Organizations in the energy/utilities, government, manufacturing, and healthcare sectors have witnessed an increase in cyberattacks over the past year. In fact, recent research found that nearly 1,000 government agencies and healthcare institutions experienced attacks in 2019. As these industries evolve and become more digitized, attackers have the opportunity to access more data than ever before….

The developments in the area of cybersecurity are alarming. As the number of smart devices in private households increase, so do the opportunities for cybercriminals to attack, according to TÜV Rheinland. Key cybersecurity trends for 2020 Uncontrolled access to personal data undermines confidence in the digital society. The logistics industry and private vehicles are increasingly…

Less than 50 percent of organizations can patch vulnerable systems swiftly enough to protect against critical threats and zero-day attacks, and 81 percent have suffered at least one data breach in the last two years, according to Automox. The research surveyed 560 IT operations and security professionals at enterprises with between 500 and 25,000 employees,…

Online payment fraud attempts see 73% increase

Online payment fraud attempts increased by 73 percent in 2019, according to a report from Sift. Additional findings in the report reveal that cybercriminals are using mobile devices more than desktops or laptops to commit payment fraud. In fact, though Windows is the top single operating system for fraudsters, iOS and Android combine to make…

Organizations are detecting and containing attacks faster as the global median dwell time, defined as the duration between the start of a cyber intrusion and it being identified, was 56 days. This is 28% lower than the 78-day median observed in the previous year, according to FireEye. Consultants attribute this trend to organizations improving their…

44% of malicious threats are cloud enabled, meaning that cybercriminals see the cloud as an effective method for subverting detection, according to Netskope. “We are seeing increasingly complex threat techniques being used across cloud applications, spanning from cloud phishing and malware delivery, to cloud command and control and ultimately cloud data exfiltration,” said Ray Canzanese,…

9,050,064,764 credentials have been recovered throughout 2019 which came from a total of 640 unique data breaches and include email addresses connected to plaintext passwords and usernames with plaintext passwords, SpyCloud reveals. That means, on average, each of these data breaches gave criminals more than 14 million sets of login credentials. Because people often reuse…

In an era of technological transformation and cyber everywhere, the attack surface is exponentially growing as cyber criminals attack operational systems and backup capabilities simultaneously in highly sophisticated ways leading to enterprise-wide destructive cyberattacks, a Deloitte survey reveals. Majority of C-suite and executive poll respondents (64.6%) report that the growing threat of destructive cyberattacks is…