Cybersecurity Matters

George Hulme lends his expert insight into the latest developments in cybersecurity

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2019 could be a record-breaking year for data breaches

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According to Risk Based Security’s 2019 Midyear Quickview Data Breach Report, there have been 3,813 separate data breaches reported through June — exposing about 4.1 billion records. That’s a 54% increase in data breaches and 52% increase in exposed records over the same period in 2018. Of the organizations that suffered a breach and could […]

Data breach costs continue to soar

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Propelled by rising amounts of data, business process digitization and regulatory fines, organizations’ data breach costs are expected to soar from $3 trillion annually to more than $5 trillion by 2024, according to a recent report from Juniper Research. Interestingly, the report, The Future of Cybercrime and Security: Threat Analysis, Impact Assessment and Migration Strategies […]

Identity management is coming to the Internet of Things

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The security of IoT Devices matters. If we’re to actually live in a world where we reap the full potential from Internet-connected devices, those devices will need to be reasonably secured. Device makers will need to take the secure design and development of their gear seriously. Device owners, meanwhile, will have to take the effective […]

Staff and IT leadership at odds over data security

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It’s no secret that employees and contractors are one of the primary causes of enterprise security events. It’s not that most insiders who cause data breaches are malicious. They’re not. They may carelessly send a cleartext email that contains sensitive information, reuse the same password across applications, or lose an unencrypted notebook or portable storage […]

Good news, bad news: A look at the Cyber Incident and Breach Trends Report

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The most recent Cyber Incident and Breach Trends Report from the Online Trust Alliance found that overall data breaches and exposed risks were down in 2018. That’s the good news. Unfortunately, the news didn’t stop there. According to the report, ransomware’s financial hit grew by 60% last year, losses from business email compromise attacks doubled. […]

Mobile security: There’s a bad app uprising

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In June, a report found a near 15% increase in blacklisted mobile apps that have been deemed dangerous by experts. This increase came after nine month of decline. The findings were part of an analysis by security firm RiskIQ, which analyzed more than two million new apps and more than 120 mobile app stores available […]

NIST proposes Secure Software Development Framework

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Ever since Bill Gates fired off his famous Trustworthy Computing memo in January 2002, developing secure software has been a hot topic of discussion. It was important before then, for sure, but it was often overlooked. It took a series of high-profile worms such as Code Red and Nimda and a series of breaches to […]

What does Microsoft’s move mean for passwords?

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The FIDO Alliance (Fast Identity Online Alliance) recently awarded Microsoft Hello, Microsoft’s Windows facial recognition system, FIDO2 certification. With this certification, Windows devices can use biometrics — such as facial recognition, fingerprint, or FIDO2 security keys — to authenticate to devices. While this news is Microsoft focused, it’s part of a broader push to depreciate […]

FBI: Internet-fueled theft, fraud, and exploitation reaches cost of $2.7 billion

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The FBI’s Internet Crime Complaint Center (IC3) published its fifth annual Internet Crime Report last month. The report, based on information gleaned from 351,936 complaints of suspected Internet crime, found more than $2.7 billion in Internet-fueled theft, fraud and exploitation for 2018. According to the report, email scams wrought the highest level of financial losses […]