In 2019, Business Email Compromise (BEC) attacks – a long-standing cybersecurity threat – accounted for $1.7 billion in losses, with cybercriminals using new tactics and techniques to carry out existing attacks. As cybercrime spikes in the wake of COVID-19, BEC’s toll is expected to rise this year. The Federal Bureau of Investigation (FBI) recently issued a warning to businesses on the growing threat of BEC attacks using the pandemic as a backdrop for unusual requests like payments to a “new” vendor or a change of account information.
Security magazine is pleased to announce our 2020 Most Influential People in Security – 22 top security executives and industry leaders who are positively impacting the security field, their organization, their colleagues and peers, and the national and global security landscape.
ISC East 2020, originally scheduled for Nov. 18-19 in New York City, has been canceled due to the ongoing impact of COVID-19, and continued restrictions on large events.
September is National Insider Threat Awareness Month (NIATM), which is a collaborative effort between the National Counterintelligence and Security Center (NCSC), National Insider Threat Task Force (NITTF), Office of the Under Secretary of Defense Intelligence and Security (USD(I&S)), Department of Homeland Security (DHS), and Defense Counterintelligence and Security Agency (DCSA) to emphasize the importance of detecting, deterring, and reporting insider threats.
New research spike in phishing attempts since the pandemic began, leading to more frequent successful attacks and a heavier burden on corporate IT security teams to remediate incidents.
The National Institute of Allergy and Infectious Diseases (NIAID), one of the National Institutes of Health, announced that it has awarded 11 grants with a total first-year value of approximately $17 million to establish the Centers for Research in Emerging Infectious Diseases (CREID).
Close to 40% of business are preparing for a second wave of the COVID-19 pandemic in Ireland, a new survey by the Association of Compliance Officers of Ireland (ACOI) has found. The survey also found that 37% of businesses were working on a revised business continuity plans, while a further 28% have already done so.
The National Health Service is preparing to test drone usage to deliver emergency medical supplies to vulnerable populations in the event of a second wave of COVID-19.