Displaying items by tag: Security threats

Deep tech cybersecurity start-up Tide Foundation is claiming it is curing the cyber breach pandemic with the “radical idea” of delivering 'cyber herd immunity' to any organisation.

FS-ISAC, the global cyber intelligence sharing community solely focused on financial services, says that large scale threats resulted in record-breaking peaks of intelligence sharing by financial firms across all regions from August 2020 to August 2021, including the Asia Pacific region, North America; Latin America; Europe, UK, Middle East and Africa.

Email mailboxes at thousands of organisations have been hit by more than 12 million spear phishing and social engineering attacks between May 2020 and June 2021, according to a new report on email security.

Open-source software code repository and collaboration site GitHub has announced the hiring of former US National Security Agency (NSA) lead Jacob DePriest as VP, Security Operations, to head up its Security Operations team under CSO Mike Hanley as part of continued investments in security.

GUEST OPINION by Glen Maloney, ANZ Regional Sales Manager at ExtraHop:  First released in 2013, the MITRE ATT&CK framework is a global knowledge base of adversary tactics and techniques designed to help organisations stay one step ahead of possible security threats.

Independent Study finds LogRhythm customers experience US $3.1 million in benefits over three years, including faster investigation and resolution of security incidents

COMPANY NEWS: LogRhythm, the company powering today’s security operations centres (SOCs), announced findings from a newly published Total Economic Impact study conducted by Forrester Consulting. The Total Economic Impact Study of the LogRhythm Platform revealed that organisations using the platform realise an average return on investment (ROI) of 258% over a three-year period, allowing the platform to pay for itself in less than six months.

Best practices for security have not kept pace with IT teams still treating mobile security separately to overall enterprise security practices, according to US wireless provider Verizon, which warns that mobile devices are the biggest enterprise security threat, but have not been prioritised by the IT teams.

Global organisations are struggling to maintain consistent application security across multiple platforms, and they are also losing visibility with the emergence of new architectures and the adoption of application program interfaces (APIs), according to one security solutions vendor.

Thirty-five percent of security breaches in 2020 were caused by ransomware attacks, resulting in tremendous financial cost, while between January and October last year, 730 "publicly disclosed events" resulted in over 22 billion records being exposed, according to a report from security vendor Tenable.

COVID-19 related threats are the single largest type of threat in the first half of this year, according to one security firm which says it blocked 8.8 million COVID-19 related threats, nearly 92% of which were spam delivered via emails.

With many SMEs around Australia taking their businesses online or expanding their digital footprint, some may find themselves facing the risk of card payment disputes, chargebacks and fraud for the first time, according to payment provider Mastercard.

A high percentage of security professionals lack the tools to detect known security threats and many say they are still in need of the appropriate preventative solutions to close current security gaps, according to a recent global survey.

Australian organisations continued to be plagued by ransomware and malware attacks by cybercriminals, according to global cybersecurity firm Sophos.

There has been a marked increase in predatory scammers attempting to steal personal details and commit fraud, taking advantage of Australians during the COVID 19 crisis, with National Broadband Network operator NBN Co warning of heightened security threats for remote workers.

Global ICT professional association ISACA says security incidents around the world are growing in number, with 46% of respondents to its recent survey saying they believe that their enterprises are experiencing an increase in attacks relative to last year.

More than 12.7 million high risk email threats were blocked in 2019 by one global security firm, with 11 million of the emails phishing-related, making up 89% of all blocked emails.

Business email compromise (BEC) was the most prevalent security threat in Australia in 2019, accounting for 23.6% of global attempts and placing Australia in the top two countries with the most attempted attacks - and with the healthcare sector globally remaining the most targeted industry.

By Megan Evans:

Increasing in frequency, sophistication, scale and scope, cybersecurity threats are on the rise across the globe.

By Megan Evans

SPONSORED NEWS. Increasing in frequency, sophistication, scale and scope, cybersecurity threats are on the rise across the globe.

Ransomware attacks on businesses and governments will continue at a more rapid pace, thanks to newly found security vulnerabilities, according to one global security firm which forecasts further increases in ransomware attacks and VPN “scandals” in 2020 and beyond.