Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Social Engineering Attacks Utilizing Generative AI Increase by 135%

New insights from cybersecurity artificial intelligence (AI) company Darktrace shows a 135% increase in novel social engineering attacks from Generative AI. This new form of social engineering that contributed to this increase is much more sophisticated in nature, using linguistics techniques with increased text volume, punctuation, and sentence length to trick their victim. We've recently covered ChatGPT scams and other various AI scams, but this attack proves to be very different.

Understanding OCR in Banking: Definition and Applications

OCR is the process of using technology to read characters from printed or handwritten text included inside digital images of actual documents, such scanned paper documents (optical character recognition). OCR’s primary function is to read a document’s text and convert the characters into code that may be used for data processing. Another name for optical character recognition is text recognition (OCR).

What You Need to Know About the Netskope Accelerator Package for Azure

Over its history Netskope has delivered many tools to integrate its various solutions and findings with Microsoft products. We have built multiple integrations with Azure Active Directory, Azure Sentinel, Azure Monitor, and Azure Blob and Compute. All of these are very helpful in unlocking base or advanced functionality to augment Microsoft solutions.

Types of Phishing Attacks

There are several types of phishing cyberattacks such as smishing, whaling and spear phishing. It’s important to understand the different types of phishing attacks there are so you’re able to spot them. Knowing the different types of phishing attacks can make all the difference in keeping your information protected. Continue reading to learn more about the different types of phishing attacks and how you can keep yourself safe from them.

5 Reasons the Healthcare Industry is Prone to Breaches

In 2022, the healthcare industry set a record no one will be eager to break. According to IBM’s 2022 Cost of a Data Breach report, the average cost of a breach in healthcare climbed to $10.1 million dollars, making it the industry with the highest average breach cost for 12 years running. Meanwhile, 57% of organizations are planning to increase their cybersecurity budgets in 2023.

NCB Management Services Hit By a Cyber Attack Exposing Data for 500,000 Consumers

NCB Management Services is a debt-buying company that acquires debt from other businesses and attempts to collect that debt. The organization works with many major companies, such as Bank of America, and it suffered from a serious data breach recently. Since NCB works with so many major companies, customers of those companies can be put at risk of data loss when their data is lost.

The Internet Has Changed

Over the last decade, the internet has undergone significant changes. While in the past the internet was primarily used for accessing information, in recent years it has become a connectivity tool, providing access to critical business SaaS and IaaS. These cloud-based services have enabled businesses to be more agile and flexible, supporting remote work and vastly improving collaboration with colleagues across the globe.

6 Ways To Use SecurityScorecard APIs and Integrations

Optimize your security workflows and deliver intelligence everywhere you work with the largest ecosystem of integrated technology partners in cyber risk ratings. SecurityScorecard provides Application Programming Interface (API) access for all our data allowing you to get more contextual security insights, app integrations, and detailed information about your current or prospective vendors. You can leverage our APIs and Integrations in the following ways.

Banks are leveraging modern cloud security tools to mitigate human error

The efficiency, security, and scalability of cloud operations are driving financial institutions’ adoption of the technology faster than ever before. The ability to meet customers where they want to transact, personalize solutions, and leverage new data and analytics solutions (including AI) on-demand is driving this growth. In fact, according to Accenture, the banking industry's workloads in the cloud more than doubled from 2021 to 2022.