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BEC email laptop

FBI warns of BEC scammers using email forwarding

Maria Henriquez
December 2, 2020
The U.S. Federal Bureau of Investigation (FBI) issued a Private Industry Notification alert, noting that cybercriminals are increasingly implementing auto-forwarding rules on victims' web-based email clients to conceal their activities. According to the FBI, cybercriminals then capitalize on this reduced visibility to increase the likelihood of a successful business email compromise (BEC).
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online shopping

14% rise in suspected 2020 holiday weekend e-commerce fraud

December 2, 2020
TransUnion released new findings around online retail trends during the start of the 2020 global holiday shopping season. The research shows a 1% decrease in suspected online retail fraud worldwide during the start of the 2020 holiday shopping season compared to the same period in 2019, a 59% increase from the same period in 2018 and a 14% increase from all of 2020 so far. The findings are based on the same-store sales analysis of TransUnion’s e-commerce customers during the traditional start of the global holiday shopping season, Thanksgiving to Cyber Monday.
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NSAcyber

NSA announces winner of 8th Annual Best Scientific Cybersecurity Research Paper Competition

December 1, 2020

The National Security Agency’s Research Directorate has announced it has selected “Spectre Attacks: Exploiting Speculative Execution” as the winner of its 8th Annual Best Cybersecurity Research Paper competition. Originally published at the 2019 IEEE Security & Privacy Symposium, the winning paper, in combination with Meltdown, another award-winning paper released earlier by the same researchers, launched a global effort to mitigate critical vulnerabilities in processors. 


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data-enews

Analyzing the draft standard contractual clauses

Once finalized, US entities can use the new Standard Contractual Clauses to legally transfer data out of the EEA when combined with appropriate supplementary measures.
david stauss
David M. Stauss
December 1, 2020
As discussed in our prior post, on November 12, 2020, the European Commission published a draft implementing decision on standard contractual clauses (SCCs) for the transfer of personal data to third countries and draft standard contractual clauses. Once finalized, the SCCs will replace the existing SCCs for data transfers out of the EEA.
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cyber threat

Hackers exploiting MobileIron vulnerability

Maria Henriquez
November 30, 2020
The UK's National Cyber Security Centre has issued an alert on the MobileIron remote code execution vulnerability. According to the alert, APT nation state groups and cybercriminals are exploiting this vulnerability to compromise the networks of UK organizations.
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cloud-cyber

Anatomy of data breach in cloud generation

Pushkar Tiwari
November 27, 2020
In 2017, Gartner predicted that the public cloud computing industry would be worth $236 billion by 2020, as its demand, driven by the growing number of businesses recognizing cloud computing as a data center solution, seems to surge. And for good reasons. Cloud has proven to offer enhanced stability, security, flexibility, and cost-saving.
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Top Cybersecurity Leaders

Security magazine announces the Top Cybersecurity Leaders contest

November 27, 2020
Security magazine and its partner for the Top Cybersecurity Leaders, (ISC)², is looking for enterprise information security executives, who have made and continue to make significant contributions in the cybersecurity space to their organizations and/or the enterprise-level information security profession.
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5 minutes with

5 minutes with Ian Thornton-Trump, CISO of Cyjax

Maria Henriquez
November 25, 2020

Meet Ian Thornton-Trump. He is the Chief Information Security Officer at Cyjax, and an ITIL certified IT professional with 25 years of experience in IT security and information technology. As CISO Cyjax, Ian has deep experience with the threats facing small, medium and enterprise businesses. His research and experience have made him a sought-after cybersecurity consultant specializing in cyber threat intelligence programs for small, medium and enterprise organizations. In his spare time, he teaches cybersecurity and IT business courses for CompTIA as part of their global faculty and is the lead architect for Cyber Titan, Canada's efforts to encourage the next generation of cyber professionals.


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SEC0820-Data-Feat-slide1_900px.jpg

Home Depot settles 2014 data breach

Maria Henriquez
November 25, 2020
Attorney General Kathy Jennings announced that Delaware has joined a total $17.5 million settlement against Georgia-based retailer The Home Depot, resolving a multistate investigation of a 2014 data breach which exposed the payment card information of approximately 40 million Home Depot consumers nationwide. Through the settlement The Home Depot has reached a resolution with 45 other states and the District of Columbia. The DOJ’s Consumer Protection Unit helped secure the settlement.
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