Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

When it comes to applications and software, the key word is ‘more.’ Driven by the needs of a digital economy, businesses depend more and more on applications for everything from simplifying business operations to creating innovative new revenue opportunities. Cloud-native application development adds even more fuel to the fire. However, that word works both ways: Those applications are often more complex and use open-source code that contains more vulnerabilities than ever before.

Financial institutions, banks, accounting firms, credit unions, and hedge funds may struggle to stay compliant and protect themselves from cyberattacks’ rising frequency. While data security may be top of mind for financial organization teams, they can gain peace of mind and set themselves up for long-term growth by partnering with a managed cloud services provider.

In the world of risk management, risk is commonly defined as threat times vulnerability times consequence. The objective of risk management is to mitigate vulnerabilities to threats and the potential consequences, thereby reducing risk to an acceptable level. When applied to cybersecurity risk, this equation provides a great deal of insight on steps organizations can take to mitigate risk.

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.

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 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.

New analysis of the second quarter of this year makes it clear that individuals and organizations alike are at an increasing risk of web- and email-based scams.