The ransomware industry has been a prominent player this quarter, causing significant impact and affecting numerous organizations globally. With its widespread threat, the industry has successfully claimed 1386 victims. The industry is feeling increasingly impacted by ransomware as many critical vulnerabilities were discovered this quarter. Additionally, the emergence of new groups, both from the end of 2022 and during this quarter, has contributed to the industry’s growth.

IIS server, Microsoft’s Windows web server is one of the most used web server platforms on the internet. IIS 10 hardening according to the IIS CIS benchmarks is essential for preventing cyber-attacks and achieving CIS compliance. Common breaches happen by using IIS unsecured server protocols and configurations, such as SMB and TLS/SSL. The IIS default configurations is not recommended to use and should be changed to meet the IIS CIS benchmarks requirements.

Over the following years, the costs associated with cybercrime, projected at $10.5 trillion annually by 2025, will exceed the estimated worldwide cybersecurity spending—$267.3 billion annually by 2026. Leadership needs to change its perspective on managing cyber risks instead of just spending more money to match the losses incurred.

Jackson National Life Insurance is based in Lansing, Michigan, and was founded in 1961. This insurance and annuities company offers retail brokerage services and offers asset management services to its customers. Nearly 3,000 people are employed by the company, and it has an annual revenue of $14.4 billion. This large-scale insurance company is just one of the many recent organizations to be hurt by the MOVEit file transfer service breaches.

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Twenty-five percent: Any idea what this percentage is referring to? Let’s take some wild guesses: A five-year CAGR of your investments? Your yearly salary hike? If any of your guesses were remotely close to these happy responses, we’re sorry to break your heart! This percentage depicts the rise in the number of identified vulnerabilities in 2022 over the previous year. 2022 saw an alarming spike of 25% in identified vulnerabilities, the count rising to 25,227 from 20,171 previously.

Privileged Access Management (PAM) plays a critical role in ensuring the security and integrity of organizational systems and data. The traditional approach to access management, known as Role-Based Access Control (RBAC), has faced challenges in keeping up with the dynamic nature of modern organizations. As businesses evolve and employees require timely access to resources, it becomes crucial to rethink access management strategies.

The Better Business Bureau (BBB) has warned of a scam in which attackers pose as process servers in order to steal information and commit identity theft. “You receive a call from an unknown or blocked number from a person claiming to be a process server,” the Bureau says. “They might say there is a lien on your home or someone is taking you to court over unpaid medical bills.