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LastPass calls for stronger cybersecurity practices across supply chains amid global pressure
astPass , a global leader in password management ,
L is calling for organisations to take urgent action to improve supply chain vulnerability . Ransomware and supply chain attacks continue to threaten businesses worldwide and the results from a single attack could be devastating , causing halts in production , monetary loss or even reputational damage .
While it ’ s been a volatile year , LastPass anticipates that cybercriminals will continue to target supply chains and third-party organisations . In a recent report carried out with IDC , LastPass revealed that 93 % of cyberattacks come from financially motivated organised crime actors . The most frequent data compromised is credentials ( 44 %), while more than half ( 57 %) of threat actors are external .
“ Supply chains are an easy and high rewarding target for hackers ,” said Dan DeMichele , Vice President of Product at LastPass . “ The most recent Lapsu $ attacks are a prime example as supply chain breach fears grow , not to mention the catastrophic attacks on Colonial Pipeline , SolarWinds and the Microsoft Exchange over the past few years .
“ Businesses are in a vulnerable state and it serves as a strong reminder of why managing cyber supply chain risks is essential to securing organisations and their networks effectively . We must also remember that the risk is not singular and other organisations within your ecosystem are also vulnerable .”
Trend Micro innovations shape the automotive cybersecurity industry
rend Micro – a global cybersecurity leader – has
T announced VicOne , dedicated security for the electric vehicles and connected cars of today and tomorrow . This innovation is the latest addition to Trend Micro ’ s long history of incubating successful business ideas to bring the best security offerings to the market .
“ At Trend Micro , we are driven by the desire to secure the connected world ,” said Eva Chen , CEO , and Co-founder of Trend Micro . “ As we focus on this mission , it is imperative that we free ourselves to explore the various new business models that fit the new supply chain . With VicOne , we anticipated an urgent OEM need for enhanced automotive cybersecurity . Built with the best of Trend Micro innovation , it will offer tremendous value to the industry .”
Electric vehicles are increasingly exposed to remote digital threats across a range of new attack scenarios . Original Equipment Manufacturers ( OEMs ) and suppliers must urgently build comprehensive cybersecurity protections into their ecosystem to comply with the new United Nations regulation , WP . 29 ( UN – R155 ).
Vehicle Security Operations Centres ( SOCs ) are a vital step for carmakers looking to comply with regulatory measures by offering enhanced threat detection and response for softwaredefined vehicles . VicOne ’ s Security Operations Centre integrates Microsoft Azure IoT services to collect telemetrics and other important security information from connected automobiles and uses Azure ’ s data services to analyse security threats and breaches . u www . intelligentciso . com
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