All information is an attractive target for bad actors, but some is inherently more valuable than others. State-sponsored and hacktivist attacks constantly probe enterprise networks seeking to identify the location of sensitive information. Attackers historically targeted core enterprise systems but as the defenses for those systems have matured, attackers now target the same information but in less secured unstructured (broadly speaking, file and email based) repositories.
As per the news reports published MTN’s Mobile Money Bank suffers N22B Fraud, Drags 18 Banks to court for recovery The newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) a banking subsidiary of MTN Communications Limited has in less than a month operation suffered a massive fraud worth over N22 billion on its network. The suspicious transfers were due to the fact that the MoMo PSB suffered system exploitation which led to the said debits.
Ransomware attacks continue to plague organizations globally regardless of their size. In a press release by the NCC group that preceded the Annual Threat Monitor Report 2021 published for the year 2021, there were an estimated 2,690 ransomware attacks, a 92.7% increase from 2020s figures of 1,389. The increase of ransomware attacks builds upon the general gradual rise in cyber-attacks in the wake of the COVID-19 pandemic. Ransomware accounted for roughly 65.4% of global cyber incidents in 2021.
GitOps is arguably the hottest trend in software development today. It is a new work model that is widely adopted due to its simplicity and the strong benefits it provides for development pipelines in terms of resilience, predictability, and auditability. Another important aspect of GitOps is that it makes security easier, especially in complex cloud and containerized environments.
Keeping your sales and security teams in sync on the progress of security questionnaires can be painful. Frustration due to lack of transparency can occur, which tends to add friction to the sales process. This is because answering a security questionnaire and going through security reviews is a team sport, and sales people always want to know the latest status.
Eric Jeffery, AlgoSec’s regional solutions engineer, gives his view on the pivotal role of AppSec network engineers and how they can positively impact the business.
Mobile forensics is recovering digital evidence from mobile devices using accepted methods. A lot of information can be discovered by analyzing a criminal’s phone. That’s why mobile forensics and digital forensics as a whole are becoming valuable assets for law enforcement and intelligence agencies worldwide. In 2021, there were 15 billion operating mobile devices worldwide. That’s nearly two per person. The amount of data stored across these devices is astounding.
