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ITProPortal: The company that sells services related to data management claims to have polled 1,000 workers, coming to the conclusion that more than a third (37 per cent) expect both the number and value of fines to rise by 2025. Furthermore, six per cent expect a “dramatic rise”, while just three per cent expect the figures to fall.
ZDNet: Security researchers have revealed the anatomy of a ransomware attack, showing how cyber criminals gained access to a network and deployed ransomware -- all in the space of just two weeks.
ZDNet: IBM released the results of a global survey, conducted by the Ponemon Institute and featuring responses from over 3,400 security and IT staff worldwide. The research suggests that while investment and planning are on the uptake, effectiveness is not on the same incline, with response efforts hindered by complexity caused by fragmented toolsets.
Coin Telegraph: Fraudulent websites successfully have stolen the personal records of a number of individuals from the United Kingdom, Australia, South Africa, the United States, Singapore, Malaysia, Spain and more. The attack was executed as a targeted multistage Bitcoin (BTC) scam propagated by a number of fraudulent websites.
Nasdaq: Cybersecurity has been a hot theme this year, suddenly taking new importance in an economy that’s had workers everywhere working from home, logging into systems outside of offices, many for the first time.
TECHERATI: One in six firms met the demands of hackers last year by paying out ransoms, according to the “chilling” findings of a report on cyber crime. The annual Hiscox Cyber Readiness Report revealed that 6 percent of the 5,569 firms polled – and one in six of those attacked – had surrendered by paying a ransom following a cyber attack.
ZDNet: CIOs are under more pressure than ever before when it comes to cybersecurity concerns, especially now that many or even all of the staff in their organisation are working from home, perhaps using unfamiliar software and hardware as they try to do their jobs on lockdown.
ZDNet: The coronavirus pandemic has forced both employers and employees to quickly adjust to remote working – and, often without the watchful eyes of IT and information security teams, workers are taking more risks online and with data than they would at the office.
CNN Business: A desire to steal money continues to be the leading motivator behind cyber attacks, according to Verizon's annual Data Breach Investigations Report.
Financial News: The Covid-19 crisis has been a major headache for the asset management sector — most investment houses have bled heavy outflows and seen revenues plunge as investors wait out the turmoil.
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