Larger organizations have increased their cybersecurity workforce this year. According to Wavestone’s “Cyber Benchmark 2024” report, companies with more than $1 billion in revenue now have one cyber professional per 1,086 employees, up from one per 1,285 employees in 2023. Financial businesses have been particularly successful in cultivating a strong cybersecurity workforce, with an average…
Cyberinsurance premiums have decreased by around 15% since peaking in 2022, according to a report from broker Howden. This decline is attributed to improved security measures implemented by companies, which has reduced insurance claims. However, experts suggest that the real reason for the decrease is the insurance industry’s correction due to its cyclical nature. The…
Patelco Credit Union, a California-based not-for-profit organization with assets exceeding $9 billion, has disclosed a ransomware attack that led to the shutdown of several customer-facing banking systems. The attack occurred on June 29, and as a result, online banking, mobile app, and call center services are currently unavailable. Electronic transactions such as transfers, direct deposits,…
Here is a summary of the text: The author, a security professional, reflects on the lessons learned from their experience working in Security Operations Centers (SOCs) and applies them to everyday life. They highlight five key takeaways: don’t assume, obtain visibility, use data correctly, document, and tell the whole story. The first lesson is to…
Google has released patches for 25 documented security vulnerabilities in the Android operating system, including a critical-severity flaw in the Framework component that allows an attacker to escalate privileges on a vulnerable device. The bug, tracked as CVE-2024-31320, impacts Android versions 12 and 12L. Read more