FINANCIAL INFOSECURITY NEWSLETTER

October 2017

What History Teaches Us About Today’s Insider Threats

Noah Powers, deltarisk.com, September 21, 2017

While insider threat attacks continue to make waves in the news, the origins of insider threats go back decades and even centuries. Insiders have emerged in religious texts, insiders have brought down empires, and insiders have stolen money and information from various organizations.

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4 Credit Bureau Data Breaches that Predate the 2017 Equifax Hack

David Bisson, tripwire.com, September 14, 2017

The risk of cyber-attack for all kinds of organizations and businesses has soared in recent years. Malware has spread like wildfire, botnets and cybercrime software tools are easily obtained, and phishing scams have grown increasingly sophisticated.

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Simplify NIST Cybersecurity Framework Adoption

Scott Schlimmer, infosecurity-magazine.com, October 2, 2017

The risk of cyber-attack for all kinds of organizations and businesses has soared in recent years. Malware has spread like wildfire, botnets and cybercrime software tools are easily obtained, and phishing scams have grown increasingly sophisticated.

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IRS Warns of Emails Spreading Ransomware

Catalin Cimpanu, bleepingcomputer.com, August 29, 2017

The Internal Revenue Service (IRS) is warning US citizens of a new phishing scheme that poses as official IRS communications in the hopes that victims access a link, download a file, and hopefully get infected with ransomware.

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7 Things to Know About Today’s DDoS Attacks

Jai Vijayan, darkreading.com, August 30, 2017

DDoS attacks are no longer something that just big companies in a few industries need to worry about. They have become a threat to every business.

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Report: Government Among Most Targeted for Web Application Attacks

Fifth Domain Staff, fifthdomain.com, September 18, 2017

Government remained among the most targeted industries for web application attacks during the second quarter of 2017, according to recent data released by cybersecurity company Positive Technology. The report details the most common types of web application attacks by industry sector, as well as the objectives, intensity and time distribution of web application attacks.

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The Cost of NOT Educating Staff on Cybersecurity? $6.4 Million

Tom Ball, cbronline.com, September 27, 2017

New research from Accenture has revealed that 55 per cent of workers cannot remember receiving specific cybersecurity training. Combined with this shocking lack of awareness, the cost of cyber crime in the UK has risen by 19 percent in the last year alone, raising the cost of cyber crime to $6.4 million.

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5 Cybersecurity Vulnerabilities That People Still Forget About

Mike Schuricht, informationsecuritybuzz.com, October 3, 2017

People are cautious of physical theft, but the security of digital assets is often ignored. The simplest actions can have devastating consequences for your data security. Outdated software, weak credentials, and malware all create opportunities for data exfiltration.

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How to Measure Your Cyber Security Effectiveness — Before It’s Too Late

Thor Olavsrud, cio.com, August 31, 2017

Are you measuring the value and effectiveness of your cybersecurity efforts? Most companies around the world are failing to do so, according to a recent security measurement index benchmark survey. Without establishing the proper metrics, you’re flying blind.

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