Greg van der Gaast, head of information security at the University of Salford in the United Kingdom, has strong opinions on why some security investments aren't reaping maximum benefits. "We are addressing problems too far downstream," he says.
The Evil Corp cybercrime group, originally known for the Dridex banking Trojan, is now using new ransomware called WastedLocker, demanding ransom payments of $500,000 to $1 million, according to security researchers at NCC Group's Fox-IT.
Many ransomware gangs hell-bent on seeing a criminal payday have now added data exfiltration to their shakedown arsenal. Gangs' extortion play: Pay us, or we'll dump stolen data. One massive takeaway is that increasingly, ransomware outbreaks also are data breaches, thus triggering breach notification rules.
Enterprises need to move away from manual threat detection methods to leverage artificial intelligence, which can help boost defenses, says Dr. Jassim Haji, president of Artificial Intelligence Society, Bahrain Chapter.
Fraudsters are now deploying the IcedID banking Trojan via phishing campaigns that use the COVID-19 pandemic as one of several lures, according to Juniper Threat Labs.
The recent leak of 269 GB of sensitive data from more than 200 police departments and the FBI could be a sign that law enforcement agencies are becoming a prime target for hackers, given recent civil unrest.
Integrating IoT devices into OT systems brings a raft of security concerns. Microsoft's acquisition of CyberX, which offers a specialized IoT/OT security platform, may give some organizations more confidence to tackle what can be a messy business of securing and monitoring IoT controls across a network.
As a result of the rapid move to a remote workforce, now is a golden opportunity to refine cybersecurity approaches - especially for the cloud, says Christian Toon, CISO at the international law firm, Pinsent Masons.
Hackers wielding Nefilim ransomware are targeting unpatched or poorly secured Citrix remote-access technology, then stealing data, unleashing crypto-locking malware and threatening to dump data to try to force payment, New Zealand's national computer emergency response team warns.
France's top court has upheld a $56 million fine against Google for violating the EU's General Data Protection Regulation with its advertising personalization model that lacked adequate user consent measures. The fine is the biggest yet for a GDPR privacy policy violation.
If you've managed to equip your home with smart devices and appliances that work properly, you probably think you're all set. But there are no regulations around how long manufacturers must provide security updates, which could mean a smart device could become a risk.
Zoom will begin beta testing an end-to-end encryption feature in July that it plans to make available at no charge to all who use the paid or free version of its teleconference platform. It's also rolling out other new security features.
Many ethical hackers and other security professionals, such as penetration testers, have weaponized cloud platforms to host online attack infrastructure or have used the platforms to conduct reconnaissance, according security researchers at Texas Tech University.
Organizations deploying deception technology must make sure to integrate it with other technologies to reap the full benefits of intrusion alerts, says Anuj Tewari, global CISO at IT Services HCL Technologies.
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