Social media-enabled cybercrime is generating $3.25 billion a year

Social media-enabled cybercrime is generating at least $3.25B in global revenue annually, according to an extensive six-month academic study undertaken by Dr. Mike McGuire, Senior Lecturer in Criminology at the University of Surrey. Key insights One in five organizations have been infected with malware distributed via social media Reports of cybercrime involving social media grew…

Healthcare industry: Key trends and cybersecurity challenges

Each year, Bitglass analyzes data from the U.S. Department of Health and Human Services’ “Wall of Shame,” a database containing information about breaches of protected health information (PHI) that affected 500 or more individuals. In 2019’s report, the latest data is compared to that of previous years, revealing key trends and cybersecurity challenges facing the…

Accidental data breaches are often compounded by a failure to encrypt

83 percent of security professionals believe that employees have accidentally exposed customer or business sensitive data at their organization. Accidental data breaches are often compounded by an organizational failure to encrypt data prior to it being shared – both internally and externally – putting their organizations at risk of non-compliance with major data privacy regulations,…

92% of organizations rank users as their primary security concern

Cybercrime continues to evolve and become more sophisticated. AI and machine learning are leveraged by many criminal organizations to help them better understand how to improve their attacks and they are now targeting specific industry verticals, organizations and even individuals. Increases in the frequency of ransomware, phishing and crypto jacking attacks were experienced by businesses…

Facebook Taps User Data to Defend Workers From Threat

CNBC reported that it interviewed more than a dozen former Facebook security employees, some of whom questioned the ethics of what was portrayed as an unclearly defined practice at the leading social network. Facebook spokesman Anthony Harrison told AFP that the company’s physical security team exists to keep workers safe and that strict processes are…

Consumers Care About Security – Sometimes

Consumer concern about cybersecurity and privacy is very real but not evenly distributed, a new report shows: while passwords and financial information are worrying for everyone, concern about other information varies widely depending on the individual’s age, gender, and national origin. The RSA Data Privacy & Security Survey 2019 of more than 6,000 adults contains…

Four differences between the GDPR and the CCPA

By passing the California Consumer Privacy Act (CCPA), which goes into effect on January 1, 2020, the Golden State is taking a major step in the protection of consumer data. The new law gives consumers insight into and control of their personal information collected online. This follows a growing number of privacy concerns around corporate…