by Bharat Mistry
The cybercrime economy is one of the runaway success stories of the 21st century — at least, for those who participate in it. Estimates claim it could be worth over $1trillion annually, more than the GDP of many countries. Part of that success is due to its ability to evolve and shift as the threat landscape changes. Trend Micro has been profiling the underground cybercrime community for several years. And over the past five, we’ve seen a major shift to new platforms, communications channels, products and services, as trust on the dark web erodes and new market demands emerge.
Unfortunately, we expect the current pandemic to create yet another evolution, as cyber-criminals look to take advantage of new ways of working and systemic vulnerabilities.
by Bharat Mistry
For the past 12 years, Verizon has been publishing its Data Breach Investigations Report (DBIR). Whilst not the final word on the threat landscape, it always offers some interesting insight into current trends — this year distilled from over 32,000 analysed “incidents” and nearly 4,000 breaches worldwide. That’s why it was interesting to note the uptick in cloud-based threats stemming from external malice and insider error revealed in this year’s report.
The good news is that Trend Micro helps global organisations mitigate both types of cyber-risk; providing peace-of-mind to support employee productivity in a current climate of mass remote working.
Ask any successful CEO what their secret is and the answer will probably be the same: “listening to our customers.” The problem is that, too often, organisations lose that connection with the people and organisations that use their products. They end up giving end-users what they think they want instead of what they actually need. In cybersecurity, where the market moves at lightning speed in response to a rapidly evolving threat landscape, this is commonplace. It can also be fatal for a vendor.
That’s why we’re delighted to welcome our latest member of the Trend Micro UK team: Kiran Khokhar. We are looking forward to having Kiran join our team of spokespeople, as she understands exactly what customers are going through. This is because she used to be one.
By Joe Ashton
For organisations up and down the country, the past month has been a steep learning curve. The IT and security functions have never been more vital to ensuring business-as-usual, as hundreds or thousands of employees transition to remote working. Cyber-criminals have also been quick to adapt to the rapidly changing situation, making it crucial that CIOs and CISOs have the right tools, processes and policies in place to support productivity whilst managing risk effectively.
This is where Trend Micro has been able to offer its unique expertise as a trusted security partner.