Security News > 2020 > August
Cybercrime costs organizations $24.7, YOY increase of more than $2 every minute, a RiskIQ report reveals. The report covers the top threats facing today's organizations, which are proliferating at a clip of 375 per minute, and reflects the current surge in attacks leveraging the COVID-19 pandemic.
An Iranian cyberespionage group known for targeting government, defense technology, military, and diplomacy sectors is now impersonating journalists to approach targets via LinkedIn and WhatsApp and infect their devices with malware. Detailing the new tactics of the "Charming Kitten" APT group, Israeli firm Clearsky said, "Starting July 2020, we have identified a new TTP of the group, impersonating 'Deutsche Welle' and the 'Jewish Journal' using emails alongside WhatsApp messages as their main platform to approach the target and convince them to open a malicious link."
Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. Software and services will each account for a little more than one third of all AI spending this year with hardware delivering the remainder.
The term fake news has been a part of our vocabulary since the 2016 US presidential election. As the amount of fake news in circulation grows larger and larger, particularly in the United States, it often spreads like wildfire.
North Korean government hackers dubbed the BeagleBoyz are trying to electronically rob banks, the United States warned this week. In one such successful instance, they swiped $81m from the Bank of Bangladesh in 2016, a theft previously attributed to North Korea.
Toshiba announces the expansion of the Toshiba S300 Surveillance Hard Disk Drive series. This includes a new S300 series using shingled magnetic recording technology for small and medium-sized businesses and the renaming of the conventional magnetic recording technology surveillance drives to the S300 Pro series for professional and public sector use.
Elastic announced the appointment of Paul Appleby as president, worldwide field operations. Appleby will report to Elastic founder and Chief Executive Officer Shay Banon.
Anxious to get your Linux server SSH access locked down? Jack Wallen shows you one more step you can take--one that will only take seconds.
A former Cisco Systems employee pleaded guilty this week to hacking into the networking company's cloud infrastructure and deleting 16,000 Webex Teams accounts in 2018. Webex Teams is Cisco's collaboration application for enterprises.
Cisco this week released patches for ten high-risk vulnerabilities in NX-OS software, including some that could lead to code execution and privilege escalation. Tracked as CVE-2020-3517, the first of the flaws resides in the Fabric Services component and could lead to a denial of service condition in both FXOS and NX-OS software.