In today’s interconnected digital landscape, ransomware has emerged as one of the most pervasive and damaging cyber threats. These malicious attacks target organizations of all sizes, encrypting critical data and demanding hefty ransom payments in exchange for decryption keys. As…
Category: Cybersecurity Insiders
US Renewable Energy Sector vulnerable to cyber threats says FBI
The FBI has issued a Private Industry Notification (PIN) warning of vulnerabilities in the US Renewable Energy Sector to cyber-attacks. These attacks, aimed at stealing intellectual property, disrupting operations, ransomware extortion, or gaining political advantage, pose significant risks. Specifically, the…
Australia looses $3 billion every year to Cyber Crime
Australia’s leading financial institutions are bracing for what could be the most significant cyber attack in the history of the banking sector, with warnings issued by the top four banks. Over the past three years, these institutions have faced relentless…
HubSpot data breach and Twitter X new data security concerns
HubSpot, a prominent American CRM and marketing software company, has initiated an investigation following a cyber attack that potentially compromised data from a limited number of customer accounts. The incident, which occurred on June 22, prompted immediate action from the…
How to protect data at rest and in transit
Protecting data both at rest and in transit is crucial for maintaining the confidentiality, integrity, and availability of sensitive information. Here’s a comprehensive guide on how to safeguard data in these two states: Protecting Data at Rest Data at rest…
Cyber Insurance demand fall as businesses bolster their cybersecurity infrastructure
Businesses are increasingly recognizing the critical need to enhance their cybersecurity defenses amid today’s evolving cyber landscape. Consequently, they are strategically investing in fortifying their existing infrastructure. This proactive approach has led to a notable decline in the demand for…
How Data Inference Could Expose Customer Information: The Case of UnitedHealth Breach
In 2024, we’ve seen several high-profile data breaches that have caused tangible and widespread damage to companies and their customers. One of the hardest-hit industries also includes one of our most critical: healthcare. The UnitedHealth data breach has had ripple…
Symmetric vs. Asymmetric Encryption in the Cloud: Choosing the Right Approach
Asymmetric and symmetric encryptions are the modes of encryption typically used in cryptography. There is a single key involved with symmetric encryption used both for encryption and decryption. The key needs to be shared among the parties who are involved…
Addressing Financial Organizations’ Digital Demands while Avoiding Cyber Threats
The financial services industry has been at the forefront of the digital transformation age for some time. Agility and convenience are mandatory in this sector, and customers have expected reliable access to financial services at a moment’s notice. Everything from…
Cybersecurity breach of TeamViewer Corporate environment by APT29
TeamViewer, a remote monitoring and management tool based in Germany, has reported a security breach within its internal corporate IT environment. The incident occurred on June 26, 2024, prompting immediate remedial actions to prevent any potential data compromise. The company,…