Augmenta Cyber Security Pty Ltd.

11/09/2024

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20/12/2019

"Often, perspective is to blame. Company leaders think of cybersecurity as extra protection “just in case,” a costly investment of time and funds. In reality, it’s a key asset that can improve efficiency and minimize the chances of business grinding to a halt when — not if — a cybersecurity issue arises."-Serenity Gibbons

When you have your cybersecurity house in order, you can focus on your true goal: growing your business.

19/12/2019

“2019 saw the cybersecurity industry start to explore AI-based solutions. In the coming months, cybercriminals will start to do the same, integrating AI and machine learning into their malware programs to bypass and infiltrate targeted systems. Current cybersecurity measures rely on ‘detection and response,’ but as attackers begin to leverage AI to bypass existing solutions, companies will be left at a significant disadvantage against these seemingly undetectable campaigns. We could see AI-based malware become prominent in day-to-day attacks”—Guy Caspi, CEO, Deep Instinct

From disrupting elections to targeted ransomware to privacy regulations to deepfakes and malevolent AI, here are additional 42 predictions from senior cybersecurity executives

19/12/2019

“Threat actors will increase the use of AI to analyze defense mechanisms and simulate behavioral patterns, bypassing security controls and leveraging analytics and machine learning to hack into organizations. Threat actors, many of which will be state-sponsored, will increase their use and sophistication of AI algorithms to analyze organizations’ defense mechanisms and tailor attacks to specific weak areas. We’ll also see bad actors accessing the data streams of organizations and using the data to further orchestrate more complex attacks”—Dr. Torsten George, Cybersecurity Evangelist, Centrify

From disrupting elections to targeted ransomware to privacy regulations to deepfakes and malevolent AI, here are additional 42 predictions from senior cybersecurity executives

18/12/2019

"Hackers work on the theory that SMEs do not spend seriously on shoring up their cybersecurity and that the techniques that they used a year on large enterprises will work even today on smaller enterprises. More often than not, this theory holds good."-Pankit Desai

While tools like antivirus or a basic firewall may offer a degree of security, SMEs do need to customise security controls and re-assess these on an ongoing basis.

17/12/2019

Cyberthreats aren't just a problem for big corporations and governments; small businesses can be targets too. Research suggests that 22% of small businesses have been the targets of cyberattacks. Approximately 11 percent of these occurred in the last year, according to a study conducted by the Better Business Bureau.

https://www.kaspersky.com/resource-center/preemptive-safety/small-business-cyber-security

16/12/2019

"As more business infrastructure gets connected, Juniper Research data suggests that cybercrime will cost businesses over $2 trillion total in 2019."-Devon Milkovich

The scary truth about cyber security that you wish you’d known. 15 alarming cyber security facts and statistics for 2019.

13/12/2019

"Cyber hackers are moving to more sophisticated agendas such as espionage, disinformation, market manipulation and disruption of infrastructure, on top of previous threats such as data theft, extortion and vandalism. Being able to mitigate these threats requires businesses to not only think of cyber security as a business risk, but to act on this too."-Neil Campbell

Cyber security is no longer just a technology issue, it is a business one too. While more Hong Kong businesses are shifting their mindset from questioning if their business will experience an attack, to how will they respond, they still need to address cyber security as the business risk it is.

12/12/2019

"FastBooking, a Paris-based provider of hotel-booking software, is alerting client hotels to a data breach in which an attacker lifted personal information and credit card data from guests of hundreds of properties."

The hotel-booking software provider reports an actor stole personal and payment card data of guests from hundreds of properties.

11/12/2019

"Cyber-security is a growing concern for African organizations as technology evolves. African economies are not yet ready to avert cyber-threats due to lack of adequate expertise to contain these attacks," said Innocent Muhizi, chief executive officer of Rwanda Information Society Authority (RISA)

Information and communication technology (ICT) experts on Thursday warned that African economies are at higher risk of being the target of cyber attacks, due to lack of expertise to tackle sophisticated attacks.

10/12/2019

"In 2017, for example, several African countries were affected by the global WannaCry ransomware attack, which used a ‘crypto worm’ to encrypt data on computers running the Windows operating system and demand ransom payments in the Bitcoin cryptocurrency to unlock the data. Businesses of varying sizes in Nigeria, Egypt, Angola and South Africa were stung."-Kayode Yusuf FCCA

In their rush to embrace the digital future, African entities are leaving themselves dangerously exposed to cyber attacks. They should join forces to counter the threat