Security News
A 29-year-old man in Ukraine was arrested this week for using hacked accounts to create 1 million virtual servers used to mine $2 million in cryptocurrency. By using the computing resources of others' servers to mine cryptocurrency, the cybercriminals can profit at the expense of the compromised organizations, whose CPU and GPU performance is degraded by the mining.
This relatively low percentage reflects the current state of the industry, where vCISO services are still an emerging market. The vCISO landscape is expected to change dramatically by the end of 2024.
Microsoft is working on creating guidelines for red teams making sure generative AI is secure and responsible.
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As the digital revolution changes the claims process, both carriers and customers are increasingly concerned about data privacy, according to LexisNexis Risk Solutions. "Especially among younger age demographics, digital claims channels are becoming increasingly popular, but growth in self-service options among insurers absolutely must be met with investments in tools to mitigate digital identity fraud. Insurers with a multi-layered approach to mitigating digital identity fraud experience fraud costs that are 25% lower than those who do not, according to our research," added Sheehan.
Hence the popularity of Virtual Chief Information Security Officer services. Most service providers only offer a portion of overall CISO duties.
Patching is a long and arduous process - Developing permanent fixes takes 60 days on average, even for critical vulnerabilities. Deploying even a single patch across the architecture takes 12 days on average.
Citrix Systems has released security updates for vulnerabilities in its Virtual Apps and Desktops, and Workspace Apps products. Citrix products are widely used by organizations worldwide, so it's critical to apply the available security updates to prevent intruders from having an easy way to escalate their privileges on breached systems.
The Measure & Share Storage Virtual Fabric addresses a specific and critical need within the DoD to improve the efficiency and effectiveness of cyber testing, allowing accurate information sharing across organizational and classification enclaves. The Me&S Storage Virtual Fabric will enable the DoD to securely ingest, store, manage, analyze and share data in support of its cyber testing operations.
In particular, NCA and several of its partners are hosting Data Privacy Week virtual events where you can listen to data security experts, learn about today's most pressing data privacy issues, and even share some of your own tips and advice. Keep in mind that Data Privacy Week and Data Privacy Day are both widely recognized events in the data and security spaces, so other technology and security leaders may be hosting similar events.