New data shows increased expertise in leveraging and exploiting cloud environments. CrowdStrike’s 2024 Global Threat Report shows that targeted attacks on cloud environments have increased, signaling that the cybercrime economy has realized the “untapped market” of the cloud environment.

The FBI’s Internet Crime Complaint Center (IC3) newly-released Internet Crimes Report provides an unbiased big picture of the cyber crimes that were the most used and most successful. A few weeks ago we covered the alarming trends on ransomware, and FBI’s IC3 division took in over 880,000 complaints last year from individuals and businesses about every cyber crime being committed. Unfortunately, the details on overall cyber crime show things are not improving.

Bitsight's leading analytics and workflows allow Nomura Asset Management to effectively reduce cyber risk across credit portfolios through targeted engagement. The increasing frequency and complexity of cyber attacks makes one thing clear - cyber risk is inextricably linked to business performance. This has prompted investors to prioritize cyber risk assessments within their portfolios.

The genius at the heart of AI—its ability to sift through mountains of data, actually spot a needle in a haystack, and act on threats before they blossom into full-scale emergencies—it’s undeniable. However, here’s the rub—every part of that impressive arsenal? It’s also up for grabs by the other side, and can (and will) arm them to launch attacks of unprecedented sophistication and elusiveness, the likes of which we’ve thankfully never seen up to now.

Nemesis Market, a notorious corner of the darknet beloved by cybercriminals and drug dealers, has been suddenly shut down after German police seized control of its systems. Germany's Federal Criminal Police (known as the BKA) has announced that it has seized the infrastructure of Nemesis and taken down its website. At the same time, cryptocurrency worth 94,000 Euros was seized by police.

In an era characterized by relentless digital transformation and interconnectedness, cybersecurity has evolved into a complex and dynamic battleground. Businesses, governments, and individuals find themselves locked in a perpetual struggle against a relentless flood of evolving threats. From sophisticated cybercriminal syndicates to state-sponsored hackers and opportunistic threat actors, our adversaries are as diverse as they are determined.

Cybersecurity threats loom large over businesses across various sectors. Cyberattacks may lead to data breaches, operational disruptions, monetary loss, reputational loss, and other negative impacts. The first step to preventing cyberattacks is identifying possible threats. The list of threats mainly depends on your industry and the types of data you store.

Business continuity planning is essential for every organization, regardless of size or industry. You need a plan for potential disasters or disruptions to normal business operations. An effective business continuity plan (BCP) details the procedures and resources needed to respond and recover when adverse events happen.

Successful software projects are managed well. To manage a project efficiently, the manager or development team must choose the software development methodology that will work best for the project at hand. All methodologies have different strengths and weaknesses and exist for different reasons. Here’s an overview of the most commonly used software development methodologies and why different methodologies exist.

AI chatbots such as OpenAI’s ChatGPT, Anthropic’s Claude, Meta AI and Google Gemini have already demonstrated their transformative potential for businesses, but they also present novel security threats that organisations can’t afford to ignore. In this blog post, we dig deep into ChatGPT security, outline how chatbots are being used to execute low sophistication attacks, phishing campaigns and other malicious activity, and share some key recommendations to help safeguard your business.

A website vulnerability refers to a weakness or misconfiguration in the design, implementation, or operation of a website that can be exploited by attackers to compromise its integrity, availability, or confidentiality. These vulnerabilities can exist in various components of a website, including its code, server configuration, database, and third-party plugins or extensions.