Cybersecurity insights, compliance guides, and industry analysis from our experts.
Request ConsultationSmall and large enterprises continue to benefit from increased digitization and greater use of cloud-based application and storage facilities. Cloud services are making it possible for businesses to place their information and data in “containers” that can be deployed consistently and reliably.
ProtonMail, a Swiss-based email service provider, duped a sophisticated phishing scheme against a team of journalists from Bellingcat. The cybercriminals had written an email that claimed to be from the ProtonMail team and asked for their login credentials. While the motives appear to be political, ProtonMail prevented their success by partnering with Swiss authorities in shutting down the web domains involved. Should the phishers have succeeded, ProtonMail’s user interface (UI) would have been easy to bypass — no matter how cutting edge their system’s security is.
Ransomware has become one of the most pressing and expensive cybersecurity threats in recent years. According to Cybersecurity Ventures, a ransomware attack happens every 14 seconds, resulting in damage costs amounting up to $11.5 billion. These numbers are only predicted to increase the more daring cybercriminals become.
When hackers breach a database, they take advantage of weak or stolen passwords 81% of the time. This is what led Troy Hunt to publish a new version Pwned Passwords where people can verify if the password they typed in has been leaked in a previous data breach. The intention is there: businesses are not supposed to let their customers (or employees) use compromised passwords, especially those written in plain text. This begs the question: are passwords enough to secure companies when an actual breach happens?
As of July 2018, downloadable apps on the Apple App Store reached 3.2 million. Data shows that social media applications are the most frequently used, allowing people to connect — and download other supporting apps. As people spend more time on their mobile phones, programming and production of apps are growing exponentially. While developing these products increases visibility and brand value for companies, it is equally important that leaders heed security guidelines.
According to CA Technologies, 53% of the organizations they surveyed experienced an insider threat in the past 12 months and it is only growing in frequency. How can a company combat a threat when it’s coming from their own people?
As Russia welcomed the warmth of spring last March 2018, dozens of banks experienced a phishing attack from a hacker group called Silence. The sender of the email was disguised as FinCERT, Russian Central Bank’s security arm. The emails had attachments that claimed to help standardize digital communication across all banks. In reality, the files contained Silence’ downloader to exfiltrate important data.
The healthcare sector is developing more technologically advanced devices aimed at making healthcare more accurate and safer. While the goal is to accelerate the body’s capacity to heal, computer-hacking threats to these devices that millions of people depend on pose serious issues. It is also not a surprise why hackers are extremely interested in health record data; while social security number is worth 10 cents on the dark web, and credit card 25 cents, medical health record data could be worth hundreds or even thousands of dollars. This means trouble not only for healthcare providers but also the patients they help.
Humanity’s entrance into the Fourth Industrial Revolution has made exponential changes to how people relate with one another and with their technology. Data is easily uploaded and shared to other gadgets through high-speed Internet and Cloud storage. The increased use of these and other supply chain networks has also made files easier to access—and harder to protect.
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