Criminals are leveraging elevated interest in COVID-19 to send emails to unsuspecting people to infect computers with ransomware, malware or other computer viruses. And why not? According to Forbes, the COVID-19 crisis has turned the U.S. workforce into a work-from-home army, giving cybercriminals new, less secure, access points for cyber viruses and phishing attacks, revealing vulnerabilities in cybersecurity strategies for the coronavirus crisis. And since there’s a tremendous curiosity for coronavirus information — people are more likely to click without checking the credibility of the source.
One thing has become clear; to abide by the “new normal” restrictions, organizations need to be constantly aware of their environments’ compliance, in real-time. To do that, they need to improve their security and situational awareness, so they can quickly assess evolving situations and respond when violations occur.
State Superintendent of Education Molly Spearman announced at River Springs Elementary School that the South Carolina Department of Education (SCDE) will purchase and distribute over $33 million worth of personal protective equipment (PPE) and supplies to all eighty one public school districts to support efforts to maintain and return to face to face instruction.
LexisNexis Risk Solutions released its LexisNexis Risk Solutions 2020 True Cost of Fraud Study: Financial Services & Lending for the United States and Canadian financial services and lending sectors.
According to data extracted and analyzed by Atlas VPN, the United States residents reported 168,818 imposter scam cases amounting to $299.9 million in losses in the first half of 2020 with a median loss of $694. That is more than two times less than in H1 2019 when the US consumers reported 355,866 imposter fraud cases.
Data from 25,000 small-to-midsize organizations reveals ransomware as the top cyber insurance incident in the first half of the year, with the average ransomware demand increasing 100% from 2019 through Q1 2020
October 13, 2020
Coalition announced the results of its H1 2020 Cyber Insurance Claims Report. The report explores top cybersecurity trends and threats facing organizations today, in addition to data showing the impact of COVID-19 on cyber insurance claims. The report garners insights from the incidents reported across 25,000 small and midsize organizations.
Thycotic, provider of privileged access management (PAM) solutions, released its CISO Decisions survey. Based on findings from more than 900 global CISOs/Senior IT decision-makers, the research shows Boardroom investments in cybersecurity are most commonly the result of an incident or fears of compliance audit failure. Because of this, the research shows more than half, 58 percent, of respondents say their organizations plan to add more towards security budgets in the next 12 months.
A new report from email security company Tessian reveals that 75% of IT decision makers believe the future of work will be remote or “hybrid” - where employees choose to split their time between working in the office and anywhere else they’d like. As businesses try to deliver a seamless hybrid experience, Tessian’s Securing the Future of Hybrid Working report reveals the security risks they must overcome and the pressures on IT teams.
Universal Health Services (UHS), one of the largest healthcare services provider, has reportedly shut down systems at healthcare facilities around the U.S. after a cyberattack hit its networks.
The Travelers Companies, Inc. announced the results of the 2020 Travelers Risk Index, which found that fewer companies than last year have taken steps to mitigate cyber risks, even though the level of concern about these threats has increased during the COVID-19 pandemic.