MIT Sloan Management Review reported that the dark web hosts various “…CAaaS marketplaces and forums that cater to a criminal ilk of technologists and businesspeople….[on] the dark web to develop and sell the components needed to launch an attack as well as offer expertise and other services needed to…
Continue Reading Cyberattack-as-a-service (CAaaS) on the Dark Web, are you surprised?
RiskIQ reported that it “tapped proprietary global intelligence and third-party research to analyze the volume of malicious activity on the internet, revealing that cybercriminals cost the global economy $2.9 million every minute last year, a total of $1.5 trillion.” The July 24, 2019 report entitled “In Just One…
McKinsey & Company reported that “fundamental tensions arise between the business’s need to digitize and the cybersecurity team’s responsibility to protect the organization, its employees, and its customers within existing cyber operating models and practices.” The July 2019 report entitled “Cybersecurity: Linchpin of the digital enterprise” included these…
Continue Reading Cybersecurity is fundamental to successful digital enterprises!
HelpNetSecurity.com reported that the Bitglass Report: Guardians of the Cloud revealed that “the adoption rates of basic cloud security tools and practices are still far too low.” The July 18, 2019 report entitled “Adoption rates of basic cloud security tools and practices still far too low” included these…
Continue Reading Cloud security inadequate for Cyber threats, are you surprised?
Helpnetsecurity.com reported that the “financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that overall breaches and exposed records were down in 2018.” The July 11, 2019 report entitled “More than 2 million…
Continue Reading $45 BILLION was the cost of Cyber incidents in 2018!
Reuters reported that “Lloyd’s of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused by a cyber attack, saying this was in the best interest of both brokers and customers.” The July 4, 2019 article entitled “Lloyd’s of London…
HelpNetSecurity.com reported “Unauthorized access through misuse of employee credentials and improper access controls (42 percent) takes the number one spot in this year’s survey as the single biggest perceived vulnerability to cloud security, tied with insecure interfaces and APIs (42 percent). This is followed by cloud misconfigurations (40 percent).” The…
Darkreading.com reported on FireEye’s “Email Threat Report – Q1 2019” that “FireEye recently analyzed a sample set of 1.3 billion emails for the first three months of 2019 and counted more URL-based email attacks than attachment-based ones in the first quarter…. [and] observed a troubling 26% quarter-over-quarter increase…
Continue Reading 26% increase in malicious URLs in emails and no attachments in Q1 2019!
Darkreading.com reported on a KPMG study about how “CEOs are increasingly paying attention to cybersecurity risks as a part of their overall technology risk profile. In 2018, according to KPMG, just 15% of US CEOs agreed that strong cybersecurity is critical to engender trust with key stakeholders; that percentage shot…
Continue Reading No surprise – 72% of CEOs agree that Cybersecurity is critical!
Darkreading.com reported that “A machine learning model is only as good as the instructions it is given….. As a result, solutions that enable fraud experts, instead of data scientists, to input the initial correlations will deliver results faster in terms of identifying new correlations across different data sets as they’re…
