Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The Growing Challenge of Fraud in Neobanking: Strategies for Protection (2024 Guide)

Neobanks, which operate exclusively online without traditional physical branch networks, are facing an increasingly challenging landscape due to a significant rise in fraud cases. In recent years, financial institutions have reported a marked increase in fraudulent activities, with the average cost of fraud for institutions with assets over $5 billion rising by 65% from $2.3 million in 2022 to $3.8 million in 2023.

CVE-2024-3400: Critical Vulnerability in GlobalProtect Feature of PAN-OS being Actively Exploited

On April 12, 2024, Palo Alto Networks published a security advisory detailing an actively exploited maximum severity vulnerability (CVE-2024-3400, CVSS: 10.0) affecting the GlobalProtect feature of PAN-OS. This vulnerability affects PAN-OS 10.2, PAN-OS 11.0, and PAN-OS 11.1 firewalls when configurations for both GlobalProtect gateway and device telemetry are enabled. An unauthenticated remote threat actor can exploit this vulnerability to execute arbitrary code with root privileges on the firewall.

CVE-2024-3400: Follow Up: Patches Released for Actively Exploited Critical Vulnerability in GlobalProtect Feature of PAN-OS

On April 14, 2024, Palo Alto Networks (PAN) released hotfixes to address the maximum severity (CVSS: 10) vulnerability, CVE-2024-3400, affecting the GlobalProtect Feature of PAN-OS. An unauthenticated remote threat actor can exploit this vulnerability to execute arbitrary code with root privileges on the firewall. Volexity identified CVE-2024-3400 as a zero-day vulnerability and found that the threat actor UTA0218 was implanting a custom Python backdoor on firewall devices.

Get to Know the 6 Stages of the Threat Intelligence Lifecycle

Cybersecurity teams are under immense pressure in 2024. They need to be more efficient than ever to stay ahead of evolving threats. This means embracing new technologies, strategies, and frameworks. One powerful tool in their arsenal is the threat intelligence lifecycle—a vital but challenging aspect of proactive cyber defense. Forward-thinking enterprises understand the value of a structured approach to threat intelligence.

The Lifecycle of a Digital File

In the digital world, every document, image, video, or program we create leaves a trail. Understanding the lifecycle of a file, from its creation to deletion, is crucial for various purposes, including data security, data recovery, and digital forensics. This article delves into the journey a file takes within a storage device, explaining its creation, storage, access, and potential deletion phases.

Zero Trust requires unified data

It’s vital to have a common understanding and shared context for complex technical topics. The previously adopted perimeter model of security has become outdated and inadequate. Zero Trust (ZT) is the current security model being designed and deployed across the US federal government. It’s important to point out that ZT is not a security solution itself. Instead, it’s a security methodology and framework that assumes threats exist both inside and outside of an environment.

[WARNING] FBI Issues Alert on Major Phishing Campaign That Impersonates US Toll Services

The FBI has issued an alert warning of a widespread SMS phishing (smishing) campaign targeting people in several US states with phony notices of unpaid tolls, BleepingComputer reports. The scammers are currently impersonating the Pennsylvania Turnpike Commission and E-ZPass services on the East Coast, but the FBI warns that the scam will likely expand to other states.