News & Insights

SSL/TLS termination: focus on compliance and trust Cover

News

05 May 2023

SSL/TLS termination: focus on compliance and trust Cover

Protection and CDN service providers need to decode encrypted traffic to detect attacks and accelerate website content. Therefore, choosing a trusted service provider is crucial.

Critical DDoS threat situation persists

News

26 April 2023

Critical DDoS threat situation persists: government organizations increasingly under attack

No relief at the start of the year: the number of attacks on websites, Internet portals and APIs in the first quarter of 2023 is at the high level of the previous year.

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Security Insights

01 July 2022

Trending Topics cybersecurity – June 2022

BSI President Arne Schönbohm sees a significantly heightened threat level due to cyberattacks in Germany. In June, municipal institutions, energy suppliers as well as political parties and federal authorities were among the targets of cybercriminals.

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Security Insights

01 April 2022

Hackers use Spring4Shell exploit for remote code execution

Hackers are using the Spring4Shell vulnerability to inject malicious code onto vulnerable servers, posing the threat of major damage. Learn here how Myra protects against the new threat.

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Security Insights

21 March 2022

Risks in BaFin’s Focus 2022: Supervisory Authority Wants to Intensify Dedicated IT Audits

Cyber incidents pose a growing threat to the financial industry. BaFin is responding to this development with tighter IT controls and enforcement measures.

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Security Insights

28 February 2022

Supervisory authorities step up data protection controls in the public sector

EU supervisory authorities have launched a comprehensive investigation into cloud use in the public sector. The objective is to uncover and remedy any breaches of data protection.

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Security Insights

24 January 2022

Log4J vulnerability: internet on red alert

The critical “Log4Shell” vulnerability in the Java Log4J library enables attackers to inject malicious code on web servers and inflict massive damage. Find out everything you need to know about the vulnerability and how you can protect yourself.

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Security Insights

21 January 2022

Cyber incidents are the greatest risk to companies

Allianz rates cyber incidents caused by attacks or technical failures as the most significant risk for companies in 2022.

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Security Insights

01 December 2021

Operational resilience: BaFin puts even greater focus on cybersecurity

BaFin has set itself the goal of strengthening the operational resilience of the financial industry. An important part of this is the digital safeguarding of banks, insurance companies, and affiliated service providers.

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Security Insights

28 October 2021

Regulators take action against unauthorized use of U.S. cloud service providers

In an interview, KPMG legal expert Sebastian Hoegl reveals how Europeancompanies can best respond when they get a letter from the data protection authority or have concerns about whether they are violating data protection provisions by using U.S. cloud service providers.

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Security Insights

14 October 2021

A scalpel, not a shotgun: DDoS extortion with increasing precision

Extortionists are increasingly targeting cash-rich companies in critical sectors such as finance and healthcare. Having preventive protection for operational business is therefore crucial.

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Security Insights

27 August 2021

223 billion euros in damage caused by cyber attacks – why the number of unreported cases is much higher

When critical infrastructure is attacked, the actual damage is far greater. That is why the protection of critical infrastructure is fundamental to the well-being of us all.

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Security Insights

26 August 2021

BaFin revises MaRisk and BAIT: Higher compliance requirements for banks

In light of advancing digitization, cybersecurity is becoming an even greater focus of supervisory attention. Institutions must prepare for new or more specific regulations related to outsourcing, contingency management, and effectiveness controls, for example.

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Security Insights

18 August 2021

The lessons from the cyber disaster in Anhalt-Bitterfeld

For maximum security, existing protective measures should be continuously reviewed and adapted. Specialized service providers can help with this.

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Security Insights

02 June 2021

Digital bank heists: Bonnie and Clyde would be hackers today

These days, bank robbers are no longer armed with a handgun nor wear a hood – a laptop and just a bit of criminal energy are often all that’s needed.

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Security Insights

19 May 2021

IT security creates a foundation of trust for e-health solutions

In the healthcare sector, digital solutions are increasingly being used in administration, diagnostics, and treatment. Security and data protection are given top priority in order to promote social acceptance of e-health.

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Security Insights

12 May 2021

Financial regulator steps up controls on IT and cybersecurity

In light of advancing digitalization, cyber risks are becoming an even greater focus for BaFin. The supervisory authority is paying particular attention to the outsourcing of IT services.

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Security Insights

20 November 2021

Cyber insurance: DDoS and blackmail cause the most expensive damage

While external attacks account for the majority of the damage, internal incidents are the most common cause of cyber damage—but with a lower financial impact.

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Security Insights

02 November 2020

Cyber warfare: US military succeeds in strike against the TrickBot botnet

The U.S. Cyber Command has temporarily disrupted the botnet allegedly controlled by Russian cyber criminals to prevent it from impacting the U.S. presidential election.

Main entrance of the Federal Office for Information Security (BSI)

Security Insights

26 October 2020

BSI report: “Threat situation in the KRITIS sector remains at a high level”

CRITIS operators across sectors face DDoS and ransomware attacks in particular. Complex DDoS attacks on banks caused disruptions in payment transactions.

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Security Insights

05 October 2020

Lives depend on cybersecurity in critical infrastructures

A ransomware attack brought down key systems at the University Hospital of Düsseldorf. Due to limited operations, there were major restrictions in patient care – with tragic consequences.

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Security Insights

03 September 2020

BaFin demands higher hurdles for IT outsourcing

Raimund Röseler, BaFin Executive Director for Banking Supervision, is in favor of IT outsourcing to qualified service providers. However, he is calling for the right of direct control over the service providers. Banks must choose their IT partners with care.

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Security Insights

15 July 2020

Digitization in healthcare in demand as never before

International studies show that patients are increasingly demanding digital treatment methods such as telemedicine, health apps or AI-supported diagnosis programs. However, IT security, data protection and compliance are the basis for successful digitization in the healthcare sector.

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Security Insights

25 June 2020

Cloud computing in the passing lane

The topic of cloud computing is more important for German companies than ever before. Over three-quarters of all companies relied on computing power from the cloud last year - and the trend is still rising.