Australia's financial sector should brace for the potential of distributed denial-of-service attacks, the nation's top cyber agency has warned, pointing to threats from a group called the "Silence Hacking Crew."
Targeted ransomware attacks against enterprises and government agencies are likely to surge in the coming months as "ransomware as a service" continues to evolve into a lucrative model for cybercriminals, security experts interviewed at RSA 2020 warn.
Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication. And more companies also are taking a "zero trust" approach to improve identity and access management, according to two security experts interviewed at RSA 2020.
Not so long ago, many were confused about how security and privacy differ, but that has been rapidly changing, thanks to regulations such as the European Union's General Data Protection Regulation and California's Consumer Privacy Act, says attorney James Shreve, a partner at Thompson Coburn LLP.
Reducing security complexity remains one of the toughest challenges facing CISOs, driven by the non-stop increase in threats, says Jeff Reed of Cisco. Creating a sustainable solution will require advances in vendor interoperability, as well as automation and visibility, he says.
Ransomware-wielding attackers - aided by a service economy that gives them access to more advanced attack tools - are increasingly targeting organizations rather than individuals to shake them down for bigger ransom payoffs, says McAfee's John Fokker.
Development teams are increasingly building and deploying for the cloud, but DevOps practices too often fail to account for what happens after applications go from development into production and maintenance - and the ongoing security challenges they will face, says Jake King, CEO, of Cmd.
The 2016 U.S. presidential election served as a wake-up call for lawmakers and the public about the threat that cyberattackers can pose to the country's democracy, CISA Director Christopher Krebs said at the RSA 2020 conference. Election security and ransomware remain his agency's two biggest concerns.
While the cybersecurity industry has increasingly focused on the roles artificial intelligence and machine learning can play in thwarting attacks, the humans behind the algorithms remain both points of strength and weakness, says RSA President Rohit Ghai, who keynoted the RSA 2020 conference on Tuesday.