Security & Business Resilience

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What is causing digital fraud to rise year over year? From current trends and consumer attitudes to technological enhancements and more sophisticated tactics, let’s take a look at the top nine reasons digital fraud is rapidly increasing:

Organizations' migration to the cloud is a broad term that encompasses many different trends: (1) Moving existing applications from private data centers to AWS, Azure, or the Google Cloud Platform as cloud service providers (CSPs), often referred to as lift-and-shift or infrastructure-as-a-service (IaaS); (2) Completely restructuring how applications are built to make heavier use of prepackaged services available on these cloud service platforms – often referred to as lift-and-reshape, serverless, or platform-as-a-service (PaaS); (3) Choosing to forgo running copies of standard applications instead of having the application vendor host them is sometimes referred to as drop-and-shop or software-as-a-service (SaaS).

Italian bottling company S.I.BE.G. srl invested in wearables for two of its plant and its headquarters locations to help with contact-tracing as well as ensure employees and visitors adhere to social-distancing guidelines. 

In new research from HelpSystems interviewing chief security officers in financial institutions about the security challenges they face, more than a third (35%) of survey respondents cite insider threats as one with potential to cause the most damage in the next 12 months.

Spoofed websites are a common avenue for cyberattacks. To better understand the scope of this phenomenon, it’s important for security professionals and organizations to know just how widespread the problem is.

Starting on December 8, Apple will require all third-party developers to detail their app’s privacy information, according to an Apple post. Security experts note that this new update (iOS 14) puts additional focus on user privacy, and in particular gives users better visibility into their personal information that is shared with third parties.