Digital payment systems are quickly becoming the norm. The speed and convenience of apps like PayPal and Apple Pay have led businesses and consumers to move away from cash, but this efficiency comes at a cost. These digital platforms are also attractive to cybercriminals. Mitigating any vulnerability starts with understanding how threat actors target it. With that in mind, here’s how cybercriminals take advantage of digital payment systems, and what you can do to stay safe.

In the world of security, authentication, and authorization methodologies are foundational aspects of defense. Authentication techniques protect against unlawful entry to systems through the verification of a user, and authorization either grants or denies the verified user’s access level.

Passwords are the most widespread form of authentication on different platforms and systems. Still, companies and users often do not prioritize creating strong passwords and continue to opt for simple and very weak passwords in the eyes of cybercrime professionals.

The SMLS team enables Splunk customers to find obscure and buried threats in large amounts of data through expert analytics. This work is part of a set of machine learning detections built by a specialized team of security-focused data scientists working in concert with Splunk’s threat research teams to help Splunk customers sift through vast amounts of data to identify and alert users of suspicious content.

As web applications become more complex and interconnected, the security of these applications becomes increasingly important. In this article, we will discuss web application security, why it is crucial, and how you can test your web applications for security vulnerabilities. By taking measures to secure your website, you reduce the risk of cyberattacks, protect your data from unauthorized access, and save you and your business time and money.

The Gramm-Leach-Bliley Act (GLBA) applies to many types of financial institutions, like banks, savings and loans, credit unions, insurance companies and securities firms. It requires those organizations to explain their information-sharing practices to their customers and to protect sensitive data. On November 15, 2022, The FTC announced a six-month extension for companies to comply with data security provisions in the GLBA. The new deadline is June 9, 2023.

Patch management is an essential prerequisite for continuous cyber risk mitigation. But it’s not getting any easier. That makes finding the right security partner an essential task for any IT operations leader. But this too is fraught with difficulty in a market saturated with vendors. This is where independent market analysis can be invaluable.

Custom Damage Types provide users with the ability to add specific types of damages that will be taken into consideration as part of the modeling process when quantifying financial exposure. This means, organizations now have a unified view of costs that consider company specific data alongside out of the box modeled costs. Users will need to provide a range of possible costs and create a scenario that triggers assigned costs.

The rise in the frequency and intensity of cybercrime has seen many organizations turning to cyber insurance to help protect against the extent of financial losses following a cyberattack. While identifying and adopting a comprehensive cybersecurity strategy is crucial, even the most secure networks can still be exploited by adept hackers. According to reports, the global cyber insurance market is projected to grow from $11.9 billion in 2022 to $29.2 billion by 2027.

Security automation is an increasingly critical element in optimizing enterprise cybersecurity postures. Today, Torq announced its users are executing more than 1,000,000 daily security automations using our security automation platform – a major milestone that underlines the traction and importance of unifying today’s complex security stacks.