Executive Summary The year 2021 saw consumers becoming accustomed to shopping, dining, traveling, learning, and caring for their health in an ever-more-digital fashion. Unfortunately, the personal data driving these experiences was put at greater risk than ever by a perfected loop of using previously breached data to drive new breaches and widen their impact. Data […]
The first quarter of 2022 in cybersecurity was more about evolution than revolution. The techniques and prevalence of ransomware attacks advanced while Russian cyberattacks continued a slow-building evolution fed by the continuing conflict in Ukraine. Our latest Trellix Threat Report includes our findings from Q1 2022 and other vital research including the evolution of Russian
The human layer continues to be the most enticing attack vector for cybercriminals. Sadly, most organizations continue to neglect this easily penetrable entry point. Throughout 2021, the world continued to see significant year-over-year increases in phishing attacks. No industry vertical, size of business or geography was immune. The human layer was under attack in both
KEY FINDINGS The cost of fraud for surveyed industries in APAC has risen sharply. On average, a fraudulent transaction costs nearly four times the lost transaction value on average now, compared to between 3.46 to 3.57 times from 3 years ago. While retail and ecommerce industries are being hit with fraud, financial institutions are getting
Social engineering is the preeminent component of the overwhelming majority of cyberattacks today. Whether the goal of a threat actor is to directly perpetrate fraud, harvest credentials, or install malware, at some point a human being must be coerced into taking an action on the actors’ behalf. This fact is the basis for Proofpoint’s People-Centric
In Q1 2022, Kroll observed a 54% increase in phishing attacks being used for initial access in comparison with Q4 2021. Email compromise and ransomware were the two most common threat incident types, highlighting the integral part played by end users in the intrusion lifecycle. Kroll continues to observe widely-publicized vulnerabilities such as ProxyShell and
Q1 2022 Threat Landscape: Threat Actors Target Email for Access and Extortion Read More »
The Association of Southeast Asian Nations (ASEAN), like other regions, has seen a large increase in threat activity aimed at Managed Service Providers (MSPs) as cyber-criminals exploit vulnerabilities in infrastructure, software and processes to access and compromise sensitive customer data. Public regulations and private cyber-insurance requirements will be among the key drivers for raising IT
ASEAN MSPs are Key to Customers’ Data Protection Read More »
Is the cybersecurity workforce growing fast enough to keep up with new threats? During the last two years, IT teams were forced to rapidly adapt to remote and hybrid work models. While the effort was challenging, the ability to adapt was a safeguard for most organizations. Unfortunately, increases in remote and hybrid work models resulted
This marks the fifth edition of the Modern Bank Heists report, which annually takes the pulse of the financial industry’s top CISOs and security leaders to provide executives with a ground truth on the changing behavior of cybercriminal cartels and the defensive shift of the financial sector. In this year’s report, 130 financial sector security
COVER FEATURE: The right DX strategy for getting ahead in the digital economy Our cover feature on digital transformation (DX) comes from a panel session with IDC and regional insights for the Asia Pacific. Although the COVID pandemic sped up many DX plans, many of those plans were already in place before the pandemic hit.
Australian Cyber Security Magazine, Issue 12, 2022 Read More »
