The need for cybersecurity in the financial services industry has never been greater. Financial Institutions (FIs) have been and will continue to be the subject of cyberattacks by adversaries of all varieties. The old adage “why do you rob banks....because that’s where the money is” holds in this domain as well. In 2019, 86 percent of breaches were financially motivated, and the records exposed in all breaches increased by 284 percent. And if that’s not enough for FIs to worry about, consider that the average cost of a breach as disclosed by public firms in 2019 was $116 million. Given the magnitude of this issue, these are the top trends seen in cybersecurity this year.
vpnMentor’s research team recently received a report from an anonymous ethical hacker about a massive data leak exposing users of over 70 adult dating and e-commerce websites from around the world.
The U.S. Department of Veterans Affairs (VA) Office of Management announced a data breach involving the personal information of approximately 46,000 Veterans.
The vast majority (83%) of C-level executives expect the changes they made in the areas of people, processes, and applications as a response to the COVID-19 pandemic to become permanent (whether significant or partial), according to data from a new report published today by Radware, a provider of cyber security and application delivery solutions.
Ransomware attacks are on the rise – and they are getting more and more sophisticated and destructive. That is bad news for executives struggling to maintain a high level of cybersecurity even as their organizations continue to cope with the massive impact of a pandemic.
Eric Cardwell has been named Axio's Director of Cyber Risk Engineering. Mr. Cardwell will be responsible for addressing cyber risk requirements for industry clients, identifying government and trade association contracts, and driving innovation in the advancement of security and financial controls across the energy and utilities sector.
What are the expectations, technical implementations, and challenges of using cloud security access brokers (CASB)? Cloud Security Alliance's latest study reveal unrealized gaps between the rate of implementation or operation and the effective use of the capabilities within the enterprise.
Today, Zero Trust is the subject of much discussion and debate; for instance, is Zero Trust doable in reality or more so in theory?
As many are aware, Zero Trust is a concept that deems everyone (employees, freelancers and vendors) and everything (datacenters, applications and devices) must be verified before being allowed into a network perimeter – whether they are on the inside or the outside of an organization.
The Fourth District Court of Louisiana has been hit by ransomware. Hacking group/ransomware strain Conti has claimed the attack on the US Court, and published apparent proof of the attack on its dark web page this week, CBR reports.
The Cybersecurity and Infrastructure Security Agency (CISA), in partnership with the Election Assistance Commission (EAC), released the Election Risk Profile Tool, a user-friendly assessment tool to equip election officials and federal agencies in prioritizing and managing cybersecurity risks to the Election Infrastructure Subsector.
