Do we need a cyber NATO to address the changing threat landscape? [Q&A]
The threat landscape facing enterprises is changing constantly. In recent months, major vulnerabilities like Log4j and malware-based threats have demonstrated the need for organizations to move quickly in order to defend themselves.
Is the best way to stay on top of the most pressing threats to harness the power of the global cybersecurity community for defense in a sort of cyber NATO? We talked to SOC Prime CEO Andrii Bezverkhyi to find out.
Average cost of a data breach increases by 16 percent
A new report released today by ForgeRock shows the average cost of a breach in the US has increased by 16 percent to $9.5m, making the US the costliest place in the world to recover from a breach.
It also reveals a massive 297 percent surge in breaches caused primarily by security issues associated with supply chain and third-party suppliers and representing almost 25 percent of all breaches.
A third of mid-sized organizations don't have a cyber-incident response plan
The rise of ransomware and other attacks has pushed cybersecurity up the agenda of businesses, yet according to a new study 36 percent of mid-sized organizations don't have a formal incident response plan in place.
The report from Egnyte, based on a survey of 400 US executives conducted by Wakefield Research, also shows that the rise in cyberattacks has prompted organizations to increase focus on user access to critical data repositories.
Businesses unprepared to deal with ransomware
Ransomware attacks continue to impact organizations worldwide with high costs, but businesses are still largely unprepared to deal with them.
New data from Arcserve shows half of IT decision makers surveyed by Dimensional Research have been targeted by ransomware, 35 percent report their organizations were asked to pay over $100,000 in ransom payments, and 20 percent were asked to pay between $1 million to $10 million.
Threat of firmware attacks is a growing concern for business
New research from HP Wolf Security finds that 80 percent of IT leaders are concerned about their capacity to respond to firmware attacks.
The study shows that 67 percent of IT leaders say protecting against, detecting, and recovering from firmware attacks has become more difficult and time-consuming due to the increase in home working, with 64 percent saying the same of analyzing the security of firmware configuration.
Why we need to take the threat of cyberwarfare seriously [Q&A]
The age of what might be called the hobbyist hacker is long gone, replaced by a much more serious trend towards organized crime and nation states being behind hacking and cyberattacks.
In an era where data can be weaponized, both businesses and governments need to take the threat seriously. It's important for security teams to understand how attacks are carried out and the motivations that lie behind them.
Over half of organizations suffer cyberattacks in the cloud
A new report reveals that 53 percent of organizations have experienced a cyberattack on their cloud infrastructure within the last 12 months.
The 2022 Cloud Security Report from Netwrix shows that was the most common type of attack, experienced by 73 percent of respondents.
BEC attacks get more businesslike to trick users
Business email compromise attacks are up 53 percent over the last year and are increasingly trying to look more like legitimate emails in their use of language.
A new report from Armorblox shows 74 percent of BEC attacks are using language as the main attack vector.
Rise of the bots -- 42.3 percent of internet traffic in 2021 wasn't human
The latest Bad Bot Report from Imperva shows that bots are an increasingly significant part of the web, accounting for over 42 percent of traffic overall.
More concerning still is that bad bots accounted for a record-setting 27.7 percent of all global website traffic in 2021, up from 25.6 percent in 2020. The three most common bot attacks are account takeover, content or price scraping, and scalping to obtain limited-availability items.
Majority of Americans fear some form of cyberwarfare
The war in Ukraine has highlighted the role that the cyber world has to play in modern conflict and a new survey from NordVPN finds that 93 percent of Americans believe that another country could launch cyberwarfare against the US.
What's more, of over 1,000 consumers surveyed only 19 percent feel 100 percent confident in the government's ability to protect them, despite the fact that 70 percent rank the US as the most secure country for cyber war attacks.
IT leaders think security is lagging behind current threats
New research from Vectra AI reveals that 74 percent of respondents experienced a significant cybersecurity event in the past year.
The study surveyed 1,800 global IT security decision-makers at companies with over 1,000 employees and finds that 92 percent of respondents say that they had felt increased pressure to keep their organization safe from cyberattacks over the past year.
New platform aims to stop weaponization of phishing domains
New phishing sites are launched on a regular basis, even back in 2017 1.4 million were launching every month according to Webroot, and most of them exist for less than 24 hours.
This makes it hard for security teams to pre-empt attacks, but email and brand protection company Red Sift has come up with an answer in the launch of a new platform that proactively uncovers impersonation domains and takes them down before they can be exploited.
Evolving attack techniques target cloud-native systems
Attackers are finding new ways to target cloud-native environments according to a new report from Aqua Security's Nautilus threat research team.
While cryptominers are the most common malware observed, with increasing frequency researchers have discovered an increased usage of backdoors, rootkits and credential stealers.
Cyberattacks increase as security talent remains scarce
A new survey of more than 1,200 security leaders reveals they've seen an increase in cyberattacks while their teams are facing widening talent gaps.
According to the latest State of Security report from Splunk 65 percent of respondents say they have seen an increase in attempted cyberattacks. In addition, many have been directly impacted by data breaches and costly ransomware attacks, which have left security teams exhausted.
'RansomOps' attacks yield record returns for perpetrators
Early ransomware campaigns relied on sending out large volumes of emails in so called 'spray-and-pray' attacks.
But a new report released today by Cybereason highlights the rise of sophisticated RansomOps attacks that are allowing ransomware syndicates to reap the benefits of record profits.
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