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Cybersecurity Predictions 2018: Cyber Scores and Stolen Eyes

FICO

That 1849 quip from Jean-Baptiste Alphonse Karr somehow seems fitting for today’s cybersecurity industry. Taking both ends of the spectrum into account, my cybersecurity predictions for 2018 involve cyber scores, 2FA and bio hacks. Watch this space for future blogs in the New Year. We’ll See Our First Biometrics Hack in 2018.

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IBM Cyber Analysts Red-Flag Attempt To Hack COVID-19 Vaccine Supply Chain

PYMNTS

An IBM cybersecurity team blew the whistle on Thursday (Dec. 3) on what it called in a blog post a sophisticated “global phishing campaign” that targeted organizations involved in a key part of the supply chain for the various COVID-19 vaccines under development. Apparently, there is no limit to how low some cyberspies will go.

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Hackers Won’t Let SWIFT Catch A Break

PYMNTS

According to a report from cybersecurity firm Symantec, the attack mirrors tactics used by the unidentified group that orchestrated an $81 million hack of Bangladesh’s central bank earlier this year. The new type of hacking, called “credential stuffing campaigns,” is expanding to a growing number of affected devices. and Ukraine.

SWIFT 75
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Facial Recognition: The Latest Biometric Security Blanket

FICO

As an adult with a serious professional interest in security, I am surprised as to why bright, well-informed data and cybersecurity professionals don’t feel more insecure about the efficacy of biometric information as a security device. Since I posted that blog a year ago, Apple released Face ID as the mechanism to unlock its new iPhone X.

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Hackers Strike It Big On Security Vulnerabilities

PYMNTS

Either way, these sayings aren’t so encouraging when it comes to cybersecurity. Though that decision took place years ago, it may have contributed to the hot cybersecurity water the company has found itself in today. When one door closes, another one opens. Or, is it a window?

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When Vendors Open Doors To Cyberattackers

PYMNTS

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. The company commissioned Spiceworks to survey 600 security and IT leaders about their biggest concerns and areas of focus in supply chain cybersecurity. million business email compromise scam.

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Credit Unions Doing Cyber-Battle

PYMNTS

When hackers hit Pennsylvania-based fuel and convenience retailer Wawa, they made off with the credentials of potentially thousands of credit union members. The government is holding feet to the fire over cybersecurity, and credit unions are expected to have the same protections as any bank. CU in Court.