cyber risk

Vulnerabilities

Issued by: Help Net Security

The rapid increase in cyberattacks and pressures escalating from changes prompted by COVID-19 have shifted consumer behavior. The findings of a report by the World Economic Forum outline core cybersecurity principles and point to how companies and investors must significantly reduce cyber risk to remain competitive. “There is a serious imbalance between the “time to…

Vulnerabilities

Issued by: Help Net Security

Because IT security and the C-suite are misaligned, digital transformation increases cyber risk

While digital transformation is understood to be critical, its rapid adoption, as seen with cloud providers, IoT and shadow IT, is creating significant cyber risk for most organizations. Today, these vulnerabilities are only exacerbated by misalignment between IT security professionals and the C-suite. The research by CyberGRX and Ponemon Institute surveyed 900 IT security professionals…

Cloud Security

Issued by: Help Net Security

The ease and speed at which new cloud tools can be deployed is also making it harder for security teams to control their usage, IBM Security reveals. According to the data, basic security oversight issues, including governance, vulnerabilities, and misconfigurations, remain the top risk factors organizations must address to secure increasingly cloud-based operations. Additionally, an…

Vulnerabilities

Issued by: Help Net Security

Over half of security leaders still rely on spreadsheets

Senior security leaders within financial services companies are being challenged with a lack of trusted data to make effective security decisions and reduce their risk from cyber incidents, according to Panaseer. Results from a global external survey of over 400 security leaders that work in large financial services companies reveal concerns on security measurement and…

Vulnerabilities

Issued by: Help Net Security

COVID-19 online fraud trends: Industries, schemes and targets

The telecommunications, retail and financial services industries have been increasingly impacted by COVID-19 online fraud, according to TransUnion. From a consumer perspective, Millennials have been most targeted by fraudsters using COVID-19 scams. Overall, the percent of suspected fraudulent digital transactions rose 5% from March 11 to April 28 when compared to Jan. 1 to March…

Vulnerabilities

Issued by: Help Net Security

Entrust Datacard released the findings of its survey which highlights the critical need to address data security challenges for employees working from home as a result of the pandemic based on responses from 1,000 US full-time professionals. As social distancing mandates took effect in March 2020, employers found themselves in a massive remote work experiment,…

Network Security

Issued by: Help Net Security

Organizations’ current approach to risk governance is not sufficient to tackle the complex risk environment organizations are facing today, according to Gartner. The COVID-19 pandemic is just the latest in a line of recent risk events showing how organizations are not properly set up to manage risk, especially fast-moving ones. The research showed that 87%…

Malware & Threats, Network Security

Issued by: Help Net Security

Zscaler released their second annual IoT report, compiled after analyzing their customers’ IoT transactions in the Zscaler cloud for two weeks. The company found 553 different IoT devices across 21 categories from 212 manufacturers. Organizations around the world are observing this Shadow IoT phenomenon, where employees are bringing unauthorized devices into the enterprise. With this…

Cloud Security, Vulnerabilities

Issued by: Help Net Security

A sharp increase (57%) in high-risk vulnerabilities drove the threat index score up 8% from December 2019 to January 2020, according to the Imperva Cyber Threat Index. Following the release of Oracle’s Critical Patch Update – which included 19 MySQL vulnerabilities—there was an unusual increase in the vulnerabilities risk component within the Index. Specifically, there…