The ransomware landscape is evolving with increased competition among threat groups and the emergence of new ransomware operations. However, victim organizations and potential targets are strengthening their security measures and procedures to prepare for potential ransomware attacks. Our latest quarterly report for Q1 2024 shows a significant decrease in ransomware incidents, down to 1,048 cases, representing a 22% decline compared to Q4 2023.

On April 12th, Palo Alto Networks released a CVE advisory for CVE-2024-3400, a critical vulnerability identified in the GlobalProtect Gateway feature of PAN-OS, the operating system for Palo Alto Networks firewalls. This command injection vulnerability allows unauthenticated attackers to execute arbitrary commands with root privileges on the affected devices.

In the first quarter of every year, organizations around the world release reports summing up data breach trends from the previous twelve months. And every year, these reports say broadly the same thing: data breach numbers have gone up again. This year is no different. Or is it?

Business intelligence company Sisense has seen secrets compromised in its GitLab repositories, leading to a siphoning of its customers' sensitive data.

The number of endpoints in an organization often exceeds the number of employees. Managing these often disparate entities is more than a full-time job. Moreover, keeping them secure is equally difficult, yet securing all of your endpoints against cyber threats has become paramount for organizations worldwide. A common oversight that undermines these security efforts is the misconception about data volume versus the necessity for comprehensive data collection.

Neobanks, which operate exclusively online without traditional physical branch networks, are facing an increasingly challenging landscape due to a significant rise in fraud cases. In recent years, financial institutions have reported a marked increase in fraudulent activities, with the average cost of fraud for institutions with assets over $5 billion rising by 65% from $2.3 million in 2022 to $3.8 million in 2023.

Welcome to the Threat Context Monthly blog series where we provide a comprehensive roundup of the most relevant cybersecurity news, and threat information from KrakenLabs, Outpost24’s cyber threat intelligence team.

In today's digital age, cybersecurity has become a constant concern for organizations. A thorough understanding of the cyber threat landscape is needed to address these challenges and protect your company's systems and data, as only then can you implement effective protection measures.