People these days use mobile apps for everything from ordering groceries and medicines to paying loan EMIs and sending or receiving money. While it sounds convenient, users' private info, such as email, home address, bank details, etc., is always at risk of being stolen. Therefore, it becomes the duty of app development companies to take up stringent measures to ensure complete security for their users. And that's when penetration testing comes into the picture.
Executive reporting in cybersecurity is important because it keeps business leaders and stakeholders informed about the progress of cybersecurity initiatives, allowing them to track cybersecurity alignment against overarching company goals.
Cyberattacks are growing in prevalence and sophistication, and so are the damage costs associated with these events. According to a 2022 cost of data breach report, the average damage cost of a data breach has reached a record high of USD 4.35 million. Provoked by increased data breach damage costs, a growing number of US businesses are partnering with Cybersecurity Insurers, who, in turn, respond to this increased demand by inflating cyber insurance premiums.
User account credentials are both a necessary component of normal operations and a critical vector for a malicious actor’s entrance into an enterprise environment. Compensating for the inherent risk of granting the end user access to corporate systems is a challenge in balancing usability with security. When a user with low-level privileges can have their credentials abused to gain increased levels of access, superior solutions to standard username-and-password schemes become necessary.
When most people think about the origin of a cyberattack, the image is that of a hacker using some kind of exploit against software or hardware in order to gain unauthorized access to systems. The hacker is seeking data to exfiltrate and monetize, either through re-sale on the darknet or extortion through ransomware.
When the American heist comedy Ocean’s Eleven was released on Friday, December 7, 2001, it topped the box-office draw for that weekend. The story follows two friends who plan to steal $160 million from three major casinos in Las Vegas. Entertainment Weekly called it “the most winning robbery sequence of the decade”.
