Historically, cyber-attacks were labor-intensive, meticulously planned, and needed extensive manual research. However, with the advent of AI, threat actors have harnessed their capabilities to orchestrate attacks with exceptional efficiency and potency. This technological shift enables them to execute more sophisticated, harder-to-detect attacks at scale.

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.

In 2024, transformation is reshaping industries, and the financial sector stands at a crucial juncture. The Softcat Business Tech Priorities Report, a comprehensive survey encompassing over 4,000 customers across various sectors, sheds light on this transformation. Significantly, cybersecurity has emerged as the paramount concern for financial institutions for the second consecutive year.

In the intricate realm of cybersecurity, the relentless surge of cyber threats demands a constant reassessment of defensive strategies. Amidst this dynamic landscape, a subtle yet indispensable player takes center stage — Security Configuration Management (SCM). This blog embarks on an insightful journey into the critical role played by SCM in the ongoing battle against cyberattacks, shedding light on its ability to pinpoint and rectify system misconfigurations.

In today's expanding cyber threat landscape, infiltrating a system goes beyond unauthorized access or malware installation. To achieve their ultimate objectives, cybercriminals need to maintain an undetected presence in the system or network to control or extract data according to their needs. Command and Control attacks, also known as C&C or C2 attacks, create a covert link between the compromised system and a C2 server.

The financial services sector faces unprecedented cybersecurity challenges in today's digital age. With the industry being a prime target for cybercriminals, understanding and adhering to cybersecurity regulations has never been more crucial. This article delves into the labyrinth of cybersecurity regulations affecting financial services, underscoring their significance in safeguarding sensitive data and maintaining robust cyber defenses.

The US government warned healthcare organizations about the risk of being targeted by the ALPHV BlackCat ransomware after a surge in attacks.

Cybersecurity is a pressing topic of concern for most organizations today, as any amount of sensitive data or digital assets can present a security risk. Understanding the digital landscape, threat trends, and the way they change over time is an essential step in defending against cyberattacks. It can be daunting for any organization to stay in the loop and maintain perspective on cyberthreats and security practices.

What is the greatest cyber risk in the world right now? Ransomware? Business Email Compromise? Maybe AI? Well, the last one is pretty close. According to the World Economic Forum, misinformation and disinformation are the most severe global risks of the next two years. In their Global Risks Report 2024, the WEF posited that the post-pandemic world is at a "turning point," with the two key problems possessing the power to do everything, from challenging mental health to eroding human rights.