Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of the cybersecurity art, according to CipherTrace. Even Binance, the world’s number-one cryptocurrency exchange, lost tens of millions of crypto assets to a cyberattack perpetrated by sophisticated hackers using a lethal cocktail of…

In cybersecurity, deception is redundant if it cannot fulfill its critical aim – to misdirect, confuse, and lure attackers into traps and dead-ends. It is the art of tricking attackers into overextending and exposing themselves. To deceive attackers, an organization’s security team must see things from the adversary’s perspective. Several key components are required to…

Technology is transforming our world beyond recognition and both public and private sector organizations are at a tipping point where they must embrace digital transformation or risk being left behind. Concepts which once seemed futuristic and out of reach – autonomous vehicles, remote surgery, and smart cities – are now within our sights and 5G…

Financial services organizations are increasingly exposed to cyber threats, according to Wandera. The report “​Mobile Security in the Financial Services​,” includes analysis of six months of security data from 225 financial services customers with 50,000 devices collectively under management. Notable findings There were 4.7 million events across the subset of devices analyzed over the 6-month…

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,…

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…

Cloud services are the most significant advance in IT since the introduction of the internet itself, and most organizations today benefit from the collaboration, scalability and cost-effectiveness enabled by the use of cloud services, according to McAfee. With an increasing amount of sensitive data stored in the cloud, organizations are also finding challenges in managing…

Risks associated with Internet of Things, medical devices, third-party vendors, and program management are top of mind for healthcare executives, according to a CynergisTek’s survey. The survey of approximately 60 C-level healthcare executives revealed the greatest perceived threats and current challenges these organizations are facing in cybersecurity and privacy. The data also pinpointed some of…