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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.

 

Computer code on a screen with a skull showing crypto drainer malware
Cyber SecurityNews

$87 Million Lost to Crypto Drainer as Inferno Malware Fools Customers With Coinbase, Seaport Connection Protocols

January 18, 2024
The Inferno Drainer malware that plagued the crypto world throughout 2023 ultimately compromised about 130,000 victims and stole about $87 million in total, according to a new report from Group-IB. It was part of a broader movement of "crypto drainer" services that some security experts believe is poised to become the next big thing in cybercrime in 2024.
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Broken padlock and credit card on keyboard showing replacement of 12 million bank cards due to internal security breach through master key at South African Postbank
Cyber SecurityNews

South Africa’s Postbank Replaces 12 Million Bank Cards After Internal Security Breach Exposes Master Key

June 30, 2020
A major internal security breach involving the copying of a master key has forced South African Post Office Bank to replace 12 million bank cards at a cost of $58 million.
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Waman holding iPhone with Apple Pay on the screen showing payment fraud with Visa card
Cyber SecurityNews

Fraudulent Payments Possible Using Locked iPhone With Apple Pay Express Transit Mode and Visa Card

October 11, 2021
Attackers can commit payment fraud using a locked iPhone with Apple Pay Transit Mode set with a Visa card. Both companies evaded responsibility for the vulnerability.
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Biometric identification on man’s eye showing the technologies to protect digital identity
Cyber SecurityInsights

Who am I? Defining Digital Identity

January 2, 2020
Digital identity is important as it’s closely tied to the data that represents us or the technologies that act on our behalf. What are the ways that can help us secure our digital identity?
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Lecture room with empty seats showing cyber attacks on education sector
Cyber SecurityInsights

Three Ways To Safeguard Higher Education Establishments From Cyberattacks

November 29, 2022
Easy targets. That’s the best way to describe universities and colleges as targets of cyberattacks. Most still operate using legacy systems and infrastructure, and many users, devices, and inadequate cybersecurity policies make them easy prey for bad actors.
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Tired businessman at desk showing the BEC attacks on three British and Israeli banks for $1.3 million
Cyber SecurityNews

BEC Attacks by “The Florentine Banker” Strike Three British and Israeli Banks for $1.3 Million

May 14, 2020
$1.3 million BEC attacks on three large financial services companies in U.K. and Israel shows how far cyber criminals are willing to go and what they are capable of.
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Army of toy robots showing AI agents
Cyber SecurityNews

Out-of-Control AI Agent Strikes Again, Hacks Accounts at Four Additional Services

August 3, 2026
OpenAI did not comment on the Modal Labs incident specifically, but had previously released a statement indicating that the AI agent had ranged further afield than previously realized and had breached accounts at four other services in addition to the known Hugging Face incident.
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Hand reaching out at laptop showing ransomware attack at India pharmaceutical
Cyber SecurityNews

Fourth-Largest Generic Drugs Manufacturer Sun Pharmaceuticals Hit by Ransomware Attack

April 6, 2023
World’s fourth-largest generic drugs manufacturer Sun Pharmaceuticals disclosed a ransomware attack that compromised some of its file systems.
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Coinbase crypto exchange on screen showing data breach
Cyber SecurityNews

Coinbase Crypto Exchange Reports Losses of Up to $400 Million After Data Breach

May 19, 2025
Crypto exchange Coinbase has said that it will reimburse customers that lost funds due to a recent data breach, and is also setting aside a $20 million reward for information leading to the arrest and conviction of the hackers.
Read More
Computer security code and virtual locks showing lateral movement and need for MFA
Cyber SecurityInsights

A Decade of Discussion and We’re Still Not Thinking Laterally

December 6, 2022
Lateral movement has been a common factor in breaches, using identity as a universal attack vector to traverse environments unchecked. Organizations must have full visibility of the threat posed by identity and proactively wrap MFA round exposed assets.
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Federal Trade Commission seal on wall showing FTC investigation into AI safety

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