Over half of security leaders still rely on spreadsheets

Senior security leaders within financial services companies are being challenged with a lack of trusted data to make effective security decisions and reduce their risk from cyber incidents, according to Panaseer. Results from a global external survey of over 400 security leaders that work in large financial services companies reveal concerns on security measurement and…

COVID-19 online fraud trends: Industries, schemes and targets

The telecommunications, retail and financial services industries have been increasingly impacted by COVID-19 online fraud, according to TransUnion. From a consumer perspective, Millennials have been most targeted by fraudsters using COVID-19 scams. Overall, the percent of suspected fraudulent digital transactions rose 5% from March 11 to April 28 when compared to Jan. 1 to March…

Global remote work transitions fail to consider security gaps

Security measures and password best practices have not taken priority in many regions during the shift to remote work due to the COVID-19 pandemic, according to a survey by OneLogin. Nearly 1 in 5 (17.4%) global respondents have shared their work device password with either their spouse or child, potentially exposing corporate data. External threats…

Attackers are using this time of crisis to go after victims with targeted campaigns. The biggest threats are phishing attacks related to COVID-19. Attackers are also setting up COVID-19-related domain names and enticing people to click on them. Anomali recently released a report that identified at least 15 distinct COVID-19-related campaigns associated with 11 threat…

Zoom was a popular online conferencing application before COVID-19 infected the world, but the pandemic drove usage of the service to astronomical levels. Before the virus spread, the platform garnered about 10 million meeting participants a day. By March, that number was 200 million a day. “[W]e did not design the product with the foresight…

While the economic and social fallout of the coronavirus captures virtually all federal, state and local policymaking resources, the US is quickly moving into a critical election season with election safety and security issues still unresolved. Yesterday, the House of Representatives voted overwhelmingly to pass the latest in a string of coronavirus-related bills, a $484…

On Monday, ZecOps released a report about a couple concerning vulnerabilities with the Mail app in iOS. These vulnerabilities would allow an attacker to execute arbitrary code in the Mail app or the maild process that assists the Mail app behind the scenes. Most concerning, though, is the fact that even the most current version…

Highlighting the diminished opportunities for Chinese telecom and technology providers in the US, the Department of Justice (DOJ) announced last week that the Trump Administration would seek to revoke and terminate the licenses of mobile operator China Telecom. China Telecom is authorized to provide communications, data, television and business services in the US as a…

As US citizens wait for President Trump’s final decision about whether quarantine will be over by Easter, malware peddlers have already “decided”: quarantine will be prolonged until August 2020. Phishing emails point to malware Researchers with anti-phishing startup Inky have spotted two phishing emails purportedly coming from the White House, “signed” by President Trump. Both…