Israel’s cyber ecosystem starts with conscripts in specialist military units. Picture Israel Defense Force
Israel s cybersecurity sector continues to thrive, with investments pouring in and exports increasing, according to the Israel National Cyber Directorate, the government agency responsible for advancing the county’s cyber capabilities and ensuring national cyber defense.
The directorate reports that pre-IPO investments in domestic cybersecurity firms totaled $2.9 billion in 2020, up 70% from the previous year. Plus, there were more than 20 acquisitions of Israeli cybersecurity companies last year with a total value of $4.7 billion.
Meanwhile, Israeli exports of cybersecurity products and services hit $6.85 billion in 2020, up from $6.5 billion in 2019, according to the directorate.
GovInfoSecurity
Compliance
SecurityEditor) • February 11, 2021
Smriti Kawal Jaggi, Product Manager, F5
E-commerce and fraud – they evolved and grew together in 2020, and it’s time for fraud defenses to do the same. Smriti Jaggi of F5 details how to deploy a multi-layered fraud defense without adding extra friction to the process.
In this video interview with ISMG, Jaggi discusses:
Today’s predominant forms of e-commerce fraud;
Where traditional fraud defenses are most vulnerable;
How to improve fraud prevention – without adding new friction.
Smriti Jaggi, Product Manager, Analytics Product Group at Shape Security, develops new data-driven products to enhance security and reduce friction for end users. She was a part of the Threat Intelligence team as well at Shape Security where she worked to identify different attack vectors in various industries such as finance, retail, telecom, et
Arrest Made
On Wednesday, the Justice Department announced the indictment of Sebastien Vachon-Desjardins, a Canadian national who is suspected of working as a NetWalker affiliate and helping to conduct a ransomware attack against a victim in Florida. Vachon-Desjardins is alleged to have made $27.6 million from infecting victims with the NetWalker ransomware.
Vachon-Desjardins has been charged with intentional damage to a protected computer, which carries a maximum sentence of 10 years in federal prison, the federal indictment notes.
Bulgarian authorities have seized the servers used to support the darknet sites used by NetWalker ransomware affiliates to provide payment instructions and communicate with victims, according to the Justice Department.
GovInfoSecurity
March 25, 2021
annamadeline) • January 28, 2021 Adam Shostack, president, Shostack & Associates Does your organization have a plan in place if one of your employees is accused via Twitter of being an insurrectionist? If your software was being used to spread plans for a riot, could you detect that? Threat modeling expert Adam Shostack discusses how companies should be prepared to respond to issues in the news.
In a video interview with Information Security Media Group, Shostack discusses: How to develop a threat model for social issues;
Building an incident response plan to mitigate the spread of disinformation; Incident planning and response advice for security leaders in 2021.
Information Security Media Group (ISMG) is the world s largest media company devoted to information security and risk management. Each of its 28 media sites provides relevant education, research and news that is specifically tailored to key vertical sectors including banking, healthcare and the public sector; geographies from North America to Southeast Asia; and topics such as data breach prevention, cyber risk assessment and fraud. Its yearly global summit series connects senior security professionals with industry thought leaders to find actionable solutions for pressing cybersecurity challenges.
Information Security Media Group (ISMG) is the world s largest media company devoted to information security and risk management. Each of its 28 media sites provides relevant education, research and news that is specifically tailored to key vertical sectors including banking, healthcare and the public sector; geographies from the North America to Southeast Asia; and topics such as data br