Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Torq, the security automation leader, today announced 800% revenue growth and 10X customer growth in its second year of operation in 2022, and hitting the milestone of 1,000,000+ daily security automations. Torq also announced the Torq Advisory Board featuring global cybersecurity visionaries, and the appointment of Paulo Veloso, Vice President of Sales, Americas. Recently, Torq has also released critical industry-leading capabilities with the introduction of Parallel Execution and Torq Insights.

In the world of finance, digital onboarding is becoming increasingly important for neo banks. Neo banking refers to a new generation of digital-only banks that offer a wide range of financial services through mobile apps and online platforms. These banks are typically built on top of existing infrastructure, and they rely heavily on technology to provide a seamless and efficient customer experience. Digital onboarding is the process of registering for and opening a new account with a neo bank.

In recent months, news outlets have reported a surge in double extortion ransomware attacks by Black Basta, a notorious ransomware-as-a-service (RaaS) threat group first identified in early 2022. The actor is sophisticated, often utilizing a unique set of tactics, techniques and procedures (TTPs) to gain a foothold, spread laterally, exfiltrate data and drop ransomware. However, Kroll has observed Black Basta sometimes utilizing similar TTPs across multiple incidents.

It’s been splashed across headlines and popped up in social media statuses — organizations are evaluating budgets and laying off staff. These layoffs, which have hit departments like marketing and IT across a variety of industries, are more than anecdotal. Our global survey, which took responses from 920 decision makers at enterprises with more than 1,000 employees showed that there is a major shift happening in internal spending and hiring.

Attack surface management (ASM) is becoming increasingly important for businesses today. The attack surface is expanding and becoming more complex than ever before, driven by numerous factors, including the COVID-19 pandemic and resulting shift to remote work, widespread cloud adoption and the resulting growth of shadow IT, increased use of managed services (SaaS), and third-party vendor services.

There is a possibility that artificial intelligence (AI) will have a significant influence, in either a good or bad direction, on cybersecurity. On the plus side, artificial intelligence (AI) can be used to automate and improve many parts of cybersecurity. AI can find and stop threats, find strange behavior, and look at network traffic, among other things. This might be a game-changer for the industry.

If you aren’t careful online, you can become a victim of doxxing. However, you can protect yourself from being doxxed by checking your digital footprint, using a VPN and avoiding revealing any personal information online. Keep reading to learn more about the dangers of doxxing.

Companies are under more threat than ever. The rise in cyber threats is alarming: 2021 saw a 30% increase in cyberattacks compared with 2020. Even sophisticated systems with complex countermeasure technologies for security may be vulnerable to attack. Many organizations turn to hackers to counteract these threats. Ethical hackers use the tools and methods of malicious actors to help companies pinpoint their weaknesses and build a more resilient and secure system.

For a long time, security and development were two distinct aspects of programming. As organizations started to leverage software and technology as differentiating factors, the speed and quality of development became more important than ever. Organizations no longer had time after development was complete to address security vulnerabilities. Catching vulnerabilities too late opens companies up to unnecessary risk and can be costly to fix.

It was another eventful year for security professionals in 2022. The year began on the tail of the Log4j vulnerability, data breaches were on the rise, and ransomware attacks were as prevalent as ever. So it’s safe to say cyber resilience is required to be at the forefront for public sector leaders.