Ransomware continues to be one of the most pervasive and costly cyber threats facing organizations worldwide. More than 40% of organizations surveyed by ESG research experienced a successful ransomware attack in the previous 12 months, and 32% were successfully attacked more than once. The consequences of failing to protect against ransomware can be devastating for any business. Beyond financial loss, victims can suffer operational downtime, reputational damage and potential regulatory fines.

As we close out 2024, I find myself reflecting on what has truly been a transformative journey for AlgoSec. This year has been filled with ground-breaking innovation, meaningful industry recognition, and a deep commitment to our vision of secure application connectivity. It has been a year where every challenge was met with determination, every milestone became a stepping-stone toward a greater future, and every success strengthened our resolve to lead in secure connectivity.

If you are like many CISOs, you feel pressure to increase the value of your security testing budget. And if you are one of the 53% of enterprises reporting stagnant or decreasing budgets in 2024, you have even more work cut out for you. Increasing testing value requires a re-evaluation of nearly everything. Tackle tool sprawl. Optimize workflows. Reduce false positives. Review cloud spend. All while demonstrating ROI even in the absence of incidents. This post is about ways to reach these goals.

This is the second blog post in a series exploring how Kubernetes, despite its inherent complexity, provides features that simplify security efforts. Kubernetes presents an interesting paradox: while it is complex, it simplifies many aspects of deploying and managing containerized applications, including configuration security. Once you navigate its learning curve, Kubernetes unlocks powerful capabilities and tool support that make managing configuration security significantly easier.

Role-Based Access Control (RBAC) is important for managing permissions in Kubernetes environments, ensuring that users have the appropriate level of access to resources. However, organizations often encounter challenges in effectively managing their role-based access control systems, which can lead to security vulnerabilities and compliance issues. Below are the best RBAC tools for managing Kubernetes RBAC, ensuring compliance and enhancing security within cloud-native applications.

Customer fraud losses and remediation are often integrated as an inevitable cost of doing business Fraud’s impact on the bottom line is often considered when pricing products and services. This has happened since the first thief swiped a product from a marketplace stand. Today, scams responsible for severe business impact have become increasingly sophisticated, and the creeping costs are increasingly hard to budget for.

DSPM, CSPM, and CIEM are more than just a mouthful of acronyms. They are some of today’s most sophisticated tools for managing data security in the cloud. While they are all distinct entities and go about protecting data in different ways, the fact that they all seem to do very much the same thing can lead to a lot of confusion. This, in turn, can sell each of these unique solutions short – after all, they were all created in response to a specific problem.

Building a strong SOC doesn’t happen overnight. It requires strategic planning, smart hiring, and a long-term vision. This is especially true when it comes to the bedrock of any successful SOC: its analysts. SOC managers play a crucial role in building, mentoring, and developing analysts to ensure the SOC is resilient and effective. If you’re a SOC manager, here are some strategies for building a strong SOC team.

Despite a ransomware payment controversy, some companies still decide to yield to the attacker’s requests. Doing so may seem like the easiest way out, but it comes with its own set of complications, both ethical and legal.

MSPs and IT organizations run lean and can’t afford to waste time sifting through false positives and dealing with operational inefficiencies. This is why we are pleased with our results of 2024 MITRE ATT&CK Enterprise Evaluation, which included a new element this year to test a vendor’s ability to deal with “Noise” and distinguish between benign and malicious actions.