cyber risk

XDR: Unifying incident detection, response and remediation
According to IBM’s Cost of a Data Breach Report 2020, the average time it took a company in 2019 to identify and contain a breach was 279 days. It was 266 days in 2018 …

Complex cyber attacks target online retailers
Peak levels of traffic will be seen throughout the holiday shopping season as a flood of consumers turn to online channels to purchase goods, Imperva reveals. A monthly …

How the pandemic has accelerated existing risk trends
COVID-19 has reorganized the risk landscape for chief audit executives (CAEs), as CAEs have listed IT governance as the top risk for 2021, according to Gartner. Analysts said …

QakBot operators abandon ProLock for Egregor ransomware
Group-IB has discovered that QakBot (aka Qbot) operators have abandoned ProLock for Egregor ransomware. Egregor has been actively distributed since September 2020 and has so …

Attacks on biotech and pharmaceutical industry escalate
Attacks on the biotech and pharmaceutical industry had increased by 50% between 2019 and 2020, according to a BlueVoyant report. The report highlighted that nation-states are …

Consumer behaviors and cyber risks of holiday shopping in 2020
While consumers are aware of increased risks and scams via the internet, they still plan to do more shopping online – and earlier – this holiday season, McAfee reveals. …

CISOs say a distributed workforce has critically increased security concerns
73% of security and IT executives are concerned about new vulnerabilities and risks introduced by the distributed workforce, Skybox Security reveals. The report also uncovered …

Multi-cloud environments leaving businesses at risk
Businesses around the globe are facing challenges as they try to protect data stored in complex hybrid multi-cloud environments, from the growing threat of ransomware, …

Risk professionals expect a dynamic risk environment in 2021
A majority of audit and risk professionals believe the risk environment will continue to be dynamic and unpredictable in 2021, rather than returning to more stable …

Managing risk remains a significant challenge
While COVID-19 has created new concerns and deepened traditional challenges for IT, organizations with complete insight and governance of their technology ecosystem are better …

The security consequences of massive change in how we work
Organizations underwent an unprecedented IT change this year amid a massive shift to remote work, accelerating adoption of cloud technology, Duo Security reveals. The security …

The evolving role of the CTO
Since spending more time at home, my appetite for reading has increased. In fact, I recently picked up again one of my favorites – J. R. R. Tolkein’s Lord of the Rings …