Digital technologies have been transforming our world for the past few decades. For instance, the Internet of Things (IoT) and cloud computing have induced an evolution in the way we as society live our everyday lives as well as how many enterprises conduct business. This evolution has started to enter the industrial realm, most notably the Industrial Internet of Things (IIoT) and Industry 4.0 and how these forces have driven other innovative ideas such as smart factories.

The fact that scammers haunt Facebook and Twitter is not surprising. Even so, digital criminals don’t stop with just those two platforms. They’re also known to stalk users on LinkedIn where connections carry greater professional gravity. Fortunately, users can stay alert of such activity by familiarizing themselves with the most common types of LinkedIn scams. Here are five ruses, in particular, that should be on their radar.

Security researchers at Palo Alto Networks have discovered a new malware threat that targets Macs in what appears to be a sophisticated attempt to raid cryptocurrency wallets. The malware, which researchers have dubbed CookieMiner, has a variety of weapons in its armory that could make it particularly worrisome for cryptocurrency investors.

In July 2019, Capital One made news headlines not for achieving another milestone but because it had been breached. Capital One was using AWS cloud services, as many businesses are doing nowadays. The problem stemmed (in part) because Capital One had a misconfigured open-source Web Application Firewall (WAF) hosted in the cloud with Amazon Web Services (AWS).

Given a surge in digital threats like ransomware, it is no surprise that the field of information security is booming. Cybersecurity Ventures estimates that there will be 3.5 million job openings across the industry by 2021. Around that same time, the digital economy research firm forecasted that global digital security spending would exceed one trillion dollars.

In June of this year, my colleague Tom Taylor wrote about the DoD’s announcement to instate the Cyber Security Maturity Model Certification (CMMC) and elaborated on the fact that, with the CMMC, the DoD appears to be addressing our customers’ core compliance pain points: Since its announcement in May, the DoD kicked-off a “listening tour” to solicit feedback from the Defense Industrial Base sector, according to the CMMC website.

GDPR is a landmark in privacy jurisdiction. Through its 99 articles, it sets a framework for both businesses and individuals on their rights and responsibilities when it comes to protecting privacy. The most important element in my opinion is that privacy functions a fundamental human right and needs to be protected.

The cost of a breach is on the rise. A recent report from IBM revealed that the average cost of a data breach had risen 12 percent over the past five years to $3.92 million per incident on average. Additionally, this publication uncovered that data breaches originating from malicious digital attacks were both the most common and the most expensive types of security incidents.