How market forces determine data value on the dark web
We all know that following a data breach the stolen information is likely to turn up for sale on the dark web. But what's this information worth and how is its value arrived at?
Researchers at consumer website Comparitech have analyzed over 40 dark web marketplaces to find out how much credit card, Paypal, and SSN details are worth to cybercriminals.
Over a quarter of retail apps have serious security flaws
A side effect of the pandemic over the last year has been that online shopping has boomed. But a new study from Veracode reveals that 76 percent of apps in the retail and hospitality sector contain flaws, with 26 percent having high-severity issues that require urgent attention.
Compared to other industries, however, retail and hospitality ranks second-best for overall fix rate with half of flaws remediated in just 125 days, nearly one month faster than the next-fastest sector. While this may seem lengthy, half of flaws across all industries remain unfixed for much longer and some may never be fixed at all.
CISO priorities for 2021
As we move into 2021, CISOs continue to have to deal with securely connecting a remote workforce while addressing other pressing initiatives to protect their organization from an evolving range of threats.
Continuous compromise assessment company Lumu has produced an infographic based on a survey of cybersecurity leaders across North and Latin America looking at how they plan to prioritize their investments.
Rookout improves visibility into third-party code
Increasingly developers are reliant on code modules that weren't created in house and when it comes to debugging applications this third-party code can present a problem.
Now though debugging platform Rookout is announcing new functionality that makes it easier for developers to debug other people's code.
More cross-team collaboration needed to deliver digital transformation
A new global survey of 700 CIOs reveals IT leaders have growing concerns about their ability to keep up with digital transformation.
The study from software intelligence company Dynatrace shows 89 percent of CIOs say digital transformation has already accelerated, and 58 percent predict it will continue to speed up.
Cryptojacking malware increases as Bitcoin hits new highs
Researchers from Avira Protection Labs have recorded a 53 percent increase in coinminer malware attacks in Q4 2020 compared to the previous quarter.
With the Bitcoin price reaching a new all-time high earlier this month, this points to a connection between the rapid price rise and increased coinminer malware activity as criminals seek to cash in.
Over half of organizations suffer malware incidents on remote devices
According to a new report from mobile security specialist Wandera 52 percent of organizations experienced a malware incident on a remote device in 2020, up from 37 percent in 2019.
The report is based on captured data from Wandera's global network of 425 million sensors across both corporate-owned and BYOD assets, making it the world’s largest and most insightful mobile data set.
Happy Birthday Wikipedia -- 20 today
The world's biggest free encyclopedia turns 20 years old today. It has more than 55 million articles that can be accessed in over 300 languages, for free, all created by volunteers.
The Wikimedia Foundation and Wikipedia's volunteer communities are involved in developing tools and programs to expand the quantity and diversity of Wikipedia content as well as modernizing its technology to meet the needs of the future and enhancing volunteers' ability to combat disinformation with better resources and insights.
Over 22 billion records exposed in breaches in 2020
From January through October 2020 there have 730 publicly disclosed events resulting in over 22 billion records exposed worldwide according to a new report from Tenable's Security Response Team (SRT).
Of breaches analyzed 35 percent were linked to ransomware attacks, resulting in major financial cost, while 14 percent of breaches were the result of email compromises.
Why testing is vital to securing modern enterprises [Q&A]
Security testing has gained in visibility in recent years and can undoubtedly help improve the security posture of a business.
But cybercriminals frequently shift tactics and develop new ideas, so testers can’t afford to stand still and must keep up with and anticipate trends.
New tool helps businesses secure their IT assets
One of the major challenges faced by IT and security teams is that they don't have a clear picture or understanding of all their assets -- laptops, servers, cloud, virtual, and IoT.
This leads to a lot of time and effort trying to identify what they have and decide whether it complies with security policies. Device security platform Armis is launching a new standalone asset management solution that's designed to deliver better visibility.
Users flock to decentralized social media platforms in the wake of Trump ban
The fallout from Donald Trump's ban from Twitter and suspension from Facebook, and Amazon's de-platforming of Parler continues as large numbers of users have been signing up to alternative social networks.
Many of these like Gab and Mastodon are decentralized in that they run on their own servers rather than relying on the public cloud so they are not at the mercy of larger businesses.
Half of companies expect to boost IT spend in 2021
Almost half (49 percent) of companies globally expect to increase IT spending in 2021, while 19 percent expect to keep it the same and 32 percent expect it to decrease, according to a new report from Flexera.
The pandemic has had an effect too, with 57 percent saying they increased spend to-date for SaaS due to COVID, and 49 percent saying they increased public cloud spend, while 36 percent decreased spend on on-premises software.
The state of SOCs in a post-COVID world [Q&A]
The past year and the rapid changes it has brought have placed a good deal of pressure on security analysts and made their work vitally important.
A new report from Respond Software and the Ponemon Institute takes a look at the state of security operations centers (SOCs) and how they're coping.
Security incidents hit more than half of businesses storing data in the cloud
Over half (54 percent) of organizations that store customer data in the cloud had security incidents in 2020. As a result, as many as 62 percent plan to remove sensitive data from the cloud or have already done so to improve their data security.
These are the findings of a new report from Netwrix which shows the most common types of cloud security incidents in 2020 are phishing (reported by 40 percent of organizations), ransomware or other malware (24 percent), and accidental data leakage (17 percent).
Ian's Bio
Ian spent almost 20 years working with computers before he discovered that writing about them was easier than fixing them. Since then he's written for a number of computer magazines and is a former editor of PC Utilities. Follow him on Mastodon
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