Report: Two Million Brits Victims of Financial Identity Fraud

Nearly two million people in the UK may have had their identity stolen and used by fraudsters to open a financial account in 2023, according to FICO’s new Fraud, Identity and Digital Banking Report.

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Three Ways to Achieve Crypto Agility in a Post-Quantum World

Crypto agility, including the ability to rapidly switch between certificate authorities and encryption standards, is essential for securing digital infrastructure in today’s automated operational environment.

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How to Prepare for Elevated Cybersecurity Risk at the Super Bowl

Super Bowl 2024 in Las Vegas is a magnet for cybercrime. Here are a few things businesses should consider to minimize their risk.

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UAE Banks Conduct Cyber War Games Exercise

The exercises are aimed at finding security gaps in the nation’s banking infrastructure.

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4 Threat Hunting Techniques to Prevent Bad Actors in 2024

Threat hunting is essential for preventing bad actors. Learn effective techniques to identify and mitigate potential threats to your organization’s security.

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Paying Ransoms is Becoming a Cost of Doing Business for Many

Companies are bracing for a significant increase in cyber threats in 2024, with 96% of respondents expecting the threat of cyberattacks to their industry to rise, and 71% predicting an increase of more than 50%, according to Cohesity.

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Cybersecurity M&A Roundup: 34 Deals Announced in January 2024

Thirty-four cybersecurity-related merger and acquisition (M&A) deals were announced in January 2024.

The post Cybersecurity M&A Roundup: 34 Deals Announced in January 2024 appeared first on SecurityWeek.

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When is ART useful? When it’s IBM’s Adversarial Robustness Toolbox for AI

By releasing ART on Hugging Face IBM’s goal is to now make the defensive AI security tools available to more AI developers to help mitigate threatsRead More

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What kind of education does a cybersecurity specialist need? | Kaspersky official blog

The labor market has long experienced a shortage of cybersecurity experts. Often, companies in need of information-security specialists can’t find any – at least, those with specialized formal education and the necessary experience. In order to understand how important it is for a company to have specialists with a formal education in this area, and how well such education meets modern needs, our colleagues conducted a study – A portrait of a modern information security professional – in which they interviewed more than a thousand employees from 29 countries in different regions of the world. Among the respondents were specialists of various levels: from beginners with two years of experience, to CIOs and SOC managers with 10. And judging by the respondents’ answers, it looks like classical education isn’t keeping up with InfoSec trends.

First and foremost, the survey showed that not all specialists have a higher education: more than half (53%) of InfoSec workers have no post-graduate education. But as to those with it, every second worker doubts that their formal education really helps them perform their job duties.

Cybersecurity is a rapidly changing industry. The threat landscape is changing so fast that even a couple of months lag can be critical – while it can take four to five years to obtain an academic degree. During this time, attackers can modernize their tactics and methods in such a way that a graduate InfoSec “specialist” would have to quickly read all the latest articles about threats and defense methods in the event of an actual attack.

InfoSec specialists with real life experience argue that educational institutions in any case don’t provide enough practical knowledge – and don’t have access to modern technologies and equipment. Thus, to work in the InfoSec field and to fight real cyberthreats, some additional education is required anyway.

All this, of course, doesn’t mean that cybersecurity professionals with higher education are less competent than their colleagues without it. Ultimately, passion and the ability to continually improve are of the utmost importance in professional development. Many respondents noted that they received more theoretical than practical knowledge in traditional educational institutions, but felt that formal education was still useful since, without a solid theoretical basis, absorption of new knowledge would progress more slowly. On the other hand, specialists who don’t have post-graduate education at all, or who came to information security from another IT industry, can also become effective specialists in protecting against cyberthreats. It really does all depend on the individual.

How to improve the labor market situation

In order for the market to attract a sufficient number of information security experts, the situation needs to be balanced on both sides. First, it makes sense for universities to consider partnering with cybersecurity companies. This would allow them to provide students with more practically applicable knowledge. And second, it’s a good idea for companies to periodically increase the expertise of their employees with the help of specialized educational courses.

You can read the part of the report devoted to InfoSec educational problems on the webpage of the first chapter – Educational background of current cybersecurity experts.

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Data Breach at French Healthcare Services Firm Viamedis Puts Millions at Risk

Viamedis, a French healthcare services firm, suffered a cyberattack exposing the sensitive data of policyholders and healthcare professionals, leading to disruptions in healthcare services.

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