This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Digitaltransformation: The integration of IoT, SCADA systems, and advanced analytics has increased operational efficiency but also expanded the attack surface. Hackers used compromised credentials to gain access to Colonial Pipeline's network, deploying ransomware that encrypted critical systems.
While hackers boasted to the BBC that they had spent significant time in Co-op's network and had planned to deploy ransomware, the retailer's swift isolation maneuvers prevented full encryption of its systems. retail companies, using similar social-engineering techniques and password-reset scams.
The answer is three-fold: data encryption, strong access controls, and application security. Encrypting data at rest and in transit ensures that sensitive information remains secure even if stolen by cybercriminals. Encryption is critical to data security, rendering stolen data unreadable and unusable to unauthorized parties.
By using AI to compose phishing messages, bad actors can avoid many of the telltale signs that indicate a scam, such as spelling and grammar errors and awkward phrasing. Recently, cybercriminals have increasingly used artificial intelligence (AI) and automation to increase the volume and efficacy of their attacks.
This pilfered data, in turn, has been channeled into all manner of business scams , consumer fraud, election tampering and cyber espionage. Fortanix is in the vanguard of startups introducing advanced technologies designed to keep data encrypted as it moves back and forth through multiple cloud services. I’ll keep watch.
AI-powered social engineering makes scams more convincing, while stolen passwords enable criminals to log into corporate networks and move laterally unnoticed. Deepfakes create hyper-realistic fake videos or voices that fool people, and identity theft helps attackers pretend to be someone else to steal data.
It's slightly different from a standard ransomware attack—encrypting a user's files is a secondary concern. Essentially, leakware attacks demand victims pay a ransom to accomplish two things: recover their encrypted data and prevent confidential, sensitive information from being disseminated. What is leakware? Adopt cloud services.
The increased reliance on decentralized connection and the continued rapid expansion of digitaltransformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. “As Cryptocurrency.
67%_of malware was delivered via encrypted HTTPS connections. The EU researchers uncovered the following insightful information: 13%_increase in Windows malware detections at business endpoints globally. 71%_of organizations experienced malware activity that spread from one employee to another. docx’ file type.
The answer is three-fold: data encryption, strong access controls, and application security. Encrypting data at rest and in transit ensures that sensitive information remains secure even if stolen by cybercriminals. Encryption is critical to data security, rendering stolen data unreadable and unusable to unauthorized parties.
In the financial industry, this effect has been accentuated by rapid digitaltransformation, which has seen a huge number of new players enter the financial ecosystem. These threats include sophisticated phishing scams, complex cyber-attacks aimed at stealing sensitive customer information and ID fraud.
Unfortunately, this has also presented opportunities for criminals to capitalize on these shifting behaviors, and digitaltransformation has made this a more attractive target than ever. According to one report , 18 million Americans were defrauded through scams involving digital wallets and person-to-person payment apps in 2020.
billion worth of academic research by performing a phishing scam on university professors.” Best Practices for Digital Risk Management. Encryption of data at rest and in motion. Thales eSecurity has products and services that can help you with all of these tasks critical to reducing your digital risk.
More specifically, a “toxic combination” of accidental incidents (caused by human error) followed by attackers exploiting a vulnerability—a typical phishing scam tactic—was the top-most-mentioned attack root cause by attacker type in the EME region.
Businesses should invest in security awareness training programs not only for their employees but also for their families to establish a positive culture where everyone is invited to report mistakes, like clicking on a malevolent link.
More specifically, a “toxic combination” of accidental incidents (caused by human error) followed by attackers exploiting a vulnerability—a typical phishing scam tactic—was the top-most-mentioned attack root cause by attacker type in the EME region.
Understanding common cyber threats can help you identify and avoid scams. You can enjoy the digital world by implementing robust solutions , enabling 2FA, protecting your digital identity, updating software regularly, recognizing suspicious activity, and practicing good cyber hygiene while keeping your personal information secure.
Understanding common cyber threats can help you identify and avoid scams. You can enjoy the digital world by implementing robust solutions , enabling 2FA, protecting your digital identity, updating software regularly, recognizing suspicious activity, and practicing good cyber hygiene while keeping your personal information secure.
The ransomware attack copied and encrypted 60 GB of internal information, including ID cards, internal memos, and hospital call logs. AvosLocker uses a customized version of the AES algorithm with a 256 block size, adding the unique.avos extension to encrypted files. Despite these efforts, challenges persist.
Whether building an encryption strategy, licensing software, providing trusted access to the cloud, or meeting compliance mandates, you can rely on Thales to secure your digitaltransformation.", "url": "[link] "logo": "[link] "sameAs": [ "[link] "[link] "[link] "[link] ] }, "mainEntityOfPage": "[link] } basic
The acceleration of digitaltransformation has also left companies with less transparency and fewer relevant security insights as the implementation of multiple new services and systems led to widespread fragmentation. How to spot their scam and protect yourself. Encrypt all sensitive company data.
While the pandemic accelerated their digitaltransformation initiatives, it also expanded their threat surface and opened up opportunities for cybercriminals. In addition, telemedicine has generated a larger pool for potential phishing scams as well as other socially-engineered, and technically based, attacks (e.g., ransomware).
Expect to see AI-enabled phishing campaigns, deepfake scams, and automated attacks grow in complexity. AI-powered scams will soar: As attackers leverage commoditized AI tools, scamsespecially romance, investment, and fraudwill grow more convincing and costly.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content