The Cybersecurity Threat No One Talks About Is A Simple Code

Just as the pandemic has accelerated digital transformation by the necessity of protecting peoples’ lives quicker than any business case could ever match, QR codes’ renaissance is just as surprising to many businesses who had written them off. What makes QR codes such a stealthy, dangerous threat vector is how trusted and misunderstood they are.
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‘We are outnumbered’ — cybersecurity pros face a huge staffing shortage as attacks surge during the pandemic

The push to work from home during the coronavirus pandemic is straining cybersecurity professionals around the country tasked with ensuring workers are able to not only work efficiently from remote locations — but to do so safely. This rapid shift is a tall order for an industry that was already in need of skilled professionals long before the pandemic took hold.
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How the shift to remote working has impacted cybersecurity

Triggered by the coronavirus lockdown, the abrupt transition to a work from home (WFH) venue forced organizations to scramble to support a larger remote workforce. Such a quick shift means that certain security measures and requirements inevitably fell by the wayside. At the same time, cybercriminals found a new opportunity for attack with remote workers and improperly secured connections and technologies. Together, these trends have created a more vulnerable environment affecting the cybersecurity defenses of many organizations.

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US says it has seized millions in cryptocurrency meant to fund terrorist groups

The US Department of Justice says it has dismantled three online fundraising campaigns involving terrorist organizations, including Al Qaeda, ISIS, and the al-Qassam Brigades (Hamas’ military wing). In doing so, the DOJ seized millions of dollars in cryptocurrency that was meant to fund the groups. It’s “the government’s largest-ever seizure of cryptocurrency in the terrorism context,” per the department.

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FinCEN advisory highlights increased cybercrime risks curing COVID-19

On July 30, 2020, the Financial Crimes Enforcement Network (FinCEN) released an advisory that signals its focus on cybercrime arising from vulnerabilities potentially created by the COVID-19 pandemic. The “Advisory on Cybercrime and Cyber-Enabled Crime Exploiting the Coronavirus Disease 2019 (COVID-19) Pandemic” (the Advisory) explains how cybercriminals are using the COVID-19 pandemic to their advantage, capitalizing on remote access and exploiting financial institutions, businesses, and their customers to commit fraud, identity theft, and generally disrupt business.

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