cyber threats Archives - AfricaBusiness.com

22Feb

By Africa BusinessNo Comments

Tech

ESET Threat Report: Ransomware and password guessing top cybersecurity threats

Ransomware surpassed the worst expectations in 2021, with attacks against critical infrastructure, outrageous ransom demands and over USD 5 billion worth of potential bitcoin transactions in the first half of the year alone. RDP (Remote Desktop Protocol) attack numbers from the last weeks of T3 2021 broke all previous records, amounting to a staggering yearly growth of 897%. Android banking malware detections rose by 428% in 2021 compared to 2020. ProxyLogon vulnerability was the second most frequent external attack vector in ESET’s 2021 statistics, right after password-guessing attacks. Attacks exploiting the Log4Shell vulnerability were the fifth most common external intrusion vector in 2021. ESET Research has released its T3 Threat Report for the fourth quarter of 2021, s...

Beating Cybercriminals at Their Own Game with AI Technology

25Jul

By Derek MankyNo Comments

Tech

Beating Cybercriminals at Their Own Game with AI Technology

By Derek Manky, Chief of Security Insights and Global Threat Alliances at FortiGuard Labs. Artificial intelligence (AI) technology is a powerful technology, and because of this, it holds great potential for exploitation by cybercriminals. Considering this, the only way that security leaders can stay ahead of bad actors is by gaining a true understanding of how this technology can be weaponized. Then, they can begin to develop effective strategies for confronting AI threats head-on. Malicious Uses of AI Technology As AI grows in adoption and sophistication, cybercriminals are looking for ways to seize upon its potential. The Electronic Frontier Foundation was already warning about potential malicious uses of AI back in 2018, including threats to digital, physical, and political securit...

27Apr

By Africa BusinessNo Comments

Tech

ThreatQuotient Sponsors ASRG to Enable Cyber Threat Intelligence Sharing Across the Automotive Industry

ThreatQ platform will support turning threat data into threat intelligence to be shared and applied to security solutions for automotive products ThreatQuotient™, a leading security operations platform innovator, announced that the ThreatQ™ threat intelligence platform will be utilized by the Automotive Security Research Group (ASRG) to facilitate cyber threat intelligence sharing across the automotive industry. ASRG, a non-profit with over 6,000 members in 19 countries, supports the development of security solutions for automotive products. As a key sponsor of ASRG, ThreatQuotient is providing a critical tool for automotive companies to strengthen their security practices. “ASRG’s goal is to reduce hesitation on the part of automotive stakeholders to share vulnerabilities or cyber issues...

22Mar

By Africa BusinessNo Comments

Tech

Cisco Report Finds That Cryptomining Malware Activity Affected 69% of Customers in 2020

News Summary: Nearly 90 percent of organizations had at least one user attempt to connect to a phishing site, most likely by clicking a link in an email. 70 percent of organizations had users that were served malicious browser ads. 51 percent of organizations encountered ransomware-related activity. Cisco has today published its DNS Security Report, which analyzes malicious DNS activity and threats that occurred between January and December of last year. The report examines data from Cisco Umbrella, the company's cloud-based network security platform, finding that cryptomining malware affected a vast majority of customers in 2020, generating substantial amounts of malicious DNS traffic, while taking up precious computing resources. During a year in which security issues have becom...

ThreatQuotient-sponsored 2021 SANS Cyber Threat Intelligence survey reveals impact of COVID

9Mar

By Africa BusinessNo Comments

Tech

ThreatQuotient-sponsored 2021 SANS Cyber Threat Intelligence survey reveals impact of COVID

Respondents to the survey indicate their usage of CTI changed significantly during 2020, influenced by sharp rise in COVID-related phishing and ransomware attacks. ThreatQuotient™, a leading security operations platform innovator, announced the results of the 2021 SANS Cyber Threat Intelligence survey. The spike in cyber breaches in the past year, compounded by COVID-related attacks, has only increased the importance of Cyber Threat Intelligence (CTI) in the past year. The survey, sponsored by ThreatQuotient, explores the state of play in the global use of CTI and outlines why the difficulties of the past year have contributed to the continued growth and maturity of CTI. "CTI is a key tool that can help regional businesses understand the intent of threat actors as they plan and conduct ma...

Cisco Reveals Top Cybersecurity Threats of 2020

10Feb

By Africa BusinessNo Comments

Tech

Cisco Reveals Top Cybersecurity Threats of 2020

Defending Against Critical Threats Report identifies migration to remote working and evolution of ransomware as key contributors towards diverse criminal activity Cisco has revealed the findings of its Defending Against Critical Threats Report, noting changes in criminal activity during 2020 and new methods of exploitation, arising as a result of the pandemic. During a year in which transitioning to digital infrastructures became essential for all, Cisco explores the ongoing complexity and evolution of cyber threats, to inform organizations and empower stronger decision-making. Increased Vulnerabilities with Remote Working Cisco Umbrella – a cloud-driven Secure Internet Gateway – examined traffic running through its DNS servers, identifying mid-March 2020 as a peak period of increased remo...