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Relay Medical Corporation has completed the acquisition of an Internet of Things (IoT) cybersecurity firm based in Toronto, Canada. The completion of the deal to acquire Cybeats Technologies Inc was announced yesterday, just 20 days after news of the transaction was published. Cybeats was founded in 2016 by Peter Pinsker, Dmitry Raidman, and Vladislav Kharbash. The company is known for developing an integrated security platform that is designed to secure and safeguard high-value connected IoT devices.  Cybeats’…

What Is a DDoS Attack and How to Stay Safe from Malicious Traffic Schemes Imagine you’re driving down a highway to get to work. There are other cars on the road, but by and large everyone is moving smoothly at a crisp, legal speed limit. Then, as you approach an entry ramp, more cars join. And then more, and more, and more until all of the sudden traffic has slowed to a crawl. This illustrates…

What Is a DDoS Attack and How to Stay Safe from Malicious Traffic Schemes Imagine you’re driving down a highway to get to work. There are other cars on the road, but by and large everyone is moving smoothly at a crisp, legal speed limit. Then, as you approach an entry ramp, more cars join. And then more, and more, and more until all of the sudden traffic has slowed to a crawl. This illustrates…

Speaking in the opening keynote session of Day Two of the Spring Infosecurity Magazine Online Summit, Wendy Nather, head of advisory CISOs at Duo Security (Cisco), analyzed the chemistry of data, exploring data’s power (for good and bad), creating formulas for data security requirements and driving a data-centric security approach. Nather outlined that, over the past 40 years, there have been vast changes in how data is stored, accessed and utilized, particularly with the growth…

A drug manufacturer in India has been fined $50m for hiding and erasing records ahead of an inspection by the United States Food and Drug Administration (FDA). The deception occurred at a drug manufacturing plant in Kalyani, West Bengal, that makes active pharmaceutical ingredients (APIs) used in several different cancer drugs distributed to terminally ill patients in the US.  The plant, which was owned and operated by Fresenius Kabi Oncology Limited (FKOL), was due to undergo…

U.S. Cybersecurity & Infrastructure Security Agency (CISA) warns of flaws in GE Power Management Devices that could allow an attacker to conduct multiple malicious activities on vulnerable systems. U.S. Cybersecurity & Infrastructure Security Agency (CISA) warns of vulnerabilities in GE Power Management Devices that could be exploited by an attacker to conduct multiple malicious activities on systems belonging to the Universal Relay (UR) family. The flaws could be exploited to access sensitive information, reboot the device,…

A year into the pandemic, 79% of security leaders expressed fears over the risks of staff working from home, says Cybersecurity Insiders. Image: iStockphoto/Igor Kutyaev The business repercussions of the coronavirus pandemic caught many organizations off guard last year. Forced to quickly transition employees to a work-from-home setup, employers were often ensnared by the security risks of a remote workforce. Security information site Cybersecurity Insiders describes the security challenges of working remotely and offers tips…

Tax Season is Here: Avoid These Common Scams Targeting Canadians Tax return preparation might be a little more complicated this year than usual for many Canadians with millions receiving Canada Emergency Response Benefit (CERB) payments and about 40% of the Canadian labor force turned to self-employment options to help them financially weather the pandemic storm. Where there’s money and uncertainty, you’re likely to find scammers. After all, scammers tend to capitalize on uncertainty and use it as the entry point for their attacks. Whether it’s through a phishing email with a phony notice…