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August 26, 2022

Ransomware damages to exceed $30 billion by 2023

Acronis, a global provider of cyber security, has released its mid-year cyberthreats report, which was conducted by Acronis' Cyber Protection Operation Centers to provide an in-depth review of the cyber threat trends being tracked by the company's experts.
by News Desk | 3 min read
August 25, 2022

Financial services software has fewer security flaws than most industries

Veracode, a global provider of application security testing solutions, released data revealing that the financial services industry ranks among the best in terms of overall flaw percentage when compared to other industries, but has one of the lowest fix rates for software security flaws. The sector also ranks in the middle of the pack for high-severity flaws, with 18% of applications containing a serious vulnerability, with 18% of applications containing a serious vulnerability, implying that financial firms should prioritize identifying and remediating the flaws that matter the most.
by News Desk | 2 min read
August 22, 2022

Report shows crypto-criminal activity fell in 2022

Total cryptocurrency-related scam revenue for 2022 is currently $1.6 billion, 65% lower than it was through the end of July in 2021, and this decline appears to be linked to declining currency prices.
by News Desk | 2 min read
August 18, 2022

It’s back to school time, but are students prepared for cyberattacks?

Check Point® Software Technologies Ltd., a global provider of cybersecurity solutions, reminds students that the start of the school year is always a high priority for cybercriminals. Students spend a lot of time connected to the internet whether they are studying alone, taking online or face-to-face classes, and as a result, they are highly vulnerable to cyber threats such as bank fraud, credentials theft, ID theft, or social media account takeover.
by News Desk | 3 min read
August 10, 2022

Hive, LockBit and BlackCat gangs consecutively attack the same network

Sophos, a global provider of next-generation cybersecurity, announced in the Sophos X-Ops Active Adversary whitepaper, "Multiple Attackers: A Clear and Present Danger", that three prominent ransomware gangs, Hive, LockBit, and BlackCat, all attacked the same network at the same time.
by News Desk | 3 min read
August 10, 2022

Unauthenticated remote code execution vulnerability identified

The Trellix Threat Labs Vulnerability Research team has published research on an unauthenticated remote code execution vulnerability, CVE-2022-32548, that affects multiple routers manufactured by DrayTek, a Taiwanese company that manufactures Small Office and Home Office (SOHO) routers.
by News Desk | 2 min read
August 8, 2022

Qualys brings External Attack Surface Management to its cloud platform

Qualys, Inc., a provider of disruptive cloud-based IT, security, and compliance solutions, has announced the addition of External Attack Surface Management (EASM) capabilities to the Qualys Cloud Platform. The new component, which is integrated into CyberSecurity Asset Management 2.0, adds the external attacker view to identify previously unknown internet-facing assets for a complete and accurate picture of the enterprise attack surface.
by News Desk | 3 min read
August 5, 2022

Wiper malware and IoT botnets dominate H1 2022 threat landscape

Nozomi Networks Labs' latest OT/IoT security report finds wiper malware, IoT botnet activity, and the Russia/Ukraine war impacted the threat landscape in the first half of 2022. “This year’s cyber threat landscape is complex,” said Roya Gordon, Nozomi Networks OT/IoT Security Research Evangelist.
by News Desk | 2 min read
July 28, 2022

Cloud risk management made easy with Fortinet

Fortinet, a global provider of broad, integrated, and automated cybersecurity solutions, has announced FortiCNP, a new built-in-the-cloud offering that correlates security findings from across an organization's cloud footprint to facilitate friction-free cloud security operations
by News Desk | 3 min read
July 27, 2022

Security strategy is ‘In the Doldrums’ for UAE and Saudi IT security decision-makers

Respondents from the UAE and KSA are more skeptical of their security strategies than respondents from other countries, with more than half (53 percent) believing their overall security strategy is 'in the doldrums'.
by News Desk | 3 min read