Remove 2018 Remove Cyber Insurance Remove Data breaches Remove Internet
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Why 83 Percent of Large Companies Are Vulnerable to This Basic Domain Hack

Adam Levin

A whopping 97 percent failed to use DNSSEC , a domain security protocol designed to address core vulnerabilities in the foundations of the internet itself. Hackers were also quick to pounce on the disruption caused by the 2018 shutdown of the U.S. A Prime Target for Hackers.

Hacking 130
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You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 In September 2019, the Bureau announced that the losses from BEC scams had doubled between May 2018 and July 2019. So Isn’t BEC Just Another Form of Phishing?

Scams 130
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These are the 15 Top Cyber Threats Now

SecureWorld News

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Data Breach. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Web-based Attacks. Web Application Attacks. Distributed Denial of Service (DDoS).

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Scanning for Flaws, Scoring for Security

Krebs on Security

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? In October, FICO teamed up with the U.S. the security posture of vendor partners).

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AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS

Cytelligence

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Krebs on Security

Following the 2016 breach, National Bank hired cybersecurity forensics firm Foregenix to investigate. The company determined the hacking tools and activity appeared to come from Russian-based Internet addresses. “This is a rapidly growing area and a profit center for a lot of insurance companies,” Castagnoli said.

Banking 189
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Ransomware Prevention Guide for Enterprise

Spinone

In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42 This is quite a feat as it was only first discovered in mid-august 2018.