Security News > 2021 > March

While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion of that cost. Traditional identity fraud losses totaled $13 billion, Javelin Strategy & Research reveals.

The COVID-19 generation of remote workers are admitting to playing a significant part in increasing the cybersecurity risks facing their companies. 55% have been the target of a cybersecurity threat while working remotely over the past year, and 29% of those surveyed said their company isn't doing enough to protect them from cybersecurity threats.

Over the past twelve months, CIOs and ITDMs from across the globe have been challenged to accelerate their digital and cloud capabilities while protecting their organizations from a growing list of expanding security threats. To set up their organizations for success in 2021 and beyond, IT leaders have adapted priorities and strategy to focus on core issues including delivering secure collaboration tools to keep distributed workforces productive, maximizing technology investments from the past year, delivering the best end-use experience to employees and customers, embracing cloud and "As a Service," and tackling corporate and societal issues with technology.

SANS announced the release of a report which analyzes the data of over 1,500 security awareness professionals from around the world to benchmark how organizations are managing human risk and provides data-driven action items to mature awareness programs. "Cybersecurity is no longer just about technology but people; managing human risk. Awareness programs enable security teams to do just that by not only guiding how people think about security but how they act, from the Board of Directors on down," said Lance Spitzner, SANS Security Awareness Director and co-author of the report.

Messaging app LINE has removed Chinese affiliate's access to personal data, after infosec concerns led Japanese government officials to stop using the app. Government officials began to rethink using the app following reports of foreign access to in-country equipment.

Stellar Cyber announced that its open and highly flexible approach to the long-term storage of large volumes of security data eases concerns about storage complexity and costs seen in legacy SIEMs or some proprietary XDR solutions used by security operations centers. Stellar Cyber's intelligent SOC platform is more efficient, storing only security-relevant metadata in a scalable, elastic data lake, which reduces the amount of storage needed and makes it easier to identify anomalies more quickly.

This cloud-based software offers a simple, secure, adaptable and efficient way to issue physical and digital IDs using a single, easy-to-use platform. As organizations become more decentralized, opening the door to new requirements to securely manage and remotely issue credentials, there is an increase in pressure to maintain a safe and secure flow of data - including the data stored on physical and digital credentials.

Ecessa announced it has added several advanced security features to its latest firmware release, version 12.0.0. These advanced features enhance Ecessa's next generation firewall capabilities integrated with each of its products and further secure the company's position in the Secure Access Service Edge marketplace.

AVSystem announced integration of the Coiote IoT Device Management service with both Microsoft Azure IoT Hub and Amazon Web Services IoT Core via Lightweight M2M. Coiote is the first IoT device management platform in the industry to provide support for constrained IoT devices at scale for both cloud providers. This opens new opportunities for creating IoT services over low-power wide area network within Azure and AWS. By combining device energy savings and lower data consumption with existing cloud services, enterprises can reduce time to market and decrease costs for deploying IoT solutions and managing IoT operations.

Digital Realty announced it has expanded secure, private access to Google Cloud's global network in five key metros. Direct, low-latency interconnections to Google Cloud are available from 12 locations on Digital Realty's global platform - in Atlanta, Los Angeles and New York in North America, and in Düsseldorf, Madrid, Marseille, Paris, Stockholm, Vienna, and Zürich as well as two distinct locations in Frankfurt within EMEA. In addition, the Digital Realty Internet Exchange supports Google's Direct Peering capabilities and dedicated access to multiple third-party Internet Exchanges on PlatformDIGITAL, providing a direct path from on-premise networks to Google Cloud services.