Latest News

Imperva Research Labs Uncovers Global Rise in Security Incidents in August 2020 Cyber Threat Report

Published

4 years ago

September 23, 2020

Reading Time: 3 minutes

Australia, the United Kingdom, and Canada hit by the largest increase in incidents as data leakage attacks are also on the rise

Imperva, Inc., the cybersecurity leader championing the fight to secure data and applications wherever they reside, published its August 2020 Cyber Threat Index Report. The report showed most countries saw an increase in the number of security incidents in August. Simultaneously, the number of data leakage attack attempts also grew, targeting Apache servers, Git repositories, and databases.

The monthly report also revealed the overall Cyber Threat Index score rose for the second month in a row, gambling sites are facing larger DDoS attacks, and the number of high-risk vulnerabilities is growing.

Key findings between August 1 and August 30, 2020 include:

Globally, the number of security incidents increased during August. Most countries experienced more security incidents in August than June and July. The largest increases in incidents were in Australia (+19%), the United Kingdom (+15%), and Canada (+13%). The only exception to this global trend was Russia, which saw the volume of incidents reduce by 6%.
Data leakage attack attempts are on the rise. The number of data leakage incident attempts grew by 30% in August, targeting Apache servers, Git repositories, and databases. The most targeted industry for these attacks was Financial Services, which experienced a 55% growth in data leakage attack attempts since May.
Overall Cyber Threat Index score rose for the second month in a row. The CTI score went up by six points both in both July and in August, reaching a score of 798, due to the increase in revealed high-risk vulnerabilities and a 5% increase in security incidents. Counterintuitively, the volume of blocked malicious requests dropped, indicating more targeted tactics and fewer randomized “spray-and-pray” attacks.
The size of application DDoS attacks against gambling sites is increasing. DDoS attacks against gambling sites grew larger in size over the past few months. Imperva Research Labs measured a 281K requests per second (RPS) attack in August and a 250K RPS attack in July—larger attacks in comparison to the months prior.
The number of high-risk remote code evaluation (RCE) and remote file inclusion (RFI) vulnerabilities is growing. Continuing a trend Imperva Research Labs has observed over the past eight months, the number of published vulnerabilities continues to increase. More than 250 vulnerabilities published in August—half of which were published with an exploit, and 5% of them are considered “high risk.”
Travel industry traffic volume drops to a third of August 2019 levels. From November 2019 to April 2020, traffic decreased every month as the COVID-19 pandemic spread, becoming a global crisis. Although travel site traffic kicked off an upward trajectory in May 2020, it remains far below its pre-COVID 19 level. In addition, the number of security incidents in travel websites also decreased by 40% when compared to this time last year.

The Cyber Threat Index is a monthly measurement and analysis of the global cyber threat landscape across data and applications based on data gathered from Imperva sensors all over the world—including over 25 petabytes of network traffic passing through the Imperva CDN per month. With over one trillion total requests analyzed and 21 billion application attacks blocked, it offers an unrivaled comprehensive look at application security and provides an easy-to-understand score to consistently track cyber threat levels and observe trends over time. Viewers can dive deeper into the score and drill down for individual industries and countries, and also view historic Index scores.

The August 2020 Cyber Threat Index is available at https://www.imperva.com/cyber-threat-index/.

“Countries around the world are dealing with a similar problem in terms of increased security incidents. This is also exemplified by the increase in specific threats such as data leakage attacks, and vulnerabilities like RCE and RFI,” said Nadav Avital, head of security research at Imperva. “Furthermore, even though the volume of blocked malicious requests dropped, organizations must not lose focus, or assume they are safer because volume is down. Additionally, to address data leaks they must ensure assets are properly configured, to only allow necessary access to their systems.”

The Cyber Threat Index was created by Imperva Research Labs, a premier research organization for security analysis, vulnerability discovery, and compliance expertise. The organization provides round-the-clock research into the latest security vulnerabilities and is comprised of some of the world’s leading experts in data and application security.

BitLine

BitLine Enhances Onboarding Experience in Collaboration with Jumio: Simplified KYC for Casino Patrons

Published

5 hours ago

April 25, 2024

GamingAmericas.com

bitline-enhances-onboarding-experience-in-collaboration-with-jumio:-simplified-kyc-for-casino-patrons

This collaboration emphasizes convenience, security and regulatory compliance

Through the BitLine app, users can seamlessly transact with up to US$10 million in casino chips 24/7

BitLine, a pioneering provider in the integration of digital assets for direct access to casino chips, proudly announces a strategic alliance with Jumio, an industry leader renowned for its comprehensive know-your-customer (KYC) solutions.

This partnership marks a significant milestone as BitLine streamlines its onboarding process for casino patrons, ensuring a seamless and secure journey into the realm of digital asset-based payments for gaming.

The collaboration between BitLine and Jumio signifies a commitment to delivering unparalleled convenience while upholding the highest standards of security and regulatory compliance. By leveraging Jumio’s advanced technology, BitLine reinforces its dedication to building trust among users and offering a frictionless experience for individuals seeking access to casino chips via digital assets.

Richard Jones, the Chief Executive Officer for BitLine by Ibanera, expressed enthusiasm about the partnership, stating: “Trust and compliance are the cornerstones of every successful casino venture. At BitLine, our vision to innovate this industry through digital assets hinges on maintaining trust and adherence to regulations. Our collaboration with Jumio represents a monumental stride towards achieving this vision, ensuring that casino patrons transact securely and confidently through our platform.”

Echoing this sentiment, Robert E Prigge, the Chief Executive Officer for Jumio, commented: “The evolving landscape of digital assets presents endless possibilities and BitLine’s innovative approach has reshaped the casino industry. By eliminating withdrawal limitations and expanding accessibility, BitLine has ushered in a new era of gaming. We are thrilled to contribute to BitLine’s journey by providing essential elements of security and compliance.”

BitLine by Ibanera grants cryptocurrency owners unprecedented access to up to US$10 million in casino chips, 24/7/365, serving as a conduit for liquidity on the casino floor. Through the intuitive BitLine app, casino enthusiasts worldwide can initiate transactions within minutes, leveraging their digital assets to unlock funds effortlessly.

Blockchain

Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

Published

7 hours ago

April 25, 2024

Wladimir P.

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Reading Time: < 1 minute

Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.

Latest News

Sportradar Names New CFO, Craig Felenstein

Published

7 hours ago

April 25, 2024

GamingAmericas.com

sportradar-names-new-cfo,-craig-felenstein

Sportradar Group AG today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions where he most recently served as Chief Financial Officer. He will report directly to Sportradar Chief Executive Officer Carsten Koerl.

Felenstein brings nearly 30 years of senior finance and operating experience for US publicly listed companies across the media, entertainment, experiential and digital content industries to his new position at Sportradar. Most recently, Felenstein served as Chief Financial Officer at Lindblad Expeditions, a global leader in expedition cruises and adventure travel, where he oversaw the company’s global finance organization, as well their corporate development, information technology and human resources functions. In his role as Sportradar’s Chief Financial Officer, Felenstein will lead the company’s global finance, accounting and investor relations functions. Felenstein has a unique blend of financial rigor and operational insight and will partner with the rest of the executive leadership team to advance the company’s key strategic initiatives and grow the business while maintaining strong relationships with the investment community. He will be based in New York.

Carsten Koerl, CEO, Sportradar said: “With Craig’s deep international experience and successful track record building finance organizations as a CFO at US listed public companies, I am confident that he will be a strong addition to our team. His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success. We want to express our deep gratitude to Ger Griffin for his meaningful contributions to Sportradar during a transformational growth period for our Company.”

Prior to his tenure at Lindblad, Felenstein served as Senior Vice President of Investor Relations and Strategic Finance at Shutterstock where he oversaw all interaction with the investment community while leading the financial planning and analysis and corporate development functions. Prior to Shutterstock, he served in various management roles at Discovery Communications, LLC, including Executive Vice President of Investor Relations. At the same time, he was a member of the executive team for several of Discovery’s businesses including serving as the Chief Financial Officer of Digital, Chief Financial Officer of US Network Revenue and Chief Financial Officer of Animal Planet. Prior to Discovery Communications, he held senior positions at News Corporation, Viacom Inc., and Arthur Andersen & Co.

Felenstein said: “Sportradar has built an impressive leadership position in the rapidly growing global sports technology market and the Company is ideally situated to deliver sustained growth given their strong content portfolio, unmatched product offerings and commitment to industry innovation. I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalize on the significant growth opportunities ahead and deliver additional value to our clients, partners and shareholders.”