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October is known as cyber security awareness month and ends with a bang on halloween, where the adults dress up in scary costumes and the children run wild on a sugar rush. But just like any other time of the year, your network faces nightmares from cybercriminals, system errors and more. In 2018, the cybersecurity world was rocked by the discovery of meltdown and spectre, two hardware vulnerabilities that struck at the heart of modern processor design.
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Statista provided a staggering statistic that around 1. 7 billion smartphones worldwide were susceptible to these vulnerabilities, not to mention countless computers and servers. On the other, it hands cybercriminals a shiny new toolbox to automate attacks, craft eerily convincing phishing scams, and find vulnerabilities before security teams even blink. So, whats the move here? However, first american had ignored warnings in 2018 and made administrative errors, leading to violations of cybersecurity laws.
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The securities and exchange commission (sec) fined the company around $500,000. Through two attacks, yahoo suffered the largest data breaches ever in. Think ransomware is your worst nightmare? Hackers have found a new way to hold your business hostage and it may be even more ruthless than encryption. Its called data extortion, and its changing the rules of the game.
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