In March 2022, the Payment Card Industry Data Security Standard (PCI DSS) was updated with a number of new and modified requirements. Since their last update in 2018, there has been a rapid increase in the use of cloud technologies, contactless payments have become the norm, and the COVID-19 pandemic spurred a massive growth in e-commerce and online payments.
A new type of scam, called “pig butchering” is gaining momentum. Pig butchering is a unique scam which uses a romance scam script, but with an investment spin on it, where victims are groomed to invest large sums of money, often on fake crypto apps. Behind the scenes of these scams are scam centers run by cryptocurrency scammers, who coerce human trafficking victims into executing the online scam en masse, sometimes defrauding the unsuspecting victims of their life savings.
Ransomware is to blame for the closure of all 175 7-Eleven stores in Denmark on Monday. The retailer closed all of its stores in Denmark after its cash registers and payment systems were brought down in the attack.
This week, I spoke with a new client who told me all about how they are looking forward to addressing a number of internal issues surrounding their IT systems. They explained that over the last 12 months, they repeatedly had issues of delays in service and outages, which had affected their business. Discussing this further, I explored their relationship with the supplier and asked what due diligence they had performed prior to working with them.
Cybersecurity is becoming more of a common term in today’s industry. It is being passed around executive meetings along with financial information and projected marketing strategies. Within the cybersecurity lexicon, there are some attack methods that are repeated enough to become part of a “common tongue”. These terms are infrastructure agnostic; it does not really matter the infrastructure type you have.
During the last few years, we have witnessed an increase in advanced cyber attacks. Cybercriminals utilize advanced technology to breach the digital boundary and exploit enterprises’ security vulnerabilities. No industry feels secure; security professionals do their utmost to close security gaps and strengthen their cyber defense.
These are some of the opening words in the new survey published by ISMG and HelpSystems in the ‘Data Security Survey 2022’. The survey explores how COVID19 has permanently changed how CISOs approach Data Security. It is an important study because it recognises that in a world which is in a rush to return to ‘normal’ (whatever normal is now), change has come, and we need to respond to it.
At a time when the state of cybersecurity is constantly changing, with new and increasing threats arising each day, it is vital for all organizations to keep it near the top of their list of priorities. Business applications are increasingly targeted by cybercriminals, and their ability to protect and defend themselves against these attacks is a crucial part of their operations.
Life among America’s nearly 32 million small businesses has never been easy. According to the Small Business Administration, about 20% of small business startups fail in their first year and half succumb to failure within five years. Bigger businesses have always had more capital, better access to loans, and more staying power.
The rising number of cyber attacks against software applications has emphasized how security must serve as an important factor in software development. More than the traditional Software Development Lifecycle (SDLC) procedures, now security-integrated development lifecycles are being widely adapted. These aren’t the typical security assessments that are performed at the very end of development of the application, but embedded throughout the lifecycle.
