Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
An investigation at the U.S. Treasury Department has found that it suffered a "significant" breach as a result of the SolarWinds Orion supply chain attack, a top Democrat on the Senate Finance Committee reports. Meanwhile President-elect Joe Biden said of the attack: "I promise you, there will be a response."
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
When implementing a cybersecurity risk framework, enterprises should use a structured approach to identity and evaluate and manage the risks posed by increased digital transactions during the pandemic, says Dmitry Chernetsky, global presales expert, Kaspersky-APAC.
Synopsys is a Leader in Gartner's Magic Quadrant for Application Security Testing (AST) for the fourth year in a row. Based on their ability to execute and their completeness of vision, they are positioned hightest and furthest right in the leaders Quadrant.
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Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
In today's digital environment, protecting sensitive information and sales transaction data is of critical importance. Technology and advanced loyalty programs are driving the collection of additional data, causing consumers to pay more attention to the types of data they are willing to share with merchants.
Cybercrime is surging thanks, in part, to the availability of inexpensive hacking tools and services. A recent look by security firm Armour at black market offerings finds stolen payment card data, RDP credentials, ransomware and DDoS services are widely available for sale.
APTs can be particularly harmful to financial service organizations, raising the need for early detection of malicious intruders. This white paper describes three use cases that illustrate how Illusive's technology is helping these organizations stay ahead of advanced attackers.
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What security steps does India need to take as it continues its shift to digital payments? Nitin Bhatnagar, the new associate director for India for the PCI Security Standards Council, offers insights.
If 2017 was the year of ransomware innovation, 2018 is well on its way to being known as the year of cryptocurrency mining malware. Numerous studies have found that the most seen malware attacks today are designed for cryptojacking. But while ransomware campaigns may be down, they're far from out.