As businesses deal with the fallout of massive ransomware waves, from Lapsus$ to Cl0p/MOVEit, an unlikely new entity is joining the regulatory bodies to raise the bar for cybersecurity: the cyber insurer. These experts do more than just process claims in the aftermath of an attack. Their coverage requirements and metrics-driven approach to risk put […]
The unexpected drop in malicious activity connected with the Mozi botnet in August 2023 was due to a kill switch that was distributed to the bots. “First, the drop manifested in India on August 8,” ESET said in an analysis published this week. “A week later, on August 16, the same thing happened in China. […]
1. Biggest-ever DDoS attack threatens companies worldwide Companies including Google and Amazon say they have fought off the world’s biggest distributed denial of service (DDoS) attack, but are warning internet users that these types of attacks could cause widespread disruption unless cybersecurity measures are stepped up. A DDoS attack aims to make a website unreachable […]
A pro-Hamas hacktivist group has been observed using a new Linux-based wiper malware dubbed BiBi-Linux Wiper, targeting Israeli entities amidst the ongoing Israeli-Hamas war. “This malware is an x64 ELF executable, lacking obfuscation or protective measures,” Security Joes said in a new report published today. “It allows attackers to specify target folders and can potentially […]
Cisco has published an updated advisory detailing two vulnerabilities affecting Cisco IOS XE devices. Both are being actively exploited. CVE-2023-20198 – A remote, unauthenticated attacker could create an account on an affected system with privilege level 15 access. The attacker can then use that account to gain control of the affected system. CVE-2023-20273 – A […]
TSFactory has recently been featured on the Safety Detectives’ website. Safety Detective’s Mission is to give its readers accurate and valuable information so they can make informed decisions about staying safe, secure and protected on the internet. Full Article: Q&A with TSFactory – Safety Detectives Safety Detectives: Please share your company background, how you got […]
The field of cybersecurity is rapidly evolving and adapting to new threats and technologies. The cost of cybercrime is expected to hit $10.5 trillion by 2025, according to a report by Cybersecurity Ventures. With countless threats looming in cyberspace, you might have questions about how to stay informed and protect your digital assets. An effective […]
Recent data paints a conflicting picture in relation to cybersecurity budgets. Some research indicates that budgets are increasing healthily with CISOs eyeing up their next spending sprees. Other studies suggest security budgets are tightening or even being slashed despite previously being approved, hamstringing security strategies and creating risky blind spots. Several factors such as company […]
Several hacker groups have joined in on the Israel-Hamas conflict escalation that started over the weekend after the Palestinian militant group launched a major attack. Hamas launched an unprecedented attack on Israel out of Gaza, firing thousands of rockets and sending its fighters to the southern part of the country. In response, Israel declared war […]
This news round-up brings you key cybersecurity stories from the past month. Top cybersecurity news: FBI warns of dual ransomware threat; Companies struggle to overcome cyberskills gap; Actor Tom Hanks distances himself from AI deepfake advert. 1. US companies face dual ransomware attack risk, says FBI The Federal Bureau of Investigation (FBI) is warning companies […]