The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike’s glitchy security software update that disrupted internet services worldwide last week, Fitch Ratings said. Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims would be…
SANS-GIAC Workforce research report for the year 2024 is based on a first-of-its-kind survey that analyzed the cybersecurity workforce with the goal of identifying the key factors to successfully build high-performing cybersecurity teams. The report focuses on efforts to hire and retain mid-level cyber security professionals The survey results analysed in this report zero in…
During the Hajj season, there is an increased risk of online scams targeting individuals who are planning to make the pilgrimage to Mecca. Fraudsters employ various tactics to deceive and defraud unsuspecting pilgrims. According to the Association of British Travel Agents (ABTA), every year, around 25,000 pilgrims from the UK travel to Saudi Arabia…
(Bloomberg) The Canadian government released its first-ever cybersecurity strategy on Wednesday, with the aim of addressing challenges posed by remote work, cloud computing, aging infrastructure and recruitment. The strategy, announced by Treasury Board President Anita Anand, concluded that government departments and agencies generally lacked “repeatable” processes to identify and respond to new and emerging cyber…
A new study found the countries with the highest and lowest risk for cyber threats worldwide in 2024. Cybersecurity experts at mixmode.ai found that Finland ranked first among the lowest-risk countries for Cyber Threats Worldwide, with a Cyber Safety Score of 92.81. In overall cyber safety, Finland has outperformed several major countries, such as the USA, UK,…
Attackers are targeting the scope and scale of the cloud to run rapid and coordinated threat campaigns. A new approach is needed to defend against them, SentinelOne (NYSE: S), a global leader in AI-powered security, is delivering it, with the launch of Singularity Cloud Native Security. A revolutionary solution built on SentinelOne’s acquisition of PingSafe…
Virtually the entire population of a country has been affected by a compromise of biometric data. A threat actor leaked the personally identifiable information (PII) of over five million citizens from El Salvador on the Dark Web, impacting more than 80% of the country’s population. The threat actor, going by the alias ‘CiberinteligenciaSV,’ posted the 144 GB data dump…
Amidst rising tensions with China in the South China Sea, Resecurity has observed a significant spike in malicious cyber activity targeting the Philippines in Q1 2024, increasing nearly 325% compared to the same period last year. The number of cyberattacks involving hacktivist groups and foreign misinformation campaigns has nearly tripled. In Q2 2024, this growth trajectory continues, with Resecurity observing multiple cyberattacks staged by previously unknown threat actors. These attacks are characterized by the…
IDC’s latest Worldwide Semiannual Security Spending Guide According to IDC’s latest Worldwide Semiannual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific excluding Japan (APeJ) is expected to reach $36 billion in 2024, an increase of 12.3% over the previous year. With the evolving threat landscape and increasing complexities, organizations in the region are…
Calling all high-risk individuals: Ensure you’re taking adequate steps to secure your personal devices and accounts against hacking, tampering and other types of interference. Britain’s National Cyber Security Center is warning that criminals and nation-state hacking groups, confronted with well-managed corporate cybersecurity defenses, have turned their sights to individual personal devices and accounts. “In recent years there…
