last 40 years. 2021…
Holiday shopping season fraud stats revealed
There’s a 1% decrease in suspected online retail fraud worldwide during the start of the 2020 holiday shopping season compared to the same period in 2019, a 59% increase from the same period in 2018 and a 14% increase from all of 2020 so far, TransUnion research reveals. Holiday shopping season fraud stats The findings…