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Security Magazine: Eighty percent of companies say that an increased cybersecurity risk caused by human factors has posed a challenge during the COVID-19 pandemic, particularly in times of heightened stress. This is according to Cyberchology: The Human Element, a new report that explores the role employees and their personality play in keeping organisations safe from cyber threats.
TechRepublic: The coronavirus pandemic has impacted the world on so many levels, and that includes the realm of cybercrime. Criminals have focused their efforts on malicious campaigns designed to exploit the virus and its ramifications. As COVID-19 continues to threaten the world, these types of attacks are expected to persist, according to cyber threat intelligence provider Check Point Research. In a report released titled Securing the 'next normal, Check Point discussed its 2021 predictions in the face of the pandemic.
ZDNet: Upon request from the government of Brazil, US law enforcement participated in "Operation Egypto," a Brazilian federal investigation into the suspected scam, the US Department of Justice (DoJ) said.
Cision: Owing to technological advancements, the world today is living in a digital era and the adoption of cloud solutions has increased significantly. While digitalization has numerous benefits, it has also resulted in the rise in number of cyber-attacks across the globe. Hackers are increasingly breaching personal data of people, including credit card numbers, social security number, email addresses, and passwords. Attributed to this, the need for cyber insurance has been growing substantially as well.
Dark Reading: The COVID-19 pandemic and the newly distributed workforce that it engendered upended security strategies and forced a rethink of approaches to securing remote workers and supply chains at many companies.
Dark Reading: Humans are good at some things, like eating too many potato chips or getting annoying songs stuck in their heads. They're not so good at choosing edible wild mushrooms by appearance, for example, nor are they good at choosing strong, safe passwords. Unfortunately, that last item has some serious repercussions in the cybersecurity world.
IT-Online: According to the World Economic Forum, cybercrime damages are projected to reach $6-trillion in 2021, which would equal the GDP of the world’s third largest economy. Spending by enterprises on cybersecurity is continuing to grow, defying the pandemic-driven economic downturn impacting global IT spending.
Forbes: Data has often been called the most valuable commodity of the digital world or the most valuable resource (paywall) in the world. In modern economics, it has perhaps surpassed the traditional worth of gold. Some have even gone on to suggest that it is as real an asset as land is, and perhaps even a more profitable factor for production in terms of revenue potential.
KnowBe4: Mid-level managers need to be particularly wary of targeted phishing attacks, according to Jenn Gast at INKY. Gast explains that criminals can easily conduct open-source research on a company’s organizational structure and craft spear phishing messages to trick its employees.
Security Magazine: Financial services institutions and banks around the globe face monumental challenges as they look to streamline service delivery for customer transactions, manage multi-party loan processes, collaborate on industry benchmarks and indices, and eliminate fraud and cybercrime.
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