Security News > 2020 > October
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A failing cybersecurity market is contributing to ineffective performance of cybersecurity technology, a Debate Security research reveals. Trust in technology to deliver on its promises is low, and yet when asked how organizations evaluate cybersecurity technology efficacy and performance, there was not a single common definition.
Through most of 2020 bans on Chinese apps have meant geopolitical strife, but China yesterday revealed it has started banning some of its own apps. A ban on 34 apps was among the nuggets of news revealed, with their banishment from local app stores the result of a departmental trawl of 320,000 apps offered in local download-marts.
Key findings Between 2015 and 2019, the number of reported cyberattacks that used machine identities grew by more than 700%, with this amount increasing by 433% between the years 2018 and 2019 alone. From 2015 to 2019, the number of vulnerabilities involving machine identities grew by 260%, increasing by 125% between 2018 and 2019.
Akamai published a report detailing criminal activity targeting the retail, travel, and hospitality industries with attacks of all types and sizes between July 2018 and June 2020. Between July 2018 and June 2020, more than 100 billion credential stuffing attacks ere observed in total.
Operator‑billed revenue from 5G connections will reach $357 billion by 2025, rising from $5 billion in 2020, its first full year of commercial service, according to Juniper Research. By 2025, 5G revenue is anticipated to represent 44% of global operator‑billed revenue owing to rapid migration of 4G mobile subscribers to 5G networks and new business use cases enabled by 5G technology.
Taiwanese chip-maker United Microelectronics Corporation will plead guilty to theft of trade secrets from Micron Technologies and pay a $60m fine to the USA. The case was brought in 2018 when the US Department of Justice alleged that UMC and Chinese outfit Fujian Jinhua Integrated Circuit conspired to steal Micron's DRAM technology, including details of manufacturing processes, in order to start their own DRAM business. The DoJ acted against UMC under its "Initiative to Combat Chinese Economic Espionage", a Trump administration programme that aims to protect American intellectual property and lets the US government enforce forfeitures and fines.
Source Defense announced its new offering of Website in Page Protection, as well as product enhancements and performance improvements to the VICE sandboxing technology within the Source Defense Platform. The Source Defense Platform protects online businesses and their customers from automated attacks and client-side threats, and improves operational efficiency.
Ubiq Security unveils API-based encryption platform for developers, reducing encryption complexities
Ubiq Security announced the launch of its API-based encryption platform for developers. Ubiq has eliminated the traditional complexities of encryption, allowing developers and information security teams - even those without encryption or cryptography expertise - to integrate data encryption directly into applications in minutes, with nothing more than a few lines of code and two API calls.
QuintessenceLabs formally expanded their suite of quantum security solutions, introducing the qStream Plus entropy enhancer to their growing portfolio. qStream Plus combines the power of the world's fastest quantum random number generator qStream, with software that seamlessly and automatically enhances the level of entropy in your network.