With their ability to compromise energy networks' security, ‘Internet of Things’ botnets or IoT botnets are a grave threat to our infrastructure and energy usage. The Georgia Institute of Technology has researched the matter and devised a theory about how the daily use of electronic appliances in our homes can be hacked into, enabling cybercriminals to tweak the electricity grid however they … [Read more...] about Cyber Crime is a Threat to the Energy Sector; Here’s Why

Barracuda Networks, a cybersecurity firm, states that cybercriminals are evolving in the way they carry out their operations by using automation and bots in order to conduct cyber attacks.  In their new report titled “Threat Spotlight: Automated attacks on web applications,” Barracuda details that more than half (54%) of all cyberattacks that they blocked during the November-December … [Read more...] about Cybercriminals are Resorting to Automated Attack Tools

CrowdStrike has revealed some alarming information that points to the increased threat of cyber-attacks facing an organization. In 2020, threat actors had, on average, been able to infiltrate the cyber defenses of an organization in just four and a half hours - which is half the time it took to penetrate the same defenses in 2019.    Hackers have adopted a wealth of techniques … [Read more...] about Hackers are outpacing defenses, a new report finds