In the first few months of the pandemic, cloud-based cybersecurity attacks increased by 630% with attackers making the most of the vulnerabilities of a rushed effort for staff to work from home. However, shock-worthy statistics like this don’t paint a clear picture of the cybersecurity realities of remote working. The truth is that 44% of […]
Data breach incidents hit unprecedented levels over the last year as businesses were forced to rapidly transition to a remote-first work environment, according to a new report. The latest edition of IBM’s annual Cost of Data Breach report estimates that data breaches now cost companies an average of $4.24 million per incident, which is the highest […]
Aqua Security on Thursday released a report which found that only 3% of respondents surveyed recognize that a container – in and of itself – does not function as a security boundary, indicating that 97% are unaware of basic container security principles, often overestimating the default security properties of containers. Amir Jerbi, co-founder and CTO at […]
Is China primed to become a global hot spot for ransomware and other cybercrimes? That question was sparked by a White House statement this week accusing Beijing’s Ministry of State Security of contracting with criminal gangs for some of its hacking work and turning a blind eye to their cybercrimes for profit. Among the cybercrimes […]
The US Army has awarded cybersecurity firm Axellio a follow-on contract worth $25.7 million to improve the service’s capabilities in detecting and responding to various cybersecurity threats. Under the contract, the American company will provide packet capture node systems to additional sites for three more years. This contract is an extension of the 2020 agreement […]
Charles Carmakal has a problem: Ransomware has become so prolific that he has too much business. “We’re getting calls from organizations almost every single day,” Carmakal, the chief technology officer at the cybersecurity giant Mandiant, said in a phone call. “We’re barely able to keep up.” And that was before cybersecurity professionals had to deal […]
The gang behind a “colossal” ransomware attack has demanded $70m (£50.5m) paid in Bitcoin in return for a “universal decryptor” that it says will unlock the files of all victims. The REvil group claims its malware, which initially targeted US IT firm Kaseya, has hit one million “systems”. This number has not been verified and […]
BEIJING, July 5 (Reuters) – China’s cyberspace watchdog said on Monday it is investigating online recruiter Zhipin.com, and truck-hailing apps Huochebang and Yunmanman, ramping up a crackdown on the mainland’s tech companies amid tightened regulations on data security. The announcement comes a day after the Cyberspace Administration of China (CAC) ordered a suspension of app […]
Digital transformation is at the heart of every industry. There are no longer any industries that are immune to the rapid adoption of this movement. When we think of the construction industry, we may think back to an image of ironworkers sitting over a city and enjoying a lunch break on a construction beam. However, rapid digitalization has […]
Virtually all businesses experienced at least one cloud data breach in the past 18 months, a new survey has claimed. Conducted by IDC on behalf of cloud infrastructure security company, Ermetic, the survey discovered that 98% of the surveyed companies admitted to experiencing at least one cloud data breach in the past 18 months, compared to 79% […]