Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Implementing a Privileged Access Management (PAM) solution can solve challenges like uncontrolled access to privileged accounts, insider threats, secret sprawl and lack of secure remote access. According to a recent EMA Research Report, 54% of organizations indicated they have granted privileged access on business systems to users who are not direct employees.

According to Cobalt, the cost of cyber attacks is rising, with costs predicted to reach $15.63 trillion by 2029. This highlights the growing need for Privileged Access Management (PAM). Without a PAM solution, organizations face significant security and operational risks, including increased vulnerability to data breaches, insider threats, compliance failures and costly errors. Privileged accounts are prime targets for threat actors due to their elevated permissions and access to sensitive data.

In 2025, cyber threats are evolving faster than ever—and so must your approach to data breach prevention. With the average cost of a breach now exceeding $4.5 million, organizations need more than antivirus software and firewalls. They need proactive, layered strategies that encompass technology, people, and policy.

Welcome to the Threat Context Monthly blog series where we provide a comprehensive roundup of the most relevant cybersecurity news and threat information from KrakenLabs, Outpost24’s cyber threat intelligence team. Here’s what you need to know from May about Scattered Spider, Lumma Stealer and more.

With the increasingly globalized world comes the challenge of a formidable opponent for the U.S. government: international networks of frauds. These organizations exploit vulnerabilities in federal systems and rob billions of tax dollars annually through identity theft and synthetic fraud. The effects are rooted and don't only reach the national economy but extend to people's faith in public institutions. The Magnitude of the Issue: Sheer Fiscal Losses.

In the evolving threat of cyber in our age, wherein it is advancing at a rate never experienced, cybersecurity testing has emerged as the keystone of sound digital defense. Those carefree days of simple traditional security "getting the job done" are over; mimicking strategies that trigger are essential to find vulnerabilities before the malicious users can exploit them.

Interlock is a relatively new strain of ransomware, that first emerged in late 2024. Unlike many other ransomware families it not only targets Windows PCs, but also systems running FreeBSD. If you are impacted, you will find that your files have not only been encrypted but have also had ".interlock" appended to their filenames. For example, a file named report.xlsx would become report.xlsx.interlock, visibly signaling that it has been encrypted by Interlock.

API specifications are no longer just tools for developers; they are also essential for businesses. In today’s hyperconnected enterprise, they serve as strategic assets that define how digital ecosystems interact, share data, and enforce security protocols. Yet, most C-suite leaders underestimate their influence on risk posture, regulatory compliance, and operational resilience. That needs to change.

Network APIs have quietly evolved from backend enablers to frontline security and business risk vectors. While traditionally viewed as infrastructure tools, they significantly influence enterprise agility, availability, and threat surface. For CISOs and CFOs navigating the complexities of digital transformation and cyber risk governance, the security of these APIs is no longer optional—it is foundational.

Organizations today rely on an increasing number of applications installed on enterprise devices just to “keep the lights on” and business functioning. Being able to immediately access emails, files, communications, and web conferencing tools has never been more critical with the rise of remote and hybrid work.