Antivirus and cybersecurity tech firm Trend Micro recently announced that GDPR extortion attempts are on the rise, with cybercriminals likely gearing up to attach larger organizations as they work to ensure compliance with the European Union privacy laws. Hackers and scammers can hold companies hostage by leveraging the power to take over control on vital aspects of these corporations if they gain access to their Internet of Things (IoT) devices or other devices on their network.
After the recent round of ransomware attacks of wanna-cry, the business world got a serious wake-up call, with many having no strategy for these sort of attacks. However, by using experiential planning, you can ride out the storm with no issues.
What is a ransomware?
This is a type of malicious software from crypto-virology that involves threats to publish classified information or initiate perpetual blockage to such data on condition that the ransom sought is not paid. Ransomware usage by cybercriminals has been on the rise as more government agencies and private firms continue adopting e-data storage systems. Cyber criminals seek to kidnap sensitive data or use lock screen attacks as the means through which they can compel their victims into paying the ransom they ask. In the past decade, many firms and organizations have been victims of ransomware leading to increased awareness of the need to take steps that will ensure they are safe. As more firms adopt the use of big data, there is anticipation that more cases of ransomware are likely to be on the rise.
You can never be completely safe when it comes to data security matters with the current rise in cases of cyber-attacks. These vicious attacks are a nightmare not only to individuals but also prominent organizations. Irrespective of personalities or business size, cyber-attacks are a menace. Cyber-attacks are vicious with a reason. Attackers not only invade your privacy but also put victims in vulnerable situations. For corporations, such attacks are brutal enough to bring them out of business. To individuals, the attacks have gone to the extent of causing the loss of many lives and huge debts arising from identity theft. However, you can reduce chances of such occurrences by instituting various cyber security measures as we will see in this piece.
HPE Unveils New Advances in Firmware Security
Hewlett Packard Enterprise (HPE) recently unveiled their newest advances in silicon-based security, including new methods specifically designed to address firmware attacks. With cyber security increasingly becoming an issue for both corporations and governments alike, HPE is confident that their new advances will help to balance the playing field and bring back a measure of security to clients. Aside from addressing security concerns, HPE also announced that they have made improvements to their software-defined infrastructure, which provides clients with new tools for economic flexibility and responsiveness.