Imperium Markets has completed Australia’s first atomic settlement, or the instantaneous swapping of an asset for payment, with the eAUD – issued as central bank digital currency by the Reserve Bank of Australia. Utilizing Fireblocks’ battle-tested tokenization technology, Imperium Markets’ pilot saw two major banks – Westpac and Commonwealth Bank – successfully issue and invest in certificates of deposit.
Today’s discussions on AI are often affected by emotions like fear and awe, as well as the fact that AI is reduced to large language models (LLM) — but this isn’t the entire story. So, let’s step back from these fears and dig into the data explaining why AI is richer than LLMs.
Staying one step ahead of cybercriminals is absolutely vital in today’s threat landscape. That's why we're thrilled to introduce PhishER Plus, a revolutionary product from KnowBe4 that takes your anti-phishing defense to a whole new level. Phishing attacks remain the top cyberthreat out there. It's tough to keep up with the ever-evolving techniques of bad actors.
As traditional phishing attack attachment types like Office documents dwindle in use, threat actors look for new effective ways to use email as a delivery medium to launch an attack. We’ve seen email attachments being used in cyberattacks for decades now, so it shouldn’t come as a surprise to anyone working in an office that a strange attachment type may be malicious. And yet, this trend continues, despite threat actors changing which types of attachments to use.
Seeking very large paydays, Vendor Email Compromise (VEC) threat actors are finding out what works and repurposing their content and processes to increase chances of seeing a massive payout. VEC is a form of Business Email Compromise (BEC) where an email account isn’t just impersonated (e.g., using someone’s name, a lookalike domain, etc.) but actually compromising credentials and taking over an account of someone within an organization.
2023 is a year of “digital forest fires.” The MOVEit and the Barracuda Networks’ email supply chain attacks underscore the massive butterfly effect a single software flaw can have on the threat landscape. Supply chain attacks spread like a forest fire. Once cybercriminals compromise widely used software, attackers gain access to potentially all organizations that use that software.
A recap of Q2 from Cisco Talos’ incident response services provides insight into exactly what kinds of attacks are being seen in the field, and what kinds of attacks you need to be protecting against. While I love covering industry reports here, I also love to see practical experiences from the field summarized into trends. And that’s exactly what we find with Cisco Talos Incident Response’s Incident Response trends Q2 2023 recap.
