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Security News

Ransomware conversations: Why the CFO is pivotal to discussing and preparing for risk

With the proliferation of cyber attacks in all industries, organizations are beginning to grasp the growing significance of cyber risk and how this is an integral part of protecting and maintaining an efficient business. Ransomware is the single biggest cyber threat to global businesses; in fact, during the first half of 2022 alone, there were a total of 236.1 million cases of ransomware, which reflects the immense risk to which companies of all sizes are...

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New AT&T Cybersecurity USM Anywhere Advisors Service Helps to Establish and Maintain Threat Detection and Response Effectiveness

Hackers have launched a successful cyberattack against schools across the UK and has left confidential information related to pupils leaked online. In total, 14 schools have been impacted, with the sensitive data stolen including passport details, which were likely needed for trips abroad, as well as contracts and pay scales for members of staff. As reported by the BBC, the attack took place in 2022 with hacking group Vice Society named as the perpetrators. After...

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Ransomware on Healthcare Organisations cost Global Economy $92 bn

Since 2014, the US government has suffered 822 breaches affecting nearly 175 million records. Based on the average cost per breached record (as reported by IBM each year), Comparitech estimate these breaches have cost government entities over $26 billion from 2014 to October 2022. In 2018 and 2019, the number of government breaches hit an all-time high with 116 and 118 breaches respectively. In 2020, breaches decreased to 107 before increasing again to 116 in...

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Cato Networks Reaches $100 Million ARR in Just Five Years to Become Fastest Growing Enterprise Network Security Startup

Cato Networks, the world’s leading single-vendor SASE platform provider,  has announced it has grown its annual recurring revenue (ARR) from $1 million to $100 million in just five years. This best-in-class performance for enterprise network security compares with LinkedIn and faster than consumer-oriented brands, such as Twilio, Wix, Zapier, Canva, and Shopify.   Like these companies, Cato was the first to bring a born-for-the-cloud architecture to disrupt its category. Since its founding in 2015, Cato's...

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Risk Management

Armis, the asset visibility and security company, has announced its Armis Partner Experience (APEX) Manage Program, a  partner program for Managed Service Providers (MSPs) and Managed Detection and Response Providers (MDRs). The APEX Manage Program is an evolution of the channel partner APEX Program launched by Armis one year ago. The company says APEX Manage aims to elevate and enrich service providers with a modern approach to building cyber investigation, detection, threat hunting, and remediation...

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1 in 6 Enterprise Endpoints exposed to identity risks

Illusive has announced the release of its enhanced Identity Threat Detection and Response (ITDR) platform. The new features enable organisations to visualise misconfigurations in and between Active Directory and Azure Active Directory domains, as well as to discover and remediate Kerberoastable identity risks and privileged accounts unmanaged by privileged access management (PAM). Additionally, Illusive visually correlates all identity risks with the MITRE ATT&CK framework so that organisations can more easily manage identity risk. According to...

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70% of Security/IT Professionals Say They are Overwhelmed by the Complexity of their Authentication Systems

It is a scenario anyone who works in an office can imagine all too easily; You’ve locked yourself out of your email accounts, and the myriad complexity of your own authentication systems leaves you locked out for hours at a time.  This scenario is felt even more keenly from the IT and security departments charged with managing this system of complexity, according to a new survey conducted by Axiad, who today announced the results of...

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Synopsys Finds Significant Increase in Practices to Bolster Software Supply Chain Security

Analysing the software security practices of 130 organisations including Adobe, PayPal and Lenovo, Synopsys's Building Security in Maturity Model (BSIMM) report has found a nearly 50% surge in activities to secure open source software components and integrate security into developer toolchains; indicating greater initiative to tackle software supply chain security over the last 12 months. The findings highlight a significant increase in activities that indicate BSIMM member organizations are implementing a “shift everywhere” approach to...

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Feedzai with Lloyds Banking Group wins Aite-Novarica Fraud Impact Award

Feedzai has been named Best Transaction Fraud Monitoring and Decisioning Innovation in the Aite-Novarica Group 2022 Fraud Impact Innovation Awards. The award highlights how Feedzai empowers the bank's data scientists to protect customers from scams and other fraud using a patented algorithm and providing a 360-degree entity view of payment risk. Due to its proficiency in mitigating fraud risk, Feedzai’s patent innovation is helping many financial institutions including Lloyds Banking Group, one of the largest retail...

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blue logo that reads 'searchlight'

Searchlight Security, the dark web intelligence company, has announced a new automated reporting function for their dark web monitoring solution DarkIQ. The new reporting function will help security teams and MSSPs communicate pre-attack intelligence to executives, quickly and efficiently. The DarkIQ platform is a powerful dark web monitoring solution that utilises the most comprehensive dark web dataset on the market. It is the only dark web monitoring tool that keeps track of web traffic to and...

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