IT - Security

10 Cyberattacks On The Rise During The Pandemic
InformationWeek, June 24th, 2020
Cybercrime and cyber espionage have skyrocketed during COVID-19 lockdowns. Are your work-from-home employees aware of these security traps?

"Large swaths of the global economy have shut down during the global COVID-19 pandemic, but cybercriminals haven't been taking any time off. On the contrary, cyberattacks actually spiked during the first half of 2020 with attackers finding new ways to exploit the conditions brought on by widespread lockdowns.

In a statement before the Senate Judiciary Committee, an FBI spokesperson said that the agency has seen a dramatic increase in the number of cyberattack reports..."

10 Security Changes Post-COVID-19
CSO Online, June 22nd, 2020
CISOs must anticipate burgeoning needs for distributed security scale, intelligence, and self-service

"Back in March, I heard from several CISOs about how COVID-19 was disrupting their cybersecurity programs and changing their priorities. A few weeks later, I connected with some CISO friends, and got an update on phase 2 of their pandemic journeys.

While no one knows when the coronavirus impact will end, we are getting a good perspective on what the new normal will look like. Here are ten changes I anticipate (in no particular order):..."

As governments begin lifting emergency orders, company leaders are considering policies, technology and processes that will protect their workforces

"Many of these factors rightly center around health and safety, but we must also acknowledge that all of us are still targets for cyberattacks. The new work-from-home world has poked countless holes in security perimeters, so organizations must prioritize cybersecurity preparation as well..."

Experts offer six tips about how to improve cybersecurity protection and response plans to mitigate the fallout of data breaches and attacks on sensitive information

"Many enterprise security leaders and teams struggle to get the resources needed to prevent data breaches, but the frequency of attacks and consequences of such events continues to rise. Consider some recent figures: The number of confirmed breaches in 2019 was nearly twice as high as in 2018, according to the "2020 Verizon Data Breach Investigations Report." Meanwhile, the most recent Ponemon Institute report on the subject put the average total cost of a data breach at $3.92 million in 2019, up from $3.86 million for 2018..."

Average Cost Of A Data Breach: $116M
Dark Reading, June 24th, 2020
Sensitivity of customer information and time-to-detection determine financial blowback of cybersecurity breaches

"The authors of the "Trends in Cybersecurity Breach Disclosures" report from Audit Analytics reviewed 639 cybersecurity breaches at public companies since 2011 and discovered that, on average, each cyber breach costs $116 million.

The report found that in 2019, cybercriminals usually targeted customer names, addresses, and e-mail addresses (48%, 29%, and 28%, respectively). In 2018, names and credit card information were the most-sought types of information. Between 2011 and 2019, malware (34%) was the common commonly used method to obtain data, followed by phishing (25%), unauthorized access (20%), and misconfiguration (12% percent). However, almost half (43%) of companies that suffered a data breach kept the type of attack to themselves..."

See all Archived IT - Security articles See all articles from this issue