Security News
Don't login to company websites via emails or texts. If a company wants or needs you to login to your account, you should already know how to access your account from the company's own site or app.
Cybersecurity company Indusface that holds expertise in keeping applications over the internet secure has decided to step up and do our bit to the society. During this unprecedented time, Indusface has announced to support organizations affected by COVID-19 by offering professional cybersecurity protection to their online businesses at free of cost for at least a month.
The COVID-19 pandemic is just the latest in a line of recent risk events showing how organizations are not properly set up to manage risk, especially fast-moving ones. "Traditional approaches fail because they can't effectively deal with fast-moving and interconnected risks. Pandemic is a rapidly developing type of risk that needs a dynamic risk management set-up," said Malcolm Murray, vice president and fellow, research for the Gartner Audit and Risk practice.
KEEN is providing shoes to people most impacted by the COVID-19 pandemic, but their website was bombarded by malicious bots. The coronavirus pandemic is affecting every aspect of our lives and dozens of companies are chipping in to help those affected most by the current crisis.
Preying on public fears, the ongoing coronavirus outbreak is proving to be a goldmine of opportunity for attackers to stage a variety of malware attacks, phishing campaigns, and create scam sites and malicious tracker apps. Now in a fresh twist, third-party Android app developers too have begun to take advantage of the situation to use coronavirus-related keywords in their app names, descriptions, or in the package names so as to drop malware, perpetrate financial theft and rank higher in Google Play Store searches related to the topic.
There has been a steady increase in the number of coronavirus COVID-19-related email attacks since January, according to security firm Barracuda Networks, but researchers have observed a recent spike in this type of attack, up a whopping 667% since the end of February. "The attacks use common phishing tactics that are seen regularly; however, a growing number of campaigns are using the coronavirus as a lure to try to trick distracted users to capitalize on the fear and uncertainty of their intended victims," the company said.
The spread of the coronavirus has forced more people to work from home to avoid close contact with others. SEE: How to work from home: IT pro's guidebook to telecommuting and remote work.
The attackers are changing DNS settings on Linksys routers to redirect users to a malicious website promising an informative COVID-19 app, says security provider BitDefender. Phony coronavirus maps are being created with malware as the payload. And as more people work from home, a new type of attack is targeting home routers to spread a malicious coronavirus-themed app, according to a blog post published Wednesday by BitDefender.
Cybercriminals are hijacking routers and changing Domain Name System settings, in order to redirect victims to attacker controlled sites promoting fake coronavirus information apps. This latest attack shows that hackers are becoming more creative in how they leverage the coronavirus pandemic.
The COVID-19 coronavirus outbreak will likely have an impact on early-stage venture investment in cybersecurity, but investors and industry professionals are optimistic. "Angels will likely tighten their purse strings to preserve personal assets while the economic impact of the current pandemic remains unknown. However, venture capital money is still available as are the quality founders seeking capital to build great companies. We expect to see the trend of fewer deals continue along with downward valuation pressure. Downturns in the economy can be very active times for select venture capital firms as they view this as a time to get better valued deals."