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Cyber Security

Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.

 

So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.

 

It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.

 

Taylor Swift on stage showing bot attack on Ticketmaster
Cyber SecurityNews

Ticketmaster Says Bot Attack Is To Blame for the Misfortunes of Taylor Swift Fans

February 2, 2023
Ticketmaster executives have been brought in front of a Senate Judiciary Committee and claims now that a bot army were both purchasing tickets and attempting to breach the servers simultaneously.
Read More
Hacker using mobile smartphone calling victim showing remote monitoring and management software used in phishing of federal agencies
Cyber SecurityNews

Hackers Breached Multiple Federal Agencies via Remote Monitoring and Management Software

February 2, 2023
A joint cybersecurity alert warned that hackers breached multiple federal agencies via remote monitoring and management software in a widespread helpdesk-themed phishing campaign.
Read More
Hands holding smartphone using Google Fi service showing T-Mobile data breach
Cyber SecurityNews

T-Mobile Data Breach Includes Massive Compromise of Google Fi Service, Unknown Quantity of Customer Records Exposed

February 3, 2023
The Google Fi service was caught up in the T-Mobile data breach of late 2022 that saw an attacker gain access to 37 million records of customer data. Google’s breach is somewhat more concerning, as the company reports that SIM card serial numbers were stolen.
Read More
Shield Icon against data and network showing zero trust and attack surface
Cyber SecurityNews

Gartner: Slow Adoption and Expanding Attack Surface; Zero Trust Will Not Stop Over 50% Of Attacks by 2026

February 3, 2023
Zero trust will not stop over 50% of attacks by 2026 because only 10% of large firms will have mature programs, and hackers will expand the attack surface beyond zero trust coverage.
Read More
The UPMC, University of Pittsburgh Medical Center, showing DDoS attacks by Russian hacktivists
Cyber SecurityNews

Russian Hacktivists Actively Targeting Hospitals With DDoS Attacks in the US and Pro-Ukraine Countries

February 6, 2023
Health authorities warned that Russian hacktivists were actively targeting US hospitals with DDoS attacks in a widespread campaign also targeting other Ukraine's allies.
Read More
Electric system of car engine showing quantum computing impact on automotive cybersecurity
Cyber SecurityInsights

How Quantum Computing Could Affect the Automotive Landscape

February 7, 2023
The automotive industry uses cryptography extensively both in external and internal communication, as well as other uses. Due to the relative rigidity of automotive products, there is an urgent need to fit the vehicles to the quantum computing era as soon as possible.
Read More
Financial charts showing LockBit ransomware attack impact on derivative trading
Cyber SecurityNews

ION Group Ransomware Attack Impacts Derivative Trading in Global Markets

February 7, 2023
Ransomware attack’s main impact to derivative trading thus far has been long delays in processing for financial firms in Europe and the United States, but operations for other ION clients have also been strongly impacted.
Read More
Bank of England building showing UK financial regulator stress test report on cyber insurance
Cyber SecurityNews

UK Financial Regulator: Country’s Cyber Insurance Providers Lack Consistency in Risk Assessments, Modeling Capability

February 7, 2023
The UK financial regulator found that cyber insurance firms "mostly" weathered the stress test, in the sense that only a small number reported concluding the scenario with an amount of funds on hand that would put them beneath national solvency capital requirements.
Read More
Hacker in hoodie showing Lazarus hacking group responsible for Horizon Bridge crypto theft
Cyber SecurityNews

FBI Confirms North Korea’s Involvement in the $100 Million Horizon Bridge Crypto Theft

February 8, 2023
The FBI confirmed that North Korea’s state-sponsored hacking group Lazarus carried out the $100 million Horizon bridge crypto theft. The agency said it successfully stopped the transfer of some stolen assets and subsequently published wallet addresses with purloined cryptocurrencies.
Read More
Woman under an umbrella in heavy rain showing cyber insurance
Cyber SecurityInsights

Cyber Insurance: The Policy Changes Needed To Save the Industry

February 9, 2023
In late December last year, Mario Greco, the chief executive of insurance giant Zurich sent shockwaves through the business world when he announced that cyberattacks are set to become uninsurable. Cyber insurance providers are left with no choice but to tighten their policies, or risk going bankrupt.
Read More
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