Cloud business initiatives accelerating faster than security teams’ ability to secure them

The speed of cloud business initiatives is hampering organizations’ ability to secure and manage hybrid environments, with security personnel often not included. The 2019 State of Hybrid Cloud Security survey by FireMon revealed 60% of respondents either agreed or strongly agreed that this was happening in their organizations. Additional key findings include: Only 56% of…

Social media-enabled cybercrime is generating $3.25 billion a year

Social media-enabled cybercrime is generating at least $3.25B in global revenue annually, according to an extensive six-month academic study undertaken by Dr. Mike McGuire, Senior Lecturer in Criminology at the University of Surrey. Key insights One in five organizations have been infected with malware distributed via social media Reports of cybercrime involving social media grew…

Healthcare industry: Key trends and cybersecurity challenges

Each year, Bitglass analyzes data from the U.S. Department of Health and Human Services’ “Wall of Shame,” a database containing information about breaches of protected health information (PHI) that affected 500 or more individuals. In 2019’s report, the latest data is compared to that of previous years, revealing key trends and cybersecurity challenges facing the…

Most IoT devices are being compromised by exploiting rudimentary vulnerabilities

Cybercriminals are looking for ways to use trusted devices to gain control of Internet of Things (IoT) devices via password cracking and exploiting other vulnerabilities, such as through the exploitation via voice assistants, according to the latest Mobile Threat Report unveiled by McAfee. With over 25 million voice assistants in use across the world, these…

92% of organizations rank users as their primary security concern

Cybercrime continues to evolve and become more sophisticated. AI and machine learning are leveraged by many criminal organizations to help them better understand how to improve their attacks and they are now targeting specific industry verticals, organizations and even individuals. Increases in the frequency of ransomware, phishing and crypto jacking attacks were experienced by businesses…

How are businesses facing the cybersecurity challenges of increasing cloud adoption?

Cloud services serve core functions essential to all aspects of business operations, but getting cloud security right is still a challenge for many organizations, the 2019 Cloud Threat Report by Oracle and KPMG has shown. The two companies have asked 450 cyber security and IT professionals from private and public-sector organizations in the US, Canada,…

Most wanted malware in January 2019: A new threat speaks up

Check Point’s Global Threat Index for January 2019 reveals a new backdoor Trojan affecting Linux servers, which is distributing the XMRig crypto-miner. The new malware, dubbed SpeakUp, is capable of delivering any payload and executing it on compromised machines. The new Trojan currently evades all security vendors’ anti-virus software. It has been propagated through a…