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LockBit Ransomware hits again

Launched in September 2019 and formerly known as 'ABCD', LockBit is a ransomware-as-a-service (RaaS) threat that was updated in June 2021 and improved on the group’s earlier claims of having the fastest encryption process on the ransomware scene (Figure 1). Much like other RaaS offerings, LockBit operates an affiliate profit sharing program in which up-to eighty percent of a ransom payment can be earned whilst the operators claim the remainder.

How Did the Cybersecurity Ecosystem Get So Clogged Up?

Today’s enterprise operations involve the coordination of several different digital ecosystems but none quite so inflamed as the cybersecurity ecosystem. Technology has been evolving at a rapid pace, and attackers are armed with advanced tactics to steal data and expose secure information. In response, cybersecurity teams deploy numerous tools and solutions to prevent and mitigate these attacks.

5 reasons why you need Cyber Essentials

If we told you that certifying with Cyber Essentials was a simple but effective way to protect yourself from up to 80% of common cyber attack methods, wouldn’t that alone be enough to convince you it’s worth it? The Cyber Essentials scheme is a Government backed certification standard that enforces 5 key technical controls. By following these controls, you create an essential security baseline to protect your business from everyday cyber threats.

Remote learning: A bounty for online cyberattackers

On 26 April 2020, 189 countries across Asia, Europe, the Middle East, North America, and South America shut down schools marking one of the largest mass school closures in history. But today, more than a year since COVID-19 forced entire cohorts online, economies continue to flit in and out of lockdowns and schools are continuing to resort to remote or hybrid-learning arrangements.

What is the Digital Supply Chain?

The supply chain for any product has several moving parts. Each activity in the supply chain plays a role in the flow that begins with sourcing a product's raw materials and ends with delivering the finished goods to a customer. As with many other areas of modern business, digital technologies are redefining supply chains. With more technology comes increased cyber risks. This article explains digital supply chains along with their benefits and cybersecurity risks.

SOX Compliance: What Should You Expect?

After several large corporate accounting scandals in the early 2000s that led to investors losing billions of dollars, the US government passed the Sarbanes-Oxley Act of 2002. Commonly referred to as SOX, the bill established and expanded financial and auditing requirements for publicly traded companies in order to protect investors and the public from fraudulent accounting practices.

How Egnyte Uses Rate Limiting to Dynamically Scale

Egnyte stores, analyzes, organizes, and secures billions of files and petabytes of data from millions of users. On average, we observe more than a million API requests per minute. As we scale, we have to address challenges associated with balancing throughput for individual users and delivering exceptional quality of service. For example, some Egnyte hosted content that is publicly shared (via our share file and folder links feature) can suddenly go viral.

Devo Joins AWS ISV Workload Migration Program

Devo’s strong relationship with Amazon Web Services (AWS) recently expanded to include our participation in the AWS ISV Workload Migration Program. This is important to cloud developers, DevOps engineers, solution architects (particularly cloud SAs), and cybersecurity architects working at organizations ready to transition their data to the cloud.

Protecting your crypto wallet from hackers, thieves and bots

Over the past five years, blockchain technology has gone mainstream. More and more investors, businesses and opportunistic hobbyists are filling their cryptocurrency wallets with crypto assets like Bitcoin and Ethereum. In fact, the global user base of all cryptocurrencies increased by an estimated 190 percent between 2018 and 2020. There is undoubtedly money to be made, ushering newcomers into the world of blockchain.