The average ransom paid by victims to ransomware attackers reached $111,605 in the first quarter of this year, up 33% from the previous quarter, reports ransomware incident response firm Coveware, which sees the Sodinokibi, Ryuk and Phobos malware families continuing to dominate.
The number of brute-force attacks targeting RDP connections has spiked since the COVID-19 pandemic forced employees all over the world to work at home, according to an analysis from security firm. These types of attacks can lead to malware infections, cyber espionage and other threats.
With most employees working at home during the COVID-19 pandemic, it's more important than ever for businesses to ensure that their third-party providers have adequate business continuity plans in place to ensure uninterrupted service, says Srilanka-based Sujit Christy, global CISO at John Keells Holdings.
Many attackers continue to camp out in networks for months, conducting reconnaissance and stealing sensitive data before unleashing ransomware. Experts say many recent efforts trace to gangs wielding the RobbinHood, Valet Loader, NetWalker, PonyFinal, Maze and Sodinokibi strains of crypto-locking malware.
Before COVID-19, the privacy discussion this year was mainly about the California Consumer Privacy Act. Now it's about healthcare data sharing, contact tracing and monitoring remote workers. Omer Tene of the IAPP discusses the pandemic's influence on global privacy concerns.
What should an enterprise do when someone reaches out and claims to have the company's data or information about a breach? Although it can be a delicate situation to manage, there are sound approaches enterprises can take, says data breach expert Troy Hunt.
Four CISOs, two CEOs, one global crisis. These are the ingredients for an exclusive panel discussion on how enterprises have emerged from the cybersecurity challenges of COVID-19 and how they are building the foundation for an entirely new way to live and work post-pandemic.
Because the COVID-19 pandemic had led to more employees working from home, cloud services have become indispensable, but the pressure is on organizations to ensure security, says Jim Reavis, CEO of the Cloud Security Alliance.
Somewhat lost in the COVID-19 pandemic and remote workforce issues: 5G technology deployment. Olivera Zatezalo, CSO of Huawei Technologies Canada, discusses cybersecurity and privacy challenges - and Huawei's role in addressing them.
Apple and Google have promised to help facilitate contact-tracing apps, but they've rejected calls to give users' location data to governments, as the U.K., France and some U.S. states are demanding. In response, Germany is among those now backing a privacy-preserving, decentralized model.
Nearly 10 months after Facebook and the FTC agreed to a record-setting $5 billion settlement over misuse of user data, a federal judge has finally signed off on the deal, while questioning the adequacy of laws governing major technology firms.
As a result of the COVID-19 crisis, consumers have changed the way they pay for goods and services. Trevor Forbes of The Strawhecker Group shares the results of a new survey that spotlights the latest trends. And he discusses the implications for fighting fraud.