Cybersecurity Industry Outlook: 2017 to 2021
In 2004, the global cybersecurity market was worth $3.5 billion — and by 2017 it will be worth at least 35X that amount, according to numerous estimates from market researchers and analysts. Cybersecurity is one of the fastest growing and largest technology sectors. Four predictions from Cybersecurity Ventures frame the cybersecurity economy over the next…
Most would stop using digital payments if breached
88% of respondents to a survey conducted by Wakefield Research would stop using digital payments if they personally fell victim to cybercriminal activities as a result of a data breach. Respondents said that they would discontinue use of digital payments if: Money was stolen from a linked bank account – 70% Unauthorized charges appeared on…
Why you need to develop an immersive security strategy
Security solutions today are inadequate in part because they do not provide a truly effective experience for consuming security data and analyzing and responding to threats. In this evolving threat landscape, businesses will need to utilize intuitiveness and situational awareness to enable security professionals to really “experience” the data and become more efficient and strategic….
Malware and spam groups exploit US election fever
Over the past month, Symantec has blocked almost 8 million spam emails relating to the US presidential election. The volume of spam has increased steadily during that period, reflecting rising interest in the election as the November 8 polling day draws near. The trend reflects one of the tactics most commonly used by spam groups….
Backdoor Uploaded to WordPress Sites via eCommerce Plugin Zero-Day
A zero-day vulnerability in an ecommerce plugin for WordPress has been exploited by cybercriminals to upload backdoors to affected websites, researchers warned. The ideal scenario for profit-driven hackers is to find and exploit security holes in plugins installed on hundreds of thousands or millions of websites. However, targeting a large number of less popular applications…
Millennials A Growing Target Of IT Support Scams
New Microsoft-NCSA study finds that two out of three customers have been exposed to tech support scams in the last 12 months. More millennials are falling victim to tech support scams, surpassing senior citizens as the group most frequently tricked by fraudsters. This finding comes from a new study released by Microsoft and the National…
How To Become A Cybersecurity Entrepreneur In A Crowded Market
If you want to build the next great cybersecurity startup, use your expertise, then follow these three simple suggestions. Declines in venture funding often paralyze the technology community. Talk of bubbles, dying unicorns, and austerity can surge for weeks following a negative report. In response, many entrepreneurs hit pause on their dreams, believing they should…
Critical cybersecurity priorities for the next US president
While the US presidential campaign has occasionally focused on cyber security, the topic demands more urgent attention from the individual elected as the 45th President of the United States. ISACA recommends that cyber security be a significant component of the next president’s 100-day agenda, especially given its overlap with geopolitical and economic issues. Bolstering the…
Breaking the OODA Loop!
The OODA loop is a well established concept often used in security which originated in the military. OODA stands for Observe, Orient, Decide, Act. OODA is an iterative process because after each action you need to observe your results and any new opposing action. The idea is that if you can consistently get to the…
Android.Lockscreen ransomware now using pseudorandom numbers
New variants of Android.Lockscreen are using pseudorandom passcodes to prevent victims from unlocking devices without paying the ransom. Previous versions of these threats locked the screen and used a hardcoded passcode, but analysts were able to reverse engineer the code to provide victims with the passcode to unlock their devices. Attackers have also combined a…