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,…

Many novice Office 365 (O365) shops do not know where platform-specific security vulnerabilities lie, or even that they exist. The threats that you are unaware exist do not cause pain until they rise up and bite – then the agony is fierce. Companies get themselves into trouble when they do not fully understand the way…

Cybersecurity has emerged as the top focus of upstream oil and gas companies’ digital investments, according to a report from Accenture. The report is based on a global survey of 255 industry professionals, including C-suite executives, functional leaders and engineers. Increased investments in cybersecurity When respondents were asked which digital technologies their organizations are investing…

Many organizations are starting to realize the benefits of increased scale and velocity of application deployment in their businesses, according to F5 Networks. This value, however, can bring significant complexity as organizations maintain legacy infrastructure while increasingly relying on multiple public and private clouds, implement modern application architectures, and face an evolving and sophisticated threat…

Facebook recently pledged to improve its security following a lawsuit that resulted from a 2018 data breach. The breach, which was left open for more than 20 months, resulted in the theft of 30 million authentication tokens and almost as much personally identifiable information. A “View As” feature that enabled developers to render user pages…

Seven cybersecurity and privacy forecasts for 2020

The developments in the area of cybersecurity are alarming. As the number of smart devices in private households increases, so do the opportunities for cyber criminals to attack, TÜV Rheinland reveals. Uncontrolled access to personal data undermines confidence in the digital society. The logistics industry and private vehicles are increasingly being targeted by hackers. “From…

Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The lion’s share of those losses stem from the staggering growth of Ponzi schemes, exit scams, and misappropriation of funds crimes, the value of which rose 533 percent year over year….

The majority of companies (77 percent) continue to use or plan to use automation in the next three years, according to a Ponemon Institute and DomainTools survey. The biggest takeaway in this year’s study is that 51 percent of respondents now believe that automation will decrease headcount in the IT security function, an increase from…