Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Launched in September 2019 and formerly known as 'ABCD', LockBit is a ransomware-as-a-service (RaaS) threat that was updated in June 2021 and improved on the group’s earlier claims of having the fastest encryption process on the ransomware scene (Figure 1). Much like other RaaS offerings, LockBit operates an affiliate profit sharing program in which up-to eighty percent of a ransom payment can be earned whilst the operators claim the remainder.

Today’s enterprise operations involve the coordination of several different digital ecosystems but none quite so inflamed as the cybersecurity ecosystem. Technology has been evolving at a rapid pace, and attackers are armed with advanced tactics to steal data and expose secure information. In response, cybersecurity teams deploy numerous tools and solutions to prevent and mitigate these attacks.

A selection of this week’s more interesting vulnerability disclosures and cyber security news. For a daily selection see our twitter feed at #ionCube24 . Yet another crypto exchange falls. How much do you trust yours?

The supply chain for any product has several moving parts. Each activity in the supply chain plays a role in the flow that begins with sourcing a product's raw materials and ends with delivering the finished goods to a customer. As with many other areas of modern business, digital technologies are redefining supply chains. With more technology comes increased cyber risks. This article explains digital supply chains along with their benefits and cybersecurity risks.