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Yahoo Finance: Cybersecurity Ventures predicts global cybercrime costs will grow by 15 percent per year over the next five years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015. This prediction is part of a special report conducted by Cybersecurity Ventures and sponsored by INTRUSION, Inc.
Reuters: Canada on Wednesday identified state-sponsored programs in China, Russia, Iran and North Korea as major cyber crime threats for the first time, and said it feared foreign actors could try to disrupt power supplies.
Investment Week: The worm damaged about 6,000 computers, representing - at the time - roughly 10% of the entire internet. Over the ensuing decades, computing and connectivity would become even more ubiquitous, as how we work and play increasingly went online; and where, the combination of chips and sensors would become the very fabric of our how we live our lives.
Forbes: How each cybersecurity CEO responds to the challenges of keeping employees safe, customers secure and product release cycles on schedule while still achieving customer success – all virtually – provide valuable insights into leading a company during difficult times. Simon Biddiscombe, CEO of MobileIron, exemplifies the empathy all CEOs interviewed have for their employees' welfare. "My first priority when the pandemic hit was to protect the health and safety of our employees, yet still maintain an "always-on business" for our customers," Simon mentioned during a recent interview.
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.
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