Security News

The founder and CEO of NS8, a cyber fraud prevention and protection company, has been charged with fraud just months after the firm raised $123 million in funding, the U.S. Justice Department and the Securities and Exchange Commission announced on Thursday. The DoJ said Adam Rogas, 43, of Las Vegas, Nevada, was arrested and charged with securities fraud, fraud in the offer and sale of securities, and wire fraud.

One new security technology we keep hearing about is Extended Detection and Response. This new technology merges multiple prevention and detection technologies on a single platform to better understand threat signals so that you don't need to purchase, integrate, and manage various control and integration technologies.

Contact-tracing applications require employers to collect all kinds of employee health data that they never had to worry about before - temperatures, health symptoms and travel history, for example - and they aren't sure how to use and protect this data in a way that balances health and safety with privacy. To help get you started on the right path, here is a 10-point plan for securing PII, including new employee health data collected through COVID-19 contact-tracing applications and other healthcare tracking systems.

Microsoft this week announced Kernel Data Protection, new technology that aims to protect the Windows kernel and drivers from data corruption attacks. KDP builds upon the technology included by default in Secured-core PCs and adds another layer of protection for configuration data.

CBTS has announced the integration of cloud-delivered threat prevention into its CBTS Network Security as a Service. The CBTS partnership with Check Point Software Technologies, Ltd. enables CBTS to unify Check Point's industry-leading CloudGuard cloud-native security with highly customized CBTS SD-WAN solutions supporting the rapid shift to distributed application architecture and flexible work from anywhere policies.

CrowdStrike, a leader in cloud-delivered endpoint protection, announced the CrowdStrike Falcon platform is bolstering its Linux protection capabilities with additional features, including machine learning prevention, custom Indicators of Attack and dynamic IoAs. CrowdStrike delivers proven breach prevention and visibility from its cloud-delivered platform via a single lightweight agent that supports endpoints and cloud workloads on all platforms including Windows, Mac, Linux and mobile devices.

The number of workforce identities in the enterprise is growing dramatically, largely driven by DevOps, automation, and an increase in enterprise connected devices, which will only continue to accelerate identity growth, an IDSA survey of 502 IT security and identity decision makers reveals. According to the study, the vast majority of IT security and identity professionals have experienced an identity-related breach at their company within the past two years, with nearly all of them reporting that they believe these breaches were preventable.

According to the study, The Economic Value of Prevention in the Cybersecurity Lifecycle, which was sponsored by Deep Instinct, a company that uses neural networks to prevent cyber attacks, the economic value of preventing a cyberattack ranges from $396,000 to $1.37 million, depending on the type of attack. This may be because 80% respondents said that prevention is difficult to achieve because of three factors: it takes too long to identify threats before they become attacks; existing technology is not up to the task; and they lack the in-house expertise they need to prevent attacks.

Identiq uses cryptographic algorithms and preserves customer privacy while enabling companies to to identify new customers through a network of trust. An ID validation and fraud prevention startup has developed what it claims is the first and only truly anonymous peer-to-peer verification network that enables companies to work together to validate identities without sharing or exposing any personal customer data.

The situation is more complex than simply devoting a larger share of the budget and focus to fraud prevention and security: as companies find new ways to engage with their customers through new features and touchpoints, criminals find new vulnerabilities to exploit. Research and experience have showed that fraud mitigation and cutting-edge security strategies can go hand-in-hand with - and even drive - innovation, customer engagement and a great user experience.