Top Five Data Breaches of Summer 2018

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It seems that 2.6 billion records were exposed in the first half of 2018. Just to provide context, remember that there are less than 3 times that many people alive on the planet. Obviously, those records don’t represent unique users, but it goes to show the sheer scope of the problem.

And it is an expensive problem. In the U.S. the average price tag swells to $7.91 million per breach, with an average clean up time ...

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Top five IT security threats AND what you can do about them

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The job of a security administrator is far more complex today than ever. Plethoras of attacks attempt to blow down your corporate doors on a daily basis. Below, we’ve outlined today’s most prevalent attacks, and provided some expert advice on how to prevent being their next victim.

 

Malware and targeted attacks

Malware has moved a long way from the viruses and worms of the 1990s, becoming ever more crafted to target specific businesses or sectors, to steal ...

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Supply Chain attacks: 80% of senior IT professionals say it’s fastest growing cyberthreat

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Earlier this year, we wrote about supply chain risk, warning organizations to be more wary, especially since GDPR has come into full effect. That said, GDPR is by no means the only privacy regulation out there (consider Massachusetts’ CMR 17.00  or California’s 2018 Consumer Privacy Act. No longer can we assume little to no liability when it comes to third party processing or handling of sensitive data.

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Cryptomining overtakes Ransomware as leading malware and cause of headaches for IT

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According to experts, current crypto value is said to reach one trillion dollars this year. With an estimated five-to-ten million active wallets.

Take Statista, who reports the price of Bitcoin experienced an increase from about 371 U.S. dollars in January 2016 to over 13 thousand by December 2017. Also, market capitalization of Bitcoin rose from $0.04 billion in Q1 2012 to over $230 billion in Q4 2017.

Many of us would be lying if we said we hadn’t at least thought ...

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U.S. and China trade wars: What’s the likely impact on information security?

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Image courtesy of the Los Angeles Daily News

The U.S. political landscape is shifting dramatically, and no one knows what this shake out will uncover. For better or worse, it is certainly rocking the boat for U.S. residents, but changes are afoot for other global entities as well.

One of these entities is China.

According to media reports as recent as yesterday, China says it is “fully prepared” for a trade war with the U.S.

This coming ...

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Cryptomining – How Prevalent Is It And How To Stop It

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One of the recent additions to the cyber threat landscape plaguing many organizations is the introduction of Crypto Miners. Due to the rise in popularity of Cryptocurrency, attackers have been shifting their attention and focus on gaining access to as many resources as they can find. The end goal of these attacks is to utilize the victim’s CPU to mine Cryptocurrency. To gain access to these resources the attackers are cycling in and out the latest and most popular exploitable ...

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Some useful advice for newly-appointed CIOs and CISOs

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For the newly appointed CIO or CISO, being hit with an unexpected information security disaster is like a bone-crushing punch in the face.

Not only do you have to think on your feet and make decisions confidently and swiftly, but if you are still unfamiliar with the internal environment, you are swimming in dangerous waters: make the wrong call, and risk screwing up some essential service delivery or upsetting customers and shareholders. Each system, security policy, management team, staff ...

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Blockchain – not just for cryptocurrencies, and not guaranteed secure

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Blockchain continues to be widely promoted as a panacea set to revolutionize the internet, cut out all manner of middle-men and lead us to a new, simpler, safer world.

In the minds of most everyday folks (at least, those who are aware of it at all), it remains closely tied to Bitcoin and other cryptocurrencies, while even those who have heard about its wider applications tend to consider it super-secure by default.

But both these assumptions are on very shaky ground: it ...

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Yes, the passwords users choose *really* matters

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Earlier this month, we celebrated that little-known tribute day known as World Password Day.

Responsible security organizations should use this opportunity to share best practice advice to help people understand just how darn easy it is for fraudsters to cause havoc if they can access privileged accounts authorized to change, edit and delete files, settings, apps or data.

Sadly, it seems that it is also a day where marketing people, who might be less au fait with cybersecurity, ...

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Vulnerability Assessment, Penetration Testing and Red Teams Explained

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Confused about vulnerability testing and penetration tests and Red teams? I’m not surprised one bit.

These days, a growing number of information security experts use these terms interchangeably, as though they refer to the same thing. Whether it is due to apathy or a clear lack of understanding of the differences between these activities, security service providers are only confusing the matter by not informing their customers of what they get with each of these services. ...

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