Global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals.
5G, as often happens with new technologies, will likely introduce both digital and business revolution along with a plethora of new threat vectors. In particular with the exposure of new connected devices, industries and services, and sensitive assets will undoubtedly be affected by new cyber threat agents; the EU, however, is ready to mitigate these potential threats.
Peloton’s leaky API has allowed any hacker to obtain any user’s account data — even if that user had set their profile to private.
The vulnerability, which was discovered by security research firm Pen Test Partners, allowed requests to go through for Peloton user account data without checking to make sure the request was authenticated. As a result, the exposed API could let anyone access any Peloton user’s age, gender, city, weight, workout stats, and birthday.
SecureLink and Ponemon Institute today released a new report titled “A Crisis in Third-party Remote Access Security”, revealing the alarming disconnect between an organization’s perceived third-party access threat and the security measures it employees.
Thursday, May 6 is World Password Day, a day dedicated to promoting safer password practices. Strong password management has been especially important as cyberattacks have skyrocketed since the onset of the pandemic and the switch to remote work. Here, security executives share their insight and tips on how to create and promote safer password practices in the enterprise and among employees.
Lookout, Inc. released a report showing that mobile phishing exposure doubled among financial services and insurance organizations between 2019 and 2020. The Lookout Financial Services Threat Report illustrates that these organizations were not immune to mobile phishing despite an increased adoption of mobile device management (MDM).
Digital Shadows released new research into the movement of cybercriminal marketplaces with a feature on Genesis market. According to the Digital Shadows Photon Research Team, Genesis is a high-profile and trusted repository of digital fingerprints that has grown in popularity since it was launched in beta in 2017. In 2020, Genesis commanded 65% of mentions across criminal forums for fingerprinting services. While other markets have come and gone, Genesis continues to endure and has grown year-on-year. In the last two months alone, more than 5,000 new listings have been added to Genesis, bringing the total number of listings to more than 350,000.
While a number of useful countermeasures are being taken across corporate boards, progress remains relatively slow in the face of borderline existential threats. Not so long ago, companies thought of cybersecurity as a technology problem to be overseen by the chief security officer or the chief information officer, or as a compliance issue to be managed with audit functions. Today, thankfully, a more holistic, proactive and analytical approach is generally taken. There is more security training and better hygiene and most boards now count a seasoned CISO as one of their directors.
