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Cybersecurity / News Briefs

Cyber Risk Now on Top of Corporate Risk Agendas, Cyber Insurance Expanding

Results from the 2019 Marsh-Microsoft Global Cyber Risk Perception survey indicates several encouraging signs of improvement in the way organizations view and manage cyber risk.

The Insecurity of the IoT is Only Getting More Profound, Says Principal Researcher at F-Secure

"Three years after Mirai first appeared, and two years after WannaCry, it shows that we still haven't solved the problems leveraged in those outbreaks," said F-Secure Principal Researcher Jarno Niemela.

Phishing Attacks Targeting Executives Now Top Cybersecurity Insurance Claims, Says AIG

A new report published by the insurance giant, AIG, claims phishing attacks via email, often targeted at senior executives, has overtaken ransomware.

There’s a Full-On War for Cybersecurity Talent, CEOs Forking Millions to Fill Roles

With companies realizing the threat of hefty fines, lawsuits, and executive resignations that can follow security breaches, companies are scrambling to scoop up scarce security experts.

Close to 200K Phishing Domains Discovered in a 5-Month Span, 66% Targetted Consumers, Akamai Reports

Between December 2, 2018 and May 4, 2019, 197,524 phishing domains were discovered, 66% of which directly targeted consumers according to the latest State of the Internet report by Akamai.

A Seattle Woman Charged With Capital One Data Theft Affecting 106 Million People

Major US bank Capital One Financial Corporation confirmed Monday evening that unauthorized access was made by an outside individual who obtained "certain types of personal information" on credit card products and Capital One credit card customers.

A 60% Rise Reported on Malware Designed to Harvest Consumers’ Digital Data, aka Password Stealers

A significant rise has been detected in the use of malware aimed at harvesting consumer data, known as password stealers.

Equifax Announces Comprehensive Consumer Settlement for the 2017 Data Breach

Equifax has announced a comprehensive resolution for its 2017 cybersecurity incident that includes a fund of up to $425 consumer fund.

Majority of Popular Mobile-Only VPNs Are Run by Chinese Nationals or Located in China

While the current VPN market appears to be filled with numerous products by various companies, recent research that took a closer look into the market revealed very unexpected results.

Mozilla Named “Internet Villain” for Supporting DNS-Over-HTTPS by a UK ISP Association

Mozilla was nominated as one of the three ISPAUK's 2019 Internet Villains for their proposed approach "to introduce DNS-over-HTTPS in such a way as to bypass UK filtering obligations and parental controls, undermining internet safety standards in the UK."

Florida Cities Are Paying Hundreds of Thousands of Dollars in Ransom to Get Their Data Back

Lake City became the second Florida city to pay a substantial ransomware demand to hackers in less than a week.

Demand for Cybersecurity Workers in the United States Has Nearly Doubled Since 2013

Cybersecurity job postings in the United States has nearly doubled since 2013 and is growing three times as fast as other IT roles, according to a new report from the labor market analytics firm Burning Glass Technologies.

United States Steps Up Digital Incursions Into Russia’s Electric Power Grid, According to NYT

The United States has shifted its Russia strategy more toward offense and inserted potentially crippling malware inside Russia's electric power grid at a depth and with an aggressiveness that had never been tried before, according to a New York Times's story that broke over the weekend.

Notorious Hacker Group XENOTIME Expands Its Targeting Beyond Oil and Gas to Electric Utility Sector

XENOTIME, the notorious group behind what is regarded as the most dangerous malware targetting industrial control systems has expanded its targeting beyond oil and gas to the electric utility sector.

Use of DNS Firewalls Could Have Prevented More Than $10B in Data Breach Losses Over the Past 5 Years

New research from the Global Cyber Alliance (GCA) released on Wednesday reports that the use of freely available DNS firewalls could prevent 33% of cybersecurity data breaches from occurring.