News

SQR, a leading provider of digital identity solutions, has won a major contract with the Isle of Man Government. The fast-growing Isle of Man based firm has been selected in partnership with software development and digital transformation experts, PDMS, to provide an independent digital identity verification solution for the Isle of Man’s Central Registry. This will be used to seamlessly verify the identity of company beneficial owners. In line with its commitment to maintain the...

The never-ending fragmentation of IT, driven by the rapid and constant evolution of Legal Tech, is causing huge cyber defence issues for UK legal firms, according to a new report from Managed Threat Detection & Response Provider, e2e-assure. The complexity in defence is exacerbated by the rise of the “citizen developer” in the legal sector, where technology is being put in the hands of those who feel the pressure to prioritise task optimisation and business...

Despite the growing implementation of security awareness training, recent research indicates that over half of cybersecurity professionals are concerned about security behaviours within their organisations. Key Findings from the Survey A survey conducted by ThinkCyber has revealed significant insights into attitudes towards security awareness training. Participants were asked to identify the security behaviours that posed the most concern in their organisations. The top issues were: Clicking on links in emails (53%) Sharing corporate data outside...

Experts predict cybercrime costs will reach $10.5 trillion by 2025, and organizations of all sizes continue to see the business case for investing in robust IT security. Many are adopting multi-factor authentication (MFA) to verify user identity and secure system access. Of course, part of planning a smooth MFA deployment is accurately budgeting the total cost of MFA implementation. But MFA solutions use different pricing models, and hidden expenses make it challenging to compare total...

SandboxAQ has announced its membership in the FIDO Alliance, an open industry consortium focused on minimizing the world's dependence on passwords—a prevalent source of security and usability problems. By joining forces with prominent FIDO Alliance members such as Amazon, Apple, Google, Intel, Microsoft, RSA, VISA, Yubico, and others, SandboxAQ aims to enhance and advance the FIDO2 protocol. At SandboxAQ, we recognize the intrinsic connection between Modern Cryptography Management and contemporary user authentication protocols like FIDO....

With July being Ransomware awareness month, KnowBe4 has released a ransomware resource toolkit at no cost for organisations and IT managers as part of a dedicated, month-long campaign in July to increase awareness about ransomware attacks. Ransomware is a malicious cyberattack where cybercriminals encrypt an organisation's data and demand a ransom payment to regain access. It has evolved to include extracting and threatening to expose sensitive information, combining the extortion tactics. This represents one of...

Presently, SaaS has become one of the most integral parts of the rapidly evolving cloud computing environment for the organizations that are striving for cost efficiencies, flexibility, and more adaptability. However, this change is rapid and accompanied by an increased chance of a cyber-attack on a SaaS product. The security of SaaS apps must be ensured; penetration testing helps with this. Among the many techniques used, automated technologies have become vital parts of a cybersecurity...

A new threat actor group known as Gitloker has launched an alarming campaign that wipes victims’ GitHub repositories and attempts to extort them. Victims are finding their repositories erased, replaced only by a solitary README file bearing the message: “I hope this message finds you well. This is an urgent notice to inform you that your data has been compromised, and we have secured a backup.” This note is followed by instructions to contact the...

OpenText today released the findings of its annual OpenText Cybersecurity Global Managed Security Survey. The 2024 survey of over 1,500 Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) found that the majority (92.5%) see increasing AI-led security and threat intelligence services as the major drivers of business growth over the next 12 months. Even with the AI buzz, comprehensive security and composable on-demand security expertise remain the primary reasons enterprise and SMB customers...

The British government published a new collection of research reports on the cyber security of AI pulling on sources from the private and public sectors. It includes a broad set of recommendations for organisations prepared by Mindgard, the report’s only startup contributor. This report, together with the new draft Code of Practice on cyber security governance, was created in response to the Chinese cyberattack on the Ministry of Defence earlier this year, and is aimed...