How human-like bots perform online fraud
2019 saw login pages as prime targets for fraudsters across different verticals. They are using bad bots to carry out two types of online fraud: (1) account takeover to steal PII and payment card details (2) fake account creation to validate stolen payment card details (carding attacks) or cash out stolen cards. For online businesses and their customers, the growing threat of online... By Nikhil Taneja
Financial gain remains the key driver for cybercrime: Study
Financial gain remains the key driver for cybercrime with nearly nine in 10 (86%) breaches investigated financially-driven, according to Verizon’s 2020 Data Breach Investigations Report. The vast majority of breaches continue to be caused by external actors - 70% - with organized crime accounting for 55% of these. Credential theft and social attacks such as phishing and business email compromises... By CIO&Leader
DevOps adoption rises as developers exercise more direct control over IT environments: Study
The rising rates of DevOps adoption and implementation of new tools has led to sweeping changes in job functions, tool choices and organization charts within developer, security and operations teams, according to GitLab’s fourth annual DevSecOps survey. The survey of over 3,650 respondents from 21 countries worldwide uncovered how roles across software development teams have changed as more teams... By CIO&Leader
Phishing campaigns impersonating popular video conferencing apps, Aarogya Setu app & WHO
In recent trends, threat actors are taking advantage of pandemic situation to trick the users to give up their sensitive information by taking advantage of the interest associated with recent novel coronavirus activities, news and information, according to cert-in. Threat actors impersonate popular video platforms Zoom, Google Meet, Microsoft Teams, the Aarogya Setu app and WHO to send phishing... By CIO&Leader
Cloud spend hits record high in Q1, 2020 due to remote working demand
Cloud infrastructure services spend hit yet another record in Q1 2020, growing 34% to USD 31.0 billion, according to Canalys. Growth in cloud services was driven by organizations around the world moving to remote working as the COVID-19 pandemic hit. As a result, enterprises sought rapid access to compute resources in the face of lockdowns and disruption. A surge in demand for online... By CIO&Leader
41% of employees use personal apps to access sensitive company data while WFH: Survey
41% of remote workers are accessing critical and confidential work data via unsecured personal applications, which could allow cybercriminals easy access to valuable corporate data, trade secrets, and corporate intellectual property (IP), according to Wrike’s 2020 Remote Work Security Survey. The survey reveals that while employers are investing in remote work, security initiatives are not being... By CIO&Leader
IT professionals more worried about corporate security than home security: Study
Data security is creating fear and trust issues for IT professionals, according to the third-annual Oracle and KPMG Cloud Threat Report 2020. The study of 750 cybersecurity and IT professionals across the globe found that a patchwork approach to data security, misconfigured services and confusion around new cloud security models has created a crisis of confidence that will only be fixed by... By CIO&Leader
COVID-19: Time to rethink BCP
Pandemic like COVID-19 has made us all rethink our Business Continuity Planning (BCP). For some organizations, BCP was just a term and a tick in the box until the arrival of COVID which has made every organization test and replan its defences. This implies that BCP should be a key element of your cybersecurity program. But how to make sure what all to have in BCP and where to start from? Here... By Meetali Sharma
Because of IT people….
I am not exactly a WhatsAppian but I loved this WhatsApp forward. “Because of IT people,” it said….”all banking systems continue to function”, “all hospitals are functioning”, “your kids are learning online,”…it went on, giving at least a dozen examples. IT managers are not recognized by common people because they work in the background. That is quite understandable. But don’t the... By Shyamanuja Das
When the going gets tough....
Most of you would have received this WhatsApp joke about COVID-19 being a far more effective driver of digital transformation within enterprises than either the CIOs or CEOs. The joke has an element of truth in it, like all good jokes do. Executives who were finding all the excuses not to use spreadsheets on their computers are now working on collaborative documents quite smoothly.... By ITNEXT
Future of Workspaces—Substantial Changes Might Not Take Place
Every humanitarian crisis disrupts the way certain things are carried out and sets precedence for a new order. The COVID-19 public health emergency has changed the way we greet each other, interact with others, learn and work. Working from Home has become the new order during the lockdown. Dining tables turned workstations and we are reinventing ways of managing teams, scheduling the work, using... By Rami Reddy