CPO Magazine - News, Insights and Resources for Data Protection, Privacy and Cyber Security Leaders
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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.

 

Laptop with coffee cup and open book on table showing how remote working has led to increased security incidents
Cyber SecurityNews

Half of All Organizations Experienced Cyber Security Incidents During the Remote Working Period

October 5, 2020
Study showed that 75% of IT decision-makers believed hybrid or remote working to be the future of the workplace, and most also believed that this has led to an increase in security incidents.
Read More
Large calculator on a wooden table showing the economics of cybercrime
Cyber SecurityInsights

Disrupting the Economics of Cybercrime

October 6, 2020
To really combat cybercrime, we have to change the economics of the whole deal to make it more expensive or the consequences too high for cyber criminals.
Read More
Data streams in the data center showing use of storage virtualization
Cyber SecurityInsights

How Object Storage Is Taking Storage Virtualization to the Next Level

October 7, 2020
Storage virtualization 2.0 offers organizations the ability to better manage both structured and unstructured data, along with the added benefit of greater protection against data loss.
Read More
Satellite dish sending data showing cyber attacks for telecom industry
Cyber SecurityInsights

Telecom Corporate Accounts at Highest Risk for Cyber Attacks

October 8, 2020
With so many employees, subscribers, and seemingly unlimited data out there, the telecom industry is a prime target for cybercriminals looking for a profit.
Read More
Money and handcuffs showing US Treasury warning of ransomware payments
Cyber SecurityNews

Another Reason to Avoid Ransomware Payments: US Treasury Warns That It Might Violate Sanctions

October 8, 2020
The US Treasury is now warning of potential sanctions violations if ransomware payments are made, citing the possibility of civil penalties even if the attacker’s identity is unknown.
Read More
Ambulance car speeding blurred motion showing disruption of healthcare services due to Ryuk ransomware attack
Cyber SecurityNews

Ryuk Ransomware Attack Disrupts Universal Healthcare Services Operations Resulting in Ambulance Diversions and Alleged Deaths

October 8, 2020
Universal Healthcare Services switched to a manual system and diverting patients after a Ryuk ransomware attack crippled its systems. Four patients allegedly died during the attack.
Read More
Hands on a laptop keyboard showing REvil ransomware offer on hacker forum
Cyber SecurityNews

REvil Ransomware Gang Deposits $1 Million for Recruitment on a Russian-Speaking Hacker Forum

October 9, 2020
REvil Ransomware operators deposited $1 million in Bitcoins on a Russian-speaking hacker forum to recruit hackers to work as affiliates earning 70-80% commission.
Read More
Close up female hand using mobile apps
Cyber SecurityInsights

Preventing Hackers From Transforming Apps Into Trojans

October 12, 2020
Hackers are reverse engineering mobile apps and embedding malicious code to steal data for downstream attacks or to cause other direct harm to the user.
Read More
Cargo ship at sea during a storm showing business risk of cyber attacks
Cyber SecurityNews

In the Age of Coronavirus, Infectious Disease Isn’t the Top Business Risk in the US; Cyber Attacks Are

October 12, 2020
According to a WEF report, cyber attacks remain the greatest business risk in the US, something that bucks a general global trend among the world's major economies.
Read More
Money on laptop showing BEC scam
Cyber SecurityNews

Fraudsters Steal $15 Million From American Businesses Through a Coordinated BEC Scam

October 12, 2020
Hackers employed homograph attacks and Office 365 email addresses in a coordinated BEC scam to steal over $15 million from over 150 businesses.
Read More
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