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Crippling Attacks Bolster the Need for Extensive Cybersecurity Protocols

Crippling Attacks Bolster the Need for Extensive Cybersecurity Protocols
- FinancialBuzz.com News Commentary
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NEW YORK, March 10, 2021 /PRNewswire/ An extensive layer of cybersecurity is often required for business infrastructure or government agencies in order to protect sensitive information and consumer data in the modern world. The Russian hack, which occurred late last year, and is being called the largest act of espionage in U.S. history, is an example of just how prevalent the threat is. According to a report by the Associated Press, the hack compromised federal agencies and critical infrastructure in a sophisticated attack that was hard to detect and will be difficult to undo, the Cybersecurity and Infrastructure Security Agency said in an unusual, warning message. In addition, several tech companies, including Microsoft, have also commented on the hack, with the technology conglomerate explaining in a blogpost that ....

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Innovative Cybersecurity Efforts Strive to Protect Personal Data

Innovative Cybersecurity Efforts Strive to Protect Personal Data
FinancialBuzz.com News Commentary
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NEW YORK, March 9, 2021 /PRNewswire/ Cybersecurity has been an ongoing and major issue for business and governments over the years, and technology capabilities have only increased. As a result, an extensive layer of cybersecurity is now often required for business infrastructure or government agencies in order to protect sensitive information and consumer data. In fact, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research. The emergence of new technologies such as IoT, BYOD, AI, and machine learning is also a major factor contributing to the spike of hacks, as well as a mitigating factor. For example, adoption of M2M/IoT connections demands strengthened cyberse ....

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Recent Events Reiterate the Importance of Sophisticated Cybersecurity

Recent Events Reiterate the Importance of Sophisticated Cybersecurity
- FinancialBuzz.com News Commentary
NEW YORK, Feb. 5, 2021 /PRNewswire/ The recent surge of data breaches, business and agency hacks are just some of the reminders of how fragile our information infrastructure is. According to a report by NPR from December, hackers attached their malware to a software update from SolarWinds, a company based in Austin, Texas. Many federal agencies and thousands of companies worldwide used SolarWinds Orion software to monitor their computer networks. Now, the cybersecurity company Trustwave informed SolarWinds that it has identified three new critical flaws in software produced by SolarWinds. According to a report by NBC News, SolarWinds has released a patch to fix the security flaws, and neither company found evidence that hackers had exploited the vulnerabilities. Yet, the findings raise new questions about security at SolarWinds, which provides information technolo ....

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Technological Advances Lead to More Robust Cybersecurity Solutions

/PRNewswire/ Cybersecurity vulnerabilities are a major concern to business and organizations. The most recent massive computer breach, which allowed hackers. ....

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Novel Solutions Ease the Risk of Cybersecurity Threats

Novel Solutions Ease the Risk of Cybersecurity Threats
FinancialBuzz.com News Commentary
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NEW YORK, Dec. 16, 2020 /PRNewswire/ News of the advanced Russian hack of various U.S governmental agencies has been a topic of fervent speculation in recent days. Now, cybersecurity expert warns that the alleged Russian hack of SolarWinds software is probably an 11 in terms of seriousness on a scale of 1 to 10. A report by Newsweek indicates that on Sunday, the U.S. Department of Homeland Security cautioned that users of SolarWinds should disconnect or disable the software after it was discovered hackers had compromised an update from the company earlier this year. We have yet to even understand how big the damage assessment will be. But I guarantee you, by the time it s done, it will be far worse than what we think it is right now because we still haven t uncovered all of the people who have been attacked by this campaign, cybersec ....

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