Tag "Cyber Attack"

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Hardware/Network

Fighting Automation with Automation

Organizations and consumers alike have a growing expectation for instant access to personalized information and services through an increasingly complex array of interconnected devices and networks. It is this demand

Industry Insights

Corporate Cyber Insurance Will Fuel Ransomware Growth in 2018 says WatchGuard

While the increasing number of publicly disclosed breaches and successful ransomware incidents are driving growth in cyber insurance, there is a risk that this will encourage criminals to target companies

Identity Theft

MoneyTaker’s stealthy hacking spree spread from US to Russia

A stealthy group of Russian-speaking hackers has been targeting financial organizations (banks, credit unions, lenders) in the US and Russia, stealing money and documentation that could be used for new

Industry Insights

Cybercrime Now Driven by Four Distinct Groups

The new generation of cyber-criminals resemble traditional Mafia organizations, not just in their professional coordination, but also in their willingness to intimidate and paralyze victims.A new report from Malwarebytes The

Software

3 advanced prevention technologies expected to grow in 2018

New technologies will help organizations decrease the attack surface and simplify security operations.Last week, I described how 2018 will be the year of advanced prevention. Now, we’ve had technologies for

Hardware/Network

Will IoT botnets catapult the industry toward security regulation in 2018?

Attackers demonstrated the power of an IoT-fueled botnet in 2016 when the Mirai botnet took down major websites like Reddit, Twitter and GitHub. Despite the damages, no significant changes to

Hardware/Network

Millions stolen in Bitcoin hack on mining service

News has broke that “highly professional” hackers have stolen around 4,700 Bitcoin from a leading mining service, NiceHash.’Attackers can make a lot of money when attacking crypto exchanges due to

Industry Insights

2018 to see surge in enterprise security spending

Companies hope to stay protected from the latest threats by spending big on security in 2018, Gartner forecasts claims.Businesses are set to make 2018 a record year when it comes

Industry Insights

Global security spending to reach $96 billion in 2018

Gartner forecasts worldwide enterprise security spending to total $96.3 billion in 2018, an increase of 8 percent from 2017. Organizations are spending more on security as a result of regulations,

Industry Insights

FCA: Banks Are Under-Reporting Cyber-Attacks

UK banks have been accused by their regulator of hiding the full extent of cyber-attacks.Megan Butler, director of supervision at the Financial Conduct Authority (FCA), told attendees at the ICI