Coindesk.com reported comments from futurist David L. Shrier who stated that “2019 saw possibly $200 million or more stolen from various exchanges, and perhaps more unreported hacks occurred as well. I am hopeful that 2020 will see better cyber-hygiene and cyber-practices.” The December 23, 2019 article entitled “2020…
Continue Reading Cybersecurity is one of the 7 trends for Blockchain in 2020
Darkreading.com reported that the City of New Orleans did not receive a Ransomware demand on December 13 and all data can be recovered, but “…officials took roughly 4,000 computers offline and are in the process of cleaning them up and investigating them. New Orleans’ Fire Department, Police Department, and Emergency…
Some estimates are that there are more than 9 billion IoT devices, so the Darkingreading.com report is very disturbing that “Designers of IoT devices need to pay closer attention to the encryption available on their devices.” The December 16, 2019 report entitled “Weak Crypto Practice Undermining IoT Device Security&rdquo…
Continue Reading Security of BILLIONS of IoT devices are at risk because of weak crypto practices!
Darkreading.com reported about VMWare Carbon Black’s “…new analysis of threat data suggests retailers will experience a 20% increase in attempted cyberattacks this holiday shopping season…” The December 12, 2019 report entitled “Cyberattacks on Retailers Could Increase 20% this Holiday Season” included these comments from Carbon Black from a…
Continue Reading Bad Holiday Season News! Estimates of an increase of Cyberattacks 20%!
HelpNetSecurity.com reported that “Cryptojacking is a breach where malware is installed on a device connected to the internet (anything from a phone, to a gaming console, to an organization’s servers). Once installed, the malware uses the hijacked computing power to “mine” cryptocurrency without the user’s knowledge.” The December 6, …
Continue Reading Cybercriminals are innovative – so watch out for Cryptojacking!
The US Department of Justice announced a $5 million reward for Maksim Yakubets who “…allegedly has engaged in a decade-long cybercrime spree that deployed two of the most damaging pieces of financial malware ever used and resulted in tens of millions of dollars of losses to victims worldwide” and “Igor…
Continue Reading 2 Russian Cybercriminals are charged with stealing Tens of Millions!
Jupiter Research reported that “Using blockchain and IoT tracking technology to trace the journey food takes from farms to grocery store shelves will “revolutionize” the food industry, reducing retailers’ costs by streamlining supply chains and simplifying regulatory compliance.” The November 25, 2019 report entitled “Blockchain to Save the…
Continue Reading $31 Billion Can Be Saved in 5 Years Using a Blockchain/IoT Combo!
The FBI Internet Crime Complaint Center (IC3) announced “Domestic and international exposed dollar loss: $26,201,775,589 “ by BEC/EAC which “…is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests…. The scam is not always associated with a transfer-of-funds request. One variation involves compromising legitimate business…
HelpNetSecurity.com reported that Julie Brill (Microsoft chief privacy officer) said “Under CCPA, companies must be transparent about data collection and use, and provide people with the option to prevent their personal information from being sold. Exactly what will be required under CCPA to accomplish these goals is still developing. …
Continue Reading Will Other Tech Companies Join Microsoft in Honoring CCPA Across the U.S.?
Darkreading.com published an article that many …”organizations don’t properly understand the cloud identity and access management layer and often fail to secure it.” The November 11, 2019 article entitled “Researchers Find New Approach to Attacking Cloud Infrastructure” included these comments:
A new attack vector exists in cloud providers’…
Continue Reading New Cyberattacks are Directed at Public Cloud Infrastructure!
