Identity is more important than ever in today's "work from anywhere" world where the need for secure authentication has become paramount. Zero Trust Authentication complements security investments in EDRs, EPPs, SIEMs and existing SSOs and delivers a passwordless experience that drives productivity.
IBM has bought a startup founded by a longtime security leader in the Israeli Prime Minister's Office to ensure personal identifiable information isn't left unprotected. The deal will ensure sensitive data isn't exposed in public cloud data stores or SaaS apps like Slack, SharePoint or Office 365.
In the annals of attempting to downplay the impact of a data breach, here's a new one: British outsourcing giant Capita says the hackers who hit it - steling data pertaining to customers, suppliers and employees - accessed "less than 0.1% of its server estate."
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.
Here's further proof many cybercriminals are rampant self-promoters: Credit card market BidenCash, which sells compromised payment card data, dumped 2 million payment cards for free. This shows that competition between carder markets - and increasingly, Telegram-based vendors - is fierce.
The cybersecurity industry experienced a dramatic drop-off in funding, stock prices and M&A activity as the economic downturn took hold in late 2022. Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, Momentum Cyber found.
Will large language models such as ChatGPT take cybercrime to new heights? Researchers say AI for malicious use so far remains a novelty rather than a useful and reliable cybercrime tool. But as AI capabilities and chatbots improve, the cybersecurity writing is on the wall.
Varonis has dedicated most of its engineering resources to SaaS since the onset of COVID-19 to provide more automation to customers, says CEO Yaki Faitelson. The company has focused on delivering robust data protection to customers without them having to dedicate hardware or personnel to the task.
Thoma Bravo, Vista Equity Partners and rival Francisco Partners have set their sights on a new target: Sumo Logic. Each of the three private equity firms has approached the Silicon Valley-based data analytics software vendor expressing interest in a possible acquisition, The Information reports.
As artificial intelligence, or AI, grows in popularity for simplifying workflows and diagnosing patients, healthcare leaders need to understand that AI use is also increasing among cyberattackers and take action to prevent its use for malicious purposes.
The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
Essential reading for network defenders: CircleCI's report into its recent breach, which began when malware infected an engineer's laptop. After stealing "a valid, 2FA-backed" single sign-on session cookie, attackers stole customers' secrets and gained unauthorized access to third-party systems.
Pity the overworked ransomware gang - say, LockBit - that just "discovered" one of its affiliates hit Britain's postal service. But until Western governments find a way to truly disrupt the ransomware business model, operators remain free to keep spouting half-truths and lies at victims' expense.
The prolific ransomware group LockBit has been tied to the recent disruption of Britain's national postal system, as Royal Mail reports it remains unable to send international letters or parcels. While LockBit has enjoyed unusual longevity, could this attack be its undoing?
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