Average Ransomware Payment Rose 13% to $6,700 in Q4 2018 from Q3

Average Ransomware Payment Rose 13% to $6,700 in Q4 2018 from Q3

by Filip Truta, from Business Insights , on 22.02.2019

Despite knowing better, many organizations cave into attackers’ demands, paying ransomware operators whatever they ask for in exchange for the decryption keys to their locked data. read more

Downtime Can Cost a Company up to $67 Million Over Two Years, Threatening Brand Reputation

Downtime Can Cost a Company up to $67 Million Over Two Years, Threatening Brand Reputation

by Filip Truta, from Business Insights , on 21.02.2019

A cyber-incident inflicts damage beyond just downtime and recovery costs. A breach can spell disaster for a company’s image, leading to devaluation, lost business, high turnover, and even bankruptcy in extreme cases. However, a breach isn’t the only cyber-threat lurking in the business sector. read more

ETSI launches world’s first applicable standard for consumer IoT security

ETSI launches world’s first applicable standard for consumer IoT security

by Filip TRUTA, from IoT Security Insights , on 20.02.2019

Security has been a problem in the IoT realm for years, especially on the consumer side. Default passwords, lax firmware controls, open ports and exposed services have enabled bad actions, from spying on moms breastfeeding to turning thousands of smart devices into botnets capable of taking down the Internet. But if one standards institute has ... The post ETSI launches world’s first applicable standard for consumer IoT security appeared first on Bitdefender. read more

The Impact of Quantum Computing on Cybersecurity

The Impact of Quantum Computing on Cybersecurity

by Business Insights , on 20.02.2019

Earlier this year, Quantum computing took another big step out of the laboratory and toward commercial viability with the release of the IBM Q System One. Last year Google announced its ‘Bristlecone’ Quantum Computing Chip. read more

US Version of GDPR Could Be in the Cards for 2019

US Version of GDPR Could Be in the Cards for 2019

by Business Insights , on 19.02.2019

Only three months short of its first year anniversary on May 28, it’s time to take a look at EU’s GDPR by numbers. Enforced to protect European users from unethical and illegal commercial practices, the internet privacy law has so far led to three major fines for privacy infringement. read more

New GandCrab v5.1 Decryptor Available Now

New GandCrab v5.1 Decryptor Available Now

by Bogdan BOTEZATU, from Bitdefender Labs , on 19.02.2019

Today we’re happy to announce that our collaboration with the Romanian Police, Europol and other law enforcement agencies has yielded another new decryptor for all GandCrab ransomware versions released since October 2018. If you need to decrypt versions 1, 4 and up through 5.1, then download and run our brand new tool: Bitdefender Labs on […] read more

Fear of Data Breaches Driving Big Businesses to Raise Spending on IT in 2019, Survey Shows

Fear of Data Breaches Driving Big Businesses to Raise Spending on IT in 2019, Survey Shows

by Filip Truta, from Business Insights , on 18.02.2019

54 percent of companies will increase IT security spending in 2019, and almost a third will do so by 10 to 20 percent or more, according to a study by eSecurity Planet. The reason? Fear of data breaches and the penalties under new privacy regulations like Europe’s GDPR. read more

10 ways to deadbolt your Google account

10 ways to deadbolt your Google account

by Filip TRUTA, from HotForSecurity , on 15.02.2019

2018 alone has seen billions of accounts hacked across a wide range of applications and services, proving once more that even the biggest Internet players can’s always keep users’ accounts under lock and key. Hackers are increasingly apt at flying under the radar, making life hard for everyone in their crosshairs. While big companies have [and#8230;] read more

Bank of Valletta Shuts Down Operations after Hackers Attempt 13 Million EUR Transfer Overseas

Bank of Valletta Shuts Down Operations after Hackers Attempt 13 Million EUR Transfer Overseas

by Business Insights , on 15.02.2019

Financial services organizations operate with high volumes of valuable data, making them an attractive target for hackers. They are vulnerable to scams, fraud and banking Trojans, so data security in this sector is critical. IT executives struggle to optimize cybersecurity, as they often deal with low budgets and a lack of skilled workers to implement better security. These are top roadblocks, especially as open banking exposes their data and infrastructure to third-party vulnerabilities. read more

TikTok Might Be Banned in India over Cyberbullying

TikTok Might Be Banned in India over Cyberbullying

by Luana PASCU, from IoT Security Insights , on 14.02.2019

Indian authorities from the state of Tamil Nadu want to ban the popular video-making Chinese app TikTok, one of the most downloaded apps in Asia and the US. The video platform, which has more than 500 million users worldwide, has become very popular in India, especially among teenagers. By allowing users to create 15-second videos, ... The post TikTok Might Be Banned in India over Cyberbullying appeared first on Bitdefender. read more

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