Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

US charges three men with six million dollar business email compromise plot

Three Nigerian nationals face charges in a US federal court related to a business email compromise (BEC) scam that is said to have stolen more than US $6 million from victims. 29-year-old Kosi Goodness Simon-Ebo was extradited from Canada to the United States earlier this month, according to a Department of Justice press release, and will appear before a federal court on Friday. Two of Simon-Ebo's alleged conspirators, James Junior Aliyu, 28, and 31-year-old Henry Onyedikachi Echefu.

FTC accuses payments firm of knowingly assisting tech support scammers

Multinational payment processing firm Nexway has been rapped across the knuckles by the US authorities, who claim that the firm knowingly processed fraudulent credit card payments on behalf of tech support scammers. A Federal Trade Commission (FTC) complaint argues that Nexway and its subsidiaries broke the law by helping scammers cheat money from unsuspecting consumers.

Uplevel your supply chain risk management

We’ve entered Week #3 of National Supply Chain Integrity Month, an initiative that CISA and other government agencies started to highlight the importance of securing our nation’s most critical systems and ensuring they stay resilient. For Weeks #1 and #2, I wrote about maturing your third-party risk management program and securing the small business supply chain.

What is Fourth-Party Risk Management (FPRM)?

Fourth-party risk management is the process of identifying, assessing, and mitigating the cybersecurity risks posed by the vendors of your third-party vendors (your vendor’s vendors). With digital transformation compressing the boundaries between IT ecosystems, any of your vendors could be transformed from trusted suppliers to critical data breach attack vectors if they’re compromised.

SOAR is Dead. Why HYPERAUTOMATION is What's Next.

Today, Torq transformed security automation forever with the debut of the world’s first enterprise-grade security hyperautomation platform. Why does that matter? I’ll let Gartner explain. It says “Hyperautomation is a business-driven, disciplined approach that organizations use to rapidly identify, vet, and automate as many business and IT processes as possible.” Simply put, it’s the future of security automation, and we’re delivering on its promise, today.

Secure by default: recommendations from the CISA's newest guide, and how Cloudflare follows these principles to keep you secure

When you buy a new house, you shouldn’t have to worry that everyone in the city can unlock your front door with a universal key before you change the lock. You also shouldn’t have to walk around the house with a screwdriver and tighten the window locks and back door so that intruders can’t pry them open.

What is SOAR and how does it improve threat detection and remediation?

SOAR (Security Orchestration, Automation and Response) refers to the combination of three different technologies: security orchestration and automation, security incident response platforms (SIRP) and threat intelligence platforms (TIP). SOAR technologies allow organisations to collect and aggregate vast amounts of security data and alerts from a multitude of sources.

Guidance on network and data flow diagrams for PCI DSS compliance

This is the third blog in the series focused on PCI DSS, written by an AT&T Cybersecurity consultant. See the first blog relating to IAM and PCI DSS here. See the second blog on PCI DSS reporting details to ensure when contracting quarterly CDE tests here. PCI DSS requires that an “entity” have up to date cardholder data (CHD) flow and networking diagrams to show the networks that CHD travels over.

Unified vs API-Based Integrated XDR Platform: What's the difference?

The terms unified and integrated are often used interchangeably in the software world. However, security leaders must understand the differences between deeply unified and API-based integrated platforms within an organization and how they can significantly impact everything from cost to efficiency. First, it is essential to define the terms.