RSS_Virtulization

Data breaches are costing organizations millions of dollars on average. In its 2020 Cost of a Data Breach Report, IBM found that a data breach cost the average organization $3.86 million. This price tag was even greater for organizations located in the United States and operating in the healthcare industry at $8.64 million and $7.13 million, respectively. What’s behind this price tag, you ask? It could be the fact that it took organizations 280 days…

On this 20th anniversary edition of the PR Awards Asia, we announce the full list of winners. The full shortlist can be viewed here.  The Grand Prix award for Campaign of the Year went to Japan’s Tuna Scope, which achieved much global attention. OPRG’s ‘Breathing Cleaner and Healthier Air’ campaign for Philips also impressed judges as it bagged the Gold award for APAC PR Campaign of the Year. H+K Strategies’ Asia president HS Chung proved her success and…

The United States has convicted a Russian cyber-criminal of running a malware-masking service that helped hackers systematically infect victim computers around the world with malware, including ransomware. On Tuesday, a federal jury in Connecticut found 41-year-old native Estonian Oleg Koshkin guilty of operating a crypting business via multiple websites, including “Crypt4U.com,” and “fud.bz.” On the websites, Koshkin and his co-conspirators claimed that they could render malicious software such as botnets, remote-access trojans, keyloggers, credential stealers and cryptocurrency…

Fill it up? Over the past couple of weeks there have been many great discussions about the article posted by a 16Z. the article in summary describes how many organizations could benefit from an analysis of their cloud spend as it relates to their gross revenue. When I read this article, I immediately thought about the difference in price a consumer pays when buying electric car versus buying a gas one what’s interesting is that…

Optical Wireless Communciations (Owc) Will Be Key For Maximizing Security By Michael Abad-Santos, Senior Vice President of Business Development and Strategy, BridgeComm Nearly 6 billion Internet of Things (IoT) devices were in service worldwide at the end of 2020, according to Gartner. But mobile operators aren’t the only ones chasing that opportunity. Hackers are, too. Each additional IoT device creates another potential back door for hackers to steal identities, financial records and other confidential information,…

All of the assets of Terbium Labs have been acquired by multinational professional services network Deloitte Touche Tohmatsu Limited (Deloitte). The acquisition of the Baltimore-based digital risk protection company was announced by Deloitte on June 15.  Terbium Labs was found in 2013 to help organizations detect and remediate data exposure, theft, or misuse across the digital landscape. In 2019, the company announced a $2m investment from the Omidyar Network, a philanthropic investment firm created by eBay founder Pierre Omidyar and his…

The IAB Technology Laboratory (IAB Tech Lab), which develops ad-industry standards, is being sued by the Irish Council for Civil Liberties (ICCL) for allegedly being responsible for “the world’s largest data breach.” A non-profit digital media consortium established in 2014 and based in New York, the IAB Tech Lab’s 650-member community includes Facebook, Google and Amazon. In a lawsuit filed by ICCL senior fellow Johnny Ryan on May 18 in a court in Hamburg, the…

Members of the notorious FIN11 (Clop) ransomware gang have been arrested today by the Ukrainian police in conjunction with Interpol and law enforcement from the US and South Korea. In a statement published today, the Ukrainian police revealed it has arrested six people alleged to be part of the financial cybercrime gang FIN11, which is believed to be behind many high-profile cyber-attacks. These include the attacks exploiting vulnerabilities in Accellion’s FTA product earlier this year, enabling it to access…

Edge platform cybersecurity enhancements are intended to increase responsiveness and augment decision-making, the company said. Image: Teera Konakan/Moment/Getty Images Content delivery platform provider Akamai announced Wednesday platform security enhancements intended to increase cybersecurity protections for web applications, APIs and user accounts. Akamai said its machine learning algorithms leverage insights from a dataset of over 1.3 billion daily client interactions to automate threat detections, time-consuming tasks and security logic to help cybersecurity analysts make better decisions…