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The Role of API Inventory in SBOM and Cyber Security

Creating a Software Bill of Materials (SBOM) is crucial to software supply chain security management. It helps fortify your software supply chain and reduces the likeliness of your software being exploited. But did you know there's a way to enhance your software's security further? Well, that's when API inventory comes into the picture. Including API inventory in your SBOM can make your software solution more resilient to cyberattacks.

Ransomware's Paradox: Why Falling Monetization Rates Are Accompanied by Soaring Ransom Payments - A Must-Read Analysis.

Grab a cup of coffee, and let's talk about something that's been making waves in the cybersecurity world: ransomware. You've probably heard about the alarming rise in ransom payments, but did you know that ransom monetization rates have actually fallen to a record low? It's a complex and evolving landscape, and we're here to break down the recent very interesting Coveware report for you.

Social Media Platforms Become Half of all Phishing Attack Targets

Social platforms are the current favorite target of cybercriminals, displacing financial institutions, providing cybercriminals with credentials to be used as launch points for further phishing campaigns. Most cyber attacks we read about seem to involve an organization that was attacked because it was perceived to have a lot of money that could be parted with via ransomware, extortion, digital fraud, etc.

Ransomware Attacks Surge as Generative AI Becomes a Commodity Tool in the Threat Actor's Arsenal

According to a new report, cybercriminals are making full use of AI to create more convincing phishing emails, generating malware, and more to increase the chances of ransomware attack success. I remember when the news of ChatGPT hit social media – it was everywhere. And, quickly, there were incredible amounts of content providing insight into how to make use of the AI tool to make money.

Cybercriminals May Already Have Hacked Your LinkedIn Account

New reports show many LinkedIn users have reported complaints about accounts being taken over by bad actors. In a statement from Cyberint researcher Coral Tayar, "Some have even been pressured into paying a ransom to regain control or faced with the permanent deletion of their accounts," The reported complaints are on other social media forum platforms such as Reddit, Microsoft, and X with several users expressing frustration due to the lack of response from their support team.

New Vulnerability in tree-kit: Prototype Pollution - CVE-2023-38894

The maintainers have already released an update fixing the issue. Versions before 0.7.5 are affected and thus vulnerable to Prototype Pollution. We strongly recommend that impacted users upgrade to the newer version that includes the fixes, i.e., version 0.7.5 and above.We have found a new Prototype Pollution vulnerability in the JavaScript package tree-kit in all versions before 0.7.5. The maintainer of tree-kit has released an update that fixed the issue on 21 July 2023.

2023 KuppingerCole Leadership Compass Report: Managed Detection & Response Services

KuppingerCole has named Kroll as an Overall Leader in its latest analysis of the Managed Detection & Response services market. The KuppingerCole Leadership Compass provides an overview of the market for managed detection and response (MDR) services that manage a collection of cybersecurity technologies to provide advanced cyber threat detection and response capabilities, including Security Operations Center as a Service (SOCaaS) offerings.

Introducing Cloudflare's 2023 phishing threats report

After shutting down a ‘phishing-as-a-service’ operation that impacted thousands of victims in 43 countries, INTERPOL recently noted, “Cyberattacks such as phishing may be borderless and virtual in nature, but their impact on victims is real and devastating.” Business email compromise (BEC), a type of malware-less attack that tricks recipients into transferring funds — for example — has cost victims worldwide more than $50 billion, according to the FBI.