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Cost: Ransomware hits financial service providers particularly hard

More than 1,7 million euros in recovery costs - when ransomware hits a financial service provider. The international Sophos ransomware study shows: Financial service providers hit ransomware particularly hard - at the same time they also prove to be more resilient because they rely on backups. Financial service providers worldwide have to spend an average of 1,72 million euros in order to be able to work again after a ransomware attack. This is what Sophos determined in its analysis "The State of Ransomware in Financial Services 2021". The global mean of all industries is slightly below 1,59 million euros. At the same time, the studies show that the financial sector is quite resistant to ransomware attacks: 62 ...

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Darknet: supply of stolen data 11 times higher than in 2015
Darknet: supply of stolen data 11 times higher than in 2015

As a Bitglass study shows, the spread of stolen data in the Darknet is 11 times higher than in 2015. “Where's My Data” experiment 2021 shows that the Darknet has become a larger and busier trading center. A new study by cloud security provider Bitglass shows how cybercriminal behavior and the value of stolen data have developed in the darknet. Bitglass carried out the world's first data tracking experiment back in 2015 to better understand how data is viewed and accessed in the darknet. In the face of increasing digitization and a growing number of data protection violations, the Bitglass Threat Research Group ...

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KRITIS: Badly protected industrial control systems
KRITIS: Badly protected industrial control systems

Industrial control systems are often inadequately protected against cyber attacks, as security researchers from CloudSEK report. This also applies to companies in the critical infrastructure. A comment from 8com. Countless companies and institutions are under attack by cyber criminals every day - in many cases without them noticing. Attacks from the Internet have increased continuously in recent years and by now every IT manager should know that a stable line of defense against cyber criminals is a duty. Attacks on KRITIS have strong effects The effects a successful attack on companies in the critical infrastructure can have was ...

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Too many security solutions in the company overwhelm SOCs 
Too many security solutions in the company overwhelm SOCs

As a study by Trend Micro shows: a large number of security tools are driving the outsourcing of detection and response. But a third of German SOCs (Security Operation Centers) are overwhelmed by the multitude of security solutions in the company. Trend Micro, one of the world's leading providers of cybersecurity solutions, publishes new study results. This shows that large German companies use an average of 25 different security solutions (29 worldwide). Given this high number, it is becoming increasingly difficult for security operations centers (SOCs) to prioritize alerts and effectively control security risks. Up to 29 security solutions in ...

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Trend Micro is investigating attack routes in connected cars

New study helps minimize cyber risks beyond the current WP.29 requirements. Trend Micro examines attack paths and scenarios in connected cars in the study: Identifying Cybersecurity Focus Areas in Connected Cars Based on WP.29 UN R155 Attack Vectors and Beyond. Trend Micro, one of the world's leading providers of cybersecurity solutions, has published a new study on cybersecurity in connected vehicles. This supports manufacturers, suppliers, authorities and service providers in implementing the new UN regulation on the cybersecurity of connected vehicles. It also analyzes cyber risks that are not yet taken into account in the current requirements. Cyber ​​risks in ...

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Report: Expectations vs. Reality in Third Party Risk Assessments
Report: Expectations vs. Reality in Third Party Risk Assessments

Data protection, access management, cloud security, incident detection and handling and business continuity: CyberVadis study reveals potential gaps that lead to an increased third party risk. CyberVadis, a leading company for third party cybersecurity risk assessments, has published a new study to analyze the cybersecurity measures declared by companies in comparison to the evidence-based assessments from CyberVadis. The report focuses on five key areas of cybersecurity - data protection, access management, cloud security, incident detection and handling, and business continuity - to uncover potential loopholes that could lead to increased third party risk from uncertified assessments….

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Every third suspicious email is also a threat
Every third suspicious email is also a threat

Around 33 percent of the e-mails reported as suspicious actually turn out to be a potential threat, as a study by F-Secure now shows. Phishing emails were the most common. For a study, F-Secure security experts analyzed more than 200.000 emails that were reported as suspicious by employees in companies around the world in the first half of 2021. They come to the conclusion that around one in three of these emails actually posed a potential threat. Most of the time it was phishing campaigns that extracted personal information from the victims ...

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80 percent of companies expect data theft

Over 80 percent of all German companies expect their customer data to be stolen in the next year. The Trend Micro Cyber ​​Risk Index shows that companies are exposed to an increased risk of attacks - German companies have the most concerns in a European comparison. Trend Micro, one of the world's leading providers of cybersecurity solutions, confirms with a new study that the risk of cyber attacks has increased over the past year. For the next 12 months, 83 percent of all German companies assume that they will be affected by data theft. Most of the respondents judge attacks as ...

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Election 2021: Citizens fear fake news and targeted propaganda
AvastNews

Avast survey: majority of German citizens fear fake news and targeted propaganda messages could influence federal elections. In a poll in the run-up to the 2021 federal election, Avast found that two out of three of the German citizens surveyed believe that fake news and propaganda could influence the outcome of the federal election. More than half consider cyberattacks on candidate politicians and parties to be possible, with almost half also believing that the resulting data leaks could have an impact on the election results. The survey focuses on questions about respondents' attitudes towards cybercrime, fake news and social bots ...

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Bots make up 40 percent of all Internet traffic
Barracuda News

New Barracuda Study: A Spike in Bot Traffic. Malicious bots make up 40 percent of all Internet traffic. Cloud security specialist Barracuda analyzed bot traffic patterns in the first half of 2021 and found that automated attacks had increased dramatically. The pattern of these attacks and what exactly the bot behavior looks like has now been published by the company in its report Bot attacks: Top Threats and Trends - Insights into the growing number of automated attacks. The report also breaks down live examples and explains measures and technologies that can be used to ward off these types of attacks. Automated bot traffic ...

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