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11 cyber security predictions for 2020

IT Governance

Cyber insurance has in some regions encouraged victims to pay as it is cheaper than remediation in some cases. Despite the rise in sophisticated attacks, 2020 will continue to see newbies and unskilled attackers using toolkits from the dark web to launch scams (such as sexploitation), and phishing and ransomware attacks.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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CCPA Marches On: California Attorney General Proposes Further Revisions to CCPA Regulations, Industry Pleads for Enforcement Delay Amid COVID-19 Crisis

Data Matters

While the world seems to have ground to a halt in so many ways, time still marches on, and along with it, the California Consumer Privacy Act (“CCPA”) enforcement date (July 1, 2020) inches ever closer. The AG’s revisions make only moderate changes to the last round of regulations issued in February 2020.

Privacy 68
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Ransomware Protection in 2021

eSecurity Planet

Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Jump to: What is ransomware?

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2019 end-of-year review part 1: January to June

IT Governance

The site’s security team suspected that users were being targeted in a credential-stuffing attack; this is where cyber criminals use a list of stolen usernames and passwords en masse to break into an account. Worse, they changed the email address associated with the account, preventing them from resetting their password.

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Multi-Factor Authentication Best Practices & Solutions

eSecurity Planet

Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. But even when passwords are secure, it’s not enough. Recently, hackers leaked 87,000 Fortinet VPN passwords , mostly from companies who hadn’t yet patched a two-year-old vulnerability. MFA can be hacked.

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Healthcare giant Magellan Health discloses data breach after ransomware attack

Security Affairs

Magellan Health, a for-profit managed health care and insurance firm, was the victim of a ransomware attack. Magellan Health Inc announced it was the victim of a ransomware attack that took place on April 11, 2020, the company also confirmed that hackers have stolen personal information from one of its corporate servers.