Five strategies for businesses to jump start 5G digital transformation
5G certainly had its moment in the spotlight in 2020. From Huawei’s removal from UK infrastructure to Ericsson leading the UK’s nationwide deployment, it has certainly been a talking point from a political, economic and consumer perspective. But, how can businesses realize the potential of 5G? We read a lot about how it is going to transform our lives, from …
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European Commission targeted by cyberattack
European Commission (EC), the executive branch of the European Union (EU), is among a number of EU institutions targeted by a cyberattack last month, the organization has confirmed. As reported by Bleeping Computer, what’s known so far is that the attackers did not manage to break into EC systems and did not make away with any sensitive data. However, forensic …
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Multi-cloud strategy key to mitigating regulatory risks
Cloud adoption could be a lot more efficient if businesses didn’t have to worry about compliance with various rules and regulations, new research suggests. In a recent blog post, Nick Godfrey, Director in the Office of the CISO at Google Cloud, says the industry is focused on reducing vendor lock-in, concentration risk and over-reliance on third-party providers. Together with market …
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Global IT spending set for huge surge this year
In anticipation of greater economic stability this year, global IT spending is expected to rise by 8.4 percent. This is according to a new report from analyst house Gartner, which claims worldwide IT spending will hit $4.1 trillion in 2021. The source of funds for new digital business initiatives, Gartner believes, will generally come from business departments other than IT, …
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Microsoft and Zoom were the most impersonated brands in 2020
Microsoft’s collaboration platform Teams and video conferencing service Zoom both experienced unprecedented growth in 2020, as the pandemic took hold and employees everywhere were sent to work from home. As a result of this newfound popularity, the two services also became the most frequently impersonated among fraudsters and cybercriminals. A new report from VPN provider Atlas VPN claims that four …
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How businesses are making way for zero trust
Traditionally, the companies used to work on a castle-and-moat security principle. In this model, it is not easy to obtain access to the application from outside the network. However, anyone inside the network is considered a trusted source by default. The issue with this system was that once anyone gained access to the network, the attacker could easily access all …
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Fortinet FortiOS flaws actively exploited in the wild
FortiOS, an operating system built by enterprise security provider Fortinet, has a number of high-severity flaws that are currently being exploited in the wild, US government agencies are saying. The FBI and the US Cybersecurity and Infrastructure Security Agency (CISA) have issued a joint warning, explaining that three different vulnerabilities (CVE-2018-13379, CVE-2020-12812 and CVE-2019-5591) are being abused by hackers. FortiOS …
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Lack of cybersecurity expertize stopping financial firms from protecting their data
Last year, financial organizations that keep their apps and data in the cloud suffered all kinds of cybersecurity incidents, all due to the lack of in-house security knowledge. These are the findings presented in the 2021 Cloud Data Security Report, issued by cloud security company Netwrix. Polling 937 IT professionals worldwide, Netwrix found that more than half (59 percent) of …
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Most employees want flexible working to stay
Most employees in the UK want to keep their remote and flexible working options after the pandemic, but don’t think their bosses are willing to oblige. These are the conclusions of Microsoft’s latest report, based on analysis of national lockdowns and the effects on office workers. According to the report, almost three quarters (71 percent) of UK workers want some …
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This spear-phishing LinkedIn scam is targeting job hunters
People hunting for jobs on LinkedIn are being hunted themselves, by cybercriminals. A new report from cybersecurity company eSentire claims a group of hackers that call themselves Golden Chickens are using LinkedIn to distribute a fileless backdoor known as more_eggs. The modus operandi is quite simple; the group looks for people hunting for jobs, and sends them a .ZIP file …
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