Cybercrime now costs the global economy a trillion dollars
Cybercrime now costs the global economy about a trillion dollars, according to a new McAfee report. The report is titled "The Hidden Cost of Cybercrime," and in 2018, it said that the cost was an estimated $600 billion. Since then, the new figures show that the costs have risen by 50%.
In additi... Read more
Firefox 83 comes with an ‘HTTPS-Only-Mode’ loading only HTTPS sites
Firefox 83 is scheduled to be released on Wednesday and will come with a new security feature designed to load all websites using HTTPS. The feature is called "HTTPS-Only-Mode." If the loading does not go through, an error message on the sites that only support the older and less secure HTTP protoc... Read more
Qbot malware is back after ten years with terrifying new features
Qbot first appeared about ten years ago. It went into the shadows and has resurfaced with new features. It is now roaming the wild with one of the new features that give it the ability to hijack Microsoft Outlook email threads.
In a detailed report by Check Point Software Technologies rese... Read more
Crypto botnet Prometei targets devices to mine cryptocurrency Monero
A new botnet called Prometei is targeting the cryptocurrency Monero. According to Cisco Talos researchers, Prometei is designed to brute force into as many devices as possible, and mine Monero (XRM) cryptocurrency on behalf of its operators.
Prometei has been active since March and uses a mix of... Read more
‘European operators should use multiple 5G suppliers’
Operators from member states of the European Union should not be dependent on a single high-risk supplier for their 5G networks. The European Commission (EC) states in a recently published report that the member states should have several suppliers.
In the recently published 5G Toolbox Implement... Read more
‘Palo Alto Networks currently market leader, beats Cisco’
Palo Alto Networks is the current market leader in the field of network security and beats its competitor Cisco, according to a study by Analysys Mason.
Palo Alto Networks achieved a revenue of 869 million dollars (749 million euros) in the first quarter of this year. This revenue is mainly gene... Read more
Fortinet acquires cloud security company Opaq
Fortinet acquires Opaq Networks in order to strengthen its network security. The acquisition of Opaq Networks should help Fortinet secure both local offices and data centers.
The acquisition of Opaq makes it possible to offer a complete Secure Access Service Edge platform, also known as SASE. Ex... Read more
WatchGuard completes acquisition of Panda Security
US security company WatchGuard Technologies has completed the acquisition of Panda Security. Panda is a specialist in endpoint security for consumers and businesses.
The acquisition was initially announced in March. WatchGuard didn't disclose how much it paid for the security specialist. In a st... Read more
‘Protocol in 4G networks vulnerable to DoS attacks’
The Diameter protocol used within mobile 4G networks for signal processing is vulnerable to a kind of Denial-of-Service (DoS) attacks. This was recently discovered by the experts of network security specialist Positive Technologies.
According to the security experts, the standard Diameter protoc... Read more
Palo Alto Networks wants to be the central point for corporate networks
Palo
Alto Networks is developing as a company to take a more dominant role in the
market. The cybersecurity vendor became a big player on the market with
advanced enterprise firewalls, but actually wants to solve more and more
network and security issues. This message is packaged as SASE, also know... Read more