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Proofpoint : Four Key Findings from the Verizon Data Breach Investigations Report (DBIR) to Inform Your Cybersecurity Budget

Every year, Verizon publishes its Data Breach Investigations Report which has become a bellwether for our cybersecurity industry. The DBIR reveals top trends that tell us how threat actors are. | May 25, 2021 ....

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Molson Coors invests $100m in hard seltzer expansion

Molson Coors invests $100m in hard seltzer expansion
21st May, 2021 by Nicola Carruthers
Brewing giant Molson Coors Beverage Company will invest US$100 million to boost production of spirit and malt-based hard seltzers in Canada.
Molson Coors’ Canadian business will make hard seltzers its top priority this year
The new upgrade to Molson Coors’ Toronto site will give the brewer the capabilities to make spirit and malt-based hard seltzers for the ‘fast-growing’ Canadian market.
The expansion, which will more than quadruple capacity, is due to be completed in early 2022.
The investment will involve the installation of reverse osmosis and nanofiltration technology, a flavour kitchen, a blender and a canning line. The new canning line is capable of handling up to 1.5m hectolitres in annual production. ....

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HSE cyberattack was an accident waiting to happen

Ransomware attack has been increasingly likely since start of pandemic ....

Data Protection Regulation , Paul Reid , National Cyber Security Centre , Check Point Technologies , United States ,

HSE hack was an accident waiting to happen

Organisations need adequate IT defences and especially staff security training ....

Data Protection Regulation , Paul Reid , National Cyber Security Centre , Check Point Technologies , United States ,

FTC Reports Huge Jump in Cryptocurrency Scams

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By John P. Mello Jr.
May 19, 2021 4:00 AM PT
Claims of losses from cryptocurrency scams skyrocketed from October 2020 to March 2021, according to a report released Monday by the Federal Trade Commission.
In its Consumer Protection Data Spotlight newsletter, the FTC revealed that during the October to March period nearly 7,000 consumers reported losing US$80 million. That compares to only 570 cryptocurrency scam reports amounting to $7.5 million in losses from October 2019 to March 2020.
The median loss reported was about $1,900, a nearly 1,000 percent increase over the same period a year ago.
The agency noted that as the value of cryptocurrencies like bitcoin continue to soar, new investors are eager to get in on the action, and scammers are more than willing to accommodate them. ....

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