Organizations are detecting and containing attacks faster as the global median dwell time, defined as the duration between the start of a cyber intrusion and it being identified, was 56 days. This is 28% lower than the 78-day median observed in the previous year, according to FireEye. Consultants attribute this trend to organizations improving their…

The new coronavirus outbreak, which started in China, has made a lot of headlines recently and has caused global panic. Over 40,000 infections have been confirmed and the death toll has exceeded 1,000. The virus has been named 2019-nCoV and Covid-19. Given the virus’s impact, it’s not surprising that cybercriminals and fraudsters have been leveraging…

Panic and confusion about the recent coronavirus outbreak spurred threat actors to launch several malware campaigns across the world, relying on a tried-and-true method to infect people’s machines: fear. Cybercriminals targeted users in Japan with an Emotet campaign that included malicious Word documents that allegedly contained information about coronavirus prevention. Malware embedded into PDFs, MP4s,…

The Wuhan coronavirus continues to spread and create anxiety across the globe, allowing malicious individuals and groups to exploit the situation to spread fake news, malware and phishing emails. Malicious coronavirus-themed campaings IBM X-Force says that Japanese users have been receiving fake notifications about the coronavirus spreading in several prefectures, purportedly sent by a disability…

In an era of technological transformation and cyber everywhere, the attack surface is exponentially growing as cyber criminals attack operational systems and backup capabilities simultaneously in highly sophisticated ways leading to enterprise-wide destructive cyberattacks, a Deloitte survey reveals. Majority of C-suite and executive poll respondents (64.6%) report that the growing threat of destructive cyberattacks is…

The need to achieve responsible enterprise security has taken center stage in enterprise IT management in recent years, precipitated by a deluge of public data breaches that damaged company reputations. However, lacking information on the most critical modern attack vectors, many organizations continue to rely solely on traditional virus scanning tools as their sole method…

Only 6% of all breaches in 2019 were suffered by financial services firms, according to Bitglass. However, these breaches compromised significantly more records than those that occurred in other industries. Leaked records and data breaches in the financial services industry In total, more than 60% of all leaked records in 2019 were exposed by financial…