Businesses Increasingly Expose Sensitive Data via Cloud Applications and Services

Despite ever-stricter regulations, businesses across the world are increasingly exposing company data by irresponsibly using unsecured public cloud services and applications, new research shows.
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Researchers extract master password in cleartext from 1Password

Regular internet users today juggle numerous accounts on various platforms and websites, often using the same weak password for all of them. Tech-literate users employ different passwords for different accounts, and strong ones at that. Those who are t… Continue reading Researchers extract master password in cleartext from 1Password

Downtime Can Cost a Company up to $67 Million Over Two Years, Threatening Brand Reputation

A cyber-incident inflicts damage beyond just downtime and recovery costs. A breach can spell disaster for a company’s image, leading to devaluation, lost business, high turnover, and even bankruptcy in extreme cases. However, a breach isn&#8… Continue reading Downtime Can Cost a Company up to $67 Million Over Two Years, Threatening Brand Reputation

Ransomware to land cyber-crooks decades in Maryland prisons if new bill passes

Ransomware attacks have been increasing steadily for a few years, and operators gain confidence with every new strike. While cyber-experts burn the midnight oil coming up with solutions to thwart this dangerous form of malware, lawmakers in the U.S. st… Continue reading Ransomware to land cyber-crooks decades in Maryland prisons if new bill passes

Fear of Data Breaches Driving Big Businesses to Raise Spending on IT in 2019, Survey Shows

54 percent of companies will increase IT security spending in 2019, and almost a third will do so by 10 to 20 percent or more, according to a study by eSecurity Planet. The reason? Fear of data breaches and the penalties under new privacy regulati… Continue reading Fear of Data Breaches Driving Big Businesses to Raise Spending on IT in 2019, Survey Shows

Popular Torrents Uploader Caught Sharing ‘GandCrab’ Ransomware

Torrent sites are banning CracksNow, a popular source of torrent uploads, after discovering that the uploader of cracks and keygens was distributing ransomware. CracksNow was labeled as “trusted” before a number of users started noticing ba… Continue reading Popular Torrents Uploader Caught Sharing ‘GandCrab’ Ransomware