Government January 20, 2023

How Much is the U.S. Investing in Cyber (And is it Enough)?

3 min read - It’s no secret that cyberattacks in the U.S. are increasing in frequency and sophistication. Since cyber crime impacts millions of businesses and individuals, many look to the government to see what it’s doing to anticipate, prevent and deal with these…

Risk Management January 4, 2023

A Perfect Storm: 7 Reasons Global Attacks Will Soar in 2023

4 min read - In 2023, the global annual cost of cyber crime is predicted to top $8 trillion, according to a recent Cybersecurity Ventures report. This seemingly enormous figure might still be a major underestimate. In 2021, U.S. financial institutions lost nearly $1.2…

News December 21, 2022

4 Big Cyber Risks in 2023, and How Best to Prepare for Them

4 min read - Right now, 2023 is a blank slate. While the last few years have shown us we can never plan for all scenarios, understanding current cybersecurity challenges can help you prepare for next year. When you know what is likely on…

Retail December 16, 2022

5 Ways to Improve Holiday Retail and Wholesale Cybersecurity

4 min read - It’s the most wonderful time of the year for retailers and wholesalers since the holidays help boost year-end profits. The National Retail Federation (NRF) predicts 2022 holiday sales will come in 6% to 8% higher than in 2021. But rising…

Intelligence & Analytics December 13, 2022

Cybersecurity Trends: IBM’s Predictions for 2023

4 min read - As with many other aspects of life and business, 2022 held fewer overall surprises in cybersecurity than in recent years — thank goodness. Instead, many trends brewing over the past few years began to take clearer form. Some were unexpected,…

News November 9, 2022

Ransomware-as-a-Service Transforms Gangs Into Businesses

3 min read - Malware-as-a-Service is getting easier and easier to access, according to a recent threat report. Self-named the ‘Eternity Project’, this cyber threat group offers services from a Tor website and on their Telegram channel. They sell a wide variety of malware…

Risk Management August 30, 2022

How and Why Do Teens Become Cyber Criminals?

4 min read - The search to find the mastermind of the attacker group Lapsus$ led to a home outside Oxford, England. The suspected leader was a 16-year-old. He helped take down some of the world’s biggest companies, including Microsoft, from his mother’s house.…

News July 27, 2022

FIN7 Threat Actors Add Ransomware to Their Arsenal

2 min read - FIN7, one of the most prolific cyber criminal gangs in the world, has added ransomware to its attack arsenal. The organization gained infamy in 2014 after it stole a total of $1 billion from over 100 companies around the world.…

News July 13, 2022

Feds Offer $5 Million for Information on North Korean Cyber Threats

2 min read - North Korean-based actors have allegedly run company breaches, crypto crime, weapons sales, money laundering, human rights abuses and WMD program funding. Given the high stakes involved, the U.S. Department of State Rewards for Justice program is offering $5 million for…

Malware May 19, 2022

ITG23 Crypters Highlight Cooperation Between Cybercriminal Groups

24 min read - IBM Security X-Force researchers have continually analyzed the use of several crypters developed by the cybercriminal group ITG23, also known as Wizard Spider, DEV-0193, or simply the “Trickbot Group”. The results of this research, along with evidence gained from the…