Watch J & J Security inform Edge & Christian about their role for the evening.
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A survey by Trilix uncovered a significant vulnerability in a wireless router commonly used by SMBs. The vulnerability is in a device from a vendor – with a large user base around the globe – that CISA (Cybersecurity and Infrastructure Security Agency) previously observed PRC-sponsored actors exploiting. Edge devices, like routers, exist at the boundary between internal and external networks, making them a key target for cybercriminals and threat actors. Attacks on these devices can quickly lead to a compromised network and, ultimately, a data breach.
The survey further reveals that 200,000 devices with the vulnerability are currently exposed on the internet – and could be exploited without required interaction. This is immensely concerning, considering the attack can lead to a complete compromise of the device, allowing for a network breach and unauthorized access to internal resources.
According to RiskRecon, during 2020 and 2021, data breaches at small businesses globally jumped 152%, while during the same time period breaches at larger organizations rose 75%. Just like a contractor wouldn’t use the same tools, techniques, and tactics to dig a post hole as they would for a swimming pool – malicious actors adjust what they target to ensure they effectively compromise the vast landscape of small business.
Recently CISA released an advisory about the People's Republic of China state-sponsored exploitation of network devices typically used in Small Office and Home Office (SOHO) settings. Included in this list is CVE-2020-8515, related to a DrayTek small business router.
Edge devices themselves, such as routers and firewalls are rather uninteresting, however these devices are the gateway that protect the soft underbellies of companies. Once compromised, it's the open doorway into the rest of a network that is enticing for the adversary to perform the same level of research a team performs. A compromised edge device can le
Technology video | 116 views
With concerns on privacy awareness continuing worldwide, the research organisation Gartner predicts, organizations should focus on various privacy trends to help meet the challenges of protecting personal data and meeting regulatory requirements. By the year-end 2024, 75% of the world’s population will have its personal data covered under modern privacy regulations. This regulatory evolution has been the dominant catalyst for the operationalization of privacy. “Since most organizations do not have a dedicated privacy practice, the responsibility for operationalizing these requirements is passed onto technology, more specifically security, under the umbrella of the CISO’s office. With the expansion of privacy regulation efforts across dozens of jurisdictions in the next two years, many organizations will see the need to start their privacy program efforts now. Gartner predicts that large organizations’ average annual budget for privacy will exceed $2.5 million by 2024.
Think about Data Localization, in a borderless digital society, seeking to control the country where data resides seems counter-intuitive. The risks to a multi-country business strategy drive a new approach to the design and acquisition of cloud across all service models, as security & risk management leaders face an uneven regulatory landscape with different regions requiring different localization strategies. As a result, data localization planning will shift to a top priority in the design and acquisition of cloud services.
Secondly, Privacy-Enhancing Computation Techniques, Data processing in untrusted environments - such as public cloud - and multiparty data sharing and analytics have become foundational to an organization’s success. The pervasiveness of AI models and the necessity to train them is only the latest addition to privacy concerns.
Moving on, there will be centralized privacy, with the Increasing consumer demand for subject rights and raised expectations
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Collaboration Platforms posing risks
There has been a widespread adoption of collaboration platforms across industries to improve and personalize Customer Experience. Organizations are using these platforms in innovative ways to improve, personalize and hence deliver better Customer experience to a variety of customers across rural and urban areas. This has helped companies establish a better connection with a larger customer base and gives customers the flexibility to connect from anywhere, anytime and across any device/platform. Beyond connecting with customers, companies are also using collaboration platforms in a variety of ways to enable new ways of working, learning, service delivery, hosting events and empowering a hybrid workforce. In the post-pandemic world, collaboration and conferencing tools like Microsoft Teams, Slack, Zoom, etc. have replaced desk chatter, watercooler conversations and even email. As we approach the end of 2021, organizations across the globe have understood the importance of the hybrid work space and are preparing their teams for this new normal. As a semblance of normalcy resumed during the latter half of the year, we saw organizations adopt a mix of remote, hybrid and physical setups in different mixes as were best suited to their objectives.
Virtual Care and Telehealth are here to stay and the past couple of years have really highlighted the importance of virtual healthcare. Telehealth and video communications have made value-based care more accessible, convenient, and affordable. Various innovations and improvements have improved patient experience to a great extent. Providers today can consult with global experts and continue their medical education with virtual training, certification programs, and conferences. Most of the workers are on home networks, potentially using personal devices, or interacting — unwittingly or not — through unauthorized communica
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5G is a powerful innovation platform
The tech world continues to change and evolve, and it’s important to keep up with the changes. Globally, industries with edge presence - including communication service providers, retailers, manufacturers, transport businesses, healthcare and media/entertainment providers - face pressures to build more digitized businesses and new digital experiences for their customers. Organizations have a tremendous opportunity to digitally transform their businesses with 5G and cloud capabilities like artificial intelligence and machine learning at the edge. The pandemic gave us a glimpse at how cloud platforms and connectivity can come together to deliver ingenuity in how we work, live and connect. But as telcos race to harness 5G and Edge, the critical question has now become: can they avoid the same fate that recently befell legacy media companies when cloud hyperscalers and direct-to-consumer streaming conspired to take the lion-share of the profits in the media value chain?
5G is a powerful innovation platform. Combined with edge cloud capabilities, 5G has the potential to accelerate the digital transformation of virtually any sector of industry or society. 5G will require Telcos to radically change their model to address the enterprise market and provide more advanced mobile broadband services. 5G brings a new paradigm to consumers and enterprise. 5G will provide 10x faster speeds, ultra-low latency, and deterministic reliability. This technology will enable a new range of services, including driverless vehicles, remote robot controlling, VR/AR, and real-time gaming experiences, among others. The reality is 5G will bring significant costs to the telcos including licensing spectrum, building infrastructure and managing a complex real-time platform. Nearly all major telcos have announced their commitment to spending billions of dollars in the coming years on infrastructure to support 5G.
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