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McAfee Enterprise and FireEye Release Report Findings

posted on Dec 20, 2021
tags: security cybercrime fireeye mcafee online scams

McAfee Enterprise & FireEye release its Cybercrime in a Pandemic World: The Impact of COVID-19  research, examining the need for organisations to prioritise and strengthen their security processes ahead of the holiday season

The findings indicated that 81% of global organisations experienced an increase in cyber threats during the pandemic, with these threats set to increase well into the new year. As Australian’s prepare for the upcoming holiday season, businesses can expect to see a rise in cyber threats as employees and leaders count down the days for the upcoming holiday period. Key findings reveal: 

  • Over half (51%) of Australian organisations have suffered from downtime due to a cyber concern in the last 18 months, with 82% of those happening during peak season  
  • 83% of Australian IT professionals find maintaining a fully staffed security team even more challenging during peak periods
  • 87% of Australian IT professionals anticipate a moderate or even substantial impact on the... read more

How are Electronic Signatures and Digital Signatures Different from Each Other?

People often get confused between an electronic signature and a digital signature. Many people think that the meanings of both these terms are identical and that they are interchangeable. However, this is not the case. Both these terms are different from each other. In this article you will learn about electronic and digital signatures in detail and how these two concepts are different.

Electronic Signatures

An electronic signature, also known as eSignature, is a digital form of a wet ink signature. It can be described as any electronic symbol, image, process, or sound attached to a message or document to recognize the identity and provide consent on it. It is often associated with a record or contract where a third party intends to sign the document. To put it simply, when there is a requirement to verify the document, eSignatures are used. It specifies that a person has acknowledged the contents of any electronic message or is authorizing that he/she is the person who has writ... read more

Why Cryptography Is Heavily Used in Internet Communications

Today, the internet has become the way to communicate, do business, shopping, study, etc. The covid pandemic has soared its usage even amongst those who did not use it earlier. Given that, it has also become the place for storing your most sensitive data. Simultaneously, the threat to our security and invasion of privacy has become a big concern. This is where cryptography and encryption come into the picture.

Here, we need to understand what cryptography is and why it is heavily used in internet communications.

What is Cryptography?

Cryptography is a technology that embraces coding and increases digital information and physical assets security. Through it, resources like network connections, computer time, and access to databases are accessible only to those individuals, systems, software processes, etc., authorized to access them.

In the term Cryptography, ‘Crypt’ stands for ‘hidden/vault.’ In contrast, ‘graph’ stands for ‘writing.’ The process involves using encryption ... read more

Why Cybersecurity Training is Non-Negotiable for Business Owners

The cyber security market is constantly evolving, with different threats emerging and new technologies emerging that must be understood and supported. We need to educate the next generation of cybersecurity professionals to help prepare them for the evolving cybersecurity landscape that they will face in the future.

One of the biggest threats to your business is cybercrime. Cybercrime costs businesses billions of dollars

each year, according to the FBI, which is why it’s so important for your business to understand the threats and take steps to protect your assets in cyberspace.

Cybercriminals Target Small to Medium Businesses

The recent surge of cybercrime has even greater implications for small businesses than it does for large enterprises, simply because the vulnerabilities are more easily exploited by hackers and cybercriminals. The SANS Institute says that small- to medium-sized companies are increasingly becoming targets for cyber attacks, and while some types of att... read more

The Future of Business Payments – Trends and Predictions

Payment methods have advanced technologically and rapidly in the past few years. Consumers can choose different ways depending on their circumstances as more payment methods have been streamlined. Payment methods move from traditional cash points as more people live cashless, meaning contactless payment methods are desirable. The new techniques also make it easier to move and manage money.

Biometric identification

Apple Pay and, more recently, Android Pay opened the gates to biometric authentication, from using fingerprints to using facial recognition. However, the technology’s growth is slow due to software support being limited. With software upgrades and more product launches, the future of business payments will open the world.

Heart beat analysis and iris recognition are currently tested technologies to ensure that payments’ security is up to standard, and every loophole is closed to criminals. With its accuracy and efficiency, more customers are using biometric payment ... read more

Remote Workforce Demands Biometric Identity Assurance

This recent rapid and increasing shift to a remote work model, however, can pose security risks to companies, especially if they are still using inadequate digital defenses. With remote working practices, there could be increased attempts to circumvent conventional security measures or use stolen data to impersonate legitimate employees to perform illegal acts.

Infographic Courtesy of: authID.ai

The post Remote Workforce Demands Biometric Identity Assurance appeared first on SiteProNews.

... read more

5 Tips to Make Your Gmail Account More Secure

You’re probably one of the 1.5 billion or so people who use Gmail, but many of us simply jump in and out of our inboxes without exploring some of the other features and capabilities which are designed to keep us secure and preserve our privacy. Google Mail includes a lot of tools and protections hidden beneath the hood that keep us safer from scammers while advertising and keeping our emails private and secret. I have listed a few of our favorites that you can use as guidelines for a more safe and secure Gmail account. But before you move further you might want to get a Gmail app ready on your desktop for easy access.

Identify and Block Suspicious Emails  

If someone is clogging your inbox but Gmail’s Report spam feature isn’t catching it, you can easily block individual senders. With an email open, click the three dots in the upper right corner, then select Block. Any future messages you receive from this sender are automatically routed to the Spam folder, where you will not be... read more

10 Ways to Be Immune to Cyberattacks

Cyber-attacks continue being a threat to our systems and our organizations. Unfortunately, it’s difficult to determine when and how the enemy will attack. Hence, we need to be prepared in case of anything.

The effects of a cyberattack are adverse. Most companies suffer huge losses. Hence, companies’ ability to safeguard their IT systems and any information is vital.

The following are some tips to help your company lessen the chances of cyberattacks.

Conduct a Risks and Vulnerabilities Test

First, you need to conduct a risk and a vulnerability test. The test will help you identify cybersecurity practices in your company, risks involved, threats, and vulnerability. You can do the assessment internally or hire an organization that can assist you.

The assessment will help you identify any information assets that hackers could target. With a knowledge of your vulnerabilities, you can plan different ways on how to safeguard the weak spots. 

The assessment should also ident... read more

5 Reasons Why Outsourcing Your IT Security is Not Scary

Outsourcing cybersecurity can be a daunting prospect, as many companies fear outsourcing can be costly and can rob them of the IT systems control they enjoy. Other concerns include insecure data storage on the part of IT security outsourcing companies. However, the knowledge of all pros and cons of outsourcing IT security and how to find the right partner will overcome any concerns. Read on:

What is IT Security Outsourcing?

IT security outsourcing is when you allow certified cybersecurity experts from an externally managed service to handle your company’s cyber protection needs.

Most businesses are increasingly realizing the need for outsourced IT security. When your organization involves an outsourced security provider in your incident response plan, you can access the resources you need to recover from a cyber-attack much more quickly. 

Outsourcing your cyber protection also ensures your company gets maximum protection from experts who specialize in securing and defendin... read more

6 Key Considerations for Selecting an IAM System in 2021

Enterprises today are migrating to the cloud at an unprecedented pace to weather the business challenges spawned amid the pandemic. In a manner of speaking, the crisis has served as a de facto catalyst for cloud adoption. However, the sudden switch to cloud is breeding a digital identity crisis of sorts. 

Due to the burgeoning demand, the current identity access management systems are increasingly overwhelmed. Of late, certifying access rights across multiple devices and servers has become an arduous process. Even if companies manage to do so at a swift pace, those rights are often not fully defined or understood.  This lack of comprehension is paving the way for unnecessary risks and productivity drain. As managers run from pillar to post to configure access, employees wait for ages desiring clarity. 

Companies should reexamine and renovate their current IAM systems with features designed to address today’s multifaceted access requirements.

Here are some key aspects organiza... read more