Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today published its 2024 Cyber Claims Report, which details emerging cyber trends and their impact on Coalition policyholders throughout 2023. The report found that more than half (56%) of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management. “Threat actors want to get paid, and the email inbox has proven to be an easy place for an attacker to uncover paym ..read more

Salt Security have announced the release of its new multi-layered OAuth protection package to detect attempts to exploit OAuth and proactively fix vulnerabilities. Salt is enhancing its API protection platform with a comprehensive suite of new OAuth threat detections and posture rules to address the growing challenge of OAuth exploitation. The company is the first API security vendor to launch deep OAuth threat detection capabilities, and these innovations will empower organisations to identify and mitigate malicious attempts to exploit OAuth flows, ultimately safeguarding sensitive data and u ..read more

Two formidable female tech leaders have joined forces to launch an innovative new leadership development and mentoring platform for the cyber community – Leading Cyber.  Danielle Phillips, Founder and Managing Director of Durham based Inside Out, and Director at CyberNorth has collaborated with Annabel Berry, Founder of The Lamplight, experienced CEO, and Chair of the Strategic Board at CyberNorth, and the duo have headed to Dubai to launch the new company to audiences at GISEC Global 2024.  Leading Cyber was unveiled ahead of the duo visiting UK Cyber W ..read more

Last week, the IT Security Guru team attended Cydea’s Risk Management Platform launch in London. After the event, Robin Oldham, CEO and Founder of Cydea, sat down with the Gurus to answer some questions about risk management and why it’s critical for businesses to take it seriously. Established in 2019, Cydea set out to expel fear, uncertainty and doubt when it comes to really understanding risk. They aim to manage and not abolish risk altogether. Asking: how likely is likely? Firstly, what is the new Cydea Risk Management platform? According to the team, the platform is set to quantify t ..read more

Netacea, the bot detection and response specialist, today announced new research into the threat of AI-driven cyberattacks. It finds that most businesses see “offensive AI” fast becoming a standard tool for cybercriminals, with 93% of security leaders expecting to face daily AI-driven attacks. The research, Cyber security in the age of offensive AI, surveyed security leaders in the UK and US about their experience with AI as a tool in cybersecurity, enhancing both offensive and defensive capabilities. It reveals that not only do most security leaders expect daily AI-driven attacks, two-thirds ..read more

According to the Department for Science, Innovation and Technology (DSIT), only 17% of the UK cyber sector workforce is female, and this is down from 22% in 2022. To make matters worse, we’re fighting a losing battle against an ever-increasing cyber skills gap. In fact, there’s a shortfall of over 11,000 people to meet the demands of the UK workforce. This issue isn’t exclusive to the UK, however, with ENISA reporting a 300,000 person shortfall in Europe. Plugging that gap is essential to protecting consumers and building digital trust but it needs to be done so thoughtfully and with diversity ..read more

Search giant Google is currently undergoing one of its biggest algorithm updates in its history, sources are told. The online search platform which manages more than 8 billion searches per day is doing a significant update to its internal systems which will impact how search queries will be shown, with attention to parasite websites, improved quality rankings and spam policies. The core update as it is known has been processed for around 2 months, starting on 5th March 2024 and ending officially on 5th May 2024, which is shown on the Google Status Dashboard.   Why Does Google Update its A ..read more

Cybersecurity is ‘inclusive’ by nature: no one is exempt from the fallout of the expanding cyber threat landscape. The notion, therefore, that some groups of individuals are offered fewer opportunities to join the cyber industry than others is frankly absurd. ISC2’s latest Cybersecurity Workforce Study gives us a snapshot into the supply and demand of cybersecurity talent – and it’s not good news. While the cyber workforce has grown by 8.7%, the skills gap has increased by 12.6%, which equates to roughly 4 million empty roles. From a DE&I perspective, we have seen gradual improvements; ISC ..read more

Organised by Eskenzi PR in media partnership with the IT Security Guru, the Most Inspiring Women in Cyber Awards aim to shed light on the remarkable women in our industry. The following is a feature on one of 2024’s Top 20 women selected by an esteemed panel of judges. Presented in a Q&A format, the nominee’s answers are written in their own words with minor edits made by the editor for readability and where relevant, supplemented with additional commentary by their nominator. In 2024, the awards were sponsored by BT, Think Cybersecurity Ltd. and Plexal ..read more

Advanced Cyber Defence Systems (ACDS) has unveiled its groundbreaking Attack Surface Management (ASM) solution: OBSERVATORY. Engineered with a comprehensive three-pronged approach—Discovery, Validation, and Insight—OBSERVATORY offers an unparalleled level of network security.  As the number of internet-connected devices explodes, organisations struggle to keep track and secure them before attackers strike. Shockingly, surveys show 69% of companies have been hit by cyberattacks stemming from unidentified or unmanaged internet-facing assets. To address this critical challenge, ACDS has crea ..read more