7 signs your cybersecurity is doomed to fail in 2020
While most enterprises have come to terms with the fact that a security incident is not a factor of “if,” but rather “when,” many are still struggling to translate this into the right security architecture and mindset. FireEye’s Cyber Trendscape 2020 report found that the majority (51%) of organizations do not believe they are ready…
Cybersecurity industry predictions for 2020 and beyond
When it comes to cybersecurity industry predictions for 2020, Optiv researchers expect to see a focus on privacy, evolving threat actors, pervasive deepfake videos, and increased election interference. “As we look beyond 2019 and into 2020, we have a solid idea of what threats the industry is facing, and not just ransomware and phishing attacks,…
As malware and network attacks increase in 2019, zero day malware accounts for 50% of detections
Amid significant increases in both malware and network attacks, multiple Apache Struts vulnerabilities – including one used in the devastating Equifax data breach – appeared for the first time on WatchGuard’s list of most popular network attacks in Q3 2019. Massive fallout from the Equifax breach The report also highlights a major rise in zero…
European cybersecurity market to exceed $65 billion by 2025
The European cybersecurity market is determined to exceed $65 billion by 2025, according to Graphical Research. This growth is attributed to strong government initiatives to promote data safety and hefty investments in cybersecurity solutions. Industry sectors and cybersecurity The increasing cases of data breaches and cyber attacks on critical business infrastructure have driven several business…
Cybercriminals targeting e-commerce website vulnerabilities this holiday season
Expect unprecedented levels of online data theft this holiday season due to a lack of deployed client-side security measures. Disturbing lack of security measures Tala Security highlights the widespread vulnerability resulting from integrations that enable and enhance website functionality. These integrations, which exist on nearly every modern website operating today, allow attackers to target PII…
Cyber risk increases at all layers of the corporate network
Organizations will face a growing risk from their cloud and the supply chain, according to Trend Micro. Cyber risk increases at all levels The growing popularity of cloud and DevOps environments will continue to drive business agility while exposing organizations, from enterprises to manufacturers, to third-party risk. “As we enter a new decade, organizations of…
How much does it cost to launch a cyberattack?
Companies spend big to defend their networks and assets from cyber threats. Kaspersky Labs has found security budgets within enterprises average around $9 million per year. On top of that, data breaches cost companies millions of dollars. Yet, cheap, relatively easy-to-use off-the-shelf hacking tools make the barrier to entry for cybercriminals incredibly low. Cyber attacks…
Only 47% of cybersecurity pros are prepared to deal with attacks on their IoT devices
Fewer than half (47%) of cybersecurity professionals have a plan in place to deal with attacks on their IoT devices and equipment, despite that fact that nine out of ten express concerns over future threats, according to the Neustar International Security Council (NISC) research. Do you have a plan for the security of your IoT…
Phishing attacks at highest level in three years
The number of phishing attacks continued to rise into the autumn of 2019, according to APWG. The total number of phishing sites detected in July through September 2019 was 266,387. This was up 46 percent from the 182,465 seen in the second quarter of 2019, and almost double the 138,328 seen in Q4 2018. “This…
Phishing attacks up, especially against SaaS and webmail services
Phishing attacks continued to rise into the summer of 2019 with cybercrime gangs’ focus on branded webmail and SaaS providers remaining very keen, according to the APWG report. The report also documents how criminals are increasingly perpetrating business email compromise (BEC) attacks by using gift card cash-out schemes. The number of phishing attacks observed in…