Security News
Boston- based cybersecurity firm Rapid7 announced on Tuesday that it has shelled out $335 million to acquire threat intelligence startup Intsights. Israel-born Intsights has raised more than $70 million in funding, including a $30 million Series D round in November 2019.
An attorney with cybersecurity expertise suggests the only way to stop ransomware is for nations to create a global solution. Ransomware has grown beyond a cybersecurity threat into a global menace.
The Federal Bureau of Investigation warns of threat actors potentially targeting the upcoming Olympic Games, although evidence of attacks planned against the Olympic Games Tokyo 2020 is yet to be uncovered. As the FBI explains, attacks coordinated by criminal or nation-state threat actors targeting the Tokyo 2020 Summer Olympics could involve distributed denial of service attacks, ransomware, social engineering, phishing campaigns, or insider threats.
These two threats already combine to make common encryption less secure than we like to believe and with the power of quantum computing, it will only get worse. Shor's algorithm can use quantum computing to factor large RSA numbers exponentially faster than any other method and it doesn't require a full-scale general purpose quantum computer.
Enterprise security teams need to move from the consumption of crowdsourced threat intelligence to an additional mode of contribution. We are a community with grand ideas around the concept of crowdsourced threat intelligence, but with little history or previous successes that show CTI as a viable idea.
Half of US organizations are not effective at countering phishing and ransomware threats, Osterman Research research reveals. The study asked respondents to rate their effectiveness in 17 key best practice areas related to ransomware and phishing, ranging from protecting endpoints from malware infection to ensuring prompt patching of all systems.
While the increased need for flexibility, agility, and speed continues to drive the evolution of application development and increased deployment of microservice-based architectures, many organizations have not updated their security tooling and continue to rely on traditional web application and API security tools to protect their business. "One of the biggest security challenges we are seeing today is that technologies are rapidly evolving to better serve the growing demand for digital experiences, but the security offerings that protect those technologies are not experiencing that same level of transformation - and often erode the benefits of modern technology stacks," said Kelly Shortridge, Senior Principal Technologist at Fastly.
MI5's UK Annual Threat Update 2021 from director general Ken McCallum almost mirrors the threat warnings delivered by U.S. government agencies: ransomware and IP theft in cyber, and extreme right-wing terrorism amplified by online echo chambers. McCallum's view is, "For as long as it's cheap and easy for hostile actors to try to access UK data; or to cultivate initially-unwitting individuals here; or to spread false, divisive information - they are bound to keep doing so." The UK house also needs to be got in order - and in both cases the call is for new and stronger legislation.
As COVID-19 vaccinations continue, companies embrace hybrid work, employees return to the office and the U.S. opens up, violence and physical threats to businesses are occurring at an unsettling, record-high pace, according to the Ontic Center for Protective Intelligence. The study showcases the collective perspectives of physical security directors, physical security decision-makers, chief security officers, chief information officers, chief technology officers, chief information security officers and IT leaders at American companies on how physical security challenges and opportunities are unfolding in 2021 as the country emerges from the pandemic.
Perception Point announced its Advanced Threat Protection service for Amazon Web Services environments to protect joint customers' data and stop malicious content - files and URLs - from infiltrating their Amazon Simple Storage Service buckets. Enterprises and innovative SaaS vendors are increasingly storing their internal data as well files received from external sources in Amazon S3 buckets.