24 Oct 2019

FBI issues warning about e-skimming (Magecart) attacks

A recent article by the Federal Bureau of Investigation (FBI) highlights the threat of e-skimming attacks. This threat is also known as Magecart, an umbrella term for various criminal groups that attack websites with the aim of injecting them with “skimming” malware designed to steal the payment card information of

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24 Oct 2019

10% of Small Businesses Breached Shut Down in 2019

A new report by the National Cyber Security Alliance and Zogby Analytics sheds light on the state of cybersecurity in small businesses. 88% of small firms in the survey said they were a somewhat likely or likely target for cyber campaigns, yet only 62% considered security to be among their

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23 Oct 2019

Outdated OSs Still Present in Many Industrial Organizations: Report

Systems running outdated Windows versions are present on 62% of industrial networks, although that number is 71% if Windows 7 is taken into account, a new report by CyberX shows. Microsoft will stop supporting Windows 7 in January of next year. Suspicious activity was detected on 22% of networks. Examples

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23 Oct 2019

How Much Security Is Enough? Practitioners Weigh In

84% of IT decision-makers lack the financial resources needed to achieve a minimum level of security for their organization and 94% believe more work needs to be done to improve the security practices in their firm, a recent Cisco survey found. 56% of organizations have suffered a significant security incident

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22 Oct 2019

How the under 30s expect new approaches to cybersecurity

A new report by NTT shows that employees under 30 pose a bigger risk security risk to companies than older workers because they are less inclined to follow cybersecurity best practices. When compared to employees aged 30-45 and 46-60, under-30s tend to be less concerned about the security implications of

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21 Oct 2019

Spending on security hardware, software, and services continues to increase

A new report by IDC projects that worldwide spending on security hardware, software and services will grow from $106.6 billion this year to $151.2 billion in 2023. During the period, the compound annual growth will be around 9.4%. Frank Dickson of IDC said that “the market for cybersecurity products continues to

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17 Oct 2019

Executives are not actively engaged in ensuring the effectiveness of cybersecurity strategy

A recent survey by AttackIQ and Ponemon Institute found that in most companies, the board of directors and the C-suite is not actively involved in the firm’s cybersecurity efforts. 63% of the questioned IT and IT security professionals indicated that the IT security decision makers in their organization do not regularly

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16 Oct 2019

How seriously are businesses taking their PKI security?

A new report by AppViewX reveals various common shortcomings in terms of public key infrastructure (PKI) management. Almost half (48%) of organizations are still using only passwords to protect their private keys and 5% even stored private keys in unsecured documents. Just 41% used encryption for extra security. Furthermore, 30% of

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15 Oct 2019

Most expect the risk of privileged user abuse to increase

A new study by Sila and Ponemon Institute found that 62% companies provide employees with user privileges they do not actually need in order to do their job. Moreover, 70% of North Americans believe that as a result of these shortcomings in privileged access management (PAM), employees in their organization

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15 Oct 2019

AI development has major security, privacy and ethical blind spots

A recent survey by O’Reilly sheds light on common risk blind spots of artificial intelligence (AI)/Machine learning (ML) developers. The most glaring oversight is security, with nearly three in four (73%) respondents acknowledging that they do not test their models for security flaws during development. Other issues that are commonly

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