Why Top Global Banks Use Agari to Secure Email

JOHN WILSON | April 26, 2016

article image
In today's digital world, email phishing attacks are more harmful - and more prevalent - than ever before. Banks and financial institutions are often the first to be targeted, since the financial gain of a successful attack is a lucrative business.

Spotlight

EdgeWave

At EdgeWave our mission is to enable enterprises to confidently embrace today’s connected world. We do this by providing simple but highly effective data security and advanced threat protection in solutions that are affordable, scalable and easy to use. Security breaches, data leaks and web and email attacks are a real threat to your organization. Now, more than ever, you need a new approach to web and email security and management. Don’t let the limitations of traditional technologies prevent you from protecting your users and your corporate information.

OTHER ARTICLES

5 Benefits of Investing in Cyber Security & IT solutions in 2021

Article | June 2, 2021

Cyber Security has quickly evolved from being just an IT problem to a business problem. Recent attacks like those on Travelex and the SolarWinds hack have proved that cyber-attacks can affect the most solid of businesses and create PR nightmares for brands built painstakingly over the years. Investing in cyber security training, cyber security advisory services and the right kind of IT support products, has therefore, become imperative in 2021. Investing in cyber security infrastructure, cyber security certification for employees and IT solutions safeguards businesses from a whole spectrum of security risks, ransomware, spyware, and adware. Ransomware refers to malicious software that bars users from accessing their computer system, whereas adware is a computer virus that is one of the most common methods of infecting a computer system with a virus. Spyware spies on you and your business activities while extracting useful information. Add social engineering, security breaches and compromises to your network security into the mix, and you have a lethal cocktail.

Read More

Ryuk: Defending Against This Increasingly Busy Ransomware Family

Article | February 12, 2020

On December 16, 2019, the U.S. Coast Guard disclosed a security incident at a facility regulated by the Maritime Transportation Security Act (MTSA). Forensic analysis suggests that the incident might have begun when an employee clicked on a link embedded in a phishing email.This action enabled a threat actor to set Ryuk ransomware loose on the facility’s network. Ultimately, the infection spread to all IT network files, leading Ryuk to disrupt the corporate IT network and prevent critical process control monitoring systems from functioning properly. Phishing is one of the primary infection vectors for most ransomware families, but there’s an interesting twist with this particular family. As noted by Malwarebytes, a typical Ryuk attack begins when a user opens a weaponized Microsoft Office document attached to a phishing email. Opening the document causes a malicious macro to execute a PowerShell command that attempts to download the banking trojan Emotet. This has the ability to download additional malware onto an infected machine that retrieves and executes Trickbot.

Read More

5G and IoT security: Why cybersecurity experts are sounding an alarm

Article | March 2, 2020

Seemingly everywhere you turn these days there is some announcement about 5G and the benefits it will bring, like greater speeds, increased efficiencies, and support for up to one million device connections on a private 5G network. All of this leads to more innovations and a significant change in how we do business. But 5G also creates new opportunities for hackers.Gartner predicts that 66% of organizations will take advantage of these benefits and adopt 5G by 2020 — with 59% of them planning to use 5G to support the Internet of Things across their business. Already, manufacturers including Nokia, Samsung, and Cisco have either started developing 5G enterprise solutions or have publicly announced plans to do so. In the enterprise, full deployment of private 5G networks will take time, as it requires significant investments to upgrade legacy network infrastructures, observers say. In the meantime, there are instances of devices in the workplace already operating on a 5G network.

Read More

How Organizations can prepare for Cybersecurity

Article | April 22, 2020

According to a Gartner study in 2018, the global Cybersecurity market is estimated to be as big as US$170.4 billion by 2022. The rapid growth in cybersecurity market is boosted by new technological initiatives like cloud-based applications and workloads that require security beyond the traditional data centres, the internet of things devices, and data protection mandates like EU’s GDPR. Cybersecurity, at its core, is protecting information and systems from cyberthreats that come in many forms like ransomware, malware, phishing attacks and exploit kits. Technological advancements have unfortunately opened as many opportunities to cybercriminals as it has for the authorities. These negative elements are now capable of launching sophisticated cyberattacks at a reduced cost. Therefore, it becomes imperative for organizations across all industries to incorporate latest technologies to stay ahead of the cybercriminals. Table of Contents: - What is the cybersecurity scenario around the world? - Driving Management Awareness towards Cybersecurity - Preparing Cybersecurity Workforce - Cybersecurity Awareness for Other Employees - Conclusion What is the cybersecurity scenario around the world? Even as there has been a steady increase in cyberattacks, according to the 2018 Global State of Information Security Survey from PwC: 44% companies across the world do not have an overall information security strategy, 48% executives said they do not have an employee security awareness training program, and 54% said they do not have an incident response process. So, where does the problem lie? Many boards still see it as an IT problem. Matt Olsen, Co-Founder and President of Business Development and Strategy, IronNet Cybersecurity. Cybersecurity The greater responsibility of building a resilient cybersecurity of an organization lies with its leaders. There is a need to eliminate the stigma of ‘risk of doing business lies solely with the technology leaders of an organization. Oversight and proactive risk management must come under CEO focus. According to the National Association of Corporate Directors' 2016-2017 surveys of public and private company directors, very few leaders felt confident about their security against cyberattacks, perhaps due to their lack of involvement into the subject. Driving Management Awareness towards Cybersecurity • Gain buy-in by mapping security initiatives back to business objectives and explaining security in ways that speak to the business • Update management about your current activities pertaining to the security initiatives taken, recent news about breaches and resolve any doubts. • Illustrate the security maturity of your organization by using audit findings along with industry benchmarks such as BSIMM to show management how your organization fares and how you plan to improve, given their support. • Running awareness program for your management regarding spear-phishing, ransomware and other hacking campaigns that aim for executives and teach how to avoid them. The bottom line is that leaders can seize the opportunity now to take meaningful actions designed to bolster the resilience of their organizations, withstand disruptive cyber threats and build a secure digital society. The bottom line is that leaders can seize the opportunity now to take meaningful actions designed to bolster the resilience of their organizations, withstand disruptive cyber threats and build a secure digital society.. Pwc READ MORE: WEBROOT: WIDESPREAD LACK OF CYBERSECURITY BEST PRACTICES /11029 Preparing Cybersecurity Workforce Hackers are able to find 75% of the vulnerabilities within the application layer. Thus, developers have an important role to play in the cybersecurity of an organization and are responsible for the security of their systems. Training insecure codingis the best way to raise their cybersecurity awareness levels. Raising Cybersecurity Awareness in Developers: • Training developers to code from the attackers’ point of view, using specific snippets from your own apps. • Explain in-depth about vulnerabilities found by calling remedial sessions. • Find ways to make secure coding easier on developers, like integrating security testing and resources into their workflow and early in the SDLC/ • Seek feedback from developers on how your security policies fit into their workflow and find ways to improve. Cybersecurity Awareness for Other Employees According to the Online Trust Alliance’s2016 Data Protection and Breach Readiness Guide, employees cause about 30% of data breaches. Employees are the weakest link in the cybersecurity chain. But that can be changed by creating awareness and educating them on the risks surrounding equipment, passwords, social media, the latest social engineering ploys, and communications and collaboration tools.Make standard security tasks part of their everyday routine, including updating antivirus software and privacy settings, and taking steps as simple as covering cameras when they end a video conference call. Conclusion: The technological advancements are moving faster than anF-16, so the measure are by no means exhaustive. The important thing is to keep pace with numerous cybersecurity measures to not fall prey to a cyberattack. Every organizational level plays an important role in achieving a matured security infrastructure, thus making awareness and participation mandatory. Organizations should consider a natively integrated, automated security platform specifically designed to provide consistent, prevention-based protection for endpoints, data centers, networks, public and private clouds, and software-as-a-service environments READ MORE: A 4 STEP GUIDE TO STRONGER OT CYBERSECURITY

Read More

Spotlight

EdgeWave

At EdgeWave our mission is to enable enterprises to confidently embrace today’s connected world. We do this by providing simple but highly effective data security and advanced threat protection in solutions that are affordable, scalable and easy to use. Security breaches, data leaks and web and email attacks are a real threat to your organization. Now, more than ever, you need a new approach to web and email security and management. Don’t let the limitations of traditional technologies prevent you from protecting your users and your corporate information.

Events