Takeaway from the U.K.'s GDPR privacy fine against hotel giant Marriott: During M&A, review an organization's cybersecurity posture before finalizing any acquisition. Because once a deal closes, you're fully responsible for data security - IT network warts and all.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
Hotel giant Marriott has been hit with the second largest privacy fine in British history, after it failed to contain a massive, long-running data breach. But the final fine of $23.8 million was just 20% of the penalty initially proposed by the U.K.'s privacy watchdog, owing in part to COVID-19's ongoing impact.
Turla, a hacking group based in Russia, is deploying a revamped set of customized tools to target potential victims, including a European government agency, for its espionage campaigns, according to Accenture.
The operators behind the Ryuk strain of malware are increasingly relying on a malware-as-a-service tool - the Buer loader - to deliver the malware, rather than botnets such as Trickbot and Emotet, the security firm Sophos reports.
Implementation of 3D Secure 2.0, a protocol designed to be an additional security layer for online credit and debit card transactions, by banks and merchants alike can play a critical role in reducing "authorized payment fraud," two security experts say.
A greatly enhanced variant of the powerful Mirai botnet is already infecting IoT devices even though it's operating in a test environment, according to researchers at cybersecurity firm Avira Protection Lab.
Security researchers at Imperva have uncovered a botnet that attacks vulnerabilities in websites' underlying content management systems and then uses these compromised servers to mine for cryptocurrency or send spam to more victims.
"Cybercrime is an evolution, not a revolution," says Europol's Philipp Amann, who oversees the EU law enforcement intelligence agency's annual study of the latest cyber-enabled crime trends. Ransomware, social engineering and the criminal abuse of cryptocurrency and encryption are some of the top threats.
Security talent is scarce in organizations of all sizes.
According to ISACA's latest research, 62% of managers believe their organizations' cybersecurity teams are understaffed, and 70% think that fewer than half of cybersecurity applicants are well qualified. How to overcome this unfortunate reality?
Microsoft and its partners are continuing to put pressure on the Trickbot malware operation, eliminating an estimated 94% of its infrastructure. But some security researchers warn that the botnet's operators are developing workarounds to re-establish its infrastructure, enabling the group to resume its activities.
VMware Carbon Black is out with its latest Global Incident Response Threat Report, which describes "the perfect storm" for increasingly sophisticated attacks heading into 2021. Cybersecurity strategist Tom Kellermann discusses what that means - and how these trends should inform our defensive strategies.
Security experts are urging organizations to patch a newly revealed serious flaw in Microsoft SharePoint as quickly as possible because proof-of-concept exploit code is already available. The U.K.'s National Cyber Security Center warns that hackers frequently target fresh SharePoint flaws.
To mitigate the risks posed by ransomware attacks, enterprises need to move from file-based security to a behavior-based approach, says Jennifer Ayers, vice president of the OverWatch division of Crowdstrike.