Average DDoS attack volumes grew by 194% in 12 months
The volume and complexity of DDoS attacks continued to grow in Europe during the final quarter of 2018, according to Link11. While Link11’s Security Operations Center (LSOC) registered 13,910 attacks in Q4 (12.7% down compared to Q3), the average attack volume grew by 8.7% to 5Gbps, and 59% of attacks used multiple attack vectors. Key…
Four differences between the GDPR and the CCPA
By passing the California Consumer Privacy Act (CCPA), which goes into effect on January 1, 2020, the Golden State is taking a major step in the protection of consumer data. The new law gives consumers insight into and control of their personal information collected online. This follows a growing number of privacy concerns around corporate…
eCommerce credit card fraud is nearly an inevitability
Riskified surveyed 5,000 US-based consumers aged 18 and older about their online shopping behaviors, experience with and prevalence of credit card fraud, repeat shopping likelihood and customer satisfaction to develop a full picture of how consumers react to a number of common shopping experiences. The results are worrisome for both consumers and merchants, as roughly…
The biggest cybersecurity challenge? Communicating threats internally
IT executives responsible for cybersecurity feel a lack of support from company leaders, and 33 percent feel completely isolated in their role, according to Trend Micro. IT teams are under significant pressure, with some of the challenges cited including prioritizing emerging threats (47 percent) and keeping track of a fractured security environment (43 percent). The…
Enterprises are struggling with cloud complexity and security
The rush to digital transformation is putting sensitive data at risk for organizations worldwide according to the 2019 Thales Data Threat Report – Global Edition with research and analysis from IDC. As organizations embrace new technologies, such as multi-cloud deployments, they are struggling to implement proper data security. “Our research shows that no organization is…
What steps consumers need to take to protect themselves online
Yesterday was Data Privacy Day, so McAfee warned consumers that cybercriminals are continuing to access personal information through weak passwords, phishing emails, connected things, malicious apps and unsecure Wi-Fi networks. Weak Passwords Consumers often pick simple passwords for the multiple accounts they use daily, not realizing that choosing weak passwords can open the door to…
Cybercriminals increasingly taking aim at businesses
2018 has been the year when cryptominers first dethroned ransomware as the most prevalent threat due to a meteoric spike in Bitcoin value in late 2017, then slowly trailed off when it began to nosedive. It’s also been the year of the mega breach (Facebook, Marriott, MyHeritage, Quora, etc.), the year when extortionists and sextortionists…
SSDP amplification attacks rose 639%
The Nexusguard Q3 2018 Threat Report has revealed the emergence of an extremely stealthy DDoS attack pattern targeting communications service providers (CSPs). This new vector exploits the large attack surface of ASN-level (autonomous system number) CSPs by spreading tiny attack traffic across hundreds of IP addresses to evade detection. The ongoing evolution of DDoS methods…
Cybercrime could cost companies trillions over the next five years
Companies globally could incur $5.2 trillion in additional costs and lost revenue over the next five years due to cyberattacks, as dependency on complex internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets, according to Accenture. Based on a survey of more than 1,700 CEOs and other C-suite executives around…
Risk managers see cybersecurity as the biggest threat to business
Sword GRC canvassed amost 150 risk managers from highly risk-aware organizations worldwide for their opinions. Overall, cybersecurity was seen as the biggest risk to business by a quarter of organizations. In the UK, Brexit and the resulting potential economic fall-out was cited as the biggest risk to business by 14% of risk managers. The most…