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New Cyber Platform Lab 1 Decodes Dark Web Data to Uncover Hidden Supply Chain Breaches

New Cyber Platform Lab 1 Decodes Dark Web Data to Uncover Hidden Supply Chain Breaches
Mar 20, 2023 Data Breach / Dark Web
2022 was the year when inflation hit world economies, except in one corner of the global marketplace – stolen data. Ransomware payments fell by over 40% in 2022 compared to 2021. More organisations chose not to pay ransom demands, according to findings by blockchain firm Chainalysis. Nonetheless, stolen data has value beyond a price tag, and in risky ways you may not expect. Evaluating stolen records is what  Lab 1, a new cyber monitoring platform , believes will make a big difference for long-term cybersecurity resilience. Think of data value this way:  Stolen credentials can become future phishing attacks Logins for adult websites are potential extortion attempts Travel and location data are a risk to VIPs and senior leadership, And so on… Hackers could retaliate for non-payment by simply posting their loot to forums where the data will be available for further enrichment and exploitation.  Shining a light on dark places Even though your company may not have suffered a di

A New Free Monitoring Tool to Measure Your Dark Web Exposure

A New Free Monitoring Tool to Measure Your Dark Web Exposure
May 28, 2020
Last week, application security company ImmuniWeb released a new free tool  to monitor and measure an organization's exposure on the Dark Web. To improve the decision-making process for cybersecurity professionals, the free tool crawls Dark Web marketplaces, hacking forums, and Surface Web resources such as Pastebin or GitHub to provide you with a classified schema of your data being offered for sale or leaked. All you need to launch a Dark Web search is to enter your domain name. The volume of stolen credentials on the Dark Web is booming This week, over 26 million user records, including plaintext passwords, stolen from LiveJournal appeared on a Dark Web marketplace for as low as $35. The present week is likewise sadly marked with a compromise of 31 SQL databases (with 1.6 million rows of client data) from webshop owners. There were 7,098 breaches reported in 2019, exposing over 15.1 billion records, a new worst year on record according to Risk Based Security report

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024
Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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