The Wuhan coronavirus continues to spread and create anxiety across the globe, allowing malicious individuals and groups to exploit the situation to spread fake news, malware and phishing emails. Malicious coronavirus-themed campaings IBM X-Force says that Japanese users have been receiving fake notifications about the coronavirus spreading in several prefectures, purportedly sent by a disability…

In an era of technological transformation and cyber everywhere, the attack surface is exponentially growing as cyber criminals attack operational systems and backup capabilities simultaneously in highly sophisticated ways leading to enterprise-wide destructive cyberattacks, a Deloitte survey reveals. Majority of C-suite and executive poll respondents (64.6%) report that the growing threat of destructive cyberattacks is…

Nearly 90 percent of global organizations were targeted with BEC and spear phishing attacks in 2019, reflecting cybercriminals’ continued focus on compromising individual end users, a Proofpoint survey reveals. Seventy-eight percent also reported that security awareness training activities resulted in measurable reductions in phishing susceptibility. The report examines global data from nearly 50 million simulated…

Japanese multinational Mitsubishi Electric has admitted that it had suffered a data breach some six months ago, and that “personal information and corporate confidential information may have been leaked.” The company, though, claims that “sensitive information on social infrastructure such as defense, electric power, and railways, highly confidential technical information, and important information concerning business…

What Is the Biggest Challenge Facing Endpoint Security? Hint: It’s Not Malware

The need to achieve responsible enterprise security has taken center stage in enterprise IT management in recent years, precipitated by a deluge of public data breaches that damaged company reputations. However, lacking information on the most critical modern attack vectors, many organizations continue to rely solely on traditional virus scanning tools as their sole method…

Only 6% of all breaches in 2019 were suffered by financial services firms, according to Bitglass. However, these breaches compromised significantly more records than those that occurred in other industries. Leaked records and data breaches in the financial services industry In total, more than 60% of all leaked records in 2019 were exposed by financial…

Specific numbers are hard to pin down on man-in-the-middle (MitM) attacks, but according to IBM’s X-Force Threat Intelligence Index 2018, more than one-third of exploitation of inadvertent weaknesses involved MitM attacks. Exactly how do these hacks play out? How do criminals get in and steal information – and how are their techniques evolving? Here’s a…

For any business, privacy and security are a constant concern. The variety and velocity of attacks seeking to infiltrate corporate systems and steal vital business and customer information seem never-ending. Given the very public repercussions of certain types of breaches, it can be easy for executives and IT professionals to focus attention on only the…