In an era of escalating financial crimes, the spotlight shines brightly on the rising concerns in the realm of cybersecurity. According to a recent survey, a staggering 68% of UK risk experts anticipate a surge in financial crime risks over the next year. These apprehensions echo globally, with 69% of executives and risk professionals worldwide foreseeing an upswing in financial crime risks, predominantly fueled by cybersecurity threats and data breaches.

Businesses of all sizes are increasingly relying on APIs to connect with their customers, partners, and other systems. APIs, or application programming interfaces, are the building blocks of the modern web, and they allow businesses to share data and functionality in a secure and efficient way. Without APIs, businesses are limited in their ability to innovate and grow. They lack the ability to integrate with other systems, create new products and services, or reach new markets.

While the phrase sounds like the stuff of textbook jargon, the term "configuration drift" hides an extremely crucial caution. Configuration drift is important because it can lead to compliance drift. Compliance drift means that the state of compliance has changed as a result of a configuration that has been changed, which has caused your system to fall out of compliance.

The United States stands at a pivotal juncture for true digital and cyber security, with unlimited potential. The 2023 U.S. National Cybersecurity Strategy presents a fresh perspective on safeguarding digital territory—a perspective rooted in collaboration, innovation, and accountability.

The Confidentiality, Integrity and Availability (CIA) Triad is a crucial information security model that guides and assesses how an organization manages data during storage, transmission, and processing. Each component of the triad plays a vital role in maintaining information security: Although all components are equally essential, we were intrigued to ask cybersecurity professionals which attribute they consider the most important.

Serverless architecture has increased in recent years, and is anticipated to grow by nearly 25% over the next decade, According to one source, the serverless architecture market was worth over $9 billion in 2022, with its compound annual growth rate projected to increase. The market could be worth over $90 billion by 2032. This indicates the immense amount of potential that this industry carries, influenced by the increasing adoption of DevOps by organizations.

Security researchers have identified that a widespread LinkedIn malicious hacking campaign has seen many users locked out of their accounts worldwide. Some users who have had their access to their LinkedIn accounts blocked by the cybercriminals changing their passwords have been pressured into paying a ransom, according to a report from Cyberint, and threatened with permanent account deletion.

The past three months witnessed several notable changes impacting privacy obligations for businesses. Coming into the second quarter of 2023, the privacy space was poised for action. In the US, state lawmakers worked to push through comprehensive privacy legislation on an unprecedented scale, we saw a major focus on children's data and health data as areas of concern, and AI regulation took center stage as we examined the intersection of data privacy and AI growth.

According to the Cyber Security Skills in the UK Labour Market 2023 report released by the UK government, 50% of UK businesses face a fundamental cyber security skills gap, while 33% grapple with an advanced skills gap. This is just one of the challenges that the Chief Information Security Officer (CISO) must face. While these figures remain similar to 2022 and 2021, it's evident that there's still work to be done to bridge the expertise divide.

In cybersecurity, knowledge is everything. From APT intelligence to zero-day vulnerabilities, relevant and timely information can be the difference between a thwarted attack and a total disaster. With Business Email Compromise (BEC) attacks at their zenith, there has never been a better time for a comprehensive BEC report. As such, Fortra has released its 2023 BEC Trends, Targets, and Changes in Techniques Report.