Modern businesses operate in a data-centric world, where every byte of information holds the potential to drive growth, innovation, and competitive advantage. But as our reliance on data deepens, so does our vulnerability. Cyberthreats are evolving at an alarming pace, natural disasters loom as ever-present risks, and the complexities of modern IT environments—from huge cloud infrastructures to containerized applications—demand a new approach to data protection.

One of the catchphrases of modern parenting is “little kids, little problems; big kids, big problems” – meaning that as kids grow, the scope of the challenges they face also typically intensifies. You could make a similar statement about cyber risk for financial institutions: Small companies tend to face smallish cybersecurity risks, while larger financial services businesses face bigger threats.

It’s no easy feat for a company to maintain security and enforce standardized policies across a fleet of devices.

As the fourth-largest economy worldwide, Japan stands as a pivotal center for various cutting-edge industries. This includes automotive, manufacturing, finance, and telecommunications, rendering its attack surface a prime target for cyber adversaries. Japan’s Western alliances and its territorial dispute with Russia, alongside support for Ukraine, heighten its cyber threat profile from state actors like China, Russia, and North Korea.

The two new vulnerabilities that the U.S. Cybersecurity & Infrastructure Security Agency (CISA) has added to its list of known exploited vulnerabilities (KEV) are both related to the privilege elevation of the Linux kernel.

Hackers recently claimed on a known cybercrime forum that they had stolen hundreds of millions of customer records from Santander Bank and Ticketmaster. It appears that hackers used credentials obtained through malware to target Snowflake accounts without MFA enabled. While it's easy to blame Snowflake for not enforcing MFA, Snowflake has a solid track record and features to protect customer data. However, errors and oversight can happen in any organization.