In the modern DevOps framework, the security has shifted to the left and Application Security Testing (AST) techniques like DAST have become even more important. The latest Forrester reports indicate that application weaknesses and software vulnerabilities are the most common attack methods, and businesses fall victim to ransomware every 11 seconds. Further, modern-day businesses are consistently grappling with fast-paced development and industry disruptions.
Our Data Privacy Services team collates the most interesting practical ramifications from implementing the new SCCs with our GDPR services customers. In our latest update of the Data Privacy Periodic Table , we included reference to the EU’s June 2021 release of substantially updated Standard Contractual Clauses (SCCs), triggered by 2020’s Schrems II ruling. The new, far more substantial SCCs have been largely welcomed.
As developers, we spend a lot of time in our IDEs writing new code, refactoring code, adding tests, fixing bugs and more. And in recent years, IDEs have become powerful tools, helping us developers with anything from interacting with HTTP requests to generally boosting our productivity. So you have to ask — what if we could also prevent security issues in our code before we ship it?
Ransomware is having a bit of a moment. Check Point revealed that ransomware attacks increased 102% globally in H1 2021 compared to the start of the previous year, with the number of corporate ransomware victims having doubled over that same period. Average ransom payments also grew 171% from $115,123 in 2019 to $312,493 a year later. But those weren’t the amounts originally demanded by attackers. Indeed, ransomware actors wanted an average of $847,344 from their victims in 2020.
In July of 2021, a new ransomware named BlackMatter emerged and was being advertised in web forums where the group was searching for compromised networks from companies with revenues of $100 million or more per year. Although they are not advertising as a Ransomware-as-a-Service (RaaS), the fact they are looking for “partners” is an indication that they are operating in this model.
The #LifeatTorq Team Spotlight is a Q&A series dedicated to the talented and generally kick-ass team that form the foundation of our growing company. Today we are spotlighting Kostya Ostrovsky , a Software Architect at Torq based in our Tel Aviv office. Kostya is one of the first employees at Torq.
Traditional and typical cyber security techniques usually fail to meet the security requirements of today’s corporate industries and businesses. As the digital world has revolutionized, so are cyber security threats and risks. It has become more difficult to rely on a single security solution or a single line of defence.
Threat modeling is increasing in importance as a way to plan security in advance. Instead of merely reacting to threats and incidents, an organization can identify and evaluate its security posture, relevant threats, and gaps in defenses that may allow attacks to succeed. Threat modeling has a two-way relationship with incident response.
Privilege escalation is the exploitation of a programming error, vulnerability, design flaw, configuration oversight or access control in an operating system or application to gain unauthorized access to resources that are usually restricted from the application or user. This results in the application or user having more privileges than intended by the developer or system administrator, allowing attackers to gain access to sensitive data, install malware and launch other cyber attacks.
