The costs of hacks are rising, the amount of ransomware is rising, and the number of organizations that have been breached will also rise unless organizations take action.
The latest edition of the ISMG Security Report discusses how ransomware groups continue to refine their shakedown tactics and monetization models, highlights from this year's Black Hat conference and why helping those below the "InfoSec poverty line" matters to businesses.
How do you know whether your organization has invested enough money and time in security? As director of information security for Canon EMEA, Quentyn Taylor is often asked this question. "I'll be honest with you - just to set some expectations here, I don't have the correct answer," he admits.
Infoblox has invested in shifting left in the cybersecurity kill chain with on-premises, cloud and hybrid versions of its BloxOne Threat Defense tools, which help security practitioners find and identify threats earlier and mitigate risks, says President and CEO Jesper Andersen.
Thoma Bravo is eyeing its third take-private security deal of 2022, initiating talks with Darktrace months after agreeing to buy SailPoint and Ping Identity. The cybersecurity AI firm says it's in early discussions with private equity giant Thoma Bravo on a possible cash offer for the business.
Research by Dun & Bradstreet says business identity fraud jumped 254% in 2020. Tools can help prevent this fraud but may create greater friction, say Andrew La Marca, senior director at Dun & Bradstreet, and Ralph Gagliardi, agent in charge, High Tech Crimes Unit, Colorado Bureau of Investigation.
Signal says 1,900 of its customers have been affected by the recent phishing attack on its third-party vendor Twilio. Signal says phone numbers and SMS verification codes of 1,900 customers are compromised, potentially transferring access of these accounts to the attackers.
Companies continue to struggle with prioritizing which vulnerabilities present the greatest risk to the business and need to be remediated first since vulnerability scoring is too often based on a static set of what could happen if an issue is exploited, says Qualys President and CEO Sumedh Thakar.
The Cl0p ransomware group has been attempting to extort Thames Water, a public utility in England. Just one problem: the group attacked an entirely different water provider. Through ineptitude or outright lying, this isn't the first time that a ransomware group has claimed the wrong victim.
When security practitioners lose their initial enthusiam for hunting cyberthreats, their companies begin to fail at cybersecurity, says CISO Marco Túlio Moraes. He discusses how collaborating with the business lines and moving from awareness to education all around can help fix this problem.
Watch this video and see why enterprises need to prioritize securing application secrets across DevOps pipelines and cloud-native apps, as well as for robotic process automation (RPA) bots and virtual agents, and more.
ENISA’s new "Threat Landscape for Ransomware Attacks" report analyzes 623 ransomware incidents in the EU, U.K. and U.S. from 2021 to 2022. ENISA cybersecurity officer Ifigeneia Lella shares how attacks have evolved and how 95% of reported incidents lack key data about how the breaches occurred.
Dutch police have arrested a man accused of working as a developer for Tornado Cash. "He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies via the decentralized Ethereum mixing service," Dutch authorities say.
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