User Education, Cloud Security and XDR Are Critical for Cybersecurity in 2021

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Trend Micro predicts that remote and cloud-based systems will be ruthlessly targeted next year

 

HONG
KONG SAR – Media OutReach – 9 December 2020 – Trend Micro
Incorporated

( TYO: 4704 ; TSE: 4704 ), the leader in cloud security, predicts that home networks, remote working
software and cloud systems will be at the center of a new wave of attacks in
2021.

 

Trend
Micro’s predictions report, Turning
the Tide
, forecasts
that cybercriminals in 2021 will particularly look to home networks as a
critical launch pad to compromising corporate IT and IoT networks.

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“As we begin to enter a post-pandemic
world, the trend for remote working is likely going to stick for many
organizations. We predict more aggressive attacks to target corporate data and
networks,” said T ony Lee, Head of Consulting, Hong Kong and Macau,
at Trend
Micro. “Security teams will need to double down on user training, extended
detection and response and adaptive access controls. This past year was all
about surviving: now it’s time for businesses to thrive, with comprehensive
cloud security as their foundation.”

 

The report warns that end users who
regularly access sensitive data (e.g. HR professionals accessing employee data,
sales managers working with sensitive customer information, or senior
executives managing confidential company numbers) will be at greatest risk.
Attacks will likely exploit known vulnerabilities in online collaboration and
productivity software soon after they are disclosed, rather than zero-days.

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Access-as-a-service business models of
cybercrime will grow, targeting the home networks of high-value employees,
corporate IT and IoT networks. IT security teams will need to overhaul work
from home policies and protections to tackle the complexity of hybrid
environments — where work and personal data comingle in a single machine.
Zero-trust approaches will increasingly be favored to empower and secure
distributed workforces.

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As third-party integrations reign,
Trend Micro also warned that exposed APIs will become a new preferred attack
vector for cybercriminals, providing access to sensitive customer data, source
code and back-end services.

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Cloud systems are another area in
which threats will continue to persist in 2021, from unwitting users,
misconfigurations, and attackers attempting to take over cloud servers to
deploy malicious container images.

 

Trend Micro recommends the following
steps to mitigate threats in 2021:

  • Foster user education and training to extend corporate
    security best practices to the home, including advice against the use of
    personal devices
  • Maintain strict access controls for both corporate
    networks and the home office, including zero trust
  • Double down on best practice security and patch management
    programs
  • Augment threat detection with security expertise to protect
    cloud workloads, emails, endpoints, networks, and servers round-the-clock

Cybercriminals
will continue to go where the money is — seeking the greatest financial returns
on their attacks. Organizations and security teams must remain nimble and vigilant
to stay ahead of criminals.

 

Download the report here: https://www.trendmicro.com/vinfo/hk/security/research-and-analysis/predictions/2021

About Trend Micro

Trend Micro, a global leader in cybersecurity, helps make the
world safe for exchanging digital information. Leveraging over 30 years of
security expertise, global threat research, and continuous innovation, Trend
Micro enables resilience for businesses, governments, and consumers with
connected solutions across cloud workloads, endpoints, email, IIoT, and
networks. Our XGen™ security strategy powers our solutions with a
cross-generational blend of threat-defense techniques that are optimized for
key environments and leverage shared threat intelligence for better, faster
protection. With over 6,700 employees in 65 countries, and the world’s most
advanced global threat research and intelligence, Trend Micro enables
organizations to secure their connected world www.trendmicro.com.hk.

User Education, Cloud Security and XDR Are Critical for Cybersecurity in 2021

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Latest News

Securing Payments in Asia: Omise Integrates the EMV 3DS 2.2 Protocol Using Netcetera’s 3DS Server

Securing payments in Asia with latest 3-D Secure technology - Omise integrates the EMV(R) 3DS 2.2 protocol using Netcetera's 3DS Server

 

ZURICH, SWITZERLAND and SINGAPORE - EQS Newswire - 27 January 2021 - 

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Securing payments in Asia with latest 3-D Secure technology
Omise integrates the EMV 3DS 2.2 protocol using Netcetera's 3DS Server


The Payment Service Provider Omise has implemented the Netcetera 3-D Secure Server to secure online payment transactions in the APAC region. Netcetera, a market leader for digital payment solutions, offers certified products for 3DS payment processing, and promotes secure and frictionless consumer authentication. With the go-live beginning of January 2021, Omise is among the first PSP customers to implement the latest EMV(R) 3DS 2.2 protocol, enabling them to increase the approval rates and reduce fraud.

PSPs, merchants and acquirers need to reduce the risk for non-authenticated transactions, associated refunds and lost revenue, while at the same time establishing a frictionless flow and improving the cardholder experience during online shopping. Finding the right balance of serving both security and convenience is a challenge.


To successfully address this challenge, Omise decided to implement the network-certified and PCI-ready Netcetera 3-D Secure Server on premise solution. They are among the first PSPs to implement the 3DS server with the latest protocol EMV 3DS 2.2. Jatuporn Pinnuvat, Head of Product Innovation at Omise, says: "After a thorough evaluation and investigation of different suppliers and products, we decided on Netcetera with their flexible, agile and independent payment offering. We consider their 3DS server as the most reliable and viable product to support secure and convenient transactions. The implementation was smooth and efficient, and we were able to save a lot of time and effort thanks to the comprehensive technical documentation, educational webinars and Netcetera's professional support."


With their strong presence, providing service to thousands of merchants in the APAC region, Omise is a major player in the payment industry, and drives security and convenience of online payments together with Netcetera. Kiril Milev, Managing Director of Netcetera's location in Singapore, says: "We are convinced that we can bring value to the payment industry with our certified and state-of-the-art products, driving e-commerce payment forward. With this implementation at Omise, we are able to strengthen our presence in the APAC region". Ivan Ong, responsible for sales and business development in the area for Netcetera, adds: "We are committed to adapt our products to new regulations and protocols and are always among the first to be compliant. We are happy to count Omise among our customers, and as one of the first to implement our server with the latest 3DS 2.2 protocol."


Note:
EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

About Netcetera

Netcetera is a global software company with cutting-edge IT products and individual digital solutions in the areas of secure digital payment, financial technologies, media, transport, healthcare and insurance. More than 2,000 banks and issuers, and 150,000 merchants rely on the digital payment solutions and globally certified 3-D Secure products of the market leader for payment security. The owner-managed company covers the entire IT lifecycle, from ideation and strategy to implementation and operation. The balanced combination of the latest technologies and proven standards ensures investment security, from large-scale projects to innovative start-ups. Founded in 1996, Netcetera is a holding company with 700 employees and is headquartered in Zurich, Switzerland, with additional locations across Europe, Asia and the Middle East.


Further information: netcetera.com

About Omise

Established in 2013, Omise is a payments platform which provides businesses with a modern end-to-end infrastructure to accept, process and disburse payments online. Working with Omise, merchants have access to powerful payment tools, comprehensive risk management solutions, as well as connection to card networks and consumers' preferred payment methods. Omise enables revenue growth and seamless payment experiences across online, in-store and in-app.


Omise is present in Thailand, Japan and Singapore. The company is the payments platform of choice for thousands of brands today.

Further information: omise.co

User Education, Cloud Security and XDR Are Critical for Cybersecurity in 2021 - Brand Spur

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