Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

What Data Breaches Tell Us: An Analysis of 17,000 U.S. Data Breaches

Data breach attacks are serious problems for companies, organizations and institutions all over the world. For example, in the US one data breach costs on average 9.4 Million USD, which is the highest worldwide. To handle—or ideally, prevent—these attacks, we need to understand first the “why” and “how” of an attack. With this objective in mind, Bitsight analyzed more than 17,000 data breach events from the last seven years affecting 23 sectors in the US.

Record ¥3 bil stolen via phishing in Japan in 1st half of 2023

A record 2,322 scams in Japan to steal internet banking IDs and passwords have resulted in unauthorized money transfers totaling a record of around 3 billion yen ($21 million) in the first half of this year, a report by the National Police Agency showed Tuesday. The number of cases mainly involving phishing this year has already surpassed the annual total of any previous year, with the financial loss approaching the record high of 3.07 billion yen set in 2015, according to the agency.

New PCI Password Requirements Could Be the Impetus for Credential Harvesting Scams

As the retirement countdown for the current version of PCI is now less than six months, a new standard for password length, complexity, and change frequency may create some risk. Valid credentials have become a very hot item, as threat actors realize the low risk and high value of simply becoming an Initial Access Broker (rather than performing an entire cyber attack themselves).

Wordfence Becomes the Latest Brand to be Impersonated Putting 800 Million Sites at Risk

With its wide use and trusted state among Wordpress developers and website admins, a new campaign impersonating the website security brand could put hundreds of millions of websites at risk. Today, it's estimated there are over 810 million websites that run on Wordpress. One of Wordpress’ most used plugins is Wordfence – a security platform made specifically for the website platform.

The Risks of AI-Generated Code

AI is fundamentally transforming how we write, test and deploy code. However, AI is not a new phenomenon, as the term was first coined in the 1950s. With the more recent release of ChatGPT, generative AI has taken a huge step forward in delivering this technology to the masses. Especially for development teams, this has enormous potential. Today, AI represents the biggest change since the adoption of cloud computing. However, using it to create code comes with its own risks.

BitForge: Fireblocks researchers uncover vulnerabilities in over 15 major wallet providers

The Fireblocks cryptography research team has uncovered BitForge – a series of zero-day vulnerabilities in some of the most widely adopted implementations of multi-party computation (MPC) protocols, including GG-18, GG-20, and Lindell17.