News June 5, 2023

$10.3 billion in cyber crime losses shatters previous totals

4 min read - The introduction of the most recent FBI Internet Crime Report says, “At the FBI, we know ‘cyber risk is business risk’ and ‘cybersecurity is national security.’” And the numbers in the report back up this statement. The FBI report details…

Incident Response February 27, 2023

How breached companies become the face of change

4 min read - I’ve always told my kids that everyone makes mistakes. What really matters is how you handle them and that you learn from what happened. SolarWinds followed the same thinking in how it handled its 2020 breach. Not only did the…

Risk Management February 17, 2023

How falling crypto prices impacted cyber crime

4 min read - Some rare good news in the world of cyber crime trends: Certain crimes declined in 2022 after years of constant rises. Should we credit crypto? Some estimates say that cryptocurrencies have lost $2 trillion in value since November 2021. During…

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,…

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 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 February 18, 2020

Banking Trojans and Ransomware — A Treacherous Matrimony Bound to Get Worse

6 min read - To combat the threat of banking Trojans and ransomware, organizations should stay up to date with the rapidly evolving threat landscape by utilizing the latest threat intelligence.