Ransomware attacks in which hackers take an organization’s data hostage in exchange for money have spiraled during the COVID-19 pandemic, costing businesses an average of $4.24 million USD, according to a recent IBM report. In May, U.S. President Joe Biden enacted an executive order that will pave the way for enhanced cyber security. However, industries […]
As modern vehicles grow increasingly connected, they are becoming a boon to cyber criminals in the process. According to the AV-TEST Institute, cyber attacks targeting vehicles increased to about 1.1 billion by the end of 2020, compared to roughly 65 million a decade ago. A number of new standards, regulations, and best practices aim to […]
Modern vehicles come strapped with a variety of computerized and connected components. These features can make vehicles more appealing to drivers. However, they are also risky, because they can serve as hidden doorways for cyber criminals. Currently, there simply are not enough security features in modern vehicles to keep them invulnerable. Furthermore, as vehicles become […]
Cyber crime is on the rise. In the U.S. alone, McDonalds, Colonial Pipeline, SolarWinds, and JBS Foods were all recently forced to pay millions due to ransomware attacks that compromised their data. Former Cisco Systems CEO John Chambers predicts an onslaught of up to 100,000 ransomware attacks this year alone, which could cost organizations an […]
The demand for cyber security professionals dropped sharply a year ago. According to a recent (ISC)² 2020 Cyber Security Workforce Study report, global demand plummeted from 4 million in 2019 to 3.1 million in 2020. The decline represents a staggering 25% decrease in the 2020 cyber security workforce gap, which assesses the difference between anticipated […]
Cyber security experts tasked with securing large corporate fleets of connected vehicles face a daunting challenge. While it’s relatively easy to secure small fleets, the technology does not scale well to larger ones. For example, facial and vehicle recognition software work well in smaller fleets, but are much more expensive in fleets with a large […]
Organizations around the world are increasingly finding themselves in the crosshairs, as data breaches become more common. A 2019 case study reported an escalation of 17% over the year, with 60% of companies falling victim in the last three years. In the Asia-Pacific (APAC) region, where cities are becoming more connected through a burgeoning Internet […]
The Centre for Strategic and International Studies recently conducted a survey of IT managers and discovered that 82% of employers believe they lack cyber security skills in their organization. Out of those surveyed, 71% feel that this under preparedness causes harm to their organizations. Leveraging the latest technology might help reduce this damage. However, making […]
Microsegmentation can help keep medical devices secure and patient data safe. Healthcare organizations can accomplish this through the development of tools that monitor Internet of Things (IoT) traffic. Healthcare facilities using IoT medical devices have the ability to improve patient care and reduce costs. However, they also face the cyber security issues that come […]
Cloud security threats come in many different forms including data breaches, hijacked accounts, data loss, denial of service, and system vulnerabilities. As organizations and individuals continue to adopt the cloud, securing all of the stored information is a top priority. Companies must be aware of the risks and solutions in order to prevent serious damage. […]
