More information has emerged related to last week’s attack which saw a number of high profile Twitter accounts hijacked for the purposes of spreading a cryptocurrency scam. Twitter has already said that 130 Twitter accounts were targeted by hackers, using tools that should only have been available to the site’s internal support team.
The COVID-19 pandemic has created a huge list of challenges for businesses. One that is potentially going unnoticed or under-reported is cybersecurity. Specifically, as lockdown ends and as individuals return to offices and places of work, it may be the case that something malicious is already waiting for them on their devices. Here we take a look at the cyber risks of remote workers returning to the office.
Many organizations have Information Security Programs (ISPs), but many executives and boards do not know how to measure progress within these programs. They are therefore hesitant to believe any investment in technology will mitigate perceived or even unknown risks. Some organizations use regulated compliance standards such as PCI DSS or AICPA attestations as measures of their ISP.
The General Data Protection Regulation (GDPR) has been in effect for two years in the European Union (EU). As Americans continue to become attentive to GDPR and their own data privacy, it’s not surprising that some data protection guidelines are emerging in the United States. Indeed, it’s safe to assume that California Consumer Privacy Act (CCPA) was modeled from the EUs data privacy framework.
The demand for cloud computing has skyrocketed in recent years. Lower costs, a faster time to market, increased employee productivity, scalability, and flexibility are some of the beneficial factors motivating organizations to move to the cloud. It’s not likely that organizations will slow down with their migration plans, either.
What the heck has happened on Twitter? Twitter accounts, owned by politicians, celebrities, and large organisations suddenly started tweeting messages to their many millions of followers, at the behest of hackers. What did the messages say? Here is a typical one which appeared on the account of rapper, songwriter, and optimistic Presidential candidate Kanye West and was distributed to his almost 30 million followers.
Research into recent ransomware submissions revealed that more than a tenth of crypto-malware infections now involve some element of data theft. In the second quarter of 2020, ID Ransomware received 100,001 submissions of crypto-malware pertaining to attacks that had targeted organizations and government entities. Of those attacks, 11,642 involved the theft of victim data by their perpetrators. That’s over 11% of the attacks for that six-month period.
