In the rapidly evolving world of cybersecurity, distinguishing between vulnerabilities, cyber threats, and cyber risks is not just a technicality—it's a necessity. As threats grow more sophisticated, the distinction between these concepts becomes crucial for businesses aiming to mature their security posture.
The new Microsoft security initiative update promises more sweeping changes. This move is also likely tied directly to the company's security woes and issues with cyber threats in 2023 and early 2024.
There’s a disturbing trend in boardrooms that’s leaving corporations completely exposed. CPOs and CIOs are sidelined, ignored and forgotten by the rest of the C-suite as executives believe that the battle between CPOs and hackers is removed from day-to-day business operations.
The security industry was hit by an increasing number of AI-powered cyberattacks in 2023, and that is not going to slow down in 2024. As these attacks evolve as AI infiltrates every aspect of business, here’s what security leaders should resolve to do this year amid AI threats.
NIST has released a guideline paper meant to give AI developers a bird's-eye view of potential cyber threats that may present during the development and early deployment of their models.
Octo Tempest has gradually stepped up from data theft, to data extortion, and now to ransomware as of this summer (becoming an affiliate of the ALPHV/BlackCat group). The cybercriminals are entirely financially motivated and nearly always leads with either a phishing email/message or a social engineering call. It also looks to execute SIM swap attacks.
During a M&A process, the scope of the organization’s attack surface is stretched to new limits. Every company, from Fortune 500s to smaller enterprises, has digital baggage that can dramatically increase potential security risks, from multiple generations of technologies, various IT stacks, and new and unknown risks in their environments.
Describing cyber threats as one of its primary challenges, the FBI is asking for an additional $64 million in 2024 to add 192 new positions and improve its cyber capabilities. Much of the budget request focuses on the looming threat that China poses.
As with most technological developments, there are two sides of the coin. ChatGPT may present businesses with a never-ending pool of opportunities, but the same resource can be exploited to help criminals infiltrate systems more effectively.
Cybercriminals aren’t just hacking for activism or for fun. They’re running their attacks like a business, targeting organisations to extort money – and they’re getting smarter at it. Don’t get complacent, don’t cut corners and shore yourself up against the people lurking in the cyber-shadows.