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CISOMAG

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‘Illegal Crypto Mining is a Huge Drain on a Nation’s Power...

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Hackers and ransomware groups have benefitted immensely by leveraging blockchain and cryptocurrencies to secure multi-million-dollar payouts. Cryptocurrency transactions are untraceable and not regulated by...

Bank Indonesia Suffers Ransomware Attack, Suspects Conti Involvement

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Banks and financial institutions are always on a hacker’s target list. Cybercriminals recently targeted Bank Indonesia (BI), disrupting its operations temporarily. According to a...

Episode #20: Digital Trust – An Imperative for Business Innovation

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Coming out of the cybersecurity, privacy, and data ethics fields, Digital Trust is becoming a requirement for doing business in the modern, hyperconnected world. There...

Crypto.com Suffers Unauthorized Activity Affecting 483 Users

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Cryptocurrency exchange platform Crypto.com announced that unknown threat actors compromised its user accounts. In an official release, the company stated that a small number...

NATO and Ukraine Sign Deal to Boost Cybersecurity

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The North Atlantic Treaty Organization (NATO) recently entered into a deal with Ukraine to boost cybersecurity capabilities in the country. The NATO Communications and...

Cybercriminals Will leverage IoT and 5G for Large-Scale Attacks

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In 2022, Cybercriminals will leverage the combination of IoT and 5G to conduct large-scale attacks, and attributing these attacks may become much more challenging....

Organizations Suffer 270 Attempts of Cyberattacks in 2021

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Cyberattacks and data breaches can be devastating to an organization's growth. Fuelled by the COVID-19 pandemic, enterprises worldwide sustained significant losses due to cyberattacks,...

Accellion Agrees to Pay $8.1 M in Data Breach Lawsuit Settlement

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Accellion, a provider of hosted file transfer services, recently agreed to pay $8.1 million to settle a class-action lawsuit related to a data breach...

Cybersecurity Will Become the Top Agenda in Boardroom Discussions

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Among my three cybersecurity predictions for 2022, the one that I am optimistic about is cybersecurity getting more mindshare in the boardroom.  Expect to...

Blockchain-Based Social Media Will Be More Secure

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Platforms based on blockchain technology are currently garnering much public interest worldwide since they have always been an entry point for billions of individuals...

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