Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Account takeover fraud is not new but it is growing fast. By 2018, account takeover fraud accounted for losses of around $4 billion. In 2021, this figure increased by more than 200%, and as of today, it is estimated to exceed $12 billion. A recent paper published by Microsoft has revealed a new and disturbing way of compromising accounts where hackers hijack accounts before users register them. For instance, they create an account in Zoom or Dropbox using the user's credentials.

For the education sector, data security ranges from the need to protect devices to safeguarding the sensitive information and privacy of its users, including students, their parents, and the institution's staff. Taking into account the current context in which educational centers operate, which involves combining remote learning and in-person teaching, as well as the use of personal devices, we analyze the most common cybersecurity threats affecting the sector.

Apart from external attackers, organizations need to consider another type of threat when planning their cybersecurity strategy: insider threats. There are different types of insiders. On the one hand, there are people who have secret knowledge and unintentionally create risk openings within an organization; and on the other, there are others who intend to cause harm, motivated by profit, extortion, or personal grievance. This means insiders can be classified as follows.

For legal professionals, digital transformation also delivers significant benefits. Integrating technologies such as e-signatures, automating contract creation, Cloud-based collaboration tools, AI-powered documents, clause and contract review tools, and Cloud-based services are boosting the competitiveness of law firms in the post-pandemic world. However, these technological advantages for legal professionals can be threatened through exposure to cybercrime.

In today’s business climate, more companies are looking for ways to enable their employees to work remotely. While this can certainly have its benefits, it also presents a unique set of challenges – not the least of which is how to keep your data secure. That’s where multi-factor authentication (MFA) comes in.

Technological advances in the healthcare sector have led to increased interconnectivity and Cloud-based infrastructures in order to maintain physical distance due to COVID-19 and address the urgent need to deal with overwhelming patient volumes through online care. According to data from Global Markets Insights, the healthcare Cloud computing market was valued at over $29 billion in 2020 and is expected to be worth $79.3 billion by 2027, with a CAGR of 13.4%.

A coworking space, or communal workspace, enables professionals from different companies and industries to share the same office environment. These spaces first became popular among freelance workers, then became the preferred workplace for start-ups, but now, since the hybrid work model has become part of everyday life, companies planning to downsize or close offices see these places as their new workspace.

In recent years there has been a growing trend for cybercriminals to target human resources departments in order to exploit the sensitive data they handle. Hackers can do a lot of damage, and make a lot of money, once they gain access to Social Security information, dates of birth, work history or employee and company bank account numbers.

Gartner predicted that in three years, “80% of enterprises will have adopted a strategy to unify web, cloud services and private application access from a single vendor’s security service edge (SSE) platform.” It seems like it wasn’t too long ago that the security industry was recommending multiple vendors to safeguard your business. Now the pendulum swings the other way. Fortunately, it’s a healthy sign for the cybersecurity industry.

WatchGuard and Miercom, an independent organization focused on product testing, have worked together on testing three MFA solutions to assess performance and cost effectiveness, as well as user and admin experience. AuthPoint MFA was tested competitively with two similar solutions: Cisco Duo and Azure MFA.