Application Security

Issued by: Help Net Security

Facebook recently pledged to improve its security following a lawsuit that resulted from a 2018 data breach. The breach, which was left open for more than 20 months, resulted in the theft of 30 million authentication tokens and almost as much personally identifiable information. A “View As” feature that enabled developers to render user pages…

Malware & Threats

Issued by: Security Week

The finance director of the island’s Industrial Development Company, Rubén Rivera, said in a complaint filed to police Wednesday that the agency sent the money to a fraudulent account. Rivera said the government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance…

Network Security

Issued by: Help Net Security

Seven cybersecurity and privacy forecasts for 2020

The developments in the area of cybersecurity are alarming. As the number of smart devices in private households increases, so do the opportunities for cyber criminals to attack, TÜV Rheinland reveals. Uncontrolled access to personal data undermines confidence in the digital society. The logistics industry and private vehicles are increasingly being targeted by hackers. “From…

Network Security

Issued by: Help Net Security

Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The lion’s share of those losses stem from the staggering growth of Ponzi schemes, exit scams, and misappropriation of funds crimes, the value of which rose 533 percent year over year….

Network Security

Issued by: Help Net Security

The majority of companies (77 percent) continue to use or plan to use automation in the next three years, according to a Ponemon Institute and DomainTools survey. The biggest takeaway in this year’s study is that 51 percent of respondents now believe that automation will decrease headcount in the IT security function, an increase from…

Malware & Threats

Issued by: Security Week

The new coronavirus outbreak, which started in China, has made a lot of headlines recently and has caused global panic. Over 40,000 infections have been confirmed and the death toll has exceeded 1,000. The virus has been named 2019-nCoV and Covid-19. Given the virus’s impact, it’s not surprising that cybercriminals and fraudsters have been leveraging…

Network Security

Issued by: Help Net Security

9,050,064,764 credentials have been recovered throughout 2019 which came from a total of 640 unique data breaches and include email addresses connected to plaintext passwords and usernames with plaintext passwords, SpyCloud reveals. That means, on average, each of these data breaches gave criminals more than 14 million sets of login credentials. Because people often reuse…

Network Security

Issued by: Help Net Security

83% of IT security professionals feel more overworked going into 2020 than they were at the beginning of 2019, and 82% said their teams were understaffed, according to a Tripwire survey. Hard to find skilled security staff The strain on cybersecurity teams is exacerbated by the inability to find experienced staff, and 85% acknowledged it…