Leading the latest edition of the ISMG Security Report: CipherTrace CEO Dave Jevans discusses recent research on cryptocurrency money laundering and whether regulation is possible. Plus, California passes a new privacy law.
Patch management problem: Organizations must identify and fix all new vulnerabilities in their software and hardware as quickly as possible. Unfortunately, on average, attackers keep exploiting flaws faster than they're being patched, says Tenable's Gavin Millard.
In the age of GDPR, more organizations are looking to data classification - including more automated techniques for doing so - as a way to not only help them protect their crown jewels, but in the case of a breach quickly identify what went missing, says Digital Guardian's Tony Themelis.
If 2017 was the year of ransomware innovation, 2018 is well on its way to being known as the year of cryptocurrency mining malware. Numerous studies have found that the most seen malware attacks today are designed for cryptojacking. But while ransomware campaigns may be down, they're far from out.
Police recently arrested the suspected administrators and top users of the stresser/booter service Webstresser.org. Unfortunately, the plethora of such services means the world is unlikely to see a reduction in DDoS attack volumes, says Darren Anstee of Arbor Networks.
While there is little doubt about the potential use cases of blockchain technology in the information security space, many security practitioners have yet to fully understand its practical applicability in the right areas.
With endpoint security, the fundamental concept was always to detect and prevent. Mature security strategies today are increasingly looking at response and remediation as well to complete the cycle, says Shrenik Bhayani of Kaspersky Lab.
The Virtual ID system that can be used in lieu of Aadhaar number for identity verification is now operational across banks and enterprises. However, UIDAI has extended its migration deadline to Aug. 31 to enable all organizations to be ready. Experts weigh in on the enterprise readiness for Virtual Aadhaar.
To have any hope of keeping up "with the exponential rise in variants in malware," organizations must reduce their attack surface, in part by using technology designed to learn what attacks look like and respond as quickly as possible, says Cylance's Anton Grashion.
Businesses undertaking digital transformation - typically involving a push to the cloud, amongst other initiatives - must put security first if they want their project to achieve optimum success, says Fortinet's Patrick Grillo.
Open source software components may be free, but that doesn't automatically make them safe to use. "There can be risks involved," says Steve Giguere, of Synopsys, who says these risks are often compounded by the pressure to deliver goods to market quickly and with new features.
The difficulty in hiring new information security personnel and need to combat the ever-rising number of threats is driving many organizations to seek increased incident response automation, and in many cases to get it by working with managed security service providers, says AlienVault's Mike LaPeters.
As organizations move more data into the cloud, too many are treating security as an afterthought, says Outpost24's Bob Egner. Instead, as part of an agile development program, he recommends making penetration testing a constant, and using solid DevSecOps to maintain optimal cloud data security.
Much more must be done to shore up the U.K.'s national infrastructure. "It's partly austerity, and it's partly what's happening in the global economy, but we've really seen an underinvestment, specifically in the critical national infrastructure," says LogRhythm's Ross Brewer.