April Top Press Hits: Tax Fraud, API Security Breaches & Company Announcements
Cyber Security, Innovation, Public Relations, Technology Posted Apr 27, 2018 by Gabrielle Kondracki
Despite the lingering cold that had the East Coast wondering if Spring would ever arrive, there was no doubt that technology and security news was as hot as ever. From this year’s tax season being threatened by hackers, concerns over cyber attacks leading to physical damage, company announcements and everything in between, CHEN gives a summary of the must-know information our clients shared with the security and technology industries this month.
ServiceNow, Want to avoid cyberattacks? Simulate them
With over 50% of security professionals admitting that hackers are outpacing them with superior technology, Safebreach aims to combat hackers by offering automated attack tools that simulate breach tactics for an array of vulnerabilities without the messy impact of real malware. The Safebreach attack stimulations aims to stop attacks at many points during a breaches lifespan, making it harder for attackers to access company data.
CSO Online, 5 myths of API security
This month, Panera Bread suffered an API-related data breach, and Jason Macy, chief technology officer at API security management provider Forum Systems broke down the five myths that surround API security. Whether it be explaining that API security is a feature and not, in itself, a technology or informing that securing API isn’t as simple as its concept leads on, Macy gives a detailed explanation of API security for companies and individuals looking to prioritize API security and learn more about it.
CNBC- On The Money, Cybercriminals now targeting tax pros to cash in on fraudulent returns
Roman Sannikov sat down with Andrea Day as he showed criminals on the Deep and Dark Web who were selling and buying Tax ID’s. He showed how thieves filed fake returns by the thousands, disclosing that this type of attack is becoming increasingly popular among cybercriminals because these ID numbers act as a virtual crime kit that is hard to detect. He explained that it would cause a certain level of chaos for those filing taxes this season, and that it is paramount to stay secure during this process.
Duo is opening a new office in Detroit, expanding from their Ann Arbor, Michigan headquarters. The addition is noted as huge for the city that is home to more engineers per capita than any region in the US next to Silicon Valley. Knowing that Duo is recognized as one of the hottest security startups, this office location opens doors for the large number of engineers that reside within Metro Detroit to get involved, enabling an opportunity for both Detroit and Duo to help the growing momentum and efforts technologically taking place in the city.
Boston Business Journal, Largest Cybersecurity Technology Firms in Massachusetts
Digital Guardian was recognized as one of the largest cybersecurity technology firms in Massachusetts this month. Among the list were companies headquartered or had an office presence in Massachusetts with technologies or product-based services designed to protect computers, networks and data against threats. Digital Guardian was featured standing out for data loss prevention, data discovery, data classification, cloud data protection, endpoint detection and response.
Last month U.S. agencies were warned that Russia government actors were targeting U.S. critical infrastructure to secure control in extremely sensitive networks. Galina Antova, co-founder and chief of business development at Claroty explained this month that critical infrastructure includes everything that runs on industrial networks, noting that it is not limited to just the electric grid. This vulnerability has been demonstrated repeatedly through power grids, hospitals, and manufacturers and shipping firms. She explains that as critical systems become increasingly connected to the internet, the risk of a cyber-physical attacks will also grow.
Christina Lampe Önnerud, CEO of Cadenza has been involved in creating a new type of large capacity modular battery. Following patent approval for both the U.S. and China, this project is now being taken to production. She discusses her thoughts on the impact that getting patent approval has in these two countries in an interview with EFN, stating that China is an exciting market to open the playing field while the United States automotive industry will make the battery technology visible. (Courtesy of Google Translate due to Swedish outlet EFN).