In recent times, the widespread use of cloud services has become common for most organizations. While many organizations now enjoy the savings and convenience afforded by hosting their data and services on cloud platforms, this shift towards the cloud brings with an increased vulnerability to data theft and cyberattacks.

On August 15, the Clop ransomware group announced on their leak website the breach of South Staffordshire Water, a privately owned UK water supply company. This attack is yet another example of ransomware gangs targeting critical infrastructure expecting to receive a big payout, which is reminiscent of hundreds of previous incidents, including the well-known Colonial Pipeline and JBS attacks.

The total global value of corporate mergers and acquisitions (M&A) reached $5.9 trillion in 2021. For 2022, the figure is expected to reach $4.7 trillion. This would make 2022 the second-best year on record for the M&A market after 2021. Clearly, robust M&A opportunities exist for companies looking to stimulate growth, increase market share, and influence supply chains. Despite those potential benefits, however, M&A deals are also fraught with serious risks.

Organizations should implement consistent cybersecurity practices to protect their businesses and employees. Password sharing is a common but risky practice in many workplaces that can leave companies vulnerable to a data breach. Sharing passwords is sometimes unavoidable in the workplace, since many businesses often need multiple employees to access a single user account.

The stronger your password is, the harder it will be for cybercriminals to it. It might be difficult to come up with secure passwords for the multiple logins required for online banking, credit cards, email accounts, social media and more. People establish easy-to-remember passwords that include their names, the names of their spouses and children, phone numbers, hometowns and other simple information.

No business can survive without data and tons of business data are churned daily. Of all data, intellectual property is at the heart of all business activities and the “Crown Jewels” of the organization. Therefore, to prevent information of an organization from being used for fraudulent activities, hacking, phishing, and identity theft it is important to protect the data.

The Relational Database Service (RDS) service offered by AWS is one of the most popular databases today. A lot of critical, confidential data resides inside of RDS. Hence it becomes imperative to protect this data from various threats and ensure that the data is secure. Our approach to protecting the data inside RDS is based on two aspects: Rubrik already supports a modern approach to safeguarding RDS data from an operational perspective and also maintains a clean, secure copy in a different region.

The sharing economy is a comparatively recent economic idea, yet it is fast increasing. It’s predicted to reach $335 billion by 2025. eBay was the first widely known sharing economy platform with online P2P buying and selling. After more than two decades of eBay, the sharing economy offers other solutions also, such as ride-sharing, crowdfunding, apartment sharing, and many others.

A selection of this week’s more interesting vulnerability disclosures and cyber security news. For a daily selection see our twitter feed at #ionCube24. Really? Are we really still having to tell people to set passwords at the very least for something publicly accessible? Looks like it. Oh dear.

Digital infrastructure is constantly evolving, forcing security professionals to strengthen security operations at an accelerated pace to mitigate risks. With that said, organizations increasingly realize how essential API security is to their information security strategy, and are evaluating solutions that are being touted as potential tools to secure APIs. Recently, eBPF (an evolution of Berkeley Packet Filter) has been a topic of discussion as a method for collecting data on APIs.