Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Open source code is everywhere, and it needs to be managed to mitigate security risks. Developers are tasked with creating engaging and reliable applications faster than ever. To achieve this, they rely heavily on open source code to quickly add functionality to their proprietary software. With open source code making up an estimated 60-80% of proprietary applications’ code bases, managing it has become critical to reducing an organization’s security risk.

Cybersecurity, privacy and data flows will be key topics at this year’s G7 in Japan. Against this backdrop, it has been a year since last year’s amendments to the Act on Protection of Personal Information (APPI) introduced revised data breach reporting and cross-border data flow rules. Meanwhile, developments in the Asia-Pacific (APAC) region have introduced data localization obligations in a variety of countries.

New data from the U.K.’s Office of National Statistics shows that this often overlooked scam has grown significantly in interest – likely because it pays off. If you’re not familiar with this kind of scam, it’s pretty simple: the scammer presents the victim with an opportunity for a grant, a prize – something of value – but requires a small payment up front (often called a processing fee, etc.).

As cyber attacks continue to grow in sophistication, frequency, cyber insurers are expecting their market to double in the next two years. I’ve spent a lot of time here on this blog educating you on attack specifics, industry trends, and the impacts felt by attacks. I’ve also talked quite a bit about cyber insurance and the trends therein. But seldom have we been able to combine the two and present the state of cyber attacks from an insurer’s perspective.

A phishing (by email) and smishing (by SMS text) operation in Madrid, Seville and Guadalajara has been taken down by the National Police of Spain.