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.
While major, multi-million dollar man-in-the-middle attacks have remained under the radar in recent months, spear phishing and social engineering attacks are on the rise as fraudsters continue to take advantage of the uncertainty surrounding COVID-19.
We are excited to share that ManageEngine’s Log360 has been awarded the 2020 Fortress Cyber Security Award for Threat Detection. The Business Intelligence Group’s unique scoring system measures performance across multiple business domains.
Pitney Bowes, a global package delivery giant, has been hit by a second ransomware attack in less than seven months, according to ZDNet. Those responsible for the attack have released screenshots portraying directory listings from inside the company’s network. What is Maze ransomware and what makes it so special?
According to McAfee, Adaptive Threat Protection (ATP) is an endpoint security’s optional module that analyzes organizational content and decides action based on file rules, reputation, and reputation thresholds. According to another source, the ATP is a security model that monitors threats, improves cybersecurity risks changes, and evolves to meet the need for security systems that are integrated with IT for continuous deployment, as well as in hybrid environments and the virtual cloud.
When it comes to card-not-present transactions, security is constantly a moving target. Between February and April, the peak period when COVID-19 was spreading across much of the US, cyber-attacks against the financial sector were reported to have risen by 238%. The exponential growth of digital payment transactions, combined with the increasing variety of customer-facing devices and payment applications, has many financial institutions re-evaluating their approaches to cybersecurity.
Software development and delivery is an ever-changing landscape. Writing software was once an art form all its own, where you could write and deploy machine code with singleness of purpose and no concern for things like connecting to other computers. But as the world and the variety of systems that software supports became more complex, so did the ecosystem supporting software development.
With the new normal adding several more challenges and variables to the security layer, how do you ensure your data is safeguarded without increasing the workload or the headcount of your security team? Using advanced analytics, in tandem with endpoint monitoring applications such as ManageEngine’s Mobile Device Manager Plus and Desktop Central, will help you better visualize and analyze your endpoint data, identify patterns, and establish correlations.