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UK Finance Reports Slight Decrease in FinTech Cyberattacks

Overview of UK Finance's Report The latest report from UK Finance paints a mixed picture of financial fraud in the United Kingdom, with losses exceeding £500 million in the first half of the year. However, amidst these concerning figures, there is a glimmer of hope as cyber fraud rates have shown a slight 2% decrease from the previous year. This...
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SMB Protocol Explained: Understanding its Security Risks and Best Practices

Server Message Block (SMB) protocol is a communication protocol that allows users to communicate with remote servers and computers, which they can open, share, edit files, and even share and utilize resources. With the expansion of telecommunications, this protocol has been a prime target for threat actors to gain unauthorized access to sensitive...
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Phishing Trends Examined by the SANS Institute

Earlier this year, the SANS Institute published a blog exploring emerging phishing trends. This kind of research is an invaluable resource for all individuals and organizations looking to identify and rebuff phishing attacks. In this article, we'll cover some of the key findings from that report. Changing Platforms Traditionally, phishing attacks...
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Change Variance: How Tiny Differences Can Impact Your IT World

In the vast and ever-evolving universe of information technology, there's one constant: change (that and cliches about constants!). Servers, systems, and software – they all get updated and modified. But, have you ever stopped to consider how even tiny differences between these digital entities can sometimes lead to unexpected challenges? In the...
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The Six Pillars of Cybersecurity

Winter is coming In the ever-evolving landscape of cloud computing, ensuring robust security measures has never been more important. In the new ISO 27001:2022 standard, there is a new requirement for organisations to establish control of their Cloud services, which includes every flavor of cloud from Software as a Service (SaaS) to Platform as a...
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Secure Access Control in 2024: 6 Trends to Watch Out For

What Is Secure Access Control? Secure access control, part of the broader field of user management, is a key concept in the realm of information security, particularly in the business environment. It refers to the process of selectively restricting and allowing access to a place or resource. In the context of information technology, it is a vital...
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Financial Institutions in New York Face Stricter Cybersecurity Rules

Boards of directors need to maintain an appropriate level of cyber expertise, incidents must be reported within 72 hours after determination, and all ransom payments made must be reported within a day. Those are just some of the changes made by The New York State Department of Financial Services to its Cybersecurity Requirements for Financial...
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VERT Threat Alert: November 2023 Patch Tuesday Analysis

Today’s VERT Alert addresses Microsoft’s November 2023 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-1082 on Wednesday, November 15th. In-The-Wild & Disclosed CVEs CVE-2023-36033 A vulnerability in the Microsoft Desktop Window Manager (DWM) could allow an attacker to gain SYSTEM level...
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How Does IoT Contribute to Real-Time Grid Monitoring for Enhanced Stability and Fault Detection?

More decision-makers are investing in grid modernization efforts, knowing that doing so is necessary for keeping pace with modern demands. For example, smart grid fault-detection sensors could warn utility company providers of problems in real time, preventing costly and inconvenient outages. Technologies like the Internet of Things (IoT) can also...
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Cloud Watching Report: Key Takeaways

The capabilities of cloud computing have changed the digital landscape significantly, and the popularity of cloud solutions only continues to increase. According to Gartner, the market for public cloud services is expected to surpass 700 billion USD by the end of 2024. The growth of cloud technologies presents a wealth of new opportunities for IT...
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A Simplified Overview of the MITRE ATT&CK Framework

In the world of cybersecurity, have you ever wondered about the inner workings of threat actors as they attempt to breach systems, their methods, tactics, and strategies, and how they seamlessly converge to execute a successful attack? It's not merely about initiating an attack but also the strategies they utilize to remain concealed within the...
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CherryBlos, the malware that steals cryptocurrency via your photos - what you need to know

What's the deal with CherryBlos? CherryBlos is a rather interesting family of Android malware that can plunder your cryptocurrency accounts - with a little help from your photos. Wait. I've heard of hackers stealing photos before, but what do you mean by malware stealing cryptocurrency via my photos? How does it do that? Well, imagine you have...
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Some Financial Institutions Must Report Breaches in 30 Days

The heat has just been turned up for companies hoping to “hide out” a data breach. Announced October 27th, all non-banking financial institutions are now required to report data breach incidents within 30 days. The amendment to the Safeguards Rule was made by the U.S. Federal Trade Commission (FTC). It will go into effect 180 days after publication...
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Key Highlights from the 2023 UK Cyber Crime Landscape

It’s 2023, and the landscape of cybercrime in the United Kingdom is evolving unprecedentedly. This year's cyber threat landscape is shaped by many factors, from the continuing effects of the global pandemic to the ever-expanding digital footprint of individuals and organizations. In this article, we delve into the key cybercrime statistics for 2023,...
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Looking Ahead: Highlights from ENISA's Foresight 2030 Report

One of the most important factors in the technology and cybersecurity industries is the inevitable presence of constant change. Technology, business, and industry are always evolving, while cybercriminals are always searching for new and innovative ways to attack. While there is no surefire way to account for future developments, some professionals...
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What We Learned From "The Cyber-Resilient CEO" Report

In today's digital landscape, cybersecurity is not just a technical concern; it's a strategic imperative. As we delve into the insights from a recent report from Accenture titled "The Cyber-Resilient CEO," we'll uncover CEOs' critical role in safeguarding their organizations against cyber threats. Discover how a select group of leaders navigates the...
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What is Classiscam Scam-as-a-Service?

"The 'Classiscam' scam-as-a-service operation has broadened its reach worldwide, targeting many more brands, countries, and industries, causing more significant financial damage than before,” touts Bleeping Computer. So just what is it? What is Classiscam? It’s a bird. It’s a plane. It’s - a pyramid? Classiscam is an enterprising criminal...
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Tripwire Patch Priority Index for October 2023

Tripwire's October 2023 Patch Priority Index (PPI) brings together important vulnerabilities for Microsoft. First on the patch priority is a patch for Microsoft Edge (Chromium-based) that resolves a type confusion vulnerability. Next on the patch priority list this month are patches for Microsoft Office that resolve 3 elevation of privilege...