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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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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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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Meet CIS RAM: the new balanced infosecurity framework

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Applications, devices, technology and service provisioning are the bread and butter of IT, but any information security professional knows that risk management is equally important.

There is no point in an IT advisor implementing a service if it poses too much risk to the organization. This is why, for example, many companies prevent  access to social media sites – the benefits of access does not outweigh the risk.

Information Security professionals  have a duty ...

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The truth about managing Supply Chain risk? It’ not easy

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Ahhh the joys of supply chain risk management. It is a complex beast with many heads, each focusing on the problem from a different operational standpoint.

The goal is of course to build and maintain a resilient system of checks and balances so your organisation’s supply chain is healthy and operating at an acceptable level of risk.

If this sounds easy to you, I am willing to bet you’re a theoretical expert.

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Cybersecurity budget: CISO advice for getting your Board of Directors to take notice

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There are many CISOs and CSOs out there hiding their proverbial sweaty palms.

They’re stressed out, worried that it is just a matter of time before their network gets caught up in some embarrassing data debacle – perhaps it will be ransomware, or a targeted attack or an insider leak.

And they know they will then truly be in the hot seat.

Thing is, for many, it is a fingers-crossed game, because ...

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