What are the biggest, most interesting stories in the ever-changing worlds of cybersecurity, risk mitigation, and information governance?
It’s harder than ever to narrow the field – because the world is moving just that quickly. But we’ll give it our best shot with 9 stories that caught our eye this quarter, an interesting mix of GRC and cybersecurity items that show how many different forces and trends are at work the world over.
> Employees and social media cybercrime? It’s costing companies billions
One in five organizations has been infected with malware distributed via social media, and social media-enabled cybercrime is generating at least $3.25BN in annual global revenue for the bad guys, according to an extensive study by a leading academic at the University of Surrey.
One notable threat comes from cryptojacking, where employee or personal computers are hijacked to perform cryptomining operations, and it’s actually surpassed ransomware as the top threat to individual and corporate computer systems.
Four of the top five global websites hosting cryptomining code are social media sites, and those sites contain up to 20% more methods of malware…
