This Week in Security News: Scams and Security Risks

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, the EU and Japan finalized an agreement enabling the cross-border transfer of data. Also, businesses are turning to machine learning to combat data threats.

Read on to learn more.

Extensive Survey on IoT Cybersecurity Has Remarkable Top Consequence

Trend Micro recently conducted a global survey of IT and security decision makers. When asked about the top consequence to IoT security, many would have expected it to be data loss.

Is chat putting your business at risk?

Now that corporate activities are increasingly taking place outside of the office, technology that enables real-time communication and collaboration among office workers and telecommuters is absolutely essential.

Are YOU a Security Risk?

Scammers took advantage of tax season yet again this year as people rushed to file their returns on time.

Singapore Experiences its Worst Data Breach

A Singapore healthcare database was hacked in what is the country’s worst-ever cyberattack, with medical records of Prime Minister Lee Hsien Loong among those stolen.

Trend Micro Fraud Buster

Using advanced machine learning, Fraud Buster gives definitive ratings to questionable messages.

Russian Hackers Reach U.S. Utility Control Rooms, Homeland Security Officials Say

Russian hackers working for a state-sponsored group broke into secure networks owned by utilities.

The Anatomy of a Scam: Fake IRS Messages

In 2017, the IRS posted an alert notifying taxpayers about new email scams. Since, there have been a surge of phishing attempts.

Was it Ethical for Dropbox to Share Customer Data with Scientists?

Researchers at Northwestern University analyzed the habits of thousands of scientists using Dropbox.

How Mobile Threats Impact Today’s BYOD Landscape

Now that businesses have realized the benefits this type of strategy for their organizations, BYOD is becoming an increasingly powerful way to support efficient access and productivity.

Under GDPR, Data Breach Reports in UK Have Quadrupled

The number of breaches filed by businesses based inside and out of the U.K. has increased dramatically.

The Trend Toward Cryptojacking: What it is and how Businesses Can Prevent it

The next trend in cyberattacks involves leveraging the computer power of users’ systems to mine a profit.

EU-JEPA Inked, Reciprocal Adequacy of Japan Data Protection Law and the GDPR Finalized

A reciprocal arrangement was finalized, establishing the equivalence of the EU’s GDPR and Japan’s Act on the Protection of Personal Information (APPI) and enabling data transfers between the two.

Is Big Data Enough for Machine Learning in Cybersecurity?

To address the vast amounts of threat data, security providers are turning to machine learning.

Are you surprised that companies are turning to machine learning to combat data threats? Why or why not? Share your thoughts in the comments below or follow me on Twitter to continue the conversation: @JonLClay.

Read More HERE