The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
According to a panel of experts, protecting the Active Directory, a rich target for increasing ransomware attacks, will require organizations to audit privileged accounts and endpoints with continuous monitoring and an identity governance approach.
"There are so many basics we need to get right," says Daniel Dresner, professor of cyber security at Manchester University. In this interview, he discusses the cybersecurity practices that he recommends to make the task of securing small- to medium-sized enterprises less overwhelming.
The White House is preparing executive branch agencies to adopt "zero trust" network architectures by 2024, with CISA and the OMB overseeing the creation of technology road maps that departments must follow. This is a major component of President Biden's cybersecurity executive order.
Implementing a "zero trust" framework for the healthcare sector requires gaining board support for implementing the right access management controls, according to a panel of experts.
Cryptocurrency exchange Coinbase faces potential user trust challenges after a system error led it to send out false automated security alerts to about 125,000 customers indicating their two-factor authentication settings had been changed.
Google has removed eight fake cryptomining apps from its Play Store, but researchers at security firm Trend Micro have flagged 120 other apps on users' phones purporting to also be cryptomining. Users paid for services the eight apps never delivered.
To help balance security and user convenience, organizations should offer centralized user access to applications, says Krishnamurthy Rajesh, head of IT and information security at ICRA, an India-based credit rating agency.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
With more than 61% of breaches attributed to stolen passwords, a password manager can go a long way in helping enterprises enhance security, say Chandan Pani, CISO at Mindtree, and Lloyd Evans, identity lead, JAPAC, at LogMeIn.
Collaboration and information sharing among stakeholders - and influencing them to take a proactive approach to cybersecurity - are critical steps in fighting against cyberthreats, says Narendra Mainali, CISO of NIC Asia Bank of Nepal.
Good news on the ransomware front: The average ransom paid by a victim dropped by 38% from Q1 to Q2, reaching $136,576, reports ransomware incident response firm Coveware. In addition, fewer victims are paying a ransom simply for a promise from attackers to delete stolen data.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
Threat intelligence researchers are looking closely at REvil, the ransomware gang that infected up to 1,500 companies in a single swoop. A look at the group's online infrastructure shows clear lines to Russian and U.K. service providers that, in theory, could help law enforcement agencies but don't appear eager to...
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