IoT boom raises important security questions

The Internet of Things (IoT) market is set for massive expansion in the coming years. According to a report from IoT security firm Sequitur Labs, this raises a few security questions that merit close consideration. The company’s latest report claims the IoT market could hit $1.5 trillion by 2027, with manufacturing, retail, government, healthcare, consumer, transportation, IT and telecom markets …

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Understanding XDR, the security industry’s new favorite buzzword

Every year, it seems there is a new solution in the security industry that will finally address the challenges security teams have been struggling with for years. Lately, the security vendor community is ablaze with talks of ‘XDR,’ an often-overheard acronym for eXtended Detection and Response. While XDR was first coined in 2018, the vendor-led buzzword has more recently sparked …

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Email security ‘a ticking time bomb’ in the finance industry

As financial services companies grow, so does their dependence on email. However, the increasing use of email brings with it the potential for a rise in cyberattacks, and leaders in the industry are worried. These are the conclusions of a new report from cybersecurity company Mimecast, which states that almost two-thirds (62 percent) of financial services organizations believe it’s either …

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Top questions governments should be asking about the security of video conferencing platforms

The meteoric rise of Zoom as a result of the global pandemic proved that consumers and businesses were able to stay connected when in-person meetings and gatherings became dangerous. However, it’s been proven that Zoom and other commonly used video conferencing platforms have major flaws, which time and time again has resulted in the much-publicized unique Covid phenomenon of “Zoom-bombing.”  …

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More and more companies are increasing their zero trust security budgets

Zero trust, a cybersecurity model whereby no devices are trusted on the network by default, is taking the world by storm. According to a new report from identity management firm Okta, zero trust has increased in priority for more than three-quarters (78 percent) of businesses. Today, almost all companies (90 percent) are working on a zero trust initiative, up from …

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The rise of cloud is creating security blindspots

Businesses are growing increasingly reliant on Amazon Web Services (AWS), but with all the good, businesses must also face the bad. This is according to a new report from threat detection and response company Vectra AI, which says that the rise of cloud means greater complexity and more security blind spots. Basing its conclusions on a poll of 317 IT …

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Many workers ignore security risks to maximize productivity

A large proportion of employees often take shortcuts to optimize productivity at work, despite understanding the security risks, new data suggests. According to security company ThycoticCentrify, which polled 8,000 workers worldwide, almost four in five (79%) have engaged in one or more “risky activity” in the past twelve months. In a third of cases (35%), this involved saving passwords to …

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Most businesses sidestepped security processes during pandemic

The Covid-19 pandemic has left businesses vulnerable to cybercriminal activity by creating new attack vectors and disincentivizing security best practices, new data suggests. A report from consultancy EY based on a poll of 1,000 security professionals claims more than half of businesses deliberately bypassed security measures in order to facilitate remote working during the pandemic. EY also found that 43% …

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Web applications have become a security liability

Although fundamental to the workings of many businesses, web applications have become the single greatest cybersecurity threat, research suggests. A new report from security firm F5 and The Cyentia Institute, based on a range of sources and datasets, asserts that more than half (56%) of the largest security incidents to take place in the last five years were linked with …

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Many security pros aren’t confident they could repel a major supply chain attack

While security and software development teams bicker over whose responsibility it is to improve security in the software build and distribution environments, a new major supply chain attack could well be brewing.  This is according to a new report from machine identity management firm Venafi. Polling more than 1,000 information security professionals, developers, and executives in the IT and software …

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