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PCM Hacked: Cloud Services Firm Plays Down Impact
Friday, June 28, 2019
PCM has offices in 40 locations across the world.
In an emailed statement to Computer Business Review Ilia Kolochenko, founder and CEO of cyber security firm ImmuniWeb, commented: “Modern attackers are risk-averse and profit-oriented. They won’t waste scarce resources and take the risks in frontal attacks on your castle, but will rather silently get in with one of your external suppliers or services providers.”
“Nowadays, trusted third-parties often have virtually unlimited and uncontrolled access to the crown jewels of many large companies and organizations. Without sufficient capacities to invest in their own cybersecurity, they are a low-hanging fruit for cybercriminals. Growing competition forces many cloud providers to cut their internal costs in order to stay competitive thereby inevitably exacerbating the situation.”
“Worse, many cloud providers don’t have sufficient capacities to detect sophisticated, long-lasting breaches and APTs, most of which eventually remain undetected and uninvestigated. What we see in the media is just the tip of the iceberg.” Read Full Article
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