One of the catchphrases of modern parenting is “little kids, little problems; big kids, big problems” – meaning that as kids grow, the scope of the challenges they face also typically intensifies. You could make a similar statement about cyber risk for financial institutions: Small companies tend to face smallish cybersecurity risks, while larger financial services businesses face bigger threats.

As the fourth-largest economy worldwide, Japan stands as a pivotal center for various cutting-edge industries. This includes automotive, manufacturing, finance, and telecommunications, rendering its attack surface a prime target for cyber adversaries. Japan’s Western alliances and its territorial dispute with Russia, alongside support for Ukraine, heighten its cyber threat profile from state actors like China, Russia, and North Korea.

If you’ve paid attention to recent cybersecurity trends, you know that monitoring your supply chain is important due to the surge in supply chain attacks. But who, exactly, is responsible for that monitoring? Traditionally, the answer has been GRC (Governance, Risk and Compliance) teams, who monitor supply chains to help protect organizations against third-party risks.

Predicting when a cyberattack will happen is a lot like forecasting the weather: It’s impossible to know with certainty exactly how events will play out. But with the right strategy and information, you may be able to predict cyberattacks before they start, or catch them in their beginning stages. We explain the early warning signs of each attack technique, as well as how to assess available data to determine how likely a cyber attack is to happen.

Insider threats pose a substantial risk, stemming from the potential misuse of access granted to employees, contractors, and third-party vendors. These threats, which can be both intentional and accidental, threaten the security of sensitive data and can significantly impact an organization’s financial stability, reputation, and operational efficiency.

In 2023, international law enforcement agencies intensified their efforts against ransomware, resulting in the decline of groups such as Hive, Ragnar Locker, and the collapse of ALPHV (BlackCat). These actions underscore the growing challenges faced by ransomware groups. The significant operation in February 2024 targeting LockBit, which included arrests and the seizure of data leak sites and servers, represents one of the largest law enforcement actions taken against a major ransomware operation.

Today, May 15, 2024, the FBI and DOJ, working alongside international partners like the NCA and New Zealand Police, have taken control of one of the major dark web forums, BreachForums. This action comes shortly after a significant data leak from the Europol portal surfaced on the forum.

First Publishied Nov 6th 2023 Updated May 9th 2024 Last seen on this month, 8Base is a ransomware collective that initiated its operations in April 2022. Despite its relatively short time in the cyber landscape, the group has swiftly garnered a reputation for its forceful strategies and the substantial volume of victims it has affected.

As with every year, the Verizon DBIR is released, with data involving more than 10,000 breaches that have been dissected and used to create the report’s baseline. Cyberint’s Research team inspected the document to understand where the cyber security realm is heading, the important trends in data breaches and incidents, and what we need to look for moving forward in 2024.

The UK, US, and Australia have revealed the identity of Dmitry Khoroshev, a Russian national and the leader of the once-notorious LockBit ransomware group, following an international disruption campaign led by the National Crime Agency (NCA).