Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

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obrela

The Cost of Complacency: Analyzing the Financial Impact of Cybersecurity Breaches

Jul 19, 2024 By Obrela In Obrela
In today’s digital landscape, the importance of robust cybersecurity measures cannot be overstated. Yet, despite the clear and present danger posed by cyber threats, many organizations still underinvest in cybersecurity, operating under a false sense of security. This complacency can be incredibly costly, as the financial ramifications of cybersecurity breaches are staggering.
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Arctic Wolf

The Top Cyber Attack Vectors Organizations Face

Jul 19, 2024 By Arctic Wolf In Arctic Wolf
Recent research by Arctic Wolf has revealed that, within the last 12 months, 48% of organizations identified evidence of a successful breach within their environment. As The State of Cybersecurity: 2024 Trends Report highlights, “To fully understand the gravity of this statistic, it is important to understand that, although 48% of these environments found evidence of a data breach, that does not inversely mean that 52% of organizations did not suffer a breach.”
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securitysenses

The Importance of Know Your Business (KYB) in the Fintech World

Jul 19, 2024 By SecuritySenses In SecuritySenses
In the dynamic and rapidly evolving fintech industry, regulatory compliance and risk management are crucial for maintaining trust and ensuring sustainability. One critical component of this regulatory framework is the Know Your Business (KYB) process. KYB involves verifying the legitimacy and credentials of business clients and partners, ensuring they are who they claim to be, and assessing their potential risks. In the fintech world, KYB is essential for mitigating fraud, ensuring compliance with regulations, and fostering a trustworthy ecosystem.
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securitysenses

What are Microsoft Power Apps, and What are their Use Cases?

Jul 19, 2024 By SecuritySenses In SecuritySenses
Microsoft Power Apps is a low-code application development platform that allows businesses to quickly build custom web and mobile apps for their organizations without writing code. Power Apps provides a graphical interface and drag-and-drop tools to design and connect apps to existing business data and systems.
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chaossearch

The Top 5 Security Logging Best Practices to Follow Now

Jul 18, 2024 By David Bunting In ChaosSearch
Security logging is a critical part of modern cybersecurity, providing the foundation for detecting, analyzing, and responding to potential threats. As highlighted by OWASP, security logging and monitoring failures can lead to undetected security breaches. With the average cost of a data breach adding up to $4.45 million, most organizations can’t afford to miss a security incident.
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idstrong

Pyramid Scheme: What Is it and How Does It Work?

Jul 18, 2024 By Steven In IDStrong
Pyramid schemes are one of the world's most well-known forms of financial fraud. For many years, they have victimized people who trust the promises of quickly making easy and significant profits. The frightening thing about these schemes is that they are built on a "business model" doomed to collapse. It is essential to understand what principles the pyramid operates in to be able to reveal and then avoid involvement in such a scam.
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mend

SAST - All About Static Application Security Testing

Jul 18, 2024 By AJ Starita In Mend
Updated on 07/18/2024 Static Application Security Testing (SAST) has been a central part of application security efforts for more than 15 years. According to the Crowdstrike 2024 State of Application Security Report, eight out of the top 10 data breaches of 2023 were related to application attack surfaces, so it’s safe to say that SAST will be in use for the foreseeable future.
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Forescout

Emerging IoT Wiper Malware: Kaden and New LOLFME Botnet Variants

Jul 18, 2024 By Forescout Research - Vedere Labs In Forescout
Wipers are malware that delete data on a device or make it inaccessible. They can be used for sabotage, to destroy evidence of an attack or simply to make a device unusable. IoT wipers often rewrite important parts of the firmware of an IoT device, rendering that device useless, so they are also known as “brickers”. Recent notorious examples of IoT wipers are AcidRain which was used by a Russian APT to brick satellite modems in Europe at the outset of the Russian invasion of Ukraine in 2022.
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