Amid evolving cybersecurity threats during the pandemic and the fear of compliance audit failure, a research released in October 2020 by cybersecurity firm Thycotic had highlighted that 66% of organizations in Australia were planning to increase their cybersecurity budgets...
Ransomware attacks have become the talk of the town globally after cybercriminals caused severe damage to the country by disrupting operations of Colonial Pipeline and meat processing giant JBS recently. The U.S. government is taking necessary precautions on high...
Unreported cyberattacks usually return with greater risks. Most organizations avoid reporting cyberattacks citing various reasons but eventually encounter severe backlash if not disclosed. Recently, the Azusa Police Department revealed that it suffered a sophisticated ransomware attack that compromised some...
There is a critical business challenge when it comes to sharing data between entities, such that any one person or firm should not see another’s information. An example is a bank that operates an electronic market but wants to...
Cyberattacks on the health care sector are the ugly reality of today. And the pandemic may have only enhanced it. If the attack on vaccine development from state-sponsored actors was what made major headlines in late 2020, this year...
The TA505, a Russian-speaking APT group, created a buzz early last year with a devastating ransomware attack on the Maastricht University (UM) in the Netherlands. After considering all possibilities, the University’s management had ended up paying a 30 Bitcoin...
Cybersecurity is continuously evolving and cyberattacks are becoming more frequent, complex, and sophisticated, with hackers leveraging innovative attack approaches. Every minute is critical for CISOs and other security leaders during a cybersecurity incident. Unfortunately, most organizations are losing valuable...
We live in a complex globalized world that’s in the midst of a digital revolution, and that means massive changes for humanity. Digitally networked societies bring technological, economic, and human challenges – and at the same time, they’re faster...
Though government security policies may motivate organizations to boost their cybersecurity standards, ultimately it is a company’s proactive measures that prevent cyberattacks. Irrespective of size, it is about time that organizations take cyberattacks seriously and enhance their security defenses.
Recently,...
Despite the rise in identity theft across various sectors globally, some organizations are still not maintaining a robust verification process to secure their employee data. According to a survey from Specops Software, nearly 48% of organizations don’t have a...
