Tag Archives: espionage

Cyber Crime and Espionage Top Challenges for IT Professionals in Navigating Digital Transformation

Frost Sullivan’s research survey, “An End-User Perspective on Navigating Digital Transformation, Europe, 2017,” finds that the top benefits seen by organisations deploying Internet of Things technologies include boosting customer service and marketing and automating manual processes.

The survey aimed to understand the IT-related challenges facing organisations; monitor the status of digital transformation, including newer solutions such as AI, AR/VR, and mCommerce; assess current and future uses of business communication technologies; evaluate drivers behind investments in communication technology; appraise IT budgets; and gauge IT and communication trends.

“The top three IT solutions in use today include data centres, cybersecurity and customer experience management, but cybersecurity, big data and analytics, and data centre are found to be the most impactful technologies for revenues and cost reduction efforts,” said Alpa Shah, Global VP, Digital Transformation at Frost Sullivan.

When asked about critical investments for digital transformation success over the

Read more at: https://www.prnewswire.com/news-releases/cyber-crime-and-espionage-top-challenges-for-it-professionals-in-navigating-digital-transformation-300550159.html

Cyber Crime and Espionage Top Challenges for IT Professionals in …

Frost Sullivan’s research survey, “An End-User Perspective on Navigating Digital Transformation, Europe, 2017,” finds that the top benefits seen by organisations deploying Internet of Things technologies include boosting customer service and marketing and automating manual processes.

The survey aimed to understand the IT-related challenges facing organisations; monitor the status of digital transformation, including newer solutions such as AI, AR/VR, and mCommerce; assess current and future uses of business communication technologies; evaluate drivers behind investments in communication technology; appraise IT budgets; and gauge IT and communication trends.

“The top three IT solutions in use today include data centres, cybersecurity and customer experience management, but cybersecurity, big data and analytics, and data centre are found to be the most impactful technologies for revenues and cost reduction efforts,” said Alpa Shah, Global VP, Digital Transformation at Frost Sullivan.

When asked about critical investments for digital transformation success over the

Read more at: https://www.prnewswire.com/news-releases/cyber-crime-and-espionage-top-challenges-for-it-professionals-in-navigating-digital-transformation-300550159.html

11 VIDEOS Kaspersky conference 2017: APAC cyber espionage very bad but worst still to come

Kaspersky Lab. The company is now 20 years old, and has evolved a deep threat intelligence and security expertise portfolio of products and services. These fight against ever more intricate and evolving digital threats, and protect 400 million users and 270,000 corporate clients globally, with Kaspersky Lab famously uncovering various nation-state level malware and hacking activities before its competitors.

Just concluded is the company’s 3rd annual APAC Cyber Security Conference, in Thailand, with the company seeking to unravel the truth on the worsening cyber espionage problem against countries, governments, critical infrastructure and companies in the dynamic and turbulent Asia Pacific region.

Once just a plot of fanciful James Bond or certain Bruce Willis movies, among others, cyber espionage has grown so fast and so far, including startlingly sophisticated nation state hacking activities, that cyber espionage is beyond an alarming threat.

Indeed, it has crossed the rubicon between the worlds

Read more at: https://www.itwire.com/security/80351-11-videos-kaspersky-conference-2017-apac-cyber-espionage-very-bad-but-worst-still-to-come.html

11 VIDEOS Kaspersky conference 2017: APAC cyber espionage very bad, but worst still to come

Kaspersky Lab. The company is now 20 years old, and has evolved a deep threat intelligence and security expertise portfolio of products and services. These fight against ever more intricate and evolving digital threats, and protect 400 million users and 270,000 corporate clients globally, with Kaspersky Lab famously uncovering various nation-state level malware and hacking activities before its competitors.

Just concluded is the company’s 3rd annual APAC Cyber Security Conference, in Thailand, with the company seeking to unravel the truth on the worsening cyber espionage problem against countries, governments, critical infrastructure and companies in the dynamic and turbulent Asia Pacific region.

Once just a plot of fanciful James Bond or certain Bruce Willis movies, among others, cyber espionage has grown so fast and so far, including startlingly sophisticated nation-state hacking activities, that cyber espionage is beyond an alarming threat.


https://www.itwire.com/security/80351-11-videos-kaspersky-conference-2017-apac-cyber-espionage-very-bad-but-worst-still-to-come.html

Cyber-Espionage and Ransomware Attacks Soar

Malware continues to be a major factor in cyber-crime, and a growing volume contains ransomware. That’s among the key findings of the 10th annual “Verizon 2017 Data Breach Investigations Report,” which is based on data from 42,068 incidents and 1,935 breaches in 84 countries. Just three years ago, ransomware ranked 22nd among specific types of malware used. This year, it jumped to the fifth most-common type. Cyber-espionage is also on the rise, due largely to the proliferation of propriety research, prototypes and confidential personal data, which are hot-ticket items for cyber-criminals. Of the nearly 2,000 breaches analyzed for this year’s report, more than 300 were espionage-related, and many of them originated as phishing emails. Pretexting—a scam in which a hacker pretends to need information to confirm a user’s identity—is also increasing, predominantly via emails targeted at financial department employees. Marc Spitler, senior manager with Verizon Security Research and

Read more at: http://www.baselinemag.com/security/slideshows/cyber-espionage-and-ransomware-attacks-soar.html

Several New Players With No Prior Cyber Espionage Experience Jump Into the Hacking Game

(TNS) — WASHINGTON — Russian state hackers get the headlines, but nations across the globe are pouring money into cyber espionage units, a development, security experts say, that is allowing smaller nations to close the espionage gap without the satellites or tech muscle of big nations.

“It’s very inexpensive. It’s very efficient,” said John Hultquist, a cyber espionage analyst who’s studied the growth of hacking among smaller nations for iSight Partners, a division of FireEye, a Milpitas, Calif., cybersecurity firm.

Hultquist said his firm was tracking several new players, which he declined to identify — “I’d get in trouble for naming them” — that had no prior experience in cyber espionage.

“These would be smaller developing countries that would appear to be building out their own capability,” Hultquist said. “It’s not just the Chinese anymore or the North Koreans. Some of them are quite good.”

Other cybersecurity firms and independent

Read more at: http://www.govtech.com/security/Several-New-Players-With-No-Prior-Cyber-Espionage-Experience-Jump-Into-the-Hacking-Game.html

Several New Players With No Prior Cyber Espionage Experience …

(TNS) — WASHINGTON — Russian state hackers get the headlines, but nations across the globe are pouring money into cyber espionage units, a development, security experts say, that is allowing smaller nations to close the espionage gap without the satellites or tech muscle of big nations.

“It’s very inexpensive. It’s very efficient,” said John Hultquist, a cyber espionage analyst who’s studied the growth of hacking among smaller nations for iSight Partners, a division of FireEye, a Milpitas, Calif., cybersecurity firm.

Hultquist said his firm was tracking several new players, which he declined to identify — “I’d get in trouble for naming them” — that had no prior experience in cyber espionage.

“These would be smaller developing countries that would appear to be building out their own capability,” Hultquist said. “It’s not just the Chinese anymore or the North Koreans. Some of them are quite good.”

Other cybersecurity firms and independent

Read more at: http://www.govtech.com/security/Several-New-Players-With-No-Prior-Cyber-Espionage-Experience-Jump-Into-the-Hacking-Game.html

Warning: Cyber espionage, ransomware attacks a rising global threat

The Verizon 2017 Data Breach Investigation Report reveals that cyber espionage is now the most common type of attack seen in manufacturing, the public sector and now education, with much of this due to the high proliferation of proprietary research, prototypes and confidential personal data, which are “hot-ticket items” for cyber criminals.

Verizon also warns that organised criminal groups escalated their use of ransomware to extort money from victims, with its report showing a 50% increase in ransomware attacks compared to last year.  

But, Verizon says that despite this increase and the related media coverage surrounding the use of ransomware, many organisations still rely on out-of-date security solutions and aren’t investing in security precautions.

“In essence, they’re opting to pay a ransom demand rather than to invest in security services that could mitigate against a cyber attack,” the report says.

“Insights provided

Read more at: http://www.itwire.com/security/77833-warning-cyberespionage,-ransomware-attacks-a-rising-global-threat.html

Cyber-espionage Tops Security Threats to Businesses – Infosecurity …

Cyber-espionage is the top threat facing businesses, ahead of targeted attacks and phishing attempts, according to new research.

Trend Micro’s research covered nearly 2500 organizations across Europe and the UK and found that 64% of businesses had experienced a ‘known’ major cyber-attack in the past 12 months. On average, businesses were hit by four cyber-attacks during that time.

Ransomware proved to be the most common type of incident, with 78% of respondents reporting an attack. Phishing (31%), business email compromise (17%) and cyber-espionage (15%) were other common attacks

Looking ahead, Trend Micro found that cyber-espionage is the most pressing concern for businesses. That’s likely to be because of the increased coverage of cyber-espionage in the press. In particular, reports of Russian involvement in hacking the US Democratic National Committee (DNC) in order to influence the US presidential election in favor of Donald Trump, as well as concerns over potential Russian

Read more at: https://www.infosecurity-magazine.com/news/cyberespionage-threats-business/