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BankInfoSecurity.com reported that “The increasing reliance on collaboration tools such as Slack and Discord to support those working remotely during the COVID-19 pandemic has opened up new ways for fraudsters and cybercriminals to bypass security tools and deliver malware.”  The April 9, 2021 article entitled “Fraudsters Flooding Collaboration Tools With Malware” included these comments: Fraudsters are targeting these collaboration platforms as a delivery mechanism for malware so they can bypass perimeter security protections…
There are an estimated 35+ billion IoT devices at the beginning in 2021 and HelpNetSecurity.com reported that “99% of security professionals report challenges with the security of their IoT and IIoT devices, and 95% are concerned about risks associated with these connected devices.” The April 6, 2021 report entitled “99% of security pros concerned about their IoT and IIoT security” included these comments from Tim Erlin (VP of product management and strategy at…
HelpNetSecurity.com reported that “Enterprises are embracing multi-cloud architecture to prevent data loss or downtime due to a localized component failure, ensure security compliances, and meet workload requirements. The demand for the deployment of 4G/5G networks globally is also expected to increase during the forecast period.”  The March 29, 2021 report entitled “Data center market size to reach $519.34 billion by 2025” included these comments: The data center market is expected to post a…
HelpNetSecurity.com reported the comments from John Buzzard (Lead Analyst, Fraud & Security, with Javelin Strategy & Research) “The pandemic inspired a major shift in how criminals approach fraud,…Identity fraud has evolved and now reflects the lengths criminals will take to directly target consumers in order to steal their personally identifiable information.”  The March 24, 2021 article entitled “Total combined fraud losses climbed to $56 billion in 2020” included these comments: The global pandemic…
Computerworld.com reported that “We were using email in the 1970s, and we’ll still be using it in the 2070s.”  The March 17, 2021 article entitled “Email is for yesterday, today, and tomorrow” included these comments: People are still telling me that email is obsolete, that it can be replaced by SlackTeams, or Google Chat. Some folks swear they can do more over instant messaging.  Or, even better, some proclaim…
DarkReading.com reported about the Kaspersky “IT security economics part 4: managing your IT security team” that “52% of enterprises have a dedicated IT Security department while some further diversified the workforce – 20% have an internal security operations center and 14% employ a special malware analysis team.”  The March 9, 2021 report entitled “48% of Security Pros Prohibited From Intelligence-Sharing” included these key findings: High workloads (41% overall and 46% in…
HelpNetSecurity.com reported that about a study which “…highlighted major concerns for the virtual workforce, with 52% of respondents stating that identity-specific threats are keeping them up at night. For a workforce that is both remote and distributed, decision-makers expressed concern over malicious actors impersonating employees, alongside instances of inappropriate access to sensitive information.” The March 9, 2021 article entitled “A great deal of employees have inappropriate access to sensitive data” included these details:…
BankInfoSecurity.com reported that there was about “370 million in known 2020 ransomware profits – via ransoms that got paid – which represents a 336% increase over known 2019 earnings…. Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it’s been generating and the relative ease of use for attackers – including support from a burgeoning cybercrime-as-a-service market.”  The March 5, 2021 article entitled “Mark of Ransomware’s
My good friend Judy Greenwald at BusinessInsurance.com reported that Aon PLC stated that “Policyholders can expect 20% to 50% rate increases for cyber coverage throughout 2021 as trends that began last year continue at an accelerated pace,…”  The March 4, 2021 report entitled “Cyber insurance rates to increase 20-50% this year: Aon” included these comments from Aon: To maintain a commitment to long-term stable cyber capacity, insurers are reviewing areas in their portfolio…
Darkreading.com reported that “Conspicuously missing from the panel was Amazon Web Services (AWS), which declined the Senate’s invitation to testify — a snub that appeared to rile several senators on the committee. Sen. Richard Burr, R-N.C., pointed out that the attack was waged inside the US, and some secondary command-and-control nodes were hosted on AWS’s infrastructure.”  The February 23, 2021 article entitled “SolarWinds Attackers Lurked for ‘Several Months’ in FireEye’s Network” included these…