Just like in any other digital landscape where authentication plays a key role, cybersecurity will play a significant role in keeping the parties safe. No matter how sophisticated the technology and techniques of circumventing security measures will be, businesses will need to stay one step ahead of cyber criminals. So, the armaments race in cybersecurity that we’ve known for years will get even more intense.
And what will actually happen to the cheaters? Will they be sent to a sub-universe where they’re free to cheat where cheating is accepted as part of the rules? How will users in the metaverse be monitored to ensure any removal of possible illegal operations, morally corrupt conduct, and hate speech? By private companies themselves or by some governmental cyber-police?
There are a lot of open questions to be answered and certainly an interesting challenge for the metaverse community as well as the cybersecurity providers.
Find out more HERE.
Since April, researchers at Check Point Research (CPR) have seen an average of over 1,000 organizations being impacted by ransomware every week.
Prominent attacks that have taken place at the end of 2020 and the beginning of 2021 point at a new attack chain – essentially an expansion to the double extortion ransomware technique, integrating an additional, unique threat to the process – that CPR calls the Triple Extortion.
What is Triple Extortion? You can find out HERE.
It was one of the biggest questions in cybersecurity of 2021, and it’s
sure to remain on the minds of countless businesses into 2022,
too: How do you prevent a software supply chain attack?Such attacks have soared by 650% since mid-2020, due in large part to infiltration of open source software, according to a recent study by Sonatype.
But an even bigger driver of the question, of course, has been the unprecedented attack on SolarWinds and customers of its Orion network monitoring platform. In the attack, threat actors compromised the platform with malicious code that was then distributed as an update to thousands of customers, including numerous federal agencies.
Find out more, HERE.
The sophisticated Russia-based Conti group – which Palo Alto Networks has called “one of the most ruthless” of dozens of ransomware groups currently known to be active – was in the right place at the right time with the right tools when Log4Shell hit the scene 10 days ago, security firm Advanced Intelligence (AdvIntel) said in a report shared with Threatpost on Thursday.
You can read the Threatpost story HERE.
To find out what you should be doing check HERE.
Identity verification is integral to the secure use of digital platforms, many of which have become staples of consumers’ lives in recent years. But with so many authentication methods – from traditional passwords and usernames, to biometrics like face and fingerprint scans – it can be challenging to know just what consumers prefer from their apps and digital accounts, and how best to optimize these experiences from a merchant standpoint. In this virtual roundtable, PYMNTS Editor-in-Chief Matt Nesto hosts industry leaders to discuss this topic and more. Tune in.
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