cyberattacks
The EU's top cybersecurity official has said there has been a "significant increase" in disruptive cyber attacks, many of which can be traced to Russia-backed groups, in recent months. “The number of hacktivist attacks (against) European infrastructure, threat actors whose main aim is to cause disruption, has doubled from the fourth quarter of 2023 to the first quarter of 2024,” Juhan Lepassaar, head of the European Union Agency for Cybersecurity, or ENISA, said in an interview with the AP. The agency has been leading exercises and consultations as well to harden the resilience of election-rel...
Euronews (English)
If there is a single theme circulating among Chief Information Security Officers (CISOs) right now, it is the question of how to get stakeholders on board with more robust cybersecurity training protocols. There are key points debated about why you should provide cybersecurity training to your IT professionals, like the alarming increase in cyberattacks (an increase of 72% over the all-time high in 2021, according to the Identity Theft Research Center’s 2023 Data Breach Report), or the rapid evolution in technology, creating a constant game of catch-up. But it isn’t a question of ”if” an organ...
CIO
Memcyco Inc., provider of digital trust technology designed to protect companies and their customers from digital impersonation fraud, released its inaugural 2024 State of Website Impersonation Scams report. Notably, Memcyco’s research indicates that the majority of companies do not have adequate solutions to counter digital impersonation fraud, and that most only learn about attacks from their customers. More than half of all respondents (53%) said their existing cybersecurity solutions do not effectively address website impersonation attacks, and 41% said their existing solutions only protec...
CIO
Updating your password to be longer and contain a mix of letters, numbers, and symbols can increase the time it takes a hacker to crack it even as password encryption measures improve, according to the IT firm Hive Systems. The company released its 2024 password table which displays the time needed to hack a password using the best consumer-accessible hardware. The table is updated every year. Many websites currently require a password of at least eight characters with a mix of letters, numbers, or symbols, but we might be due for an upgrade, experts say, as a longer password offers a signific...
Euronews (English)
Superinvestor Warren Buffett called it “the number-one problem with mankind.” JPMorgan CEO Jamie Dimon said, “it may be the biggest threat to the US financial system.” And Bob Dudley, the former CEO of oil giant BP, told investors it’s what “keeps me awake at night.” These guys have millions or billions of dollars… so you might assume they’re worried about direct threats to their wealth like inflation, runaway government spending, or the plunge markets have taken lately. Q1 2022 hedge fund letters, conferences and more Believe it or not… they’re talking about the grave threat of cyberattacks. ...
ValueWalk
As we enter December, below are a few expectations of what’s to come for the cybersecurity industry in 2022 from the Forcepoint team. They predict: Q3 2021 hedge fund letters, conferences and more Cyberattacks: Now Part of the Military Arsenal \- Cyberattacks will become a staple of military arsenals in 2022 and beyondAre we Ready for Mass-Market Malicious Updates? \- A significant rise in criminal copycats delivering malware via software updatesSecurity Recalculated: Understanding Risk means Understanding the Workforce \- Organizations will turn to analytics to recalculate their understanding...
ValueWalk
President Joe Biden urged Russian President Vladimir Putin to “take action to disrupt” cyber-criminal organizations. Biden also told Putin that the U.S. reserves the right to respond to hackers who wage ransomware attacks from inside Russia. After signing an executive order at the White House on Friday, Biden told reporters: “I made it very clear to him that the United States expects when a ransomware operation is coming from his soil, even though it’s not sponsored by the state, we expect him to act, and we give him enough information to act on who that is.” Over the July 4 weekend, Russia-ba...
uPolitics.com
Last Sunday, meat-producer JBS S.A. was the victim of a cyber attack which is thought to have originated in Russia. Although unconfirmed, it is believed the ransomware gang REvil was responsible for the attack. The attack affected operations in both North America and Australia. Overall, according to union officials, it forced the shutdown of nine beef plants in the United States on Tuesday, and disrupted production at poultry and pork plants. It is believed that this is the same ransomware gang which hacked Colonial Pipeline, the largest U.S. fuel pipeline, earlier this May, for a week. Coloni...
uPolitics.com
In hisDaily Market Notes report to investors, while commenting on the second-quarter results, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more The Second-Quarter Results Are Looking GoodOver 90% of the stocks in the S&P 500 have announced their first-quarter results and, so far, the average sales and earnings surprises are running at 3.7% and 23.2% (respectively) above consensus analyst estimates. This is why analysts are so busy revising their consensus sales and earnings estimates higher. I once predicted that sales and earnings momentum would peak in the first quarter...
ValueWalk
The Colonial Pipeline hack is causing chaos for consumers and concern among experts about the vulnerability of not only our energy sector but for businesses in all sectors. Q1 2021 hedge fund letters, conferences and more RB Advisory’s CEO/Founder Regine Bonneau Shares Insight on the Colonial Pipeline Hack and Tips to Prevent it From Happening Again (Winter Park, FL) May 11, 2021 – Cyber-attacks are a growing threat to America as companies and government entities find themselves vulnerable, even if they think they have systems in place to prevent such occurrences. According to statistics from ...
ValueWalk
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