Ian Barker

Cybersecurity 'ripple events' lead to 26x greater losses

A new report by the Cyentia Institute, sponsored by risk management company RiskRecon has analyzed over 800 cyber incidents and their impact on multiple downstream organizations.

It finds that multi-party loss events that impact thousands of downstream organizations, otherwise known as 'ripple events', can result in 26x larger financial losses than traditional single-party incidents.

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Education sector sees more security incidents and longer fix times

A new report from NTT Application Security shows that last year the education sector saw 408 publicly-disclosed school incidents, including student and staff data breaches, ransomware and other malware outbreaks, phishing attacks and other social engineering scams, plus a wide variety of other incidents.

This is 18 percent more incidents than were publicly-disclosed during the previous calendar year and equates to more than two incidents a day. The sector also has lower remediation rates and a higher than average time to fix.

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First half DDoS attacks up 11 percent over last year

DDoS attack

In the first half of 2021, cybercriminals launched approximately 5.4 million DDoS attacks, representing an 11 percent increase over the same period in 2020.

The latest threat intelligence report from NETSCOUT shows that in the first half of the year cybercriminals weaponized and exploited seven new reflection/amplification DDoS attack vectors putting organizations at greater risk.

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September is for raising awareness of insider threats

web threats

If you haven't been paying attention you may not have noticed that September is Insider Threat Awareness month, with the aim of educating individuals and organizations on the dangers of insider threats and the forms they can take.

Almost half of organizations say they find it difficult to prevent insider attacks according to a recent study, which means it's more important than ever to understand the risk. We've gathered comments from a number of industry experts on the nature of the threat and how to tackle it.

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Why quantum computing is a security threat and how to defend against it [Q&A]

quantum computing

Quantum computing offers incredible computing power and is set to transform many areas such as research. However, it also represents a threat to current security systems as cracking passwords and encryption keys becomes much easier.

So quantum is a security threat, but is there a solution to making systems safer? We spoke to David Williams, CEO of symmetric encryption specialist Arqit, to find out.

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Office workers understand cyber risk but still don't change their behavior

risk jigsaw piece

Nearly a quarter (24 percent) of office workers have experienced a data breach, yet 12 percent say nothing will make them take cyber security more seriously, and a third won't take extra precautions.

A survey of over 2,000 UK office staff from BlueFort Security finds 34 percent believe cybersecurity awareness is the biggest issue when it comes to hybrid working, and 33 percent cite personal use of company devices as another significant risk.

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Why SaaS security needs to have a higher profile [Q&A]

SaaS

Increasing numbers of apps are moving to an SaaS model and containers, but the security of these applications doesn't always get much attention.

We spoke to BetterCloud CEO, David Politis who believes that SaaS security is an area that businesses need to take much more seriously.

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Manufacturing data at risk from over exposure

Industrial internet of things

Data security company Varonis has released research based on an analysis of four billion files across 50 organisations in the manufacturing industry and finds that there’s a huge problem of overexposure of data in the sector.

Every employee can access, on average, six million files on their first day on the job and four out of every 10 organizations have 1,000+ sensitive files open to every employee.

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Organizations talk a good security game but fail to deliver

Organizations are prioritizing strategic security programs but are missing the capabilities they need to make meaningful changes to their security posture according to a new report.

The study by ReliaQuest, in partnership with Ponemon Research shows that 48 percent of organizations are prioritizing implementing zero trust principles as part of their security strategy.

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New risk exchange helps companies meet cyber insurance criteria

insurance key

Cyberattacks continue to be a problem for businesses and it's no surprise that cyber insurers are tightening up their requirements for policyholders to obtain new cover or to renew their existing cyber policies.

But in the past cybersecurity and cyber insurance have tended to operate in silos with insufficient coordination, leading to a misalignment between the cyber threats faced by an organization and the security measures needed to prevent them.

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Open source is fueling digital transformation

digital transformation

Developer demand for open source increased 73 percent over the last year and in 2021 developers around the world will download more than 2.2 trillion open source packages from the top four ecosystems.

The latest Software Supply Chain Report from Sonatype shows a 20 percent increase in supply too, with the top four open source ecosystems now containing a combined 37,451,682 different versions of components.

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The business case for zero trust network access [Q&A]

As the business network landscape has become more complex, many organizations are turning to zero trust network access (ZTNA) in order to boost their security. It's also replacing or supplementing older technologies like VPN.

We spoke to Kurt Glazemakers, CTO at secure access specialist Appgate who believes that there is a solid business case for ZTNA as well as a security one.

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APIs can help to solve Brexit data issues

api

New research from MuleSoft shows 54 percent of UK businesses say Brexit has presented them with data access and management challenges.

The problem isn't just a British one though. 40 percent of German and 39 percent of French businesses also report that Brexit has made it more difficult for them to access and manage data.

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2FA use grows as consumers look for better protection

A new report from Cisco's Duo Security arm shows that 79 percent of respondents report having used 2FA in 2021, compared to 53 percent in 2019 and just 28 percent in 2017.

Only 32 percent report using 2FA on all applications where available though, so there's still room for improvement.

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Data center capacity grows amid new challenges

Data center

Data centers are enjoying widespread growth while adapting to increasing complexity and challenges such as evolving efficiency and sustainability requirements, rising outage costs, an ongoing skills shortage, supply chain interruptions and more.

A report released today by the Uptime Institute shows nearly half of owners and operators surveyed report difficulty finding skilled candidates, up from 38 percent in 2018.

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