The massive shift to remote working as a result of the COVID-19 pandemic means more organizations are adopting the "zero trust" model, taking such steps as implementing proper access controls, monitoring user behavior and building data governance policies.
Australian shipping giant Toll Group recently suffered its second ransomware outbreak of the year, with Thomas Knudsen, the company's managing director, branding the latest attack as being "serious and regrettable." But was it preventable?
Attacks targeting cloud-based data nearly doubled in 2019 as companies shifted more of their valuable information off-premises and misconfigurations and other issues made it more vulnerable, according to the 2020 Verizon Data Breach Investigations Report. Observers expect the trend to continue this year.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about surging COVID-19 themed scams and other "illicit activities," ranging from fraud involving the sale of fake cures, tests and vaccines to price gouging for supplies.
Although FBI technicians were able to gain access to data in two iPhones belonging to a Saudi national who killed three U.S. sailors at a military base in Pensacola, Florida, the Justice Department continues to criticize Apple's refusal to offer law enforcement a backdoor to its encrypted devices.
Business and security leaders accept that a hybrid workforce is the new norm - some staff members based in a central office and many others permanently working at home. But what new cybersecurity demands does this strategy present short-term and into 2021? Our expert panel shares insights.
European budget airline EasyJet says it suffered a data breach that exposed 9 million customers' personal details. While no passport details were exposed, the company's ongoing investigation has also found that attackers "accessed" a small number - just 2,208 - of customers' payment card details.
Fraudsters are now using numerous spoofed website templates with COVID-19 themes as part of phishing attacks designed to steal login credentials and banking data, according to Proofpoint.
Mphasis, the IT service management company, has made many adjustments to its risk management strategy - including wider use of multifactor authentication - as a result of more staff members working from home, says Sethu S. Raman, senior vice president and chief risk officer.
Cryptocurrency-mining hackers appear to be behind a recent spate of supercomputer and high-performance computing system intrusions. But it's unclear if attackers might also have had data-stealing or espionage intentions.
Third-party risk management is a bigger challenge than ever during the COVID-19 crisis because so many organizations are relying on vendors for essential services, according to a panel of experts.
Covve Visual Network Ltd., a Cyprus-based app developer, acknowledges that it's the owner of 90GB of data - including tens of millions of records - that apparently was left exposed on an open Elasticsearch database. A portion of the data was posted on a forum for trading data leaks.
Besides hospitals and academic institutions, dozens of nonprofits, including nongovernmental organizations - or NGOs - around the world must protect their COVID-19 research and related activities from those seeking to steal data or disrupt their operations, says cyber risk management expert Stanley Mierzwa.
The operators of the REvil ransomware strain are attempting to ratchet up pressure on a New York law firm to pay a $42 million ransom, threatening to release more data on the firm's roster of celebrity clients. So far, the REvil gang has released about 2 GB of legal information related to Lady Gaga.
More ransomware-wielding gangs are not just crypto-locking victims' systems, but also stealing and threatening to leak data unless they get their demanded bitcoin ransom payoff. A growing number of security experts believe the strategy is leading more victims to pay.
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