We recently partnered with Enterprise Strategy Group (ESG) to survey software development and security professionals about modern application development and how applications are tested for security. The soon-to-be-announced survey found that 53% of organizations provide security training for developers less than once a year, which is woefully inadequate for the rapid pace of change in software development.
The Federal Bureau of Investigations (FBI) released a flash alert in which it warned organizations about the dangers of Netwalker ransomware. On July 28, the FBI revealed in Flash Alert MI-000130-MW that it had received notifications of attacks involving Netwalker against U.S. and foreign government organizations along with entities operating in the healthcare and education sectors.
The pervasive impact of Internet of Things (IoT) devices on our lives is greater than that of traditional IT devices. There are several unknowns in IoT security, and it raises concerns for customers who are looking to incorporate IoT devices in their existing infrastructure. Fortunately, security by design can resolve some of the major root causes of the underlying vulnerabilities in these connected devices.
The COVID-19 Pandemic has enabled contactless payment volumes to increase quicker than previously projected. According to Juniper research, contactless payments will triple to $6 trillion worldwide by 2024, up from about $2 trillion in 2020, as the amount of mobile wallet transactions increase and banks expand the use of contactless cards.
In June 2020, a knife attack at a kindergarten in China injured 39 people, many of them children. The perpetrator was a security guard at the school. This was an insider attack and a horrific act that happens far too often across the world. While the majority of the cybersecurity industry is focused on securing data, the growing convergence of digital and physical security remains unhinged.
Just like how computers use trusted third parties and chains of trust to connect with one another, organizations use (admittedly much slower and more human powered) authoritative standards organizations (AICPA) and certified audit firms to create a trust system between organizations.