The Hong Kong Monetary Authority's Cybersecurity Fortification Initiative 2.0, an updated version of a framework designed to strengthen cyber resilience in the banking and financial sector, will officially roll out in January and be implemented over the following two years.
Andy Bates, executive director of the Global Cyber Alliance, shares his insights on key cybersecurity and fraud challenges facing UK organizations in the year ahead, with an emphasis on:
How defenders and defenses must adapt
Security experts are urging organizations to patch a newly revealed serious flaw in Microsoft SharePoint as quickly as possible because proof-of-concept exploit code is already available. The U.K.'s National Cyber Security Center warns that hackers frequently target fresh SharePoint flaws.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
According to EY, consumers, regulations, and business concerns are driving UK public and private sector industries to re-examine their data disposition processes, particularly for sensitive and personal information. We'll show how UK enterprises can ensure data security at data end-of-life, comply with data protection...
TikTok and WeChat both received reprieves over the weekend that helped avert U.S. blocks of their social media apps. President Donald Trump says he has given his "blessing" to a deal that would see Oracle and Walmart take a stake in TikTok's U.S. operations. Separately, a federal judge suspended a WeChat ban.
What's one of the worst things that can happen during a pandemic? The answer is anything that gives people less reason to trust in their public health system to handle the crisis. Enter a data breach that has exposed personal information for everyone who's ever tested positive for the disease in Wales.
Companies are collecting all kinds of data about our online activities, whether we are browsing the Internet, watching online content, or posting on social media. Together, this record of our data makes up our digital identity. However, there is no official list of what data is collected, leaving consumers confused...
Ransomware continues to pose a "significant" threat, and email remains one of the top attack vectors being used by both criminals and nation-states, Australia's Cyber Security Center warns in its latest "Cyber Threat Report," which urges organizations to improve their defenses.
Recent hacking incidents, including one targeting Twitter, are raising awareness of the importance of privileged access management, says David Boda, group head of information security for Camelot Group, operator of the U.K. National Lottery. He describes PAM best practices.
The latest edition of the ISMG Security Report features a discusssion with Equifax CISO, Jamil Farshchi, on the lessons learned from the credit reporting firm's massive data breach three years ago. Also featured: Australians' driver's licenses leaked; privileged access management tips.
The number of cybersecurity incidents reported to the U.K.'s data privacy watchdog has continued to decline, recently plummeting by nearly 40%. But is the quantity of data breaches going down, or might organizations be failing to spot them or potentially even covering them up?
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
Marriott faces another lawsuit, filed in Britain, over the breach of its Starwood guest reservation system. The breach ran from 2014 to 2018 - Marriott acquired Starwood in 2016 - and exposed personal information for an estimated 7 million customers in the U.K.
Implementing an adaptive, risk-based authentication process for remote system access is proving effective as more staff members work from home during the COVID-19 pandemic, says Ant Allan, a vice president and analyst at Gartner.