The recent IBM 2019 Cost of Data Breach survey found that the cost of a data breach had risen 12% over the past 5 years to $3.92 million on average. While 51% of the data breach attacks were attributed to malicious or criminal actors, a stunning 24% of the breaches were caused by negligent employees or contractors. The report also notesed that the 51%...

A joint investigatory effort neutralized more than 850,000 unique infections of Retadup, a worm known for targeting Windows machines in Latin America. In March 2019, Avast came across an interesting cryptomining payload that arrived with a advanced stealthy process hollowing implementation. The security firm decided to look into what means of...

Security researchers have released a decryption tool which victims of Syrk ransomware can use to recover their files for free. Emsisoft found that Syrk arrived with its own decryptor, but the security firm decided to release its own utility for three reasons. First, it found that the crypto-malware was still in development, which could mean that...

The cloud is a tremendous convenience for enterprises. Running a data center is expensive – doing so not only requires buying a lot of servers, cable and networking appliances but also electricity, labor costs, cooling and physical space. Services like Amazon’s AWS, Microsoft’s Azure, Oracle’s Cloud and Google’s Cloud Platform give businesses the...

Industrial control systems are essential to the smooth operation of various national critical infrastructure. While once segmented from the web, these systems are now becoming increasingly more networked and remotely accessible as organizations transform to meet the digital age. This development potentially exposes industrial control systems to...

For the 14th consecutive year, IBM Security released its annual Data Breach Report that examines the financial impact of data breaches on organizations. According to the report, the cost of a data breach has risen 12% over the past 5 years to $3.92 million per incident on average. These rising expenses are representative of the multi-year financial...

Massachusetts General Hospital (MGH) announced that it learned of a privacy incident involving its Department of Neurology. MGH said that it learned on 24 June 2019 of an instance where someone gained unauthorized access to databases related to two computer applications used by its Neurology...

It's no secret that there are a lot of websites on the internet hosting malicious content whether they be phishing pages, scams or malware itself. Every day we hear of new attacks, there's a common denominator of either a user having clicked on a link to a fraudulent website or a site having played host to code that pulled a malicious payload down...

Visa unveiled a suite of new security capabilities designed to help detect fraud and disrupt threats targeting financial institutions and merchants. At its U.S. Security Summit 2019, the multinational financial services corporation announced that the new capabilities will be available to all Visa...

Headlines continue to suggest that organizations’ cloud environments make for tantalizing targets for digital attackers. Illustrating this point, the 2019 SANS State of Cloud Security survey found "a significant increase in unauthorized access by outsiders into cloud environments or to cloud assets" between 2017 (12 percent) and 2018 (19 percent)....

What if your job was to break things repeatedly in order to make them work better? Sounds like the dream of every curious six-year old, but it's actually an emerging software engineering trend based in the transition from devops to devsecops. It's designed to test systematic limitations with the goal of improving security and performance under any...

Cloud computing has transformed the IT industry, as services can now be deployed in a fraction of the time that it used to take. Scalable computing solutions have spawned large cloud computing companies such as Amazon Web Services (AWS), Google Cloud and Microsoft Azure. With a click of a button, personnel can create or reset entire infrastructure...

Just as you would map a hike or climb by creating waypoints you plan to hit each day, you must plan your vulnerability management process by creating similar goals. We call these goals Maturity Levels, from ML0 to ML5, as we defined them in the last blog. You have your asset inventory from an open-source tool, asset tracking database or maybe your...

Even though the healthcare industry has been slower to adopt Internet of Things technologies than other industries, the Internet of Medical Things (IoMT) is destined to transform how we keep people safe and healthy, especially as the demand for lowering healthcare costs increases. The Internet of Medical Things refers to the connected system of...

As a Professional Services Consultant, I have the pleasure of traveling all around the globe meeting clients and talking to a wide variety of IT security professionals who form the front line of defence against malware. One of my favorite topics is how people got their start in their careers in IT, but when I start discussing my own early years and...

Police recovered over $300,000 stolen by phishers from Spotslyvania County Public Schools in Spotslyvania County, Virginia. On 15 August, Virginia State Police announced that it had reclaimed over half the amount of money stolen in a phishing attack against the Spotslyvania County Public Schools. The...

The IoT Threat Landscape As technology continues to pervade modern-day society, security and trust have become significant concerns. This is particularly due to the plethora of cyber attacks that target organizations, governments and society. The traditional approach to address such challenges has been to conduct cybersecurity risk assessments that...

A biometrics system used to secure more than 1.5 million locations around the world - including banks, police forces, and defence companies in the United States, UK, India, Japan, and the UAE - has suffered a major data breach, exposing a huge number of records. South Korean firm Suprema runs the web-based biometric access platform BioStar 2, but...

Researchers identified a large-scale cryptocurrency miner infection in which a new malware family called "Norman" took part. The Varonis Security Research team made the discovery while investigating a cryptominer infection at a mid-sized company. Here's what they found through this effort: Almost every server and workstation was infected with...