While digitalisation increases productivity and output for critical national infrastructure, the industry needs to find a balance between the benefits of interconnectivity and exposure to cyber risks.
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.
Marsh report shows that companies purchasing cyber insurance in 2019 more than doubled since 2014 as more and more companies are recognizing cyber threats as a critical business risk.
WHO was hit by a cyber espionage attempt with more than double the usual number of cyber attacks including an attempt to set up a fraudulent site to compromise internal email system.
Meeting regulatory and legal compliance standards is not enough for cybersecurity today, effective data security requires companies to have a proactive mindset to challenge, enhance and improve.
GE suffered a third-party data breach where sensitive employee information was exposed through their contractor, Canon BPS, who handles the company's human resource tasks.
This is the third time the FBI is warning of the persistent Kwampirs malware conducting supply chain attack now targeting the healthcare sector and with increased intensity during the ongoing COVID-19 crisis.
With more hackers taking advantage of software patches to find vulnerabilities and attack system, programmers need to focus on securing the code at its foundation and not rely on updates.
White House Unveils National Strategy for 5G Security Concurrently With Signing of the Secure 5G Act
The Trump Administration has released a national strategy for 5G security that will guide the government's approach to securing 5G networks, fulfilling the mandate of the Secure 5G and Beyond Act which was signed concurrently.
Stolen documents from Russia’s FSB indicate that the country is building an IoT botnet capable of gigantic DDoS attacks by rounding up millions of poorly-secured devices.
Even though the data of 538 million Weibo users sold on dark web is limited, the information still posed a risk especially to the anonymous users sharing unfiltered news around the country.










