The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that overall breaches and exposed records were down in 2018, according to Internet Society’s Online Trust Alliance (OTA). The data shows that cybercriminals are getting better at monetizing their activities,…

What can financial institutions do to improve email security?

Financial institutions are in a fully-fledged war against data breaches. And rightly so – the finance sector is a frequent target of ransomware, phishing, and other malicious attacks. Sensitive communications are particularly vulnerable, with thousands getting leaked every year. Yet at the same time, championing email security in the finance sector may seem like a…

How the healthcare industry can improve online trust

Privacy on the internet is important in all industries, but none more so than the healthcare sector, which handles mass amounts of online health data daily. While any data loss (financial, identification, passwords, etc.) is significant, it can be particularly wrenching to think of one’s personal medical details floating in the cloud, accessible to anyone…

Beating biometrics: Why biometric authentication alone is not a panacea

As we witness the accelerating use of biometrics throughout our lives, we must pause to consider the risks and ramifications of doing so as technological advancements make it increasingly easy to mimic, manipulate and manufacture biometry. As the world becomes more reliant on biometric authentication, it’s vital that we understand how it’s being threatened, what…

How past threats and technical developments influence the evolution of malware

If we want to anticipate how malware will evolve in the near future, we have to keep two things in mind: past threats and current technical developments. “The evolution of malware-related threats is like a sine wave movement, re-infused by new technology developments,” Christiaan Beek, Lead Scientist and Senior Principal Engineer, McAfee, told Help Net…

IoT explodes worldwide, researchers investigate security issues present in the devices real users own

About 40 percent of households across the globe now contain at least one IoT device, according to Avast. In North America, that number is almost double, at 66 percent, bringing with it an associated growth in cybersecurity risks. The findings have been published in a new research paper “All Things Considered: An Analysis of IoT…

Why phishing education has never been more critical to your business

Our cyber defenses are becoming stronger and stronger every year. Even the smallest companies can now deploy advanced anti-malware and intrusion detections tools that were, until recently, only within the reach of larger enterprises. Today, sandboxed behavior detection and machine-learning/artificial intelligence powered security services make it easy for organizations of any size to crack down…

How to diminish the great threat of legacy apps

The Equifax breach underscored the risk posed by unpatched software applications. As a refresher, 146 million customer records were exposed after a known vulnerability in Apache Struts was exploited. The reality is enterprises are supporting an ever-growing number of applications, both commercial and homegrown which has created many challenges in maintaining proper security patches for…