Risk Management

New WatchGuard research reveals traditional anti-malware solutions miss nearly 75% of threats

24 June 2021 – WatchGuard® Technologies’ latest Internet Security Report shows that 74% of threats detected last quarter were zero day malware, capable of circumventing conventional signature-based antivirus solutions at the time of the malware release. The report also found that network attacks surged, with a 21% increase compared to the previous quarter and the highest volume since early 2018. With WatchGuard appliances detecting more than 4 million network attacks, corporate servers and assets on site are still high-value targets for attackers despite the shift to remote and hybrid work.

VMware Releases 2021 Global Security Insights Report Detailing the Surge in Cyberattacks Targeting the Anywhere Workforce

LONDON, UK – Security Connect 2021 (3rd June 2021) – Today at Security Connect 2021, VMware, Inc. (NYSE: VMW) released the findings from the fourth instalment of the Global Security Insights Report, based on an online survey of 3,542 CIOs, CTOs and CISOs in December 2020 from across the globe. The report explores the impact of cyberattacks and breaches on organizations and details how security teams are adapting to these challenges.

Everything You Should Know Before Purchasing Insurance For Your Business

Only around 50% of businesses [PDF] make it past the 5-year mark. Making a small, regular, and gradual investment into a business insurance policy may have protected them from going out of business.  Business insurance exists to keep your savings and profits intact. Small businesses especially can shut down after a single lawsuit, and an appropriate liability insurance policy could be a lifesaver. In the text below, you’ll find relevant, up-to-date information on insurance for business ventures, as well as some additional tips for business owners.

Size Doesn’t Matter for Cybercrooks: Your Business is Next on the Hacking Block

Cybercrime is on the rise on an international scale, and no business or entity is safe. Large companies and multinational businesses may be high on cybercriminals’ list of targets, but that certainly doesn’t mean they’re the only entities affected. Small companies are being hard hit by criminal activities too.

VMware Global Report: Surge in Sophisticated Cyberattacks as eCrime Groups Grow More Powerful

Reading, UK. — 20th October, 2020 — VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today released the results of its sixth Global Incident Response Threat Report, entitled: “The Cybersecurity Tipping Point: Election, COVID-19 Create Perfect Storm for Increasingly Sophisticated Cyberattacks.”

In just one Evil Internet Minute organizations spend nearly $25 and face 375 new threats

London, UK – August 27, 2020 – RiskIQ, the global leader in attack surface management, has released its annual "Evil Internet Minute" security intelligence report. The company tapped its proprietary global intelligence and third-party research to analyse the volume of malicious activity on the internet, revealing that cybercrime costs organizations $24.7 (£18.8), year-over-year increase of more than $2 (£1.5) every minute. It will also have a per-minute global cost of $11.4 million (£8.7 million) by 2021, a 100 percent increase over 2015.

Unknown danger: 74% of Internet users unaware of QR Code Spam despite growing problem

27 November 2019, London – Seventy four per cent of British internet users have never heard of QR code spam, according to a recent representative survey commissioned by European email provider GMX. This is despite a significant increase in QR code spam being detected by GMX email security experts. They analysed how spammers change their methods by running so called ‘honey traps’, which are special email accounts without spam filters which aim to attract as much spam as possible. The analysis of the contents of these traps show that QR code spam is trending in 2019 top spam methods.

How to Protect Your Tech Business in 2020

No matter what type of business you run, there are risk factors you must navigate if you wish to maintain the same level of profit and growth. Tech businesses, in particular, may be susceptible to harm from interruptions such as hacking or power loss. Although there is potential for great profit in this sector, there is also the possibility that people could steal your ideas — not to mention fierce competition. A minor mishap can cause you to fall behind others selling the same or similar services or products.

New Global Study of Financial Sector Shows Deep Concern About Third-Party Cyber Risk, Reveals Major Opportunity to Improve Monitoring and Reporting

London, UK — 2nd April 2019 — BitSight, the Standard in Security Ratings, and the Center for Financial Professionals (CeFPro) today released a joint study shedding light on how financial institutions are addressing challenges associated with third-party cyber risk. Based on a survey of financial services professionals from around the world, the “Third-Party Cyber Risk for Financial Services: Blind Spots, Emerging Issues & Best Practices” report found that managing third-party cyber risk is critical to their businesses, but a lack of continuous monitoring, consistent reporting, and other blind spots are creating challenges that could leave organisations vulnerable to data breaches and other consequences.

RiskIQ finds Ticketmaster breach part of massive credit card skimming campaign affecting over 800 e-commerce sites

London, UK - July 10, 2018 - RiskIQ, the leader in digital threat management, today revealed that its researchers have discovered that the recent breach of Ticketmaster was not a one-off event as initially reported, but part of a massive digital credit card-skimming campaign by the threat group Magecart affecting over 800 e-commerce sites around the world.