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!
The New York Times reported that the “strategic rationale for a deal is largely to cut costs for two companies struggling to navigate the accelerating erosion of the traditional printing business. Analysts estimate that the savings from a merger could be $1.5 billion a year or more.” The November…
The Dallasnews.com reported that Whinstone (with data facilities in the Netherlands, Sweden, and Louisiana) “says it will build the world’s largest bitcoin mining facility in Milam County …The 100-acre data center project is set to start this month in the town of Rockdale. The $150 million project is expected to…
Continue Reading World’s Largest Bitcoin Mining Facility to be Built in Milam County, Texas!
