According to a Linklaters analysis, there has been a major increase of data breach notifications to data protection authorities, with an average increase in notifications of 66 percent compared to Year 1 of the EU General Data Protection Regulation (‘GDPR’).
The question is this. Is this skepticism based on fact or as a result of that well-established human trait – resistance to change? In other words, does the convenience offered by a cloud app outweigh potential security threats such as hacking, and how susceptible are SaaS (Software as a Service) cloud apps to attack in the first place? To answer this question, let’s consider Microsoft Office 365, which is one of the most widely used software packages on the planet with more than 27 million consumer users and over 100 million enterprise users.
From a security perspective, we also tend to look at IoT in the wrong way. With every new device, we assume the technology will be vulnerable with a very high risk of compromise. The reality is that most IoT devices have a very low risk individually, but their functionality is what leaves them susceptible.
A bipartisan group of six House members introduced a bill to establish a National Cyber Director in the Executive Office of the President to coordinate cyber policy across the Federal government.
With security resources and budgets stretched thin to accommodate remote workforces, cybercriminals were quick to capitalize on the increased attack surface and general uncertainty, striking with a 667 percent increase in coronavirus-related cyberattacks.
“There are only two types of companies: those that have been hacked, and those that will be.” When former FBI Director Robert Mueller spoke those words in 2012, he sounded hyperbolic. Almost a decade later, it seems prophetic.
vpnMentor’s research team, led by analysts Noam Rotem and Ran Locar, recently discovered a sensitive data breach originating from the domestic violence prevention app Aspire News App.
Malicious actors are taking advantage of the opportunity to target exposed API endpoints and craft malware-infested images to facilitate distributed denial-of-service (DDoS) attacks and mine cryptocurrencies.
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