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Security: Cyber Extortions on the Rise
Would you trade your day job for one paying $360,000/year? That’s the average pay for cybercriminals running extortion scams. The scams target executives, doctors and other high-worth individuals. The Jeff Bezos case may have just been the tip of extortion…
Security: Encryption is not without Pitfalls
$145 million of the cryptocurrencies managed by the exchange Quadriga were lost earlier this year on the death of Gerald Cotten. Cotten, who was the founder of Quadriga, was the only person with the crypto keys to gain access to…
Security: Business use of Biometric Authentication to Grow Rapidly
Workers will soon be using biometrics authentication on a regular basis to gain access to their workplace information. Gartner says that in just three years that 70 percent of organizations will be using biometric access for their smartphone apps, compared…
Security: Venture Capital Flows to Security Startups in 2019
Where are venture capitalists investing their dollars in 2019? With the avalanche of breaches and security issues in 2018, security is now a hot area for startup investments. Thomas Weithman, managing director of CIT GAP Funds, said that “we expect…
Security: Third-Party Suppliers Major Source of Business Data Breaches
Third party vendors and suppliers are the source of more than 60 percent of data breaches according to a survey by Ponemon Institute and Opus. The survey by Ponemon found that the number of third-party incidents is going up, partly…