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The underground marketplaces behind cybercrime [Q&A]

The underground marketplaces behind cybercrime [Q&A]
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Cybersecurity Fears Trigger Migration From the Public Cloud


Mar 26, 2021 7:51 AM PT
Cloud cybersecurity or a lack of it is feeding a frenzy of companies out of the public cloud. A similar concern about managing compliance obligations is keeping organizations from moving to the cloud in general.
However, much of the growing concerns over cloud cybersecurity result from experiences with public and private cloud platforms. A trend toward hybrid cloud computing could be an approach to better ensure data security, according to cybersecurity researchers.
Several cybersecurity reports raise concerns about confidence in cloud providers abilities to adequately protect users from data breaches, maintain visibility and security controls. The reports raise questions about deciding to use public or private cloud platforms or going to hybrid cloud use to supplement existing on-premises datacenters. ....

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New Report Profiles Ransomware Cybergangs | Hacking


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By Jack M. Germain
May 21, 2021 4:00 AM PT
That old adage about crime never pays could not be more false, at least when it comes to modern-day cybercriminals. For those bad actors using ransomware as their weapon, crime is paying more than ever.
Cybersecurity company Emisoft estimates that the true global cost of ransomware, including business interruption and ransom payments in 2020, was a minimum of US$42 billion and a maximum of nearly $170 billion.
A survey by Veritas Technologies found that 66 percent of victims admitted to paying part or all of the ransom, according to a report released Wednesday by managed detection and response firm eSentire. ....

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