Mr. Cooper provides over 4 million people with mortgage lending options. They are the nation’s most prominent leading estate loan servicer, with over $900 billion in active service. The loan servicing giant recently experienced a technical outage; the culprit may have been a cybersecurity attack, potentially exposing the sensitive information of thousands.

Cybersecurity is never boring. In recent months, we’ve seen major cyberattacks on Las Vegas casinos and expanded SEC cybersecurity disclosure rules are top of mind. Is it any wonder we consistently recommend taking a proactive approach to secure your environment with a defense-in-depth strategy and appropriate monitoring? News outlets reported the recent compromise at the Identity and Authentication (IAM) firm, Okta.

As large organizations realize the likelihood of cyber attacks and improve their cyber readiness, small businesses are seeing increases not experienced by their larger counterparts. If I was to tell you that cyber attacks typically focus on larger businesses, you’d likely agree. After all, it just makes sense that the smaller the business, the likelihood that a cybercriminal’s earnings would be smaller. But, according to U.K.

When a ransomware group launched twin cyber attacks on casino giants MGM and Caesars, they only needed the accidental participation of the organizations’ outsourced IT help desk to get started. It was social engineering — in this case impersonation over the phone, or vishing— that gave the hackers the information they needed to launch a ransomware attack that cost both casinos millions.

A 60-minute DDoS attack could be launched with just $5 as per pricing on the Dark Web, and this was reduced from $15 in 2021. Unlike advanced attacks such as bot or zero-day attacks, these could be launched by hiring bandwidth on any of the ‘DDoS as a service’ websites. No wonder even Gartner calls out DDoS as one of the biggest threat vectors for security teams worldwide.

SQL server attacks are one of the most painful attacks organizations can suffer. An organization’s database is one of its softest spots, with a wide surface area susceptible to attacks. This results in it being an attractive target of attackers. Neglecting your organization’s SQL server security is equivalent to having a bomb ticking in your organization’s IT infrastructure.

Distributed denial of service (DDoS) attacks have consistently been a chief concern of security teams. However, common misconceptions still exist. Some view that DDoS attacks are merely nuisances or inconveniences – that they are volumetric and straightforward to defend against – and that the DDoS defenses most organization use today are fully capable of rendering these threats obsolete.

Welcome to the third DDoS threat report of 2023. DDoS attacks, or distributed denial-of-service attacks, are a type of cyber attack that aims to disrupt websites (and other types of Internet properties) to make them unavailable for legitimate users by overwhelming them with more traffic than they can handle — similar to a driver stuck in a traffic jam on the way to the grocery store.

When it comes to cybersecurity in Asia today, some of the key threats that organizations face – like ransomware and phishing – are consistent risks that all cybersecurity teams are surely familiar with. But others are more fluid and may evolve rapidly. Cyberattacks related to hacktivism, for example, are a growing threat in the APAC region, and generative AI technology is also impacting Asia cybersecurity challenges in novel ways.