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The 2021 edition of the Electronic Security Expo (ESX), an annual education and networking event dedicated to professionals from the electronic security and life safety industry, will be conducted virtually out of consideration for the health and well-being of participants. Renamed the ESX 2021 Virtual Experience, the event will take place exclusively online from June 15-17.

The use of artificial intelligence (AI) in cybersecurity, while often overhyped, is not a new concept. Hackers have included countermeasures in malware since its inception to detect runtime environments or sense detection attempts. Early actions were primitive compared to what we know today, but they laid the groundwork for more critical thought about adaptive and evasive technologies and sophisticated situational awareness. This lethal combination of research and deep targeting is likely the future of malware as adversaries attempt to outsmart the companies and researchers trying to thwart them. 

With the inception of privacy regulatory laws and associated penalties, it has become mandatory for organizations to take necessary steps in establishing and implementing a strong privacy risk management framework. Inadequate, or the lack of, a risk management framework may present numerous organizational risks.

Education is particularly attractive to criminals because of the vast amount of valuable data it holds: student and staff information, supplier information, alumni databases, and research data - so, as security experts, what’s to be done to help schools secure their endpoint devices?

Now more than ever before, the small business sector is beginning to prioritize cybersecurity and cyber liability insurance to mitigate potential crippling financial risk, which is setting the stage for a major trend moving forward: the merging of cybersecurity technology and insurance to mitigate insurer’s risk and provide the best overall coverage for small businesses.

Ransomware – a cyberattack in which attackers hijack computer systems and demand payment to release them – has skyrocketed from a relative rarity a few years ago to the single biggest type of cybercrime today. And there is no end in sight to its growth trajectory. Last year, 2,354 American government entities, healthcare organizations and schools were the victims of ransomware attacks. The average ransomware payout swelled to $178,000 in the first half of 2020, up from $112,000 a year ago, according to ransomware incident response firm Coveware, and few clandestine culprits were caught.

The developer of the 16Shop phishing platform added a new component that targets users of popular Cash App mobile payment service, according to reports. 

2021 has proven to be busy for law enforcement operations already, taking down numerous high-profile dark web marketplaces and forums including Dark Market (500k users, 2.4k sellers,  transactions ~ €140 million), Emotet, Netwalker, and Egregor, with some even producing arrests of site operators. Digital Shadows’ new report, “Cybercriminal law enforcement crackdowns in 2021,” highlights the impact that these takedowns have had to date.

CISA has issued Emergency Directive (ED) 21-02 and Alert AA21-062A addressing critical vulnerabilities in Microsoft Exchange products. Successful exploitation of these vulnerabilities could allow an attacker to access on-premises Exchange servers, enabling them to gain persistent system access and control of an enterprise network.