Displaying items by tag: Cybersecurity

Insider threats are among the most dangerous cyberthreats out there. Yet, organizations of all sizes seem to be either reluctant or negligent when it comes to fighting them. Over 50 percent of organizations don’t have an Insider Risk Response Plan and 40 percent don’t assess how effectively their technologies mitigate insider threats.1 Even though 59 percent of IT security leaders expect insider risks to increase in the next two years, very little is being done to prevent them from causing serious security incidents.

Rapid technological advancement and rising global connectivity is reshaping the way the world is functioning. From higher productivity to improved customer satisfaction, technology has played a critical role in the growth of businesses across the world. However, the consequential bad news is that technological advancements have also made organizations increasingly vulnerable to digital risks. However, this does not mean that businesses must compromise on growth and advancement for the sake of security.

For the third year running, we’ve examined the year’s biggest cyber threats and ranked them to determine which ones are the absolute worst. Somewhat unsurprisingly, phishing and RDP-related breaches remain the top methods we’ve seen cybercriminals using to launch their attacks. Additionally, while new examples of malware and cybercriminal tactics crop up each day, plenty of the same old players, such as ransomware, continue to get upgrades and dominate the scene.

The speed, convenience and anonymity of the Internet are making cyber crime a fast-growing activity. One recent study found that one in every five Americans has had personal information stolen or an account compromised because of their online activities.Need a cyber crime definition or examples? In addition to online identity theft or financial fraud, types of cyber crimes can also include activities such as stalking, bullying, hacking, email spoofing, information piracy and forgery and intellectual property crime.

Every now and then, an email with a catchy subject line appears in your inbox and you end up clicking on it, either because you’re curious about the subject line or because you assume the sender is trustworthy. Unfortunately, this is how most cyberattacks tend to begin – with a single click. What unfolds next only puts your security and the security of your business in grave danger.

Zoom Video Communications has announced its enhanced Two-Factor Authentication (2FA), that makes it easier for admins and organizations to protect their users and prevent security breaches right from the platform. The Two-Factor Authentication identifies online users by requiring them to present two or more pieces of evidence, or credentials, that authenticate their ownership of the account, such as something the user knows (a password or pin), something the user owns (a smart card or mobile device), or something the user has (fingerprints, voice).

Ransomware attackers will attempt to locate your backups, steal the data from them, and then delete them. If you can prevent this, you can recover from an attack without giving in to blackmail.

A manufacturer of transit communication systems that pivoted to build ventilators during the COVID-19 pandemic is reportedly the latest victim of the DoppelPaymer ransomware gang. Boyce Technologies Inc., based in Long Island City, New York, was targeted by the ransomware gang, which has threatened to leak data stolen in the incident unless the company pays a ransom, according to the news site Cointelegraph.

LONDON (Reuters) - U.S. travel management firm CWT paid $4.5 million (3.4 million pounds) this week to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations seen by Reuters.

Major antivirus companies, banks, insurance providers, government agencies, large hotels, wineries, restaurants, airlines. Think of almost any kind of company and there’s a good chance a prolific, financially-motivated hacker known as Fxmsp has broken into it, or attempted to, according to a report released Tuesday. Dubbed the “invisible god of networks,” he’s a suspected male from Kazakhstan who claimed to have broken into 135 companies since his first appearance in 2017, according to the report. Group-IB, a security company that recently shifted operations from Russia to Singapore, estimated he’s made $1.5 million along the way, working with an unidentified accomplice known as Lampeduza to sell access to victim networks.