In this edition of the ISMG Security Report: Privacy watchdogs in the EU begin enforcing GDPR in less than 30 days; are organizations ready? Also, a look at the top 10, real-world online threats facing business and financial software firm Intuit.
Can technology solve the problem of giving law enforcement access to all encrypted communications without additional risks to the public? Software legend Ray Ozzie says he has an idea. But it's unlikely to quell the debate over hard-to-break encryption.
Police have taken down Webstresser, a leading stresser/booter service tied to 4 million on-demand DDoS attacks, which could be used for as little as $15 per month. Six of the site's administrators have been arrested, as have some of the site's top users, authorities say.
The likelihood of encountering a sophisticated cyberattack is much higher than ever before - especially with the leak of government-grade hack tools in the public domain, says Dan Larson of CrowdStrike, who discusses the latest threat research.
Too many organizations believe in the fallacy that firewalls are keeping the bad guys out, when in reality, bad actors likely are already within their environments, says Bill Mann at Centrify, who calls for a "zero trust" approach.
Plenty has been said about threats to internet of things devices - and rightfully so. But what about operational technology that often has been neglected by security controls? Mark Nunnikhoven of Trend Micro weighs in on OT risks.
Although many financial institutions are growing their security and fraud budgets, their losses to fraud are still increasing, says John Gunn of Vasco. Real-time detection capabilities are key to preventing fraud and reversing this trend, he says.