Here's further proof many cybercriminals are rampant self-promoters: Credit card market BidenCash, which sells compromised payment card data, dumped 2 million payment cards for free. This shows that competition between carder markets - and increasingly, Telegram-based vendors - is fierce.
Summa Equity bought a majority stake in Logpoint to help the security operations firm expand in areas such as automation, detection and response, and attack surface management. The sustainable growth fund says the acquisition will allow the company to acquire technologies in adjacent areas.
A lack of visibility makes it nearly impossible to protect an organization against attack. If you can't see what's lurking in the dark corners of your environment, all you can do is react instead of actively identifying and mitigating risks. But some technologies can help with threat visibility.
Cybercrime experts have long urged victims to never pay a ransom in return for any promise an attacker makes to delete stolen data. That's because, as a recent case highlights, whatever extortionists might promise, stolen personal data is lucrative, and it often gets sold six ways from Sunday.
According to the Forrester Wave issued in December 2022, the top challenge security analytics vendors face when bringing SIEM, SOAR and UEBA together is making it easy for customers to manage and maintain the offering, says Forrester analyst Allie Mellen.
The founding team behind SOAR vendor Demisto has started a passwordless authentication and user management platform company that caters to the developer community. Descope helps developers embed authentication in the application build process and competes with Auth0 in the CIAM space.
Darknet markets offering illegal drugs and fraudster tools and services are thriving, despite the constant threat of law enforcement infiltration, disruption, takedown and arrests. In response, multiple drug markets have launched customized Android apps to handle buying, selling and fulfillment.
The latest edition of the ISMG Security Report analyzes why Meta has agreed to pay $725 million to settle a class-action lawsuit over users' personal data, how the median stock price dropped 40% among publicly traded security firms in 2022, and why an infrastructure change is needed in SOCs.
After two sensational years in the public markets during the height of COVID-19, 2022 was a rude awakening for the cybersecurity industry. The four-headed monster of inflation, interest rate hikes, supply chain shortages and the ongoing Russia-Ukraine war dragged most stock prices down.
While the cybercrime story for 2022 has yet to be fully written, cryptocurrency theft will no doubt have a starring role. Buoyed by the collective pilfering of billions of dollars' worth of cryptocurrency this year, what's to stop attackers from doubling down in 2023?
The stark consequences of ransomware became painfully clear in Australia this week as attackers began releasing data from health insurer Medibank, one of the country's largest health insurers. Also, leaked chat logs reveal how the attackers accessed Medibank's systems.
When it comes to advanced threat response, most financial institutions say their current abilities are average. Only one-third say automation is crucial to how they identify and respond to threats. This panel of APAC and ANZ experts analyzes the state of security automation in financial services.
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