The true potential of 5G for businesses
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…
How mobile use cases in financial services are affecting security
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…
More than 2 million cyber incidents in 2018 created $45 billion in losses
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,…
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…
Anatomy of a ransomware attack: How attackers gain access to unstructured data
Ransomware isn’t a new phenomenon, but it’s effects are starting to be felt more widely, and more deeply than ever before. Behemoths like Sony, Nissan, FedEx, Kraft Foods and Deutsche Bank have all been hit in recent years, and the list is growing. The ongoing saga of the ransomware attack in Baltimore, MD has left…
Organizations more likely to accelerate business when protecting their cloud data
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…
Healthcare executives need to make cybersecurity a business priority
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…
How many adults trust companies with their personal data?
More than one third (36%) of adults aged 16–75 trust companies and organizations with their personal data more since GDPR came into effect one year ago, according to TrustArc. There are positive sentiments toward enforcement activity, and half (47%) of respondents have exercised some of their GDPR privacy rights. 57% of respondents are also more…
Data privacy: A hot-button issue for Americans one year after GDPR
The General Data Protection Regulation (GDPR) went into effect in the European Union a year ago this month. GDPR, which gives EU citizens more control over their personal data by mandating how businesses must handle that information, has attracted great interest around the world. In addition, it has inspired government officials elsewhere in the world…
Dutch Probe China’s Huawei for Possible Spying: Report
The probe, reported by De Volkskrant newspaper, comes as a series of western countries weigh the risks of allowing the Chinese telecoms giant to become involved in the new 5G mobile phone infrastructure. Volkskrant said the AIVD refused to confirm the report. AIVD spokesman Hilbert Bredemeijer declined to comment, saying the spy agency “does not…