Security threats associated with shadow IT

As cyber threats and remote working challenges linked to COVID-19 continue to rise, IT teams are increasingly pressured to keep organizations’ security posture intact. When it comes to remote working, one of the major issues facing enterprises is shadow IT. End users eager to adopt the newest cloud applications to support their remote work are…

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…

New software enables existing sensors to detect ransomware

Engineers from SMU’s Darwin Deason Institute for Cybersecurity have developed software to detect ransomware attacks before attackers can inflict catastrophic damage. Ransomware is crippling cities and businesses all over the world, and the number of ransomware attacks have increased since the start of the coronavirus pandemic. Attackers are also threatening to publicly release sensitive data…

How to implement least privilege in the cloud

According to a recent survey of 241 industry experts conducted by the Cloud Security Alliance (CSA), misconfiguration of cloud resources is a leading cause of data breaches. The primary reason for this risk? Managing identities and their privileges in the cloud is extremely challenging because the scale is so large. It extends beyond just human…

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…

Entrust Datacard released the findings of its survey which highlights the critical need to address data security challenges for employees working from home as a result of the pandemic based on responses from 1,000 US full-time professionals. As social distancing mandates took effect in March 2020, employers found themselves in a massive remote work experiment,…

Ransomware on the rise, companies prioritizing disaster recovery

The rampant rise of ransomware persists, with 100% of respondents – who include ITOps, backup, disaster recovery and storage admins, application and workload owners in the U.S. – reporting that their company experienced a ransomware attack in the last 12 months, Datrium reveals. With the evermore heightened threat of ransomware during the COVID-19 pandemic, companies…

Leveraging automation to maximize security budgets

With the economic impact of COVID-19 increasingly looking like an imminent recession and the way we do work altered perhaps forever, CIOs and CISOs will most likely be managing reduced budgets and a vastly different threat landscape. With the average cost of a breach continuing to skyrocket, the already slim margin for error will shrink…