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RiskSec 2020, Security News

How to use cybersecurity to accelerate growth

Cybersecurity often – and rightly – has been viewed as a point of friction and a cost center, but more recently organizations are using it to accelerate growth. When considered early on – in everything from design and development through planning and execution – security can help companies lower risk and get applications and services…
APTs/cyberespionage, Cybercrime, Government/Defense, Phishing, Security News

Leaked videos offer rare behind-the-scenes look at Iranian APT operation

Threat analysts hit the cyber intel mother lode after uncovering a 40GB data leak that included training videos shedding light on the activities of an Iranian advanced persistent threat group. In a company blog post this week, IBM X-Force Incident Response Intelligence Services (IRIS) said that the leaked assets were the result of an OPSEC error on…
Security News

Resilience improved, but response dragged down by too many tools, too few playbooks, report says

While cybersecurity resilience has largely improved over five years, most organizations – 74 percent – say their security response plans are ad-hoc, applied inconsistently or are non-existent even as 13 percent say their ability to contain an attack has declined, a report on resiliency found. Organizations have too many security tools and not enough specific…
Women in IT Security

The cyber immigrant experience, then and now

Shamla  Naidoo, managing partner at IBM  and the tech giant’s former global chief information security officer, spoke with newcomer  Mrunmayi Churi, application security engineer at Twitter, about their distinctive experiences immigrating to the United States to pursue a cybersecurity education and career.
Application Security, Corporate News, Government, Privacy & Compliance News and Analysis, Security News

IBM pays up in tech, settles Weather Channel privacy lawsuit by LA

IBM will pony up $1 million worth of technology to the city of Los Angeles for COVID-19 contact tracing, and The Weather Channel app will change its privacy practices regarding use of user location data. The changes come with the settlement of a lawsuit that accused the app of misleading users as to how their…
Coronavirus, Phishing, Security News

German phishing scheme preyed on high-level execs needing PPE

One hundred German companies in need of personal protective equipment (PPE) such as facemasks and medical gear were targeted in a COVID-19 phishing scheme designed to steal and exfiltrate user credentials. IBM X-Force IRIS discovered unknown hackers erected a fake Microsoft login page connected to different Yandex email accounts, although it was unknown how many…

Why companies need to lock down IoT systems

During the last few years, malicious IoT hacks have grown exponentially with no immediate signs of slowing, while hackers relentlessly pursue new and creative ways to attack and exploit organizations. According to the FBI, within the past six years, attackers have amassed $144 million in ransomware payments alone – and each new attack costs more…
Security News, Women in IT Security

Honorable mentions: Women making a mark

The caliber of nominees for our Women in IT Security demonstrates just how far women have come. It was as inspiring as it was agonizing for those of us forced to choose.
Executive Insight, Perspectives

5 Ways vCISOs Move the Security Needle

Data has become more valuable than ever and organizations must make protecting it a top priority. According to IBM and the Ponemon Institute, the average data breach now costs American companies $8.19 million. On top of that, the recently-released Verizon Data Breach Investigations Report found that 86 percent of all breaches were financially-motivated.  As attacks…
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