Recently, McAfee released a new global report entitled “The Hidden Costs of Cybercrime.” As the name suggests, the report examines the financial and underreported impacts of cyber-threats. According to the findings, cybercrime losses cost the global economy upwards of $1 trillion; this is equivalent to 1 percent of global GDP and a 50 percent increase since 2018.
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Archives: News
IT security under attack: A typical day in the life of an IT admin or security analyst
IT security professionals are expected to know everything. Most of them are self-taught and have learned on-the-job. Over time, experience has turned them into battle-hardened soldiers. The pressure is real, as they are responsible for the configuration, administration and, most importantly, the security of the entire infrastructure.
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Why microlearning is the key to cybersecurity education
To mitigate the threat to their networks, systems and assets, many organizations perform some type of annual cybersecurity awareness education, as well as phishing simulations. Unfortunately, attackers are quick to adapt to changes while employees’ behavior changes slowly. Without a dramatic shift in how we educate employees about cybersecurity, all industries are going to see a rise in breaches and costs.
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Cybersecurity report: Average household hit with 104 threats each month
In recent months, organizations around the globe have adopted remote work policies to mitigate the spread of COVID-19. Many schools and universities have also switched to online learning curricula during the coronavirus pandemic. At the same time, cyberattacks have surged as cybercriminals attempt to exploit vulnerabilities in technical infrastructure vulnerabilities in the age of remote work and virtual learning.
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Cybercrime is maturing. Here are 6 ways organizations can keep up
In 2020, the world has experienced many challenges. Among them, hastened digitalization has brought new opportunities but also new risks. According to the World Economic Forum Global Risks Report 2020, cyberattacks rank first among global human-caused risks and RiskIQ predicts that by 2021 cybercrime will cost the world $11.4 million each minute.
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Increased Threat of Cybercrime in Healthcare Industry
The Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the U.S. Department of Health and Human Services (HHS) are aware of an increased cybersecurity threat to hospitals and healthcare providers in the U.S.
Cybercrime: It’s Not About How, But Why?
The tools hackers use are utilitarian and more often take advantage of the weaknesses of people or systems around a target, than taking direct action that would reveal the actual objective. Focusing on the how also doesn’t accurately point to the risks that organizations face.
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83% Of Enterprises Transformed Their Cybersecurity In 2020
The overwhelming majority of enterprises have transformed their cybersecurity approach over the last six months, with 83% of large-scale enterprises leading all organizations.
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The Important Difference Between Cybersecurity And Cyber Resilience (And Why You Need Both)
Cyber threats like hacking, phishing, ransomware, and distributed denial-of-service (DDoS) attacks have the potential to cause enormous problems for organizations. Not only can companies suffer serious service disruption and reputational damage, but the loss of personal data can also result in huge fines from regulators.
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Old Dominion University Launches Cybersecurity School
ODU’s Center for Cybersecurity Education and Research is now the School of Cybersecurity, and it opened on Oct. 1, expanding degree options for a program that has grown from 11 students in 2015 to around 800 in 2020.
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