This week in cybersecurity from the editors at Cybercrime Magazine – Reserve a Spot for Closing The Gap In Cybersecurity Sausalito, Calif. – Apr. 30, 2024 Join Women In Cloud on Fri. May 17 at 10 a.m. PST for a live panel discussion with leading experts in cybersecurity to share insights on what we can do to close the gender and diversity gap in cybersecurity, why it’s so important, current opportunities to further or begin your career in cybersecurity, and how you can apply for one of 5,100 scholarships from the Microsoft Cybersecurity Scholarship Campaign. Panelists include Lisa Pl ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in Bloomberg Sausalito, Calif. – Apr. 30, 2024 Move over, Japan and Germany. The global cybercrime economy — a $10.5 trillion behemoth according to Cybersecurity Ventures (expected by 2025) — represents the world’s third-largest economy by GDP, trailing only the US and China. Populated by bad actors, the World Economic Forum describes it as “the dark underbelly of the digital era.” Although these cybercriminals are scattered around the globe, they form a well-oiled franchise in aggregate, with ransom ..read more

Non-human accounts: understanding risk, challenges in securing them, how to enhance security, and evolving strategies. – Hananel Livneh, Head of Product Marketing, Adaptive Shield Tel Aviv, Israel – Apr. 29, 2024 Organizations that take SaaS security seriously spend much of their efforts on controlling access. That might include requiring multi-factor authentication (MFA) or secure sign-on (SSO) when logging on, password complexity rules to reduce the risk of password spray attacks, or invitation expiration dates to prevent threat actors from finding old invitations and using them to access an ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Listen to the Cybercrime Magazine Podcast Interview Sausalito, Calif. – Apr. 29, 2024 Brian Bruce, a logistics manager, unwittingly fell into the clutches of a pig-butchering scam, according to a post on Binace Square last summer. Bruce invested a substantial $200,000 in cryptocurrency. The catalyst behind this decision? An online acquaintance who had reached out on LinkedIn, promising tantalizing returns as high as 20 percent. Little did Brian know that this seemingly golden opportunity would soon turn into his wor ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full National Association of Realtors Story Sausalito, Calif. – Apr. 27, 2024 Ransomware attacks on organizations occurred every 11 in seconds in 2021, and by 2031, Cybersecurity Ventures predicts the rate will increase to every 2 seconds. No business is fully immune to these attacks and their fallout, including the real estate domain. Attacks can hobble organizations, infrastructures, and even cities for days, weeks, and months, according to the National Association of Realtors. In Aug. 2023, a popular MLS ..read more

Top cybersecurity companies combat cyberattacks and data breaches – From the editors at Cybercrime Magazine Sausalito, Calif. – Apr. 26, 2024 / IncidentResponders.com Looking for the top incident responders who tackle cyberattacks and data breaches? Look no further than our annual list. Before we get to the list of incident responders, what exactly is incident response? Incident response (IR) is the effort to quickly identify an attack, minimize its effects, contain damage, and remediate the cause to reduce the risk of future incidents, according to VMware. Cybercrime Radio: Google’s ‘AI Cybe ..read more

What are the major trends in ransomware today? – Stephen Salinas, Head of Product Marketing, Stellar Cyber San Jose, Calif. – Apr. 24, 2024 Everyone has been concerned with ransomware for years now, but the landscape is always changing, so it’s important to stay up on the latest trends. Stephen Salinas, Stellar Cyber head of product marketing, sat down with Michael Crean, founder of MSSP Solutions Granted and now senior vice president of Managed Security Services at SonicWall, to get his perspective. Stephen Salinas: What are the big trends in ransomware today? Michael Crean: Our threat resear ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in CSO Sausalito, Calif. – Apr. 24, 2024 CSO reports that frustration, stress, and increased liability are only a few of the off-putting realities giving CISOs cold feet. More CISOs are dissatisfied with the role today than ever before, with studies showing that a high number of security chiefs (75 percent) are interested in a job change. What gives? Researchers, advisors and CISOs themselves cite a litany of reasons for the current discontentment, ranging from a lack of executive support to ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in the Hacker News Sausalito, Calif. – Apr. 23, 2024 While many people tend to focus on understanding how and why they were targeted by security breaches, there’s a larger, more pressing question, according to The Hacker News: What is the true financial impact of a cyberattack? According to research by Cybersecurity Ventures, the global cost of cybercrime is projected to reach an astonishing $10.5 trillion USD annually by 2025, which marks a dramatic increase from the $3 trillion USD reported in 2015 ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in Security Infowatch Sausalito, Calif. – Apr. 19, 2024 In a Security Infowatch article, Shailesh Rao, president of the Cortex division at Palo Alto Networks, observes that chief information security officers must evolve their cyber strategies as future threats loom. Gartner predicts that 40 percent of enterprise applications will have embedded conversational AI by 2024, up from less than 5 percent in 2020. The analyst firm also cited that by 2025, 30 percent of enterprises will have implemented an AI ..read more