The top four Office 365 security pain points
Many novice Office 365 (O365) shops do not know where platform-specific security vulnerabilities lie, or even that they exist. The threats that you are unaware exist do not cause pain until they rise up and bite – then the agony is fierce. Companies get themselves into trouble when they do not fully understand the way…
Focus on cyber resilience increasing sharply as oil companies seek to protect their assets
Cybersecurity has emerged as the top focus of upstream oil and gas companies’ digital investments, according to a report from Accenture. The report is based on a global survey of 255 industry professionals, including C-suite executives, functional leaders and engineers. Increased investments in cybersecurity When respondents were asked which digital technologies their organizations are investing…
IT and business process automation growing with cloud architectures
Many organizations are starting to realize the benefits of increased scale and velocity of application deployment in their businesses, according to F5 Networks. This value, however, can bring significant complexity as organizations maintain legacy infrastructure while increasingly relying on multiple public and private clouds, implement modern application architectures, and face an evolving and sophisticated threat…
Three API security risks in the wake of the Facebook breach
Facebook recently pledged to improve its security following a lawsuit that resulted from a 2018 data breach. The breach, which was left open for more than 20 months, resulted in the theft of 30 million authentication tokens and almost as much personally identifiable information. A “View As” feature that enabled developers to render user pages…
Seven cybersecurity and privacy forecasts for 2020
The developments in the area of cybersecurity are alarming. As the number of smart devices in private households increases, so do the opportunities for cyber criminals to attack, TÜV Rheinland reveals. Uncontrolled access to personal data undermines confidence in the digital society. The logistics industry and private vehicles are increasingly being targeted by hackers. “From…
Cryptocurrency crime losses more than double to $4.5 billion in 2019
Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The lion’s share of those losses stem from the staggering growth of Ponzi schemes, exit scams, and misappropriation of funds crimes, the value of which rose 533 percent year over year….
Security pros anticipate automation will reduce IT security headcount, but not replace human expertise
The majority of companies (77 percent) continue to use or plan to use automation in the next three years, according to a Ponemon Institute and DomainTools survey. The biggest takeaway in this year’s study is that 51 percent of respondents now believe that automation will decrease headcount in the IT security function, an increase from…
Credential exposure report: Poor password habits still pose a serious threat
9,050,064,764 credentials have been recovered throughout 2019 which came from a total of 640 unique data breaches and include email addresses connected to plaintext passwords and usernames with plaintext passwords, SpyCloud reveals. That means, on average, each of these data breaches gave criminals more than 14 million sets of login credentials. Because people often reuse…
In 2019, a total of 7,098 reported breaches exposed 15.1 billion records
In 2019 the total number of records exposed increased by 284% compared to 2018, according to Risk Based Security. 2019 saw an increase in reported breaches In total, there were over 15.1 billion records exposed shattering industry projections. There were 7,098 breaches reported in 2019, a 1% increase on 2018, though the gap is anticipated…
43% of cloud databases are currently unencrypted
Palo Alto Networks released research showing how vulnerabilities in the development of cloud infrastructure are creating significant security risks. The Unit 42 Cloud Threat Report: Spring 2020 investigates why cloud misconfigurations happen so frequently. It finds that as organizations move to automate more of their cloud infrastructure build processes, they are adopting and creating new…