Security experts and law enforcement officials have long argued that paying ransoms doesn't pay. For starters, it directly funds the cybercrime ecosystem and makes it attractive for criminals to keep launching ransomware attacks.
To help prevent cyberattacks, Bangladesh is likely to launch a computer emergency response team, or CERT, for its financial sector this year, says Debdulal Roy, executive director of Bangladesh Bank. But the timing will depend on how long the COVID-19 crisis continues.
For many organizations, digital transformation arrived over a weekend in March. Now they look ahead and wonder "what next?" re: authentication, privacy and third-party risk. In a webinar preview, RSA CTO Zulfikar Ramzan shares his vision of cybersecurity in 2021.
In a video interview, a panel of experts describes why implementing a "zero trust" architecture for the remote workforce during the COVID-19 pandemic requires redefining access control and security strategies.
After offering three large databases of compromised user data for sale on the darknet last week, a hacking group known as Shiny Hunters now is trying to sell four additional databases of information apparently gathered from data breaches, security researchers say.
Zoom has reached a settlement with the New York state attorney general's office to provide better security and privacy controls for its videoconferencing platform. Meanwhile, the company announced it's acquiring a start-up encryption company.
Hackers are attempting to sell a fresh trove of approximately 26 million user records apparently obtained from three data breaches, according to researchers at the security firm ZeroFox.
The latest edition of the ISMG Security Report analyzes the many challenges involved in developing and implementing contact-tracing apps to help in the battle against COVID-19. Also featured: A discussion of emerging privacy issues and a report on why account takeover fraud losses are growing.
Despite the need to battle COVID-19, several nations' in-development digital contact-tracing apps are already dogged by security and privacy concerns. Whether enough users will ever trust these apps to make them effective remains a major question. Is it too late to get more projects back on track?
Google and Apple on Monday released privacy and security guidelines for their jointly developed contact-tracing infrastructure. The companies note that apps developed using their APIs can only be developed by or for public health authorities - and solely to collect information to trace COVID-19 infections.
Organizations that have shifted to a remote workforce as a result of the COVID-19 pandemic should help in the battle against cybercrime by reporting all security incidents to law enforcement officials for investigation, says Brijesh Singh, inspector general of police, the government of Maharashtra.
Technology is no panacea, including for combating COVID-19. While that might sound obvious, it's worth repeating because some governments continue to hype contact-tracing apps. Such apps won't magically identify every potential exposure. But they could make manual contact-tracing programs more effective.
The latest edition of the ISMG Security Report analyzes the rising costs of ransomware attacks and the latest victims. Also featured: An assessment of Australia's new contact-tracing app designed to help battle the spread of COVID-19, and a discussion of applying the "zero trust" model to the remote workforce.
As Google and Apple prepare to offer a jointly developed infrastructure for contact-tracing smartphone apps to help fight the COVID-19 pandemic, the Electronic Frontier Foundation, a privacy advocacy group, is raising concerns about the risks involved.
With most employees working at home during the COVID-19 pandemic, it's more important than ever for businesses to ensure that their third-party providers have adequate business continuity plans in place to ensure uninterrupted service, says Srilanka-based Sujit Christy, global CISO at John Keells Holdings.
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