Compromised cloud accounts costing businesses millions

Compromised cloud accounts cost organizations millions each year, a new report from cybersecurity firm Proofpoint and IT security research organization Ponemon Institute claims. Part of the problem surrounds the fact that many don’t know who is responsible for safeguarding that data. At the same time, criminals are increasingly eyeing up cloud as a treasure trove of sensitive data. The average …

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Employees are putting business accounts at risk by recycling credentials

Many remote workers are disregarding cybersecurity best practices, putting organizations at serious risk of data breaches. This is according to a new report from automation platform Ivanti, based on a poll of 1,000 UK consumers, which states that a fifth regularly recycle their business email addresses and passwords to log into consumer websites and applications. They often use their work …

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Hackers are becoming far more proficient at compromising business email accounts

Cybercriminals are getting better at Business Email Compromise (BEC), a new report from Barracuda suggests. According to the report, while BEC made up just seven percent of all spear-phishing attacks in 2019, it now takes up 12 percent, which is a significant jump. In terms of the overall threat landscape, email fraud is the most popular practice, with 36 percent …

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