On June 25, 2024, Progress disclosed two vulnerabilities affecting MOVEit Transfer and MOVEit Gateway: CVE-2024-5805: A critical severity authentication bypass vulnerability affecting MOVEit Gateway (SFTP module). MOVEit Gateway is a proxy for MOVEit Transfer, designed to securely handle inbound connections when deployed behind a firewall.

As Chief Information Security Officers (CISOs), it's crucial to manage risks in a holistic and consolidated manner as the landscape of threats, particularly those targeting applications, continues to evolve and expand. With the increasing reliance on digital technologies, artificial intelligence (AI), and cloud-based services, the attack surface for potential cyber threats is growing and changing.

If you had to choose between regular cybersecurity training and simulated phishing testing, the data shows you should choose simulated phishing tests. When the security awareness training (SAT) industry started over a decade ago, there was some controversy about whether simulated phishing tests should be conducted. The idea of simulated phishing testing was relatively new and some people took them as not only unusual, but potentially unethical and unneeded.

As the 2024 Olympic Games in Paris approach, organizers are intensifying cybersecurity measures in response to warnings from experts and law enforcement agencies about a likely surge in cyberattacks. The Games, set to start on 26 July this year, are projected to sell over 13 million tickets and attract more than 15 million visitors to Paris, generating around 11 billion euros in economic activity.

The BBC recently reported that Booking.com is warning that AI is driving an explosion in travel scams. Up to 900% in their estimation - making it abundantly clear that while AI can be a force for good, it can also be a formidable weapon in the arsenal of cybercriminals. One of the most concerning trends we've observed is the increasing use of AI by cybercriminals to carry out sophisticated phishing attacks.

Last week I met with a Director of a European Bank. A question he asked me was "How much should we spend on Cyber Security"? As there is no one-size-fits-all answer to this question, I will try to break it down: Small Businesses (1-50 employees): Secure Your Startup/ SMB/ SME Medium Businesses (51-500 employees): Step Up Your Game Large Businesses (500+ employees): Go Big on Security Enterprise Level (5000+ employees): Fortify the Fortress Bonus Tips Practical Steps Invest in Cybersecurity.

As we pass the halfway mark of 2024, data breaches remain on the rise. Cybercriminals are finding more and more inventive ways to infiltrate organizations, exploiting vulnerabilities in networks, software, and human behavior. From phishing schemes and ransomware attacks to insider threats and supply chain compromises, the threat of cyber attacks continues. This is bad news, especially for certain industries. The consequences of these breaches extend far beyond financial losses.