Outpost24 | Breaking Cybersecurity News | The Hacker News

The stakes could not be higher for cyber defenders. With the vast amounts of sensitive information, intellectual property, and financial data at risk, the consequences of a data breach can be devastating. According to a report released by  Ponemon institute , the cost of data breaches has reached an all-time high, averaging $4.35 million in 2022. Vulnerabilities in web applications are often the primary gateway for attackers. According to  a World Economic Forum report , just one week after discovering a critical security flaw in a widely used software library (Log4j), more than 100 attempts at exploiting the vulnerability were detected every minute. This illustrates how quickly malicious actors can take advantage of vulnerabilities, highlighting the urgency of regularly assessing and monitoring your system for any vulnerabilities or weak points. The complexity of addressing security challenges in today's digital world is further compounded by the rising use of open-source compo

Phishing, the theft of users' credentials or sensitive data using social engineering, has been a significant threat since the early days of the internet – and continues to plague organizations today,  accounting for more than 30% of all known breaches . And with the mass migration to remote working during the pandemic, hackers have ramped up their efforts to steal login credentials as they take advantage of the chaos and lack of in-person user verification.  This has led to the revival of the old-school technique of vishing, which, like phishing online, involves using social engineering over the phone to steal sensitive information. Vishing attacks have  been on the rise  as a result, with 69% of companies experiencing them in 2021, up from 54% in 2020. These attacks often take the form of job or tech support scams and can be incredibly convincing. In August 2020, the  FBI along with the CISA  issued a warning regarding remote users being targeted by attackers spoofing organizati

Any organization that handles sensitive data must be diligent in its security efforts, which include regular pen testing. Even a small data breach can result in significant damage to an organization's reputation and bottom line. There are two main reasons why regular pen testing is necessary for secure web application development: Security:  Web applications are constantly evolving, and new vulnerabilities are being discovered all the time. Pen testing helps identify vulnerabilities that could be exploited by hackers and allows you to fix them before they can do any damage. Compliance:  Depending on your industry and the type of data you handle, you may be required to comply with certain security standards (e.g., PCI DSS, NIST, HIPAA). Regular pen testing can help you verify that your web applications meet these standards and avoid penalties for non-compliance. How Often Should You Pentest? Many organizations, big and small,  have once a year pen testing cycle . But what