How are threat actors so successful? They gather breached data and information from open sources – think social media profiles or even voting records – to build digital profiles of individuals with just a few clicks. This can then lead to, among other attacks, phishing scams such as business email compromise, potentially inflicting a significant financial toll on an organization.
Much like the long-standing debate around 5G, President Trump’s recent decision to sign an executive order that may see TikTok and WeChat banned, and has now evolved into a bidding war for TikTok’s U.S. operations with Oracle leading as the potential winner, has brought the world’s attention to the inherent security challenges that complex global digital communications and connectivity present.
To better regulate the use of personal data and protect citizens, the European Union adopted the General Data Protection Regulation (GDPR), which came into force on 25 May 2018. In the UK, the GDPR is tailored by the Data Protection Act 2018. Non-EU businesses with offices in Europe, or who hold or process data coming from Europe, also need to be fully appraised of GDPR.
The digital revolution has made it easier for companies to collect insights on their markets to better understand their clientele's behavior. But it has also paved the way for potential abuses, creating a climate of suspicion. How can AI earn the public’s trust?
A new Incident Response (IR) threat report by Secureworks reveals that cybercriminals are targeting vulnerabilities created by the pandemic-driven worldwide transition to remote work. The report is based on hundreds of incidents the company’s IR team has responded to since the start of the pandemic.
Mandiant Threat Intelligence researchers have identified FIN11, a financially-motivated hacking group behind bold, large and long-running malware campaigns. The hackers have expanded their range of targets the past two years while using increasingly aggressive ransomware attacks.
Norway has blamed Russia for the August cyberattack that targeted the email system of the country's parliament. "Based on the information the government has, it is our view that Russia is responsible for these activities," Foreign Minister Ine Eriksen Soreide said in a statement, the Moscow Times reports.
Carnival Corporation has disclosed that an Aug. 15 ransomware attack accessed the personal data of guests and employees of Carnival Cruise Line, Holland America Line and Seabourn. However, Carnival said there is a "a low likelihood of the data being misused."
Sixty-three percent of government workers say they are worried that cyberattacks on candidates, political parties, and voting infrastructure will impact the integrity of the upcoming U.S. election, according to the Government & Election Cybersecurity Threat Index released by Morphisec, provider of Advanced Threat Prevention. In addition, more than 3-in-4 government workers (77%) believe that states and local governments need more federal funding to protect voting infrastructure better.
The digitalization of industrial infrastructure is underway, and 55% of organizations are confident that the Internet of Things, as one of its key aspects, will change the state of security in industrial control systems (ICS). According to Kaspersky’s recent report, 20% of organizations have already prioritized IoT-related incidents, but effective solutions against IoT threats are not yet widespread.
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