Security’s Top 5 – March 2024

In this edition of Security’s Top 5 from Security magazine, we showcase the top stories and new developments from across the security industry throughout March.

from Cybersecurity News https://ift.tt/YMd6UZv

There was an 81% year-over-year increase in ransomware attacks

An evaluation of nearly 4,900 ransomware attacks reveals information about malicious actors and their new techniques, their evolving operations and their global impact.

from Cybersecurity News https://ift.tt/cm3hkuW

Poor cyber hygiene and budgets leave organizations ill-prepared

Many organizations are vulnerable to risk, yet a majority of cyber leaders express confidence that their organization can manage risk. 

from Cybersecurity News https://ift.tt/LiC962s

Experts weigh in on the MITRE nation-state cyberattack

MITRE Corporation announced that it was the target of a nation-state cyberattack, and security leaders are sharing their insights. 

from Cybersecurity News https://ift.tt/VUpkSjM

Security leaders respond to disruption of LabHost, a fraud website

LabHost, a notable phishing-as-a-service platform, was disrupted by international investigations. Security leaders respond. 

from Cybersecurity News https://ift.tt/dsAKBrD

72% of CISOs believe AI solutions may lead to security breaches

A new report surveyed more than 400 CISOs from the United States and the United Kingdom to gauge their challenges, priorities and initiatives. 

from Cybersecurity News https://ift.tt/aIlVXuf

93% of security leaders anticipate daily AI attacks by 2025

Security leaders predict that AI will become a more prevalent tool in the tool kit of cybercriminals, potentially powering a range of cyberattacks. 

from Cybersecurity News https://ift.tt/bXj5wma

The real space race: Inside geopolitics and security of a $1.8T industry

In episode 22 of the Cybersecurity & Geopolitical Discussion, our trio of hosts debate the geopolitical and security dimensions of the current global space industry. 

from Cybersecurity News https://ift.tt/aOhxWb8

FTC issues refunds to Ring customers following privacy settlement

The FTC issues refunds after a settlement with Ring over charges the company allowed employees and contractors to access consumers’ private videos.

from Cybersecurity News https://ift.tt/TLBCKQn

73% of security professionals failed to act upon security alerts

Many small and medium-sized enterprises lack the resources and abilities to properly handle the large volume security alerts received. 

from Cybersecurity News https://ift.tt/HMtSah7

40% of organizations have AI policies for critical infrastructure

According to a recent study, 80% of cybersecurity decision makers say accelerating AI adoption is critical to their organization’s resilience.

from Cybersecurity News https://ift.tt/HC5V9IY

New research discovers vulnerability in an archived Apache project

Research has discovered a vulnerability in an Apache project that could lead to remote code execution inside of the production environment. 

from Cybersecurity News https://ift.tt/b983LDg

73% of security professionals failed to act during security alert

Security leaders in small and medium-sized enterprises are overwhelmed by the volume and complexity of security demands.

from Cybersecurity News https://ift.tt/CoD8cE3

66% of IT leaders doubt the government can defend against cyberwarfare

In a recent report, two-thirds of IT leaders express a lack of confidence in the United States government's ability to defend against cyberwarfare.

from Cybersecurity News https://ift.tt/2tcesO8

Report finds a near 20% increase in ransomware victims year-over-year

The number of victims experiencing ransomware incidents has risen since Q1 of 2023, rising by nearly 20% by Q1 of 2024. 

from Cybersecurity News https://ift.tt/DvdoT2k

Pentesting accounts for an average of 13% of total IT security budgets

A recent report has emphasized the prevalence and importance of pentesting among enterprise security teams. 

from Cybersecurity News https://ift.tt/D7TglI2

Nevada loses the most money to cybercrime

The widespread financial burden of cybercrime in the U.S. was recently analyzed by NoDepositRewards using data from the 2023 FBI crime report.

from Cybersecurity News https://ift.tt/tbu1P57

Report finds that only 5% of businesses have a cyber expert

Although cybersecurity is vital to an organization’s financial success, many companies do not have a designated cyber expert. 

from Cybersecurity News https://ift.tt/HunlTZ0

A vulnerability in Linux distributions may allow unauthorized access

A recently detected vulnerability in many Linux distributions may open the door for malicious actors to gain unauthorized access. 

from Cybersecurity News https://ift.tt/inqzj0w

Security leaders weigh in on the White House's order regarding AI

The White House held a press call in regard to the federal government's approach to AI, and security leaders are sharing their thoughts. 

from Cybersecurity News https://ift.tt/9X6YR3L

51% of check fraud victims had been targeted two or more times

Almost a third of Americans surveyed (31%) admitted to either not following best practices to avoid check fraud or being unsure whether they do so. 

from Cybersecurity News https://ift.tt/gZMrOUH

Security leaders discuss the U.S. Treasury's concerns regarding AI

The U.S. Department of the Treasury released a report regarding cybersecurity threats in the financial sector, specifically related to AI. 

from Cybersecurity News https://ift.tt/vFMQCkq

Talent shortage is leading to automation and outsourcing

A new report discusses trends in automation and outsourcing within IT teams. 

from Cybersecurity News https://ift.tt/RYdjQzs

DHS proposes reporting rules for critical infrastructure

Security leaders respond to the proposed critical infrastructure rules set forth by the DHS. 

from Cybersecurity News https://ift.tt/CjXTUMf

How do security leaders protect PII and other important data?

With rapidly changing restrictions and guidelines, security leaders have to be careful when protecting personally identifiable information.

from Cybersecurity News https://ift.tt/o0dQucl

Research reveals a resurfaced botnet targeting end-of-life devices

Recent research has identified a campaign that spans several years and targets end-of-life devices. 

from Cybersecurity News https://ift.tt/ZLinuMp

FTC denies new COPPA application

The FTC denied an application for approval of a new mechanism for obtaining parental consent under the Children’s Online Privacy Protection Rule.

from Cybersecurity News https://ift.tt/9TfVhEC

Government agencies collaborate on a guide to address DDoS attacks

The CISA and the FBI have partnered with the Multi-State Information Sharing and Analysis Center (MS-ISAC) to release a guideline for organizations to defend against DDoS attacks. 

from Cybersecurity News https://ift.tt/j2bN9Re

Florida Pediatric Associates health data impacted by data breach

Florida Pediatric Associates (FPA) announced that a data breach experienced by Bowden Barlow Law may have affected FPA health information.

from Cybersecurity News https://ift.tt/XirLpoJ