The problem of social media cyber crime is growing at an astonishing rate and is now a $3 billion business. According to a recent report, nearly 1 in 5 organizations worldwide are now infected by malware distributed by social media.
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.
With successful defenses against ransomware, and since cryptojacking has become less profitable with cryptocurrencies’ fall in value, formjacking has become the new avenue for online criminal activity. It’s easy to do, it’s scalable, and it’s hard to stop.
Russian state-sponsored hackers take 19 mins to break into a network. All of this means that even SMEs need to have a cyber response capable of keeping up with these advanced threat actors.
Putting in place people-focused security and risk policies in a contextual and transparent way without getting in the way, companies can create a flexible, secure environment and superior employee experience in the digital era.
Study of password managers finds security vulnerabilities in the way master passwords are stored. While password managers are still widely considered to be a best security practice, it's important to keep in mind that no system is perfect or without vulnerabilities.
Blockchain can bring the world to a common consensus of “what exactly happened” when it comes to threat intelligence, reducing confusion and complication, and promoting trust in the information.
According to a new report from security research firm Symantec, cyber criminals and other hacker syndicates are carrying out “formjacking” attacks at an increasing rate, making it one of the fastest growing forms of cyber attacks on the Internet right now.
While digital forensics software and services that are used in cases of cybercrime currently account for just about $430 million, the growth of cybercrime is likely to generate substantial demand in the years to come.
A recent study conducted by Chubb in major Asia-Pacific markets reveals that SMEs tend to be both overconfident and underprepared when it comes to cyber awareness.
By protecting machine-to-machine communication using machine identity protection, you can help stop many insider threats and a wide variety of other security threats, before they can damage your network and your company as a whole.










