Ransomware is now the #1 security concern for organizations
Ransomware is a cyber epidemic that continues to evolve, targeting home users, businesses, and government networks globally. This type of cyberattack blocks access to your computer or network, and holds the information “hostage” until ransom is paid by virtual currency (typically Bitcoins). Ransomware infection methods are no different than “typical” malware - opening email attachments (even from known-senders), or visiting a webpage that surreptitiously installs the code.
The latest cyberattack in history, named “WannaCry”, recently affected more than 400,000 systems in 150 countries including United States, Canada and China (with the largest concentration of computers infected due to unlicensed or outdated versions of Windows), and approximately 4,000 other ransomware attacks have occurred daily since January 2016.
Understand what you need to do to monitor and protect your computer and information from these cyberattacks. This month's BrandProtect Executive Threat Brief provides the best practices to avoid the ransomware epidemic.
BrandProtect Executive Threat Briefs are designed to minimize your exposure by educating you and your team about simple steps you can take to protect your personal information online.
Just as the cyber-election manipulators are finishing their work, the "for-profit" population of on-line fraudsters are coming online -- launching their efforts to bilk the public between now and November 25, Black Friday, the peak of heaviest online shopping day of the year.
Mobile app fraud is dominating the first wave of this year's Black Friday cyber attacks. First reported in the New York Post, and further reported in the New York Times, a slew of imitation and copycat mobile apps have appeared online in the last few weeks - parodying trusted brands such as Dollar Tree and Foot Locker, iconic stores like Dillard’s and Nordstrom, online retailers like Zappos.com and Polyvore, and luxury-goods purveyors Jimmy Choo, Christian Dior and Salvatore Ferragamo.
What makes this wave of fraudulent applications different is the targeted platform: Apple's iOS.
Historically, the bulk of fraudulent mobile apps detected and analyzed by BrandProtect and other vendors have appeared on various android platforms and have been distributed via third party and offshore app stores. Not so with these rogue apps -- these have been discovered on the official Apple App Store.
From the April FFIEC Guidance on Mobile Banking:
- The appendix emphasizes an enterprise-wide risk management approach for effectively managing and mitigating the risks associated with mobile financial services.
- The appendix discusses the technologies used in the mobile delivery channel, elevated risks that may result, and appropriate controls implemented by institutions or third-party providers.
- The appendix contains a work program to assist examiners in determining the risks posed by an institution’s mobile financial services and assessing the controls that have been implemented to mitigate those risks.
For the first time, the FFIEC is emphasizing that institutions gain visibility to and understanding of ALL mobile apps and mobile banking infrastructure that appear to be related to the institution. Some of these will be legitimate, implemented and authorized by the institution. But others will have been deployed by cyber criminals to attack the institution, the institution's customers, and the institution's partners.To help CISOs and security teams better understand the guidance, and to provide useful strategies for addressing these new security requirements, BrandProtect subject matter expert Dylan Sachs will review the recent guidance in a free one-hour webcast schedule for June 23, 2016 from 1:00 - 2:00 p.m.
Viewpost® Selects BrandProtect™ to Secure Complex Attack Surface
Payments Marketplace Provider Required a Solution With Round-the-Clock Threat Monitoring and Mitigation to Protect Its Customer Information From Beyond the Perimeter Attacks
Mobile App-based Threats Can Quickly Derail Your Brand
Mobile Apps are in the news. And they deserve to be. Mobile devices are driving a revolution in computing form factors and transforming digital commerce. Today, businesses aggressively use mobile apps to provide their customers instant connectivity to content, commerce and customer service. From banking and retail to insurance and entertainment, marketing teams are increasingly delivering mobile apps to drive carefully created brand experiences with their customers via these devices that are permanently on … and rarely farther away than a purse or pocket.
Topics: mobile app monitoring