Cybercriminals from around the world are actively discussing how to compromise connected devices, and how to leverage these devices for moneymaking schemes, according to Trend Micro. Trend Micro Research analyzed forums in the Russian, Portuguese, English, Arabic, and Spanish language-based underground markets to determine how cybercriminals are abusing and monetizing connected devices. The results reveal…

70 percent of organizations are more frequently seeing insider attacks, with 60 percent experiencing one or more within the last 12 months, and 68 percent feeling “extremely to moderately” vulnerable to them, according to Nucleus Cyber. Not only are organizations seeing a dramatic increase of attacks from insiders, but 85 percent are finding it difficult…

Do cloud apps make you a target for cyber attacks?

Almost half (49%) of businesses believe cloud apps make them a target for cyber attacks, a Thales research reveals. Surveying 1,050 IT decision makers globally, Thales’ 2019 Access Management Index revealed that cloud applications (49%) are listed in the top three reasons an organization might be attacked, just behind unprotected infrastructure such as IoT devices…

Cyberattack Hits Aircraft Parts Manufacturer

A cyberattack has shut down international production at Asco, a company in Zaventem, Belgium, that is a significant supplier of parts to airline manufacturers around the world. According to the company, it has shut down all manufacturing operations in Belgium, Germany, Canada, and the US, sending more than 1,000 of their 1,400 global workers home….

Cyberattackers Focus on More Subtle Techniques

The time it takes to detect the average cyberattack has shortened, but cyberattackers are now using more subtle techniques to avoid better defenses, a new study of real incident response engagements shows. Victim organizations detected attacks in 14 days on average last year, down from 26 days in 2017. Yet, attackers seem to be adapting…

Scientists may have identified a new way to improve network security

With cybersecurity one of the nation’s top security concerns and billions of people affected by breaches last year, government and businesses are spending more time and money defending against it. Researchers at the U.S. Army Combat Capabilities Development Command’s Army Research Laboratory, the Army’s corporate research laboratory also known as ARL, and Towson University may…

Organizations investing in security analytics and machine learning to tackle cyberthreats

IT security’s greatest inhibitor to success is contending with too much security data. To address this challenge, 47 percent of IT security professionals acknowledged their organization’s intent to acquire advanced security analytics solutions that incorporate machine learning (ML) technology within the next 12 months. Such investments help to mitigate the risks of advanced cyberthreats missed…

Average DDoS attack sizes decrease 85% due to FBI’s shutdown of DDoS-for-hire websites

The FBI’s shutdown of the 15 largest distributed denial-of-service (DDoS) for hire vendors (booters) reduced the overall number of attacks worldwide by nearly 11 percent compared to the same period last year. Along with the fewer total attacks, the average size decreased by 85 percent as did the maximum attack size by 24 percent, indicating…