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By Hemen Vimadalal is CEO and founder of 1Kosmos Approximately $590 million in ransomware payments were made in the U.S. in the first six months of 2021, more than the $416 million reported for the whole of 2020, according to a Reuters report. And it’s no surprise that stolen credentials are the primary means by which criminals hack into organizations. In fact, the Verizon 2021 Data Breach Investigations Report noted that 61 percent of breaches…

Organizations need to change their approach to security awareness and training to reduce the threat of phishing attacks and other risks based on human behavior. Tim Ward, CEO of Think Cyber Security, told attendees at Infosecurity Europe 2022 that security teams can “nudge” colleagues towards more secure behavior. This will be more effective than conventional classroom-based training and e-learning. Security awareness should follow the EAST principles, said Ward, and be “easy, attractive, social and timely.”…

A new malware dubbed Keona Clipper aims to steal cryptocurrencies from infected computers and uses Telegram to increase its stealth. Learn more about what the Clipper malware threat is and how to protect from it. Image: ~ Bitter ~/Adobe Stock What is clipper malware? A clipper malware is a piece of software that once running on a computer will constantly check the content of the user’s clipboard and look for cryptocurrency wallets. If the user…

Approximately 61% of APAC organizations have failed to build robust and successful digital business business models, primarily due to unsound practices of enterprise architecture (EA) teams, according to a report from Forrester. An enterprise architecture team is responsible for designing and implementing IT solutions with the aim of improving efficiency in business operations. While the rate of failure looks marginally better when compared to global, North American and European regions—whose failure rates stand at 63%,…

If you’re one of the countless Apple iPhone owners out there, there’s a good chance that one of the reasons you love your smartphone is because you’ve heard that Apple devices tend to have fewer vulnerabilities to viruses.   Because of their shared operating system, iOS devices enjoy Apple’s security measures, which keeps them protected from malware and viruses differently from most Android devices.   This is great, right? Certainly! But it’s also important to remember that…

Like many breakthroughs, the central idea behind blockchain is simple but obscured by the surrounding embellishments and hoopla.  At its heart, the idea is a purely technical one, beguiling in its counterintuitiveness: by broadcasting information, it becomes more secure. Ground zero for the blockchain idea is the Satoshi whitepaper, which presents a novel approach to avoiding the double spend problem in digital currencies.  By cryptographically signing blocks of transactions and publishing them broadly, a record…

When it comes to IT strategy, Kimberly-Clark Global CIO Manoj Kumbhat makes one thing very clear: This multinational takes a business-first approach to digital transformation. The B2C and B2B retailer of brand-name personal care and professional healthcare products, such as Kleenex tissues, Scott paper towels, and Huggies diapers, has made a big hybrid-cloud push of late, complete with a Snowflake data lake, a “consumer 360” platform, and a series of cloud-native and SaaS applications geared…