Search Results: cyberattack

GlobalData: Cybersecurity Revenue in Insurance Set to Grow at 10% CAGR

Cybersecurity revenues in the insurance sector are set to grow at a CAGR of more than 10% from $6.4 billion in 2020 to $10.6 billion in 2025.

August 12, 2022 TD Staff Leave a Comment

The digital world is a minefield for insurers at the moment, with giants AXA, CNA Financial, Tokio Marine and Marsh & McLennan suffering cyberattacks in 2021. Against this backdrop, cybersecurity revenues in the insurance sector are set to grow at a compound annual growth rate of more than 10% from $6.4 billion in 2020 to […]

Tech Companies Create Open-Source Cybersecurity Data Framework

A group of software and cybersecurity companies led by AWS, Splunk and Broadcom are launching a new security data normalization framework.

August 11, 2022 Zachary Comeau Leave a Comment

A consortium of leading software and cybersecurity companies led by AWS, Splunk and Symantec have announced a new open-source effort to break down data silos that they say are impeding security teams. The companies at Black Hat USA 2022 in Las Vegas this week announced the launch of the Open Cybersecurity Schema Framework project to […]

Modern Cyber Threats, Supply Chain Attacks Are Burning Out IT Pros, Experts Say

The constantly shifting IT landscape is breeding more cyberattacks, leading to burnout. Applying psychology concepts to the industry may help.

August 9, 2022 Zachary Comeau Leave a Comment

The software supply chain and our increasing reliance on cloud infrastructure is making protecting IT environments more challenging and leading to cybersecurity burnout among IT professionals, according to a panel of cybersecurity experts held last week in advance of Black Hat USA this week. Attackers are increasingly leveraging the software supply chain and open-source software […]

Cybersecurity Burnout Persists as Attack Landscape Shifts

As new cyberattack trends continue to emerge, burnout among cybersecurity teams remains a critical issue, according to VMware report.

August 8, 2022 Zachary Comeau Leave a Comment

As new cyberattack trends continue to emerge, burnout among cybersecurity teams remains a critical issue, according to VMware’s new Global Incident Response Threat Report. The Palo Alto, Calif.-based company’s report, issued during Black Hat USA 2022, details how the “ceaseless wave of cyberattacks,” pandemic disruptions and a constantly shifting threat landscape is causing nearly 47% […]

This Week in IT: Teams and Apple Silicon, Cloud Leaders, VMware and Cisco Patches

Better Teams performance on Macs, cloud infrastructure market data, critical patches and cyber threats highlight this week's IT news.

August 4, 2022 Zachary Comeau Leave a Comment

Editor’s note: There is a lot going on in the world of IT, from emerging technologies to digital transformation and new cybersecurity threats. However, we can’t possibly cover it all, so we’ll bring you this curated summary of IT and enterprise technology stories each week. Microsoft Teams on Macs with Apple silicon Microsoft will be rolling out […]

With Microsoft Office Macros Blocked by Default, Hackers are Using Other Techniques

New Proofpoint research show how threat actors are adapting to Microsoft blocking Office macros by default by leveraging other file types.

July 29, 2022 Zachary Comeau Leave a Comment

After pausing the rollout of a default macro-blocking feature in Microsoft Office, Microsoft is now officially blocking VBA macros by default in Office applications in a move to make it harder for threat actors to deploy malware and ransomware using Office applications. Microsoft first announced the VBA macro blocking in February 2022, just a few […]

Log4Shell Will Remain an Issue For a Decade

The Log4Shell bug will remain an issue for IT and security teams for possibly a decade or longer, says new Cyber Safety Review Board report.

July 25, 2022 Zachary Comeau Leave a Comment

The critical vulnerability discovered late last year in the popular Java logger Log4j will be impacting IT environments for years due to the difficulty in finding and remediating vulnerable instances of the tool, according to a new report from the U.S. Department of Homeland Security’s Cyber Safety Review Board. The board—established in the wake of […]

This Week in IT: Cloud Partnership, Apple Security Updates, Outages, LAPSUS$

A Microsoft and Oracle partnership, Apple security fixes, services outages and cybersecurity headline this week's IT news.

July 21, 2022 Zachary Comeau Leave a Comment

Editor’s note: There is a lot going on in the world of IT, from emerging technologies to digital transformation and new cybersecurity threats. However, we can’t possibly cover it all, so we’ll bring you this curated summary of IT and enterprise technology stories each week. Microsoft, Oracle announce general availability of Database Service for Microsoft […]

Why IT and Business Leaders Need to Solve Their Disconnect

Proposed SEC rules require organizations to report cybersecurity data, so companies need to solve the disconnect between IT and leadership.

July 20, 2022 Zachary Comeau Leave a Comment

In March, the U.S. Securities and Exchange Commission (SEC) proposed amendments to its rules that are designed to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance and incident reporting by publicly traded companies. However, a historic disconnect between IT and business leaders could make them difficult to implement. If adopted, the rules would […]

Education Has a Higher-Than-Average Ransomware Impact

As ransomware continues to grow, recovery costs and timelines in the education sector outpace global averages, Sophos report finds.

July 18, 2022 Zachary Comeau Leave a Comment

As virtually every industry sector is reporting an increase in cyberattacks and ransomware, the education sector remains one of the hardest hit of late, with recovery costs and timelines outpacing global averages, according to a new report from cybersecurity software provider Sophos. The company’s survey of 5,600 IT professionals in higher education and K-12 across […]