Healthcare organizations have high levels of confidence in their cybersecurity preparedness despite most of them using only basic user authentication methods in the face of an increasing number of patient identity theft and fraud instances in the marketplace, according to LexisNexis Risk Solutions. Key survey findings Specifically, the survey results showed: 58% believe that the…

The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that overall breaches and exposed records were down in 2018, according to Internet Society’s Online Trust Alliance (OTA). The data shows that cybercriminals are getting better at monetizing their activities,…

What can financial institutions do to improve email security?

Financial institutions are in a fully-fledged war against data breaches. And rightly so – the finance sector is a frequent target of ransomware, phishing, and other malicious attacks. Sensitive communications are particularly vulnerable, with thousands getting leaked every year. Yet at the same time, championing email security in the finance sector may seem like a…

How the healthcare industry can improve online trust

Privacy on the internet is important in all industries, but none more so than the healthcare sector, which handles mass amounts of online health data daily. While any data loss (financial, identification, passwords, etc.) is significant, it can be particularly wrenching to think of one’s personal medical details floating in the cloud, accessible to anyone…

Cybersecurity professionals are outgunned and burned out

Nearly half (48 percent total) of cybersecurity leaders across France, Germany and the UK believe their teams are falling behind in the skills race against would-be cyber criminals, according to Symantec. This has put increased pressure on an already overloaded profession, with nearly two thirds of cybersecurity professionals considering quitting their jobs (64 percent total)…

Cloud security exacerbated by immature security practices

Enterprises are struggling to keep up with the rapid expansion of cloud within their businesses, according to Symantec. Surveying 1,250 security decision makers across the globe, Symantec’s Cloud Security Threat Report (CSTR) uncovered insights on the shifting cloud security landscape, finding enterprises have reached a tipping point: more than half (53%) of all enterprise compute…

Beating biometrics: Why biometric authentication alone is not a panacea

As we witness the accelerating use of biometrics throughout our lives, we must pause to consider the risks and ramifications of doing so as technological advancements make it increasingly easy to mimic, manipulate and manufacture biometry. As the world becomes more reliant on biometric authentication, it’s vital that we understand how it’s being threatened, what…