A round-up of August 2021’s cybersecurity and datasec headlines, reports and downloads
August 2021 in the cybersecurity and datasec space saw headlines across a range of subject areas including: the rise in ransomware attacks and the number of companies paying; cybersec funding for low-and-middle-income countries; Google’s new security policies for Android apps; the quantum computing threat to privacy and secure communications; and many more.
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- Clean pipes’ and cyber-crime: “By one estimate, the cost of cyber security incidents to the Australian economy is $29 billion per year, or 1.9% of GDP.”
- ICYMI: XForce Threat Intelligence Index 2021, online now from IBM Security, looking at malware, cybersecurity, trends and more
- Unlocking the next frontier of data-powered threat hunting’ webinar set for August 5th, featuring speakers from Japan, Taiwan and Singapore
- Download: Cyberthreats Report, mid-year 2021, from Acronis – “…the average cost of a data breach was around $3.56M. The average ransomware payment rose 33%…” (pdf)
- “Whether or not a ‘cyber Pearl Harbor’ is imminent, businesses face a very real threat of ransomware and data theft every day (30,000 hack attempts per day, by some estimates).”
- ICYMI: World Bank partners Estonia, Japan, Germany and Netherlands for new global cybersecurity fund, in part aiming to boost knowledge in low and middle-income countries
- “…Asia Pacific region experienced a 168% increase in cyberattacks between May 2020 to May 2021…an overall 53% increase in cyberattacks from April to May of 2021 alone…”
- Download: 2021 Cyber Threat Intelligence Report, from Accenture, focusing on 4 key trends (pdf)
- ICYMI: Intel Labs launches multi-university Crypto Frontiers Research Center to develop cryptographic technologies for future devices, edge computing and cloud computing
- ICYMI: Google outlines new security policies for Android Apps to be in place by April 2022, covering privacy, data security, data transmission and more
- Privacy & quantum computing: “Unless proactive steps are taken to mitigate this threat, large-scale quantum computers will tear down the backbone of the internet, secure communications.”
- Download: The State of Ransomware 2021, from Sophos Group, including actual ransom payments made by victims, and the proportion of data victims were able to recover (pdf)
- Download: Global Ransomware Report, July 2021 – a brief summary of the month’s issues by country, industry, risk variant and more, from Blackfog (pdf)
- AI and phishing emails: “They were surprised to find that more people clicked the links in the AI-generated messages than the human-written ones – by a significant margin.”
- Thailand: Bangkok Airways investigating a cyberattack in which some customer personal data may have been compromised
- Australian organisations most likely globally to pay a ransom if hit by ransomware, IDC report finds
- Interview with Australia’s Ambassador for Cyber Affairs: “…it was hard to avoid international affairs which didn’t have some form of cyber component…”
- China: Anxinsec Technology network security firm raises $15 Series A, benefiting from gov’t tightening of data security and 3-year action plan to build cybersecurity industry
- Privacy & quantum computing: “Unless proactive steps are taken to mitigate this threat, large-scale quantum computers will tear down the backbone of the internet, secure communications.”
- “In July 2021, organizations in the education/research sector in India experienced the highest volume of attacks with an average of 5196 attacks weekly per organization.”
- Webinar: ‘Cybersecurity, critical technologies and energy – Japan and its role in the Indo-Pacific’ set for August 30th
- South Korea: Cybersecurity-specific language in 2021 Biden-Moon summit suggests new measures to diversify alliance beyond traditional North Korea deterrence
- Download: Global Ransomware Report, July 2021 – a brief summary of the month’s issues by country, industry, risk variant and more, from Blackfog (pdf)
- Singapore and United States sign 3 MOUs in order to work more closely on cyber threats and coordinated responses to online security incidents
- China: Didi ride-hailing giant reportedly in talks with state-owned infosec firm Westone to handle data management and monitoring in bid to appease regulators
- Podcast: The Value of NFTs in the View of a Cybersecurity Lawyer, part of CoinDesk’s ‘Mapping out Ethereum’ series
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