Many organizations across the U.K. are tackling the three main factors behind digital transformation: cloud technology, IoT, and employee mobility. However, one downside to increased digitization is how this opens an organization up to the potential for more cyberattacks, which isn’t too surprising when you consider an expanded digital presence equates to an expanded attack surface.
Cyber-attacks against maritime and shipping organizations are only increasing. Notwithstanding the IMO’s requirement for organizations in this sector to achieve cyber resilience by 2021, more and more entities are being crippled by malicious attacks.
Distributed denial of service (DDoS) attacks are a favorite method for attackers to disrupt or debilitate firewalls, online services, and websites by overwhelming systems with malicious traffic or transaction requests. DDoS attackers accomplish this by coordinating an army of compromised machines, or 'bots', into a network of devices they control from a remote location that focus a stream of activity toward a single target.
A report revealed that scammers requested funds in the form of gift cards in two-thirds of business email compromise (BEC) attacks. For a phishing trends report from the Anti-Phishing Working Group (APWG), APWG member Agari examined thousands of BEC attacks that occurred in the second half of 2020. It found that 66% of them involved gift cards. By contrast, direct bank transfers factored in just 18% of attacks, followed close behind by payroll diversions at 16%.
Gone are the days when security teams could focus all of their efforts on keeping attackers out of the network. There’s no inside or outside anymore. The modern network is porous; it allows greater numbers and types of devices to connect to it from all over the world. This characteristic might serve organizations’ evolving business needs as they pursue their respective digital transformations. But it complicates their security efforts.
After the global outbreak of coronavirus 2019 (COVID-19), organizations quickly transitioned to remote work in order to enforce social distancing and to keep their employees safe. But this work-from-home arrangement opened up organizations to more risk as well as less redundancy and resilience.
As the COVID-19 pandemic rages on, many educational institutions have been forced to shift their on-campus classes to online classes. Various EdTech platforms have also launched free classes that have prompted students to try their hands on digital education. With more students turning to online learning than ever, these platforms have emerged as a lucrative target for cybercriminals.
With an estimated 37.9% of all internet traffic attributed to bots, and bad bots accounting for more than 50% of that, retailers and financial organizations are struggling to defend against a constant barrage of account takeovers, credential stuffing, card cracking attacks and fake account creation.
Technology and cyber systems have become essential components of modern society. Despite the benefit of cyber technologies, insecurities arise. These could affect all systems and infrastructures. More than that, the threat of a cyberattack could very well have a transnational component and effect as worldwide systems become increasingly interconnected.
Drive-by download attack is one of the most popular methods employed by hackers nowadays. What is it? How can you protect your organization from it? Keep reading to learn! Malware attacks have been preserving their popularity amongst the hackers for a while. They are relatively easy to implement when targeting medium to small scale organizations, they can go unnoticed for a very long time and extract information from the target quietly.
