Cyber Security

Major Ransomware Attack Could Hit U.S. With $89B In Economic Damages

An international ransomware attack could cost the U.S. $89 billion, accounting for nearly half of the $193 billion global price tag for an attack, according to a new report from the Cyber Risk Management (CyRiM) project, of which Lloyd?s of London is a founding member. The cyber-attack—which launches through an infected email, encrypts data on every device connected to the network, and has the potential to spread quickly around the world—causes damages at 600,000 companies, ranging from premier institutions to small businesses.

Is Privacy Possible In The Digital Age?

Ahead of National Data Privacy Day, which is observed annually on 28th January, a poll carried out last year revealed a staggering 90% of people were ?very concerned? about their internet privacy. Data privacy and the importance of safeguarding personal data, along with how companies are using blockchain technology to empower individuals to take control of their own data, are among the topics explored in the commentary.

PSA Announces New Managed Security Service Provider (MSSP) Program

PSA announced its plans to launch a Managed Security Service Provider (MSSP) program. The program is designed to help systems integrators diversify their service offerings and realize the full potential and benefits of a managed services business model. It will hinge on uniting industry-leading partners in cybersecurity and cloud-based security solutions, training and certification opportunities and financing options from PSA.

Authlogics Reveals That The Recent Collection #1 Password Breach Is Just The Tip Of A 7.7 Billion Record Iceberg

Yesterday was another big news day for the password security world as yet another sizable dump of username and passwords has been found on the web. Troy Hunt provides a well thought through post (https://www.troyhunt.com/the-773-million-record-collection-1-data-reach/) where he talks about his findings from the dump dubbed ?Collection #1 containing as many as 773 million emails and password records, but, Authlogics can report that Collection #1 appears to be just the tip of the iceberg.

Threat Lens 2019 Annual Forecast

The great power competition will cause China and Russia to intensify their industrial espionage efforts while the United States increases its efforts to stop them. Aggressive Iranian actions indirectly affecting, or directly targeting, its rivals? civilians and companies will intensify as U.S.-Iranian tensions rise. More investigations, more regulations and higher ceilings on penalties—and an unprecedented cyberthreat from the West?s geopolitical rivals—will drive an increase in the number and size of penalties for organizations that suffer data breaches.

Former FBI Special Cyber Agent?s 2019 Cybersecurity Predictions

Jason Truppi is a career technologist turned FBI agent and now entrepreneur. He has two decades of experience building, securing and investigating networks; working on some of the largest national security and criminal cyber intrusion cases as an FBI Cyber Special Agent in the United States. More recently, he was Director of Endpoint Detection and Response at Tanium, an enterprise security software company. He continues to drive cyber policy as a Center for Strategic & International Studies Cybersecurity Fellow.

Mac Malware Appears On The WatchGuard Top Ten Malware List For First Time

WatchGuard® Technologies issued its quarterly Internet Security Report for Q3 2018. For the first time ever, Mac-based malware appeared on WatchGuard?s list of the top ten most common types of malware. The report also found that 6.8 percent of the world?s top 100,000 websites still accept old, insecure versions of the SSL encryption protocol. Also, WatchGuard saw more malware hits in the Asia Pacific region than in any other geographical region, indicating a significant increase in malware targeting that region throughout 2018.

Genetec Receives UL 2900-2-3 Level 3 (L3) Cybersecurity Readiness Certification

Genetec announced that Security Center Omnicast?, its video management system (VMS), received the UL 2900-2-3 Level 3 cybersecurity certification. A long-standing advocate for cybersecurity and the ?Security of Security?, Genetec participated in the UL evaluation process, which today validates its resilience against cyber-attack with the highest Level 3 (L3) assessment certification.

How To Avoid VPN Deception?

The abuse of consumer data is nothing new. With ongoing revelations that data collected by social media networks and search engine services has been breached by hackers or sold to third parties, people have become weary of the trustworthiness of companies to protect their data from being misused or sold to third parties. Acquiring user data has become incredibly lucrative, and analysts forecast that the big data analytics market will exceed $200 billion by 2020.

The Latest Advanced IT Security Product Will Help Organizations Drastically Reduce The Risks Of Cyber-Attacks

Reflare LTD launched a new product – Reflare Certified Secure Employee (RCSE). This new product is tailored specifically for organizations who need to upskill non-tech staff in the actions and behaviors that reduce the risks of cyber-attacks and security breaches. RCSE joins the Reflare Certified Secure Developer (RCSD) and Reflare Certified Secure Administrator (RCSA) products to create one of the most advanced IT security training offerings on the market today.

WatchGuard Warns Of Vaporworms, Global Internet Disruption And Rogue AI Chatbots For 2019

WatchGuard Technologies information security predictions for 2019 include the emergence of ?vaporworms?, a new breed of fileless malware with wormlike properties to self-propagate through vulnerable systems, along with a takedown of the internet itself and ransomware targeting utilities and industrial control systems. WatchGuard?s Threat Lab research team developed these predictions based on an analysis of major security and threat trends over the past year.

Secure Channels Launches SCIFCOM Featuring Four New Security Services

Secure Channels announced the launch of SCIFCOM (Secure Containment Information Facility) an as-a-service portal that features the strongest non-military encryption technology currently available to the public. SCIFCOM delivers four new security services that include features for ultra-encrypting and transmitting large files, as well as a plug-in for Microsoft Office 365 that enables users to send and receive encrypted (“XFA E-Mail”) with complete privacy and the familiarity of standard MS Outlook email.

The Four Biggest Risks Of Physical Data Security

Edward Snowden?s name entered the cultural lexicon in 2013, after he leaked thousands of classified National Security Agency documents to journalists. He?s been variously called a traitor, a patriot, a revolutionary, a dissident and a whistleblower, but however you personally feel about him, there?s one way to categorize him that no one can dispute: He?s a thief. There?s no doubt about it: Snowden?s information didn?t belong to him, and the scary truth is that he is neither the first nor the last employee to attempt to smuggle secrets out of a building – and we need to learn from his success to try to prevent it from happening again.

Five Measures To Keep Your Company’s Emails Protected

It?s hard to nail down the real damage that a single data breach can cost your company. We?ve all read about business giants like Uber and Facebook experiencing massive data breaches that exposed the personal information of millions of users?resulting in months of negative press, steep drops in stock value, and loss of consumer trust. And while the above become a wake-up call to customers and business owners alike on the value of protecting online accounts, the same discourse hasn?t occurred around secure emails.

New Global Research Shows That Digital Transformation Heightens Risk Of Costly Cyberattacks

ESI ThoughtLab has partnered with the Wall Street Journal, the Security Industry Association and other industry coalition members to release cybersecurity analysis and benchmarks covering 1,300 companies. A comprehensive study about cybersecurity from leading research firm ESI ThoughtLab, together with research partner the Wall Street Journal?s WSJ Pro Cybersecurity and a cross-industry coalition shows that digital transformation is exposing companies to higher and more costly cyber risks.

IIS Attacks Increase From 2K To 1.7M Over Last Quarter According To Threat Report

IIS, Drupal, and Oracle WebLogic web technologies experienced increased attacks in Q2 2018. According to a new threat report from eSentire, Inc., the largest pure-play Managed Detection and Response (MDR) provider, IIS attacks showed a 782x increase, from 2,000 to 1.7 million, since last quarter. Analysis of the attacks by eSentire Threat Intelligence revealed that both IIS and WebLogic exploits maintained a consistent number of attacks (about 200) per IP across organizations, with those attacks originating from servers hosting Apache, RDP, SQL, IIS, and HTTP API services.

Cymulate Announces Technology Integration With Tenable

Cymulate?s BAS platform enables organizations to launch simulations of multi-vector cyberattacks against their networks, immediately exposing vulnerabilities and providing remediation steps. This integration enables security teams to seamlessly view Tenable.io data from within Cymulate?s platform. This allows for improved insight into current exposures and risks, vulnerabilities and infiltration patterns within the corporate network to provide a more comprehensive view of the organization?s cybersecurity posture.

3xLOGIC Introduces Lite Version Of VIGIL Client For Mac Users

3xLOGIC announced immediate availability for the company?s new VIGIL Client Lite software for Mac users. 3xLOGIC?s newest software offering fulfills customer requests to produce a lite version of VIGIL Client for Mac users that provides the basic functionality of the PC version of VIGIL Client. Running VIGIL Client Lite natively on the Mac OS should be a significant performance boost.

Viakoo Demonstrates Physical Security Compliance Solutions At GSX 2018

Viakoo demonstrates solutions to assist in proving and maintaining regulatory or organizational compliance at GSX 2018. The dynamic capabilities of this system help customers ensure—and prove—consistent compliance with physical security regulations across a wide range of applicable industries including: transportation, payment card processing (PCI), electrical distribution and many more. This solves a persistent challenge in these industries to help avoid the risk of fines or service interruptions.

Viakoo Highlights Breakthrough Solutions At GSX 2018

Viakoo demonstrated innovative new offerings for physical security service assurance and sustainable cyber hygiene at GSX 2018. Viakoo is showcased two of their newest software solutions for the intersection of physical and cyber security: the new Camera Firmware Update Manager (CFUM), and the new IoT Tracker. Viakoo helps to automate the process of assuring that video surveillance is working as it should, providing an auditable record.