Cyber Security Threat Awareness

The explosion of IoT technologies incited users and organizations to swiftly adopt IoT devices to enhance process control and boost productivity. The rise of connected devices has transformed the way users’ data is processed and stored. Since IoT devices are smart devices and often interact with other devices over the internet, the personal information they The post 3 Common IoT Attacks that Compromise Security appeared first on CISO MAG | Cyber Security Magazine.

FBI stated that cybercriminals are leveraging SIM swapping attacks to steal millions from U.S. citizens. The agency recently disclosed the increase in SIM swapping accounts to compromise victims’ virtual currency accounts and steal money. From January 2018 to December 2020, the FBI Internet Crime Complaint Center (IC3) received 320 complaints related to SIM swapping incidents The post FBI Issues a Lookout for SIM Swapping Attacks appeared first on CISO MAG | Cyber Security Magazine.

Security experts from QNAP Systems uncovered a new ransomware variant actively targeting all Internet-connected Network-attached storage (NAS) devices. Tracked as DeadBolt, the ransomware reportedly compromises NAS devices that are not secured, encrypting users’ sensitive information for Bitcoin ransom. It is found that the DeadBolt ransomware campaign mostly encrypted the NAS devices located in the U.S., The post Researchers Found New Ransomware DeadBolt Targeting NAS Servers appeared first on CISO MAG | Cyber Security Magazine.

The Office of Management and Budget (OMB) in the U.S. released a national strategy to move the government towards a zero-trust security model for better cybersecurity outcomes. The strategy is a part of delivering President Biden’s Executive Order on Improving the Nation’s Cybersecurity, intended to boost the security of the nation’s critical digital infrastructures against rising cyberattacks. The The post U.S. Government to Adopt The Zero-Trust Security Model appeared first on CISO MAG | Cyber Security Magazine.

Data regulations and privacy laws will go in vain if users and organizations do not obey them. Recent research from Cytrio, a data privacy compliance company, revealed that only 11% of organizations are fully meet California Consumer Privacy Act (CCPA) requirements, especially when managing Data Subject Access Requests (DSARs). And 89% of companies are either The post 89% of Organizations Are Non-compliant With CCPA Law appeared first on CISO MAG | Cyber Security Magazine.

Unknown cybercriminals targeted Canada’s foreign ministry Global Affairs Canada (GAC), in a cyberattack. The incidents affected certain critical services and disrupted some online services temporarily. “Critical services for Canadians through @GAC_Corporate are currently functioning. Some access to the Internet and internet-based services are not available as part of the mitigation measures, and work is underway The post Global Affairs Canada Hit by Cyberattack appeared first on CISO MAG | Cyber Security Magazine.

After a year of unprecedented cyberattacks on several hospitals and medical centers across the globe, the health care sector has become a primary target to threat actors. In addition to exploiting patients’ data and disrupting hospital networks, cybercriminals are now targeting critical connected-medical devices deployed in hospital environments. According to research from Cynerio – a The post Over Half of Medical IoT Devices Found Vulnerable to Cyberattacks appeared first on CISO MAG | Cyber Security Magazine.

Cybercriminals often exploit leaked/stolen sensitive user information to perform various cyberattacks, including phishing and identity theft. The rising information leaks on dark web forums show that no one is immune to data breach incidents. As per research from Tenable, a cyber exposure company, over 40 billion records were exposed worldwide in 2021. Tenable’s Security Response Team The post 40 Billion User Records Exposed Globally in 2021 appeared first on CISO MAG | Cyber Security Magazine.

Banks and financial institutions are always on a hacker’s target list. Cybercriminals recently targeted Bank Indonesia (BI), disrupting its operations temporarily. According to a report, the central bank of the Republic of Indonesia confirmed that it had sustained a ransomware attack. However, the bank also clarified that the attack did not impact its operations or The post Bank Indonesia Suffers Ransomware Attack, Suspects Conti Involvement appeared first on CISO MAG | Cyber Security Magazine.

Cryptocurrency exchange platform Crypto.com announced that unknown threat actors compromised its user accounts. In an official release, the company stated that a small number of users encountered unauthorized crypto withdrawals on their accounts. The intrusion reportedly affected 483 Crypto.com user accounts. The unauthorized withdrawals totaled 4,836.26 Ethereum coins worth $15,132,516, 443.93 in Bitcoin worth $18,613,630, The post Crypto.com Suffers Unauthorized Activity Affecting 483 Users appeared first on CISO MAG | Cyber Security Magazine.