Technology companies love abbreviations and acronyms. Starting with what’s probably the original tech company, International Business Machines (better known as IBM), initials, abbreviations and acronyms continue to dominate the personal computer (PC), telecommunications (telco), security operations (SecOps), and many other tech industries.
Netacea recently surveyed 440 businesses from across the USA and UK to understand how much financial impact bot attacks are having across different industries. Read the full results in our report: The Bot Management Review: What Are Bots Costing Your Business?
Security analysts know this situation well: inundated by alerts, alternating between 10 different security tools, and feeling the pressure of responding to each and every threat. It’s typically around this point that SOC teams realize it’s humanly impossible to process the amount of data that needs to be processed, and they should start looking for a solution. Gretchen White, Chief Information Security Officer at Minnesota Judicial Courts, experienced this firsthand.
Nearly 80 per cent of all ransomware attacks in the first half of 2021 involved the threat of leaking exfiltrated data. Exfiltration is a popular pressure tactic as it introduces the threat to publish stolen sensitive data to a threat actor extortion website if a ransom payment is not received. Our team currently tracks over 40 threat actor extortion websites, with new sites belonging to new ransomware groups emerging each week.
This is a story of an emperor who wanted to protect people and grow his empire. Once he had to face the biggest battle. He conquered the battle through back door intelligence of the enemy. With a risk-based approach he was able to predict the actions of the enemy. This made him invincible. In today’s world, CISO organization faces the same battle but against the cyber war and are therefore are under constant pressure to protect organization.