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Cybersecurity-Insiders

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How Data Breaches Erode Trust and What Companies Can Do

  • Data breaches can have a huge financial cost and cause reputational damage to companies.
  • The reputational damage may lead to a decrease in customer trust and perception of the brand.
  • Finance, healthcare, and retail industries are more susceptible to data breaches as attackers target them for monetary gain.
  • The loss of sensitive patient and personal data in healthcare can impact individuals and healthcare institutions.
  • The retail industry needs to have contingency plans in place to avoid system downtime during the peak sales season.
  • Organizations must implement cybersecurity measures according to the vulnerabilities of their industry.
  • CTEM can prioritize potential countermeasures and enhance the security posture of organizations on an ongoing basis.
  • The reduction in the time required to identify and address incidents is achieved by integrating valuable insights with the Security Operations Center (SOC).
  • Verizon has improved hospital cybersecurity by unifying its network and centralizing access controls to boost operational efficiency and protect patient information.
  • Data Loss Prevention (DLP) tools can safeguard data in the healthcare sector by monitoring sensitive information in outgoing emails.

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Global Fintech Series

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RMA’s Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025

  • The fourth annual RMA Chief Risk Officer (CRO) Outlook Survey reveals that cybersecurity, fraud, and rapid response are key banking risks in 2025.
  • Cyber risk is the top concern, named by 63% of respondents, followed by fraud and broader technology risk.
  • Banks are implementing new measures to adapt to the increased speed of risk, such as enhanced scenario analysis and crisis management plans.
  • 84% of respondents mention that their institutions are being held to higher standards by supervisory teams.

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Cybersecurity-Insiders

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Consequences of Bowing Down to Hackers in Ransomware Attacks

  • Ransomware attacks have become one of the most dangerous cybersecurity threats in recent years.
  • While paying the ransom might seem like a quick solution, doing so can have serious consequences.
  • Agreeing to pay encourages attackers to continue targeting others.
  • No guarantee of data recovery after paying a ransom is one of the biggest risks.
  • Paying a ransom can lead to serious legal consequences in certain industries.
  • Paying the ransom can damage a company’s reputation.
  • Financial costs don’t end with the ransom payment itself.
  • Paying the ransom can create a vicious cycle of extortion.
  • Organizations should focus on strengthening their cybersecurity defenses.
  • Prevention, preparation, and incident response planning are essential steps to mitigate the risks of ransomware attacks.

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Cybersecurity-Insiders

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Snail Mail Cyber Attacks hit Android users and 23andme data security concerns

  • Snail Mail Cyberattacks Raise Alarm Among Android Users
  • The attackers are sending fake physical letters promoting a counterfeit version of the 'MeteoSwiss' app to Android users.
  • The QR code in the fake app leads to a malware download, capable of stealing sensitive information.
  • 23andMe Data Breach Raises Security Concerns and Potential Bankruptcy Fears

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Dev

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Reimagining cybersecurity for developers

  • Cybersecurity can be a nightmare for developers and security breaches can happen at an unprecedented scale. Despite spending more than $300bn on cybersecurity, breaches costing more than $10tn ensued, showing that Zero Trust solutions, in their current forms, are not enough.
  • Two-Way Zero Trust is a new concept that upgrades the Zero Trust model, making sure that all entities are verified – even the system itself. It removes single-entity authority and distributes authority across all entities.
  • Two-Way Zero Trust assures that even if your systems are hacked, sensitive information remains protected as the authority to unlock it stays outside the system.
  • Two-Way Zero Trust fundamentally reshapes how developers can think about cybersecurity, privacy, and digital ownership.
  • By implementing Two-Way Zero Trust, developers can finally sleep without worrying about being the weak link in a security chain. It shields the company from potential legal liabilities and preserves customer trust.
  • The real issue here is authority. How do we remove it from the systems and people managing it? In the next part, we’ll dive deeper into the vulnerabilities around authority and explore how it’s managed today.
  • The series is an adaptation of a keynote speech by Tide Foundation Co-Founders Michael Loewy and Yuval Hertzog at ACM SIGCOMM 2024.
  • Two-Way Zero Trust has keys that no one holds and can redefine cybersecurity, and empower developers to innovate without fear.
  • Authority is harnessed by hackers to compromise security. No system, however sophisticated, is entirely foolproof; when the few systems-based ones fall, the others follow.
  • Zero-Trust offered an illusion of security, but it merely shifted trust around to unchecked authority systems which, if faulted, take the chain down with them.

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Tech Radar

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Twitch data breach leaves Amazon with major fine

  • Twitch, owned by Amazon, has been fined $58,000 for a data breach in 2021.
  • The breach exposed sensitive data of thousands of Turkish users.
  • The Turkish data protection watchdog concluded that Twitch was at fault for the breach.
  • The fine was imposed for inadequate security measures and failure to report the breach.

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Dev

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What is Cloud Workload Security

  • Cloud Workload Security refers to the practice of protecting resources, services, and applications run on the cloud.
  • Cloud Workloads are vulnerable to a variety of threats, including ransomware, malware, data breach, phishing attacks, and DDoS attacks.
  • Cloud security is a shared responsibility between the cloud provider and the customer.
  • Best security practices for cloud customers include securing the management console, infrastructure, admin accounts for SAAS applications, DevOps console and CI/CD pipeline, and cloud entitlements.

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Mcafee

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The Dark Side of Gen AI

  • Generative Artificial Intelligence (GenAI) has been one of the most significant technological developments promising unparalleled advancements and enabling humanity to accomplish more than ever before.
  • The same technology that allows someone who has lost their voice to speak also allows cybercriminals to reshape the threat landscape.
  • Bad actors are using GenAI in myriad ways, including creating malicious websites, deepfakes, and more effective phishing emails to scam victims or spread misinformation.
  • Modern Large Language Models (LLMs) can write entire emails in less than 5 seconds, using any language of your choice and mimicking any writing style, resulting in crystal-clear messages free of typos.
  • Attackers no longer need to know even the basics of another language; they can trust that GenAI is doing a reliable job.
  • Newer generations of LLMs are capable of creating phishing emails that are much more convincing and harder to spot by humans, decreasing the ability to spot phishing emails over time.
  • Bad actors are also using GenAI to assist in malware creation, which is becoming more accessible to novice bad actors, creating a more dangerous overall landscape.
  • Users should pay attention to context when receiving unexpected emails or texts that could be scams.
  • Defenders have also created AI to fight AI, including McAfee’s Text Scam Protection and Deepfake Detector.
  • Being vigilant and fighting malicious uses of AI with AI will allow us to safely navigate this exciting new digital world and confidently take advantage of all the opportunities it offers.

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Medium

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How to Meet Cybersecurity Compliance Standards: SMB Guide

  • Small businesses need to meet cybersecurity compliance standards to safeguard their business, customers, and reputation.
  • The GDPR, HIPAA, PCI DSS, and CCPA are laws and regulations SMBs need to know.
  • Identify vulnerabilities through a risk assessment, the DREAD model and asset register.
  • Safeguard your systems and networks through access controls, data encryption, and vulnerability scans.
  • Get smart tools such SentriQ Labs to help keep your SMBs cyber-safe and compliant.
  • Create a security plan with clear policies, regular training, and follow a complaint calendar.
  • Stay abreast of the latest cybersecurity news and threats to keep your systems updated.
  • HIPAA compliance is essential for U.S. healthcare providers and their business associates.
  • Have a deep understanding of PHI and think 'less is more' when it comes to storing it.
  • Compliance isn't just about avoiding fines, it's about building trust with your customers

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Digitaltrends

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Mullvad vs. Windscribe: best VPN for monthly service

  • Most VPN services require an annual or longer subscription paid in advance but some VPNs offer affordable prices with just a monthly commitment. Mullvad and Windscribe are two VPNs that offer unique monthly pricing and in this head-to-head comparison, we'll explore the features, customer support, and security to help you decide which offers the best value.
  • Mullvad’s VPN pricing is remarkably simple at 5 euros per month. Mullvad allows five simultaneous connections and is a full-featured, fast VPN with apps for Windows, macOS, Linux, iOS, and Android.
  • Windscribe has cross-platform support and, within reason, allows you to connect unlimited devices. The most interesting low-cost monthly option from Windscribe is the Build-A-Plan, which costs as little as $3 monthly. Windscribe even lets you change the locations during the month and prorates your bill if you only use a partial month.
  • Mullvad and Windscribe are fast enough for global web browsing and sufficient for high-quality streaming. Mullvad was generally faster than Windscribe but it varies depending on the time of day, distance from the server, and load on the server.
  • Customer service is acceptable for inexpensive services. Mullvad and Windscribe both offer email support. If you anticipate needing quicker help, Surfshark has fast, helpful live chat that’s available around the clock.
  • Mullvad and Windscribe break the VPN mold with unique pricing and policies while offering enough features and global performance to be intriguing. Mullvad wins in this challenge to find the best VPN for monthly service.
  • Mullvad offers a full-service VPN in 47 countries for a little over $5 monthly, total anonymity, excellent privacy protection, and impressive server speeds worldwide.
  • Windscribe matches Mullvad’s privacy policies and security despite its base in Canada, a Five Eyes country. With Build-A-Plan you can use a data-capped VPN with servers in three locations for just $3 monthly. A 30GB limit feels too restrictive for some users, but you can upgrade to unlimited data for only $1 more.
  • Hackers are becoming more sophisticated. The best way to secure your data is to keep it offline. For absolute anonymity, Mullvad assigns a number when you create an account and you don’t have to provide your email address. Email is optional for Windscribe users also.
  • If you want to break out of long-term VPN subscriptions or a constant hunt for the best VPN deal, both Mullvad and Windscribe are worthwhile.

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Blackenterprise

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Cybersecurity Expert Labels Black Friday As ‘Black Fraud Friday’ Thanks To Scammers 

  • Cybersecurity experts warn that Black Friday has become a prime time for scammers to trick online shoppers.
  • In the 2023 holiday season, shoppers were scammed out of over $11.5 million.
  • Scams often target bargain hunters with sophisticated techniques, including the use of AI.
  • Consumers are advised to be cautious when shopping online and to use credit cards for better fraud protection.

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VentureBeat

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AnyChat brings together ChatGPT, Google Gemini, and more for ultimate AI flexibility

  • AnyChat unites multiple large language models (LLMs) to offer developers unprecedented flexibility and choice.
  • Developed by machine learning growth lead Ahsen Khaliq, the tool makes it easier for developers to experiment with and deploy LLMs between multiple sources.
  • At its core, AnyChat exposes no restrictions on traditional LLM platforms, offering its users total control over which models they can use.
  • However, the AI industry has seen more companies commit to individual platforms, restricting their ability to integrate AIs easily into their operations.
  • AnyChat addresses this by offering a unified interface for both proprietary and open-source models.
  • AnyChat supports a range of models via Hugging Face, a popular platform for open-source AI methods.
  • The added support for multimodal AI capabilities makes AnyChat an ideal platform for text and image analytics.
  • The tool also supports real-time search and multimodal abilities, which makes it perfect for more complex applications.
  • AnyChat leverages its open architecture to encourage more developers to experiment and contribute to the platform, further enhancing its capabilities.
  • In conclusion, AnyChat is an exciting, new tool with unlimited potential to shape the AI landscape, providing developers and enterprises with unmatched control over AI experimentation, deployment, scalability, and choice.

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Pymnts

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Tokenization’s Tailwinds: Payment Networks and Real-World Assets

  • Tokenization involves replacing sensitive data with digital representations (tokens) to enhance security.
  • Payment tokenization protects cardholder details and reduces fraud risk.
  • Companies like Mastercard and Visa are adopting tokenization technology for online purchases.
  • Tokenization is also being used for the transfer of real-world assets like stocks and bonds.

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Medium

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Cybersecurity Metrics & Reporting — The Ultimate Death Grip for New Security Teams

  • Risk-based metrics are considered worthless unless all relevant factors are true.
  • SecOps metrics measure day-to-day operational health of technology stack and employee practices.
  • Tracking strategic security initiatives and projects helps illustrate the organization's journey.
  • SLT (Senior Leadership Team) often focuses more on the company's security and potential vulnerabilities.

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Securityaffairs

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Recently disclosed VMware vCenter Server bugs are actively exploited in attacks

  • Threat actors are actively exploiting two VMware vCenter Server vulnerabilities tracked as CVE-2024-38812 and CVE-2024-38813, Broadcom warns.
  • Broadcom confirms that exploitation of the vulnerabilities has occurred in the wild.
  • The vulnerabilities, namely a heap-overflow vulnerability (CVE-2024-38812) and a privilege escalation vulnerability (CVE-2024-38813), can lead to remote code execution and privilege escalation.
  • VMware has released updated versions of vCenter Server and VMware Cloud Foundation to address the vulnerabilities.

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