Many enterprises perceive cyber-attacks as malicious actions predominantly executed by external actors. Enterprises devote time and budgets investing in methods to bolster their security perimeters against external threat actors. However, it is equally important for these organizations to remember that many cyber-attacks, which cost millions in losses, originate through an internal compromise.
Technology has expanded the avenues bad actors use to steal identities and sensitive data. However, digital tools are also giving users innovative countermeasures to protect themselves. Here are seven tactics anyone can use to help prevent identity theft.
Being in a more connected environment benefits all of us, from those using social media to stay in touch with far-away relatives, to businesses enjoying the rewards of remote working. But, while connectivity is great and offers many positives, it also creates vulnerabilities. Companies that handle sensitive data may find themselves the target and victim of cyber- attacks as malicious actors look to harvest that information for their gains.
If the eyes are the window to the soul, then the Application Programming Interface (API) is the window to the software. After all, an API is a way for products to communicate with each other through a documented interface, just as the eye is a human interface, communicating with the outside world (but it’s not as well-documented as to meanings).
Every security framework recommends that an organization has a cybersecurity training program for all employees, but few give much guidance about what the program should contain. What do you train them on? What actually works? Other than checking a box on the compliance forms, are these programs useful?
Healthcare organisations in the United States are being warned to be on their guard once again, this time against a family of ransomware known as Venus. An advisory from the United States Department of Health and Human Services (HHS) has warned that the cybercriminals behind the Venus ransomware have targeted at least one healthcare entity in the United States, and are known to be targeting publicly-exposed Remote Desktop Servers.
If it seems like you’re constantly hearing about cybercrime these days, there’s a reason for that. Globally, reports of cyberattack instances increased by a staggering 125% in 2021, a trend that shows no sign of slowing. As businesses and consumers turn their attention to cybercrime and protective measures, enterprising cybercriminals continue to fine-tune their approach to exploiting vulnerabilities. In fact, cybercrime is on track to become the world’s third-largest economy.
Do you know what “fangxiao” means in simplified Chinese? Before you Google it, let me tell you that it stands for “imitate” and this is exactly what Fangxiao phishing campaign actors try to do – imitate and exploit the reputation of international, trusted brands by promising financial or physical incentives to trick victims into further spreading the campaign through WhatsApp.
In response to increasing societal concerns about the way businesses store, process, and protect the sensitive data they collect from their customers, governments and standardization organizations have enacted a patchwork of regulations and laws. Some of these are generic regulations (CCPA, GDPR), while others are industry specific (SOX, NERC, HIPAA, PCI DSS).
Artificial Intelligence (AI) is a trending topic for many industries now. A variety of organizations currently employ AI mechanisms to support their operational functions. Automated tasks, natural language processing, deep learning, and problem-solving; such AI characteristics have made business tasks much easier. The factor of security in AI is largely overlooked, and with the increasing number of cyber threats and attacks, AI security serves as a crucial element that should be paid attention to.
