Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Using SaaS for your business? Great! But are you sure your data is safe? Cloud services like SaaS are undoubtedly everywhere! We use them for emails, sales, marketing, and other things. The 2021 study says approximately 90% of businesses, or let’s say 9 out of 10 organizations, are utilizing Software-as-a-service (SaaS) and finding it incredibly beneficial. From cost reductions to faster time-to-market, SaaS services help organizations fulfill their primary objectives.

A single account being phished caused millions of French healthcare policyholder records to be breached. I’ve said it before… it only takes one phish. And in the case of French payment processor, Malakoff Humanis, a single click enabled a cyber attack was the catalyst for a data breach that occurred earlier this month, according to their post on LinkedIn (press See Translation for a localized version of the post).

Thirty percent of all cyber incidents in 2023 involved abuse of valid credentials, according to IBM X-Force’s latest Threat Intelligence Index. This represents a seventy-one percent increase compared to 2022. “One of the top initial access vectors in 2023—jumping from third to first place— was the abuse of valid accounts identified in 30% of the observed incidents X-Force responded to,” the researchers write.

Venturebeat had the scoop on a fresh Group-IB report. They discovered the first banking trojan that steals people’s faces. Unsuspecting users are tricked into giving up personal IDs and phone numbers and are prompted to perform face scans. These images are then swapped out with AI-generated deepfakes that can easily bypass security checkpoints.

ConnectWise urges organizations using an on-premises installation of the ScreenConnect remote monitoring and management software (formerly known as ConnectWise Control) to update servers to version 23.9.8 immediately due to a critical remote code execution vulnerability. The ScreenConnect remote desktop product is at risk due to a pair of vulnerabilities: CVE-2024-1709 and CVE-2024-1708.

10 minutes to pain. When it comes to cloud security, 10 minutes or less is what bad actors need to execute an attack. Does it mean your business could be at risk if you fail to detect and respond to an attack in less than 10 minutes? Absolutely yes. With more and more sophisticated security attacks actively occurring nowadays, security teams need to hold themselves to a modernized benchmark.