The annual Verizon DBIR provides further confirmation that attackers are showing a renewed interest in social engineering, particularly in conjunction with business email compromise (BEC) attacks. And the average financial damage of a ransomware attack has doubled and is almost certain to cost organizations at least $1 million to remediate.
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.
A Verizon insider data breach has impacted employee data of 63,206 employees. incident occurred when a Verizon employee violated company policy by gaining unauthorized access to a file containing workers’ personal information.
Verizon's annual mobile security report paints a picture of a landscape increasingly dependent on mobile devices to get work done, this pattern has been driven primarily by the pandemic conditions.
Verkada, a major provider of surveillance cameras throughout the United States, suffered a data breach that exposed the contents of over 150,000 of its live camera feeds.
Vice Society ransomware group has published a treasure trove of sensitive internal documents and employee data stolen during the CommScope ransomware attack. CommScope's customers include hospitals, schools and U.S. federal agencies.
BitMart crypto exchange was victimized with a total loss of about $196 million. BitMart has said that it will compensate victims of the crypto theft, but it is using its own internal estimate of $150 million in losses as a guideline.
Victoria’s Secret suffered a security incident that forced the lingerie giant to shut down impacted IT systems to prevent the attack from spreading and safeguard data.
Victory for Pharma Giant Merck in NotPetya Cyber Attack Suit Redefines “Act of War” Insurance Claims
Victory for Merck in the long-simmering suit on the 2017 NotPetya cyber attack means that cyber insurers now have much less ground to stand on when denying insurance claims on an "act of war" basis.
Vietnam's new cybersecurity law strengthens internet sovereignty and national security at the expense of increased censorship and reduced freedom of speech.
Vietnam’s controversial new cyber law went into effect on Jan 1, 2019. Google and Facebook has reason to be cautious about entering into what could easily become a global discussion over freedom of speech.










