Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The IT industry has seen an unshakable surge in malware attacks. According to SonicWall’s 2022 Cyber Threat Report, almost 2.8 billion malware attacks were detected in 2022. Approximately 30% of these malware attacks were carried out using emails containing malicious links and attachments. On June 10, 2022, one such malware, Dark Crystal, also known as DCRat, jolted Ukraine. It is a remote access Trojan (RAT) that has been receiving regular upgrades and new modules since 2018.

In a well-functioning network, each device communicates seamlessly with others, relying on unique IP addresses to maintain its identity and keep everything in sync. But what happens when this system breaks down, and two devices attempt to use the same address? IP conflicts are more common than you might think, causing unexpected disruptions that slow down or even halt network operations.

The faster an identity breach is detected, the faster an organization can take steps to reduce the impact of the data breach. Faster detection times and notifications to impacted staff and organizations can result in lower data breach recovery costs and help save a company’s reputation.

Security misconfigurations are a common and significant cybersecurity issue that can leave businesses vulnerable to data breaches. According to the latest data breach investigation report by IBM and the Ponemon Institute, the average cost of a breach has peaked at US$4.35 million. Many data breaches are caused by avoidable errors like security misconfiguration. By following the tips in this article, you could identify and address a security error that could save you millions of dollars in damages.

‍The Australian Prudential Regulation Authority (APRA) has introduced Prudential Standard CPS 230 to enhance the operational resilience of financial institutions and protect the broader financial system from disruptions. APRA CPS 230 details the crucial requirements for managing operational risks, ensuring business continuity, and overseeing third-party service providers.

Subdomain takeovers pose a significant and often overlooked threat to website security. In today's digital age, almost every business has a website to promote, inform, and provide resources to visitors. Websites that use multiple subdomains risk exposing themselves to cyberattacks. Subdomain takeovers can lead to data breaches and reputational damage. However, these risks can be minimized with the right strategies, and your organization can stay protected.

The Akira ransomware group has been active since March 2023, targeting diverse industries across North America, the UK, and Australia. Operating as a Ransomware-as-a-Service (RaaS) model, Akira employs a double-extortion strategy by stealing sensitive data before encrypting it. According to their leak site, the group claims to have compromised over 350 organizations.

The second UpGuard Summit of 2024 kicked off at the end of May, welcoming security professionals from APAC, EMEA, India, and the U.S. to discuss key developments and strategies across the cybersecurity industry. This quarter’s event focused on third-party risk management (TPRM), specifically how security teams can use automation to eliminate manual work and streamline critical TPRM workflows and processes.

We are delighted to announce that UpGuard has once again been recognized as the Leader in Third-Party and Supplier Risk Management Software by G2. The publication of G2's Summer 2024 report marks eight consecutive quarters were UpGuard was named a Category Leader. Established in 2012, G2 is a trusted resource for software reviews and customer feedback. It guides over 90 million users, including employees from all Fortune 500 companies, in making informed software choices.

The first Network and Information Systems (NIS) Directive, introduced in 2016, was a key regulation that enhanced the EU’s cybersecurity posture, laying the foundation for protecting critical infrastructure and essential services from cyber threats. However, as cyber threats have evolved, so too must the regulations that protect against them. Enter NIS2—an updated and more comprehensive directive designed to address the gaps and limitations of its predecessor.