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Institutional Asset Manager: The survey showed that just over a third of those responding to the survey have suffered a breach in the last twelve months, with almost half of such breaches reported to the Information Commissioners Office.
Yahoo Finance: Researcher John Kindervag published a paper about a decade ago that argued administrators of sensitive computer networks shouldn’t trust anyone on their networks, regardless of their title.
ZDNet: Cyber criminals are sending over three billion emails a day as part of phishing attacks designed to look like they come from trusted senders.
IT Web: It goes without saying that the COVID-19 pandemic has been the driver of a massive increase in remote working. This can, in many ways, be viewed as a win-win situation for companies and staff. After all, employees save commuting time while enjoying added flexibility and greater productivity. Meanwhile, organisations reduce both costs and turnover rates.
Cision: Infosys, a global leader in next-generation digital services and consulting, and Interbrand, a global brand consultancy firm, today revealed that the potential risk in brand value of a data breach to the world's 100 most valuable brands could amount to as much as $223b, according to a joint cybersecurity and brand value impact report launched.
We Live Security: Companies operating in the financial services industry aren’t by any means strangers to being targeted by various forms of financial crimes and fraud. However, over time, the playing field has changed and threat actors have adapted their tactics to better suit the digital world. Cybercriminals now use different flavors of fraud and extortion as well as directly breach companies to line their pockets.
KnowBe4: 57% of phishing emails in 2020 were designed for stealing credentials, according to Cofense’s most recent Annual State of Phishing Report. Meanwhile, just 12% of phishing attacks last year were used for delivering malware. Cofense believes this is because credential phishing emails are better at bypassing email security filters than emails with malicious attachments or download links. Likewise, conversational phishing attacks, like business email compromise (BEC), have grown more popular.
Institutional Asset Manager: Data from the CrowdStrike Intelligence team reveals a surge in ransomware attacks during the pandemic, with data extortion becoming the most used attack method for all sectors – with 1,430 incidents reported globally in 2020.
Tech Radar: The world is facing a cybercrime pandemic, a new report on the Covid-19 security landscape suggests. According to research from security firm Check Point, more than 100,000 malicious websites are currently active each day, as well as 10,000 different malware strains.
Trend Micro: 2020 was the year that stymied organizations and tested their limits on many fronts. Incidents of great consequence, shifts to remote-work arrangements, and other significant changes from the familiar prompted a renewed awareness and reassessment in organizations. The challenges they encountered paved the way for adaptive and alternative solutions that took into account human as well as technological perspectives.
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