Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The next crypto bull run is coming. Bitcoin’s price is up 120% from this time last year, and previous Bitcoin halving events have resulted in growth across the entire digital asset ecosystem. Given this growth, the space is witnessing significant institutional interest and a push for secure, reliable blockchain platforms.

Arctic Wolf and SC Media surveyed an audience of more than 500 North American IT security professionals in the fall of 2023 and discovered that, among those who currently have cyber insurance policies, 47% of them have had coverage for 12 months or less. A significant increase among the insured reflects the kind of growth one might expect from an industry that has seen monumental change in just a few short years.

If you have been optimistically daydreaming that losses attributed to cybercrime might have reduced in the last year, it's time to wake up. The FBI's latest annual Internet Crime Complaint Center (IC3) report has just been published and makes for some grim reading. According to the IC3 report, online fraud hit record losses in 2023, with the American public reporting US $12.5 billion, a 22% increase from the year before. However, this only counts reported crimes to the FBI.

Artificial intelligence (AI) has revolutionised the field of cyber security, offering unparalleled advantages in detecting and preventing sophisticated cyber threats. From detecting anomalies in network behaviour to automating threat response, AI has become an indispensable tool for organisations looking to strengthen their defence against cyber-attacks.

Mobile applications, commonly referred to as mobile apps, are software programs designed to run on mobile devices such as smartphones and tablets. These apps can provide users with a wide range of functionalities, from social networking and entertainment to productivity and e-commerce. With the rapid growth of mobile technology in recent years, businesses have increasingly turned to mobile apps as a way to connect with their customers and streamline their operations.

A selection of this week’s more interesting vulnerability disclosures and cyber security news. Not quite a direct breach of the company, but still a high risk of a new round of card testers. See that a lot…

The Marvin Attack, named after the vulnerability it exploits, poses a significant threat to systems relying on RSA encryption and signing operations. It's a variation of the Bleichenbacher attack, which exploits errors in PKCS #1 v1.5 padding to perform adaptive-chosen ciphertext attacks. The attack leverages timing information obtained from RSA encryption or signing operations.

Read also: the US charges an Iranian hacker, over 50 mules involved in betting fraud arrested in Spain, and more.

In the ever-changing world of Kubernetes security, it’s crucial to stay ahead of threats while maintaining operational efficiency. That’s why we’re excited to introduce our latest feature: Auto-Generated Kubernetes Network Policy, based on application runtime behavior, powered by eBPF (extended Berkeley Packet Filter) technology. With this addition, organizations can easily apply native Kubernetes network rules without worrying about disrupting their production systems.

Bots cost the average business 4.3% of online revenues every year – or $85 million for the typical enterprise – so it’s critical that businesses invest in finding the right bot protection solution. If you’re coming up against resistance within your business when seeking to procure or upgrade your bot protection capabilities, this post will give you plenty of ideas for proving why better bot management is essential – in ways that matter to everyone in your organization.