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Financially motivated cybercriminals are increasingly targeting Cloud environments in their ransomware and/or extortion attacks. The attack activity of two (2) threat groups in particular – Octo Tempest (AKA Scattered Spider)...more
Two major U.S. financial institutions, Morgan Stanley and Capital One, recently agreed to resolve separate class action lawsuits by paying, in the aggregate, hundreds of millions of dollars in compensation for massive data...more
On December 9th, 2021, a critical zero-day vulnerability, which has the potential of providing threat actors access to millions of computers worldwide, was discovered. Due to the critical nature of this vulnerability, and the...more
It was a crazy weekend for cyberattacks. People seem surprised, but those of us in the industry aren’t surprised one bit. It is very logical and foreseeable that hackers are leveraging attacks that have maximum disruption on...more
A widely reported flaw in popular software known as Log4j poses a severe cybersecurity threat to organizations around the globe, with hundreds of millions of devices at risk. Over the past week, government agencies,...more
Cybersecurity experts around the world are scrambling to sound the alarm about a newly discovered security vulnerability that could be used by attackers to easily infiltrate computer systems. The vulnerability is found in...more
Sometimes it takes a public event to remind corporate risk managers about the importance of effective risk management. While corporate risk management functions have become yet another “hot” topic or new-fangled response to...more
On July 16, 2020, Blackbaud, a U.S. cloud software company and one of the world’s largest providers of financial and fundraising technology for nonprofit organizations and education institutions, notified its customers of a...more
What kinds of cloud computing transactions take place in your jurisdiction? As a G7 economy with mature IT and related services markets, the UK is one of the most important global markets for cloud computing. According to...more
According to a study by Softchoice, 1-in-5 employees still keep their passwords in plain sight (like a Post-it Note on their desk or in the top drawer of their desk—now that’s original), have accessed work files from a device...more