Ransomware is the fastest growing malware threat, targeting users in all industries and businesses of all sizes. On average, more than 4,000 ransomware attacks have occurred daily since January 1, 2016. This is a 300-percent increase over the approximately 1,000 attacks per day seen in 2015. What is Ransomware? Ransomware is a form of malware that…Learn More
Warren Finkel, ACE IT Solutions’ Managing Partner, will be moderating a panel discussion, “OCIE Cybersecurity and Other Market-wide Risks” at the 10th Annual Hedge Fund General Counsel & Compliance Office Summit. Corporate Counsel’s Annual Hedge Fund General Counsel and Compliance Officer Summit provides cutting-edge insights into the latest legal, regulatory and compliance opportunities and challenges faced…Learn More
Juniper Networks has announced that it has discovered “unauthorized code” in ScreenOS, the operating system for its NetScreen firewalls, that could allow an attacker to decrypt traffic sent through Virtual Private Networks (VPNs). Juniper suspects the bug has been around since 2012. An advisory published by the company notes that the backdoor impacts NetScreen firewalls…Learn More
Even financial giants like JP Morgan are falling victim to cyber attacks. According to the New York Times, hackers gained entry to dozens of the bank’s servers over a period of two months. This potentially gave the hackers a window into how the bank’s individual computers work. Hackers were able to review information about a million customer accounts…Learn More
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