Zayo Group Holdings, Inc., a prominent global player in communication infrastructure, has unveiled its annual Distributed Denial of Service (DDoS) Insights Report, shedding light on the alarming rise of DDoS attacks and their profound impact across various sectors during the first half of 2023.
In the digital age, the line between authentic and fake communication has become increasingly blurred, with the rise of generative AI posing new risks to cybersecurity. Recognizing and averting phishing attempts has become a crucial skill, but even the experienced can fall prey to cunningly crafted scams, as one individual discovered.
In an unprecedented move, China has taken decisive action against personal data breaches, closing a staggering number of cases while also unveiling draft laws to regulate facial recognition technology. Over the past three years, Chinese law enforcement has effectively shut down 36,000 instances of personal data violations, leading to the detention of 64,000 suspects, as per the Ministry of Public Security. These efforts are part of a broader initiative launched in 2020 to govern online activities, resulting in the seizure of more than 30 million SIM cards and 300 million “illegal” internet accounts.
Cybersecurity landscape has been rapidly changing, as hackers abandon phishing for exploiting software vulnerabilities, a trend illuminated in a study by Akamai. The study revealed a dramatic 143% increase in victims during Q1, predominantly due to surging incidents of zero-day and one-day vulnerabilities. Surprisingly, smaller organizations, particularly those within manufacturing, business services, retail, construction, and education sectors are often targeted.
Spectrum Enterprise, a division of Charter Communications, Inc., has recently inked a multi-year contract with the State of Wisconsin Department of Administration. The agreement will grant state agencies, municipalities, and educational institutions access to Spectrum Enterprise’s diverse portfolio of network, internet connectivity, and cybersecurity solutions. This move aims to streamline technology services procurement, fostering connectivity among employees and citizens and ensuring seamless digital operations.
Vonage, a leading global provider of cloud communications solutions for businesses’ digital transformation, has introduced the Vonage Protection Suite, a comprehensive lineup of counter-fraud products and solutions aimed at safeguarding against the ever-evolving threats of online fraud and cyberattacks. The suite empowers developers and businesses to create robust counter-fraud measures, offering a unique level of customer control in managing communications.
The EU’s messaging around “high-risk” vendors hints at a potential ban on Huawei and ZTE, urging members to accelerate their removal from 5G networks. As the EU Commission pushes for swift implementation, the debate on security risks and dependencies intensifies.
Ofcom falls victim to Clop ransomware attack, compromising personal data of 412 employees and confidential information of regulated companies. The breach exposes vulnerabilities in MOVEit software, prompting industry-wide reevaluation of cybersecurity measures.
Rising Ransomware Costs Versus Cybersecurity Countermeasures Industry reports indicate that hackers are thriving despite advancements in cyber defense. The median cost of ransomware attacks has doubled to $26,000 over the past two years, with 95% of incidents resulting in financial loss ranging from $1 to $2.25 million. Social engineering and phishing remain highly effective tactics due to the human element. Senior leadership is increasingly becoming a cybersecurity threat. Governments and law enforcement agencies are taking more decisive actions against high-profile attacks, but these measures mainly deter hackers from targeting less coordinated markets. IoT devices used in DDoS attacks have risen to 1 million, accounting for 40% of global DDoS traffic, necessitating stronger network security and awareness. Despite improved measures, hackers are expected to continue succeeding. Read the full article Viasat Selected for AFRL’s ARBALEST Program: Enhancing Tactical Space Connectivity Viasat Inc., a global communications company, has been chosen by the…
Telefónica Tech expands its global Cyber Security and Cloud operations with a new Digital Operations Center in Bogotá, offering extended support hours and further strengthening its worldwide presence with skilled experts. As a technology benchmark, the move highlights the growing importance of data security in digital transformation.
