IBM selected six school districts to receive its IBM Education Security Preparedness Grant, which totals $3 million. The in-kind grant was created to help United States K-12 public school districts proactively prepare for and respond to cyberattacks.
Feedzai has announced its Quarterly Financial Crime Report, an analysis of over 12 billion global banking transactions from January – March 2021. The report identifies trends in spending and in fraud attempts to show that this past quarter, as consumer activities increased, fraudsters attempted to hide their fraudulent transactions in legitimate banking. In fact, combining all banking fraud – internet, telephone, and branch – attacks grew a whopping 159% in Q1 2021 compared to Q4 2020.
Checkout.com, cloud-based global payment solutions provider, announced the hire of J.P. Morgan cybersecurity expert and cloud evangelist Adrian Asher as Chief Information Security Officer (CISO) and head of cloud architecture.
To more effectively reduce risk and capitalize on the capabilities, intelligence and experience of both the corporate application security team and the product security team, John Scimone, Dell Technologies Chief Security Officer, recommends converging these programs. Once converged, the security organization will see immediate benefits. Here, Scimone explores why organizations should converge these teams and the benefits.
Threat actors are now not only encrypting critical business systems, but also backups. They’ve brought businesses to a standstill, leaving some non-operational and really, with no good options for recovery. In many cases, it’s been pay the ransom to obtain a decryption key — or go out of business.
Software intelligence company Dynatrace announced the findings of an independent global survey of 700 CISOs, which reveals the rising adoption of cloud-native architectures, DevOps, and agile methodologies has broken traditional approaches to application security. As organizations shift more responsibility "left" to developers to accelerate innovation, increasingly complex IT ecosystems and outdated security tooling can slow releases by leaving blind spots and forcing teams to manually triage countless alerts, many of which are false positives reflecting vulnerabilities in libraries that are not used in production.
Some opportunistic cybercriminals have taken advantage of the pandemic environment to breach both consumer and organizations’ data. These cybercriminals are using COVID-19-themed emails as an opportunity to unleash ransomware attacks on organizations and consumers. Here, we focus on Remote Workforce and Remote Learning as areas that cybercriminals will continue targeting in 2021 and beyond, and explore mitigation strategies that may help reduce cybersecurity risks related to these areas.
Galvanize announced new findings from a national survey of governance, risk, and compliance (GRC) professionals that position the 2020s as the decade when the GRC industry embraces advanced technology. The data uncovered a strong post-pandemic push toward the adoption of cloud-based technology and revealed the critical value GRC professionals bring to the C-suite, as well as the top concerns from, and the evolving role of, GRC professionals.
JBS USA - a global provider of diversified, food products, and leading processor of beef, pork and prepared foods in the U.S., Canada and Australia - has been the target of a cyberattack, affecting some of its servers supporting its North American and Australian IT systems.
Despite being over a year into remote working and looking ahead to likely shifts to hybrid remote/in-office working models, four fifths (82%) of businesses still remain concerned about the security risks of employees working remotely. This is just one of the key insights from the 2021 Thales Global Data Threat Report which reveals that managing security risks is undoubtedly getting more challenging, with nearly half (47%) of businesses seeing an increase in the volume, severity, and/or scope of cyberattacks in the past 12 months.
