Cybercrime

Genetec Alerts Organizations to Risks of Legacy Access Control Systems in Light of Rising Cyberattacks

With the ever-increasing rise in cybercrime, Genetec is cautioning organizations of all sizes to be vigilant about the cybersecurity risk posed by legacy access control systems. Vulnerabilities in legacy access control systems can introduce cybersecurity weaknesses that may put an entire organization at risk. Cybercriminals can exploit weaknesses in access control system credentials, controllers, servers, readers, or workstations connected to the network.

In Just One Evil Internet Minute Over Two Phish are Detected and $2.9 Million is Lost to Cybercrime, Reveals RiskIQ

RiskIQ released its annual ?Evil Internet Minute? report. The company tapped proprietary global intelligence and third-party research to analyze the volume of malicious activity on the internet, revealing that cybercriminals cost the global economy $2.9 million every minute last year, a total of $1.5 trillion. The data shows that in a single internet minute, $2,900,000 is lost to cybercrime. Top companies pay $25 per minute due to security breaches.