Financial institutions lost $16.9 billion to account takeover and identity fraud in 2019 alone, and the shift to online financial services during the pandemic only exacerbated the problem. At the same time, the 60 percent jump in compliance costs and risk management spending since the 2008 financial crisis has left retail and corporate banks with little discretionary funding.
Service mesh technology emerged with the popularization of microservice architectures. Because service mesh facilitates the separation of networking from the business logic, it enables you to focus on your application’s core competency. Microservice applications are distributed over multiple servers, data centers, or continents, making them highly network dependent.
Detectify is helping tech organizations bring safer web products to market by providing crowdsourced, cloud-based, continuous web app security. Here’s a buyer’s guide on how you can get scaleable application security in 2021 and beyond. There are so many appsec tools out there with the same features. It’s hard to see value clearly amongst all the noise.
A selection of this week’s more interesting vulnerability disclosures and cyber security news. For a daily selection see our twitter feed at #ionCube24. While the sensitive security documents were reported as lost, the published reason as to why saying it is not know sounds rather suspicious. I fully expect this will be brushed under a bush somewhere – much like the documents.
With the constant rise of modern cyber threats, many businesses are aiming for zero-trust infrastructure to keep themselves and their customers safe. But a zero-trust environment, where only authorized people can access information and resources, is often more difficult to implement than anticipated. If security teams and network engineers cannot visualize the network and its possible traffic paths and behaviors, they can’t possibly secure the environment.
Scammers are increasingly resourceful when coming up with scam techniques. But they often rely on long-standing persuasion techniques for the scam to work. So, you may hear about a new scam that uses a novel narrative, but there is a good chance that the scam relies on proven scam techniques once the narrative is stripped away. These scam techniques often exploit our characteristics and heuristics, or things that make us human and fallible.
Users with privileged access to an organization’s systems and networks pose a special threat. External threat actors often target privileged accounts using phishing schemes and social engineering techniques, since gaining control over these credentials helps them move more freely inside the network. Moreover, people sometimes misuse their own privileged accounts; this type of cyberattack takes the longest to discover, according to the Verizon Data Breach Investigation Report.
For our latest expert interview on our blog, we’ve welcomed cybersecurity specialist Tom Kirkham to share his wealth of experience on the topic of cybersecurity. Tom is the founder and CEO of IronTech Security, a managed security service provider (MSSP) that focuses on educating and encouraging law firms, court systems, water utilities, and financial firms to establish a security-first environment with cybersecurity training programs for all workers to prevent successful attacks.
A scraper bot or web scraper is a bot trying to precure, aggregate and parse data, publicly available or otherwise, from an internet-enabled source. Not all web scrapers are bad bots. In fact, some are vital to business success. Good bot activity includes content scraping for display on aggregation sites or content scraping by affiliates to market your products and services. Malicious web scrapers on the other hand can have the opposite effect.
