Sat.Jan 18, 2020 - Fri.Jan 24, 2020

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GUEST ESSAY: Cyber insurance 101 — for any business operating in today’s digital environment

The Last Watchdog

Cyberattacks are becoming more prevalent, and their effects are becoming more disastrous. To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Insurance 183
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Cybersecurity Lessons Learned from 'The Rise of Skywalker'

Dark Reading

They're especially relevant regarding several issues we face now, including biometrics, secure data management, and human error with passwords.

Insiders

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Cybercrime Statistics in 2019

Security Affairs

I’m preparing the slides for my next speech and I decided to create this post while searching for interesting cybercrime statistics in 2020. Cybercrime will cost as much as $6 trillion annually by 2021. The global expense for organizations to protect their systems from cybercrime attacks will continue to grow. According to the Cybersecurity Ventures’ cybercrime statistics 2017 cybercrime damages will amount to a staggering $6 trillion annually starting in 2021.

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How Cybercriminals Are Converting Cryptocurrency to Cash

Data Breach Today

Report: Methods Make Payments Difficult to Track Cybercriminals are using increasingly sophisticated methods to turn illicitly gained cryptocurrency into cash, which raises new concerns about enforcing anti-money laundering laws, according a report by Chainalysis.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Ethical Use of Data for Training Machine Learning Technology - Part 1

AIIM

This is the first part of a 3-part series on the Ethical Use of Data for Training Machine Learning Technology by guest authors Andrew Pery and Michael Simon. Part 1: Bad Things Can Come from Non-neutral Technology. AI technology is becoming pervasive , impacting virtually every facet of our lives. A recent Deloitte report estimates that shipments of devices with embedded AI will increase from 79 million in 2018 to 1.2 billion by 2022: "Increasingly, machines will learn from experiences, adapt to

Insurance 111

More Trending

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DDoS Mitigation Firm Founder Admits to DDoS

Krebs on Security

A Georgia man who co-founded a service designed to protect companies from crippling distributed denial-of-service (DDoS) attacks has pleaded to paying a DDoS-for-hire service to launch attacks against others. Tucker Preston , 22, of Macon, Ga., pleaded guilty last week in a New Jersey court to one count of damaging protected computers by transmission of a program, code or command.

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FBI Warns: Beware of Spoofed Job Application Portals

Data Breach Today

Fraudsters Targeting Personal Information, Including Payment Card Details The FBI's Internet Crime Complaint Center has issued an alert warning that fraudsters are using spoofed job application portals and websites to steal personal information, including payment card details, from would-be applicants.

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Expert found a hardcoded SSH Key in Fortinet SIEM appliances

Security Affairs

Expert found a hardcoded SSH public key in Fortinet ’s Security Information and Event Management FortiSIEM that can allow access to the FortiSIEM Supervisor. . Andrew Klaus, a security specialist from Cybera, discovered a hardcoded SSH public key in Fortinet’s Security Information and Event Management FortiSIEM that can be used by attackers to the FortiSIEM Supervisor. .

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Types of Data Models: Conceptual, Logical & Physical

erwin

There are three different types of data models: conceptual, logical and physical, and each has a specific purpose. Conceptual Data Models: High-level, static business structures and concepts. Logical Data Models: Entity types, data attributes and relationships between entities. Physical Data Models: The internal schema database design. An organization’s approach to data modeling will be influenced by its particular needs and the goals it is trying to reach, as explained here: What is Data Modeli

Sales 143
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How and Why Should You Be Tracking Geopolitical Risk?

Geopolitical risk is now at the top of the agenda for CEOs. But tracking it can be difficult. The world is more interconnected than ever, whether in terms of economics and supply chains or technology and communication. Geopolitically, however, it is becoming increasingly fragmented – threatening the operations, financial well-being, and security of globally connected companies.

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Does Your Domain Have a Registry Lock?

Krebs on Security

If you’re running a business online, few things can be as disruptive or destructive to your brand as someone stealing your company’s domain name and doing whatever they wish with it. Even so, most major Web site owners aren’t taking full advantage of the security tools available to protect their domains from being hijacked. Here’s the story of one recent victim who was doing almost everything possible to avoid such a situation and still had a key domain stolen by scammers

Passwords 251
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Hackers Target European Energy Firm: Researchers

Data Breach Today

Report Says Group Tied to Iran Could Be Involved Hackers who may have ties to Iran have recently turned their attention to the European energy sector, using open source tools to target one firm's network as part of an cyberespionage operation, according to the security firm Recorded Future.

Security 259
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Expert released DOS Exploit PoC for Critical Windows RDP Gateway flaws

Security Affairs

Danish security researcher Ollypwn has released DOS exploit PoC for critical vulnerabilities in the Windows RDP Gateway. The Danish security researcher Ollypwn has published a proof-of-concept (PoC) denial of service exploit for the CVE-2020-0609 and CVE-2020-0610 vulnerabilities in the Remote Desktop Gateway (RD Gateway) component on Windows Server (2012, 2012 R2, 2016, and 2019) devices.

Education 136
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When Pressing Delete Is OK: Learn How to Eliminate ROT in Your Organization

AIIM

If your organization is like just about every other organization on the planet, you likely have some degree of an information management problem. Most likely, you create too much information, and you keep too much of it for too long. This causes enough problems by itself, but when you then add to the pile all the redundant, obsolete, and trivial (ROT) information you have in your systems, on your file shares, and in every other possible location, it’s a real nightmare.

ROT 119
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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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Apple Addresses iPhone 11 Location Privacy Concern

Krebs on Security

Apple is rolling out a new update to its iOS operating system that addresses the location privacy issue on iPhone 11 devices that was first detailed here last month. Beta versions of iOS 13.3.1 include a new setting that lets users disable the “Ultra Wideband” feature, a short-range technology that lets iPhone 11 users share files locally with other nearby phones that support this feature.

Privacy 208
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Maryland Considers Criminalizing Ransomware Possession

Data Breach Today

Some Question Whether Such a Law Would Prove Effective Maryland lawmakers are considering a bill that would make possession of ransomware a crime punishable by up to 10 years in prison, similar to moves at least two other states have already made. But is such legislation effective?

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Considerations for trade banks in navigating the digital world

CGI

Considerations for trade banks in navigating the digital world. dharini.s@cgi.com. Wed, 01/22/2020 - 22:49. The trade finance sector is under pressure to respond quickly and agilely to the shifting digital landscape. Customer interactions in social media, consumer banking and other customer-centric industries have led to more demanding expectations.

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The Mystery of Fbot

Security Affairs

In a few days back, the MalwareMustDie team’s security researcher unixfreaxjp has published a new Linux malware analysis of Fbot that has focused on the decryption of the last encryption logic used by its bot client. This is not the first time Fbot analysis has been published, and also Fbot binaries have been actively infecting the IoT devices since way before 2018.

IoT 130
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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Reflecting on APAC Data Protection and Cyber-security Highlights for 2019 (and what lies ahead!)

Data Protection Report

2019 saw continued growth and change in data protection and cyber-security across the Asia-Pacific. Following the implementation of the GDPR in May, 2018, many jurisdictions moved to review and strengthen existing data privacy and cyber-security laws. In addition, 2019 saw regulators publishing findings in respect of some of the largest data incidents of 2018.

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Emotet Malware Alert Sounded by US Cybersecurity Agency

Data Breach Today

Must-Have Defenses Include Detecting Infections and Lateral Movement, CISA Says Emotet malware alert: The U.S. Cybersecurity and Infrastructure Security Agency says it's been "tracking a spike" in targeted Emotet attacks, and urges all organizations immediately put in place defenses to not just avoid infection, but also detect lateral movement in their networks by hackers.

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Kids and Code: Object Oriented Programming with Code Combat

Troy Hunt

Geez time flies. It's just a tad under 4 years ago that I wrote about teaching kids to code with code.org which is an amazing resource for young ones to start learning programming basics. In that post I shared a photo of my then 6-year-old son Ari holding a Lenovo Yoga 900 I gifted him as part of the Insiders program I'm involved in: He got a lot of mileage out of that machine and learned a lot about the basics of both code and using a PC.

IT 127
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Mitsubishi Electric discloses data breach, media blame China-linked APT

Security Affairs

Mitsubishi Electric disclosed a security breach that might have exposed personal and confidential corporate information. Mitsubishi Electric disclosed a security breach that might have exposed personal and confidential corporate data. According to the company, attackers did not obtain sensitive information about defense contracts. The breach was detected almost eight months ago, on June 28, 2019, with the delay being attributed to the increased complexity of the investigation caused by the attac

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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New Social Engineering Event to Train Business Pros on Human Hacking

Dark Reading

The DEF CON Social Engineering Capture the Flag contest inspired a new event aimed at teaching both security and non-security professionals on the fine art of hacking human behavior.

Security 108
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Vulnerabilities Found in Some GE Healthcare Devices

Data Breach Today

Regulators Issue Alerts; Patches on the Way Federal regulators are warning healthcare providers about six vulnerabilities in some of GE Healthcare's medical device systems that could allow attackers to remotely take control of the gear. The company is working on patches.

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New Guidance Published Addressing Scientific Research and the GDPR

Data Matters

A recent opinion from the European Data Protection Supervisor (EDPS) on data protection and scientific research builds on an opinion from January 2019 from the European Data Protection Board on the GDPR and clinical trials. The Opinion from the EDPS should be taken into account by life sciences companies in their ongoing assessment of how to apply the GDPR to scientific research both in clinical trials and more broadly.

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NIST releases version 1.0 of the Privacy Framework

Security Affairs

The NIST released version 1.0 of Privacy Framework, it is a tool designed to help organizations to manage privacy risks. The National Institute of Standards and Technology (NIST) has published the release version 1.0 of its privacy framework. The Framework is a voluntary tool that can be used by organizations to manage risks in compliance with privacy legislation, including the European GDPR.

Privacy 109
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Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

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7 Steps to IoT Security in 2020

Dark Reading

There are important steps security teams should take to be ready for the evolving security threats to the IoT in 2020.

IoT 120
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Treasury Wants to Collect More Cyber Risk Details From Banks

Data Breach Today

Agency Wants to Gather More Data to Support Security of Financial Infrastructure The U.S. Treasury Department is proposing to collect more information from banks and financial markets about the cybersecurity risks they face to help ensure the security of financial infrastructure.

Risk 222
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Top 5 Life Sciences predictions in 2020

OpenText Information Management

With the patient taking center stage, digitization is gaining pace within Life Sciences. This blog looks at how digital technology is going to shape every stage of the drug lifecycle for life science and pharma companies in 2020. The post Top 5 Life Sciences predictions in 2020 appeared first on OpenText Blogs.