#Privacy: Cyber rises to top of global business risk list for first time, study finds

For the first time ever, Cyber incidents ranks as the most important business risk globally in the ninth Allianz Risk Barometer 2020, relegating perennial top peril Business interruption (BI) to second place. Seven years ago, cyber ranked 15th with just 6% of responses. Changes in legislation and regulation (#3 with 27%) and Climate change (#7 with […]

#Privacy: New no-password technology pushes case for biometrics

According to Verizon’s data breach report, 81% of company data breaches are due to weak or stolen passwords. To reduce security risks and IT costs, while maintaining security and convenience, password-less authentication is gaining mainstream adoption. It’s a trend championed by fingerprint security solution startup, AuthenTrend. “Our vision and goal is to replace passwords with […]

#Privacy: Around 44m Microsoft users have reused passwords

Tens of millions of Microsoft users are employing the same usernames and passwords that have been previously leaked online from security breaches.  Microsoft’s threat research team checked over 3 billion credentials obtained from security breaches in 2019, to which the team found a match for over 44 million Azure AD and Microsoft Services Accounts.  “For […]

#Privacy: Most cameras are operating on outdated firmware, study finds

As many as 68.4 percent—or almost 7 out of 10—cameras are currently running out of date firmware, a new study has found. According to research conducted by Genetec, outdated camera firmware, and failing to change default passwords present some of the biggest weaknesses in cybersecurity defense and as the number of interconnected security devices keeps on […]

#Privacy: Threat intelligence – using data against cyber-attacks

Small businesses in the UK are facing 10,000 cyberattacks every day, with the annual cost of the attacks estimated at £4.5 billion, and the average cost of an individual attack around £1,300. Perhaps surprisingly, despite these figures, cybercrime protection is often a secondary business priority. One data-driven security tool in particular, threat intelligence is under-rated […]

#Privacy: Research finds firms don’t feel ready for cyber-attacks and data breaches

A new study conducted by intelligence-led security company, FireEye, surveyed over 800 CISOs and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of cyber security’s most prevalent topics. The global snapshot provided by the study offers context that can aid critical planning discussions with key stakeholders. “Our new FireEye Cyber […]