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Why business email compromise still tops ransomware for total losses

While businesses are busy trying to protect themselves against ransomware attacks that spark headlines news, threat actors are sticking to one of the oldest and most effective hacking techniques—business email compromise (BEC). Enterprise security has skewed toward ransomware in recent years, but FBI data highlights that  enterprises in aggregate are losing 51 times more money through BEC attacks. In 2021, BEC attacks in the US caused total losses of $2.4 billion, a 39% increase from 2020. In contrast, at the same time, companies in the US lost only $49.2 million to ransomware. To read this article in full, please click here
http://news.poseidon-us.com/SX8S5Q

Data Dynamics StorageX9.0 helps customers manage sprawls of unstructured data

Data Dynamics released StorageX9.0, expanding and enhancing the existing product functionalities to help customers manage sprawls of unstructured data and its complexities. It enables enterprises to categorize & analyze their data, draw actionable insights, apply security practices, maintain compliance, and enhance business performance. StorageX 9.0 is power packed with new features, including Share and DFS analytics, NFSv4 and NFSv3 POSIX security translation, and support for versioned object mobility. “StorageX 9.0 is an enhancement to our … More → The post Data Dynamics StorageX9.0 helps customers manage sprawls of unstructured data appeared first on Help Net Security.
http://news.poseidon-us.com/SX7bSy

Giant Oak GOST updates empower users to identify money laundering and other illicit activities

Giant Oak has updated their GOST product. The Fall 2022 GOST Release introduces three primary updates: increase in precision of alerts; modular management of customized models; and expanded access to GOSTCrawl, a proprietary data source that increases the customer’s risk discovery. The new GOST updates reduce analyst labor by 50% while increasing the accuracy and agility of results. The combined improvements allow GOST users to monitor large populations more efficiently and effectively than other risk … More → The post Giant Oak GOST updates empower users to identify money laundering and other illicit activities appeared first on Help Net Security.
http://news.poseidon-us.com/SX7b22

DoD fills in blanks on the future of sexual assault prevention after commission review

The largest ever investigation into sexual assault in the military finished up its work about a year ago, but the Defense Department still has years of work ahead of it to implement the suggestions the Independent Review Commission on Sexual Assault in the Military flagged for the Pentagon.
http://news.poseidon-us.com/SX6vXq

What is the cost of a data breach?

The cost of a data breach is not easy to define, but as more organizations fall victim to attacks and exposures, the potential financial repercussions are becoming clearer. For modern businesses of all shapes and sizes, the monetary impact of suffering a data breach is substantial. IBM’s latest Cost of a Data Breach report discovered that, in 2022, the average cost of a data breach globally reached an all-time high of $4.35 million. This figure represents a 2.6% increase from the previous year and a 12.7% rise from 2020. Factors such as incident type and severity, regulatory standards, company size, sector, and region can significantly affect how much a data breach could costs a business, but all organizations must carefully assess and prepare for the monetary hits that could be just around the corner should they fall victim. Some are potentially far more damaging (and less obvious) than others. To read this article in full, please click here
http://news.poseidon-us.com/SX57gh

Remediant PAM+ strategy protects against credential compromise and lateral movement attacks

Remediant has unveiled Remediant PAM+, a strategy aimed to protect access and to accelerate enterprises’ zero trust initiatives. Remediant is at the forefront of the PAM+ trend with its agentless SecureONE product. The company has doubled ARR and doubled its deployments in the last twelve months, with more than half of these deployments delivering on functionality promised by legacy PAM vendors that were never met. Customers confirm that SecureONE stops lateral movement, frustrates red teams, … More → The post Remediant PAM+ strategy protects against credential compromise and lateral movement attacks appeared first on Help Net Security.
http://news.poseidon-us.com/SX4R65

PlainID Authorization Platform solves enterprise challenges associated with access control

PlainID has released its “Authorization-as-a-Service,” SaaS-enabled Authorization Platform. Designed to solve enterprise challenges associated with access control, PlainID’s Cloud-first, Authorization-as-a-Service Platform has been architected both for scale and to meet the performance demands of companies. Additionally, PlainID announces the release of several new PlainID Authorizers including Data Authorizers for Snowflake, Google BigQuery, Denodo and SDK for SQL filtering. PlainID Authorizers allow authorization policies to provide data security by enforcing vital access points across a distributed … More → The post PlainID Authorization Platform solves enterprise challenges associated with access control appeared first on Help Net Security.
http://news.poseidon-us.com/SX4LRc

Modern Microsoft 365 Security & Backup/Recovery Best Practices for Enterprises

In this session, Nathan O’Bryan (MCSM: Messaging, MVPr Office 365) will explore Best Practices for Securing, Administering & Recovering M365 to ensure security, and compliance while maintaining the appropriate levels of access for end-users. Learn more!
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