The Australian Cyber Security Centre (ACSC) responded to 2,266 cyber security incidents at a rate of almost six per day from July 2019 to June 2020. These attacks not only disrupt the businesses but translate to costing the economy up to $29 billion per year which is 1.9% of Australia’s gross domestic product (GDP)....
A 30-year-old Greek national has been indicted on charges of selling insider trading tips and other proprietary financial data on darknet sites. Apostolos "The Bull" Trovias faces securities fraud and money laundering charges.
To crack down on insider fraud, organizations should consider using artificial intelligence, machine learning, data analytics, data visualization software, predictive modelling and social network analysis, says Roger Darvall-Stevens, a fraud and forensic services expert at the consultancy RSM Australia.
The Justice Department has filed seven new criminal charges against Paige Thompson, who is suspected of hacking Capital One in 2019, compromising the data of 100 million Americans, including exposing hundreds of thousands of Social Security numbers. If convicted, She now faces a possible 20-year sentence.
This edition of the ISMG Security Report features an analysis of CISA's finding that agencies could have prevented follow-on attacks after the SolarWinds supply chain attack by properly configuring firewalls. Also featured: Congressman discusses deterring nation-state attacks; insider threat mitigation tips.
Cybercriminals and nation-states are attempting to recruit insiders at companies around the world to help steal credentials and intellectual property, says Joseph Blankenship, vice president and research director at Forrester, who offers risk mitigation insights.
Securing identities in a “zero trust” environment requires applying multifactor authentication and then adding layers – and artificial intelligence can play a critical role, says Neha Monga, Microsoft’s director of product marketing for cybersecurity and data governance - APAC.
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In a decision that will have major implications for the cybersecurity industry, the U.S. Supreme Court ruled Thursday to limit the scope of the Computer Fraud and Abuse Act. Security researchers and civil liberty groups argued that the 1986 law was too broadly written and outdated for today.
In a recent research project on cyber risk management, 340 cybersecurity and IT professionals were surveyed. They were asked what their organization’s biggest vulnerability management challenge is. 42% of respondents indicated that their biggest vulnerability management challenge is tracking vulnerability and patch...
Is your team working constantly to discover and patch critical vulnerabilities across your global hybrid-IT landscape? Traditional vulnerability management solutions stop at only identifying vulnerabilities and don’t help with remediation. Security teams would prefer if they can automatically discover and categorize...
Organizations in all sectors need to build a continuous monitoring and response mechanism to defend against ransomware attacks, according to a panel of security experts from the Middle East
It's common to say, "The human element is our weakest cybersecurity link." But author and educator James Bone has a different perspective. He weighs in on the human factor and the criticality of modifying enterprise risk management strategies.
As a retired Air Force general and the former federal CISO of the United States, Gregory Touhill is well-versed in critical infrastructure protection and resiliency. Now, as the new director of CMU SEI's CERT division, he has the opportunity to help foster new levels of education and collaboration.
As CISO of Johnson & Johnson, Marene Allison was used to gauging her security posture by the top threat activity: nation-state, cybercrime, insider or hacktivist. But in 2020, they all struck at once. Here is one CISO's take on the state of the industry.
Insider threats are one of the fastest growing categories of risk across organisations today. Companies have long been aware of the insider threat problem. But few are dedicating the resources or executive attention they need to actually reduce their risk. Others may be ready to make that commitment but just don’t...
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