With the rapid increase in digital transformation & hybrid work, organizations are noticing that the biggest vulnerability is with legacy MFA solutions that have failed to keep pace with the ever-evolving skills, technology and persistence of today’s cybercriminals.
The key to defending your organization’s...
The European Central Bank will conduct cyber stress tests to determine banks' resilience against cyberattacks. The tests, which will receive a "significant amount of time and resources," are set to be completed by mid-2024, said Andrea Enria, ECB's top official for oversight.
In the latest weekly update, ISMG editors discuss important cybersecurity and privacy issues, including how the new U.S. cybersecurity strategy doubles down on hitting ransomware, how the strategy shifts liability issues to vendors, and why check fraud is on the rise and what can be done about it.
The economic downturn has laid bare just how much of a disaster special purpose acquisition companies have been for the cyber industry. Despite this, confidential computing security vendor Hub decided to try its luck with a SPAC. So far, Hub's time on the Nasdaq Stock Exchange hasn't gone well.
A French law requiring companies to report cyber incidents to authorities within 72 hours or lose their eligibility for cyber insurance reimbursement has practitioners scratching their heads. Global companies with headquarters in France will have the most uncertainty, experts say.
Records of more than half a million customers of a lending service owned by India's largest private sector bank are apparently downloadable for free on a criminal data breach forum. HDFC Bank says it detected a data breach at one of its service providers that processes customer information.
Identity verification and e-signature firm OneSpan is working with investment bank Evercore on a sale process that could attract interest from other businesses and private equity firms, Reuters reported. This follows five publicly traded cyber vendors agreeing to go private since the start of 2022.
Because open source usages is now so pervasive, companies are increasingly concerned about the security of applications built on the foundation of open source components. Organizations are also keenly aware of the legal risks of failing to comply with the open source licenses that govern the components they use....
Privacy concerns involving the tracking, collection and disclosure of sensitive health data of consumers - without their knowledge or consent - remain top enforcement priorities for federal regulators, as well as top legislative fodder for some members of Congress.
Arctic Wolf has expanded its security operations platform into threat intelligence, incident response and cyber insurance, says CEO Nick Schneider. The company has focused on putting businesses in the best possible position to answer questions from insurance carriers following a security incident.
Platform players such as Cisco and Palo Alto Networks and pure-play vendors such as Lookout and Versa Networks top the first-ever vendor evaluation of the SASE market. Versa edged out Palo Alto Networks in product leadership, and Cisco was a distant third, the KuppingerCole Leadership Compass found.
Technologists were quick to point out that popular AI-based chatbot, ChatGPT, could lower the bar for attackers in phishing campaigns and even write malware code, but Cato Networks' Etay Maor advises taking these predictions "with a grain of salt" and explores the pros and cons of ChatGPT.
The Biden administration's national cybersecurity strategy emphasizes bolstering critical infrastructure sector protections, including setting minimum security requirements and enhancing collaboration. But observers says the industry needs more resources and a better security posture to comply.
Eset researchers discovered the first in-the-wild bootkit malware, BlackLotus, bypassing security and booting up on fully up-to-date Windows 11 systems. Researchers found the Unified Extensible Firmware Interface bootkit in 2022, being sold on hacking forums for $5,000.
In the latest weekly update, four ISMG editors share highlights of ISMG's upcoming Engage Toronto event and discuss how the U.S. Supreme Court may undercut the identity theft statute and how - despite tough economic times - vendor Wiz boosted its valuation by $4 billion in 16 months.
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