Picture this: a critical security breach has exposed your company’s data. Your IT team scrambles to identify the compromised device but needs a clear picture of all the laptops, servers, and mobile devices connected to your network. Without one, your systems and reputation are at risk.

Best-selling writer Maria Konnikova once wrote, “Fraud thrives in moments of great social change and transition.” These words ring truer than ever as additional aspects of business and everyday life move swiftly online. Whether you think about eCommerce, remote work, online banking, or digital government services, the opportunities for fraudsters continue to multiply. The online world currently creates such a fertile ground for fraudulent activity that U.S.

Cybersecurity teams are under immense pressure in 2024. They need to be more efficient than ever to stay ahead of evolving threats. This means embracing new technologies, strategies, and frameworks. One powerful tool in their arsenal is the threat intelligence lifecycle—a vital but challenging aspect of proactive cyber defense. Forward-thinking enterprises understand the value of a structured approach to threat intelligence.

Account takeover (ATO) fraud poses a serious and personal threat, especially when it compromises something as critical as your bank account. Imagine the shock and helplessness of discovering you’re suddenly barred from accessing your own financial resources. This violation isn’t just about unauthorized transactions or financial losses; it’s a profound breach of your privacy.

Navigating the internet today can be a minefield. With the rise of malicious websites, customers and employees must now think twice before clicking on unfamiliar links or sites. Attackers often try to spoof and ‘brandjack’ well-reputed organizations and lure users into giving away personal info, money or letting hackers into their systems.

It’s no longer a question of ‘if’, but ‘when’ and ‘how’ cyber threats will target an organization. This reality demands a proactive approach to digital security. Recent data shows that over 85% of organizations have experienced a cyber attack supporting this need for vigilance. These incidents range from data breaches to brand impersonation, each carrying significant risks to business integrity and continuity.

It’s surprising how much website security today is often lacking, even across major and popular sites. Needless to say, such security gaps leave businesses vulnerable to hackers, viruses, and other cyber threats. Consider this: A recent brand impersonation fraud campaign targeted over 100 popular apparel brands with a vast network of 3,000+ spoofed brand websites.

Cybercriminals are notoriously adept at evolving their strategies and tactics to defraud individuals and businesses out of their hard-earned money. One perfect example of the evolution of effective and illusive financial fraud is card skimming. But is card skimming still a thing in 2024? Very much so. According to the FBI, card skimming fraud still costs financial institutions and American consumers more than $1 billion yearly—and it’s growing.

Brace for impact—CISOs and IT professionals are gearing up for what promises to be an intense year in cybersecurity. Cybercriminals are readying themselves with increasingly cunning tactics against unsuspecting organizations and users. From leveraging artificial intelligence in creating bespoke malware to launching impressively uncanny spoofed sites, the risks are becoming increasingly intricate and difficult to predict.

With personal data or business communications, our vast digital footprint is vulnerable to malefactors. Consequently, safeguarding sensitive information has become a pressing concern for companies of all sizes. The cost of cybercrime was $8 trillion globally in 2023 and is projected to hit $10.5 trillion by 2025. This alarming statistic emphasizes the escalating threat and the critical need for robust cybersecurity measures.