Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Identity theft is the unauthorised use of someone else's personal information for financial gain, often leaving victims with significant financial and emotional consequences. In the UK, identity theft is a prevalent issue, with an estimated 85,000 cases reported in 2019 alone. The impact of identity theft can be devastating, leading to financial loss, damaged credit scores, and emotional distress for the victims.

The Federal Trade Commission or FTC, established in 1914, was put forth by then-president Woodrow Wilson to protect consumers, investors, and businesses from anti-competition or industry monopoly. Essentially this meant promoting competition and providing more opportunities for others to enter the market sector.

The process of protecting web API from attacks and ensuring only authorized access takes place is called API security. In the past six months attacks targeting APIs have increased by 400%. This has resulted in API security becoming a C-level discussion in many companies.

Legacy SOAR offers limited events processing. That’s just the way it was built. SOAR is a standard monolithic architecture in which the entire application is deployed as a single entity, which typically runs on a single server or cluster of services. This dramatically restricts SOAR’s processing capacity, and it’s time-consuming and costly to try and extend SOAR beyond these restrictive configurations – it typically would require an entire rebuild and redeploy to upscale.

As the holiday shopping season kicks in, many are eager to secure early bird discounts and offers, preparing for the festive season. The convenience and speed of mobile devices has led to a growing number of individuals opting for mobile payments, whether conducted online or through contactless systems. The global mobile payment revenue is expected to reach $12.06 trillion by 2027, and smartphone users are anticipated to surpass 7.7 billion by 2028.

Over sixty credit unions across the United States have been taken offline following a ransomware attack at one of their technology providers - demonstrating once again the damage that can be caused by a supply-chain attack. There are a few moving parts here, so here’s a quick summary: Trellance - A provider of solutions and services used by credit unions, and the parent company of FedComp. FedComp - a provider of software and services that enable credit unions to operate around the world.

Managing all aspects of the product development cycle is a crucial element of a profitable company. Most businesses understand that an efficient product lifecycle depends on the proper positioning and management of the Bills of Materials (BOM), be it for product designing and manufacturing or software development. Getting all the BOMs right is the essential first step toward achieving operational efficiency.

In the ever-evolving landscape of cyber threats, scammers and hackers are relentless in exploiting every avenue of communication. From emails to texts, calls to QR codes, malicious actors are finding new ways to compromise your privacy and security. One such emerging threat is the rise of QR code phishing attacks, a blend of QR codes and phishing designed to trick individuals into revealing sensitive information.

Now being commonly referred to as “Scama” – short for Scamming Method – these kits are being sold promoting highly advanced feature sets, turning the novice scammer into a pro. I’ve covered a number of Phishing-as-a-Service kits on this blog, but we’re seeing an evolution in both the kit features and how they’re being promoted on the dark web.

The global marketplace faces an increasingly destructive cyber risk landscape each year, and 2024 is set to confirm this trend. The cost of data breaches alone is expected to reach $5 trillion, a growth of 11 percent from 2023. As technology advances, attackers continue to develop new, more sophisticated methods for infiltrating systems and exploiting vulnerabilities. ‍ Amongst cyber experts, it is now widely acknowledged that the question of an attack is not ‘if’ but ‘when.’