GUEST ESSAY: Consumers, institutions continue to shoulder burden for making mobile banking secure
The Last Watchdog
by bacohido
5d ago
The rapid adoption of mobile banking has revolutionized how we manage our finances. Related: Deepfakes aimed at mobile banking apps With millions of users worldwide relying on mobile apps for their banking needs, the convenience is undeniable. However, this surge in digital banking also brings about substantial security concerns. Alarmingly, 85% of banks are predicted to be at risk from rising cyber threats. The increasing sophistication of cyber attacks, including phishing, malware, and man-in-the-middle attacks, poses a serious threat to both users and financial institutions. This essay offe ..read more
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MY TAKE: Study shows most folks haven’t considered bequeathing their ‘digital’ inheritances
The Last Watchdog
by bacohido
1w ago
In our digital age, managing passwords effectively is crucial not just for our security while we’re alive, but also for ensuring our digital legacies are secure after we’re gone. Related: Understanding digital footprints A recent study by All About Cookies sheds light on the alarming lack of preparation most internet users have for their digital assets. The All About Cookies study surveyed 1,000 U.S. adults to understand how prepared Americans are to pass on their digital inheritances. The results revealed that 67 percent of respondents have a plan to share banking account information, but onl ..read more
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GUEST ESSAY: How cybercriminals are using ‘infostealers’ to sidestep passwordless authentication
The Last Watchdog
by bacohido
1w ago
Passwords have been the cornerstone of basic cybersecurity hygiene for decades. Related: Passwordless workpace long way off However, as users engage with more applications across multiple devices, the digital security landscape is shifting from passwords and password managers towards including passwordless authentication, such as multi-factor authentication (MFA), biometrics, and, as of late, passkeys. But as secure and user-friendly as these authentication methods are, cybercriminals are already busily sidestepping all forms of authentication – passwords, MFA, and passkeys – to sometimes deva ..read more
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RSAC Fireside Chat: Madison Horn’s quest to add cyber expertise, restore ethics to Congress
The Last Watchdog
by bacohido
2w ago
At a time of devolving politics, Madison Horn stands out as a breath of fresh air. Related: The Biden-Harris National Cybsecurity Strategy I had the chance to sit down with Horn at RSAC 2024 to learn all about her measured decision to put an ascendent cybersecurity career on hold to run for political office. I came away very impressed by Horn’s determination to inject technical expertise and ethical reform into an arena starkly bereft of both: the U.S. Congress. For a full drill down, please give the accompanying podcast a listen. Horn’s background is as compelling as it is unorthodox. A seven ..read more
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RSAC Fireside Chat: Amplifier Security taps LLMs to help organizations foster a security culture
The Last Watchdog
by bacohido
2w ago
Security teams rely on an ever-growing stack of cybersecurity tools to keep their organization safe. Related: The worst year ever for breaches Yet there remains a glaring disconnect between security systems and employees. Now comes a start-up, Amplifier Security, with a bold new approach to orchestrate security actions. Just after RSAC 2024, I spoke with Thomas Donnelly, Amplifier’s co-founder and CTO, about how that they’re utilizing large language models (LLMs) and to emphasize continual employee engagements. For a full drill down, on how Amplifier aims to help companies shape a security cul ..read more
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New Tech Q&A: Adaptiva – CrowdStrike alliance highlights trend of blending IT and security systems
The Last Watchdog
by bacohido
3w ago
The coalescing of the next-gen security platforms that will carry us forward continues. Related: Jump starting vulnerability management Adaptiva, a leader in autonomous endpoint management, recently announced the launch of OneSite Patch for CrowdStrike. This new solution integrates with CrowdStrike’s Falcon XDR platform to improve the efficiency and speed of patching critical vulnerabilities in enterprise systems. This strategic alliance between Adaptiva and CrowdStrike makes a lot of sense. OneSite Patch leverages CrowdStrike’s rich threat intelligence and vulnerability data to prioritize and ..read more
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News Alert: Infinidat introduces advanced cyber resiliency and recovery solution for enterprises
The Last Watchdog
by cybernewswire
3w ago
Waltham, Mass., June 27, 2024, CyberNewsWire — Infinidat, a leading provider of enterprise storage solutions, has introduced a new automated cyber resiliency and recovery solution that will revolutionize how enterprises can minimize the impact of ransomware and malware attacks. Infinidat’s InfiniSafe® Automated Cyber Protection (ACP) is a first-of-its-kind cybersecurity integration solution that is designed to reduce the threat window of cyberattacks, such as ransomware. Sophisticated cyberattacks, including new sinister forms of AI-driven attacks, are increasingly targeting the data storage i ..read more
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News Alert: FireTail unveils free access to its enterprise-level API security platform — to all
The Last Watchdog
by cybernewswire
3w ago
McLean, Va., June 26, 2024, CyberNewsWire — FireTail today announced a free version of its enterprise-level API security tools, making them accessible to developers and organizations of all sizes. •FireTail’s unique combination of open-source code libraries, inline API call evaluation, security posture management, and centralized audit trails helps eliminate vulnerabilities and protect APIs in real-time. •The free plan covers up to 5 APIs, includes 1M API call logs per month, offers 7 days of data retention, and provides clear developer support. FireTail, a disruptor in API security, unveils f ..read more
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News Alert: INE Security lays out strategies for optimizing security teams to mitigate AI risks
The Last Watchdog
by cybernewswire
1M ago
Cary, NC, June 20, 2024, CyberNewsWire — 2024 is rapidly shaping up to be a defining year in generative AI. While 2023 saw its emergence as a potent new technology, business leaders are now grappling with how to best leverage its transformative power to grow efficiency, security, and revenue. With the near-universal integration of AI into global technology, the need for AI-ready cybersecurity teams is more critical than ever. INE Security, a leading global cybersecurity training and cybersecurity certification provider, predicts large language model (LLM) applications like chatbots and AI-driv ..read more
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RSAC Fireside Chat: Tightened budgets impose discipline on CISOs, resets security investments
The Last Watchdog
by bacohido
1M ago
CISOs have been on something of a wild roller coaster ride the past few years. Related: Why breaches persist When Covid 19 hit in early 2020, the need to secure company networks in a new way led to panic spending on cybersecurity tools. Given carte blanche, many CISOs purchased a hodge podge of unproven point solutions, adding to complexity. By mid-2022, with interest rates climbing and the stock market cratering, CFOs began demanding proof of a reasonable return on investment. Today, with purse strings tightened – and cyber risks and compliance pressures mounting — CISOs must recalibrate. I h ..read more
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