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Log4j vulnerability: what should boards be asking?

Background The Log4Shell critical vulnerability in the widely used logging tool Log4j has caused concern beyond the cyber security community. This is because Log4j - rather than being a single piece of software - is a software component that’s used by millions of computers worldwide running online services....

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Apache Log4j Vulnerability Guidance

Background Apache Log4j2 is a ubiquitous library used by millions for Java applications; the library is part of the Apache Software Foundation’s Apache Logging Services project. The vulnerability CVE-2021-44228, disclosed on December 9, 2021, allows for remote code execution against...

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Alert (AA21-291A) BlackMatter Ransomware : The Dark Side Returns

Background BlackMatter is a new ransomware threat discovered at the end of July 2021. BlackMatter is ransomware-as-a-service (Raas) tool that allows  the ransomware's developers to profit from cybercriminal affiliates (i.e., BlackMatter actors) who deploy it against victims. This malware started...

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TOP Routinely Exploited Vulnerabilities (AA21-209A)

Background Cyber actors continue to exploit publicly known—and often dated—software vulnerabilities against broad target sets, including public and private sector organizations worldwide. However, entities worldwide can mitigate the vulnerabilities listed in this report by applying the available patches to their...

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“Ransomware, Phishing Attacks” Conquering US Headlines In 2019

Ransomware and phishing attacks conquered the US newspaper headlines last year. More than 70 state and local governments across the US and more than half of the organizations suffered from ransomware attacks. According to the bureau's Internet Core Competency Certification...

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A New Victim To Cybercrime Is Here!

Cyberattacks have been recognized as the most strategically significant threats faced by the world today. Governments, private corporations, non-profit organizations...no sector is immune from cyberattacks, and so is the financial industry, including banks, investment companies, insurance companies, and real estate...

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2020 Cybersecurity Trends: Technology Is Smarter – But Are We? (Part 2)

With Blue Bear Software, an administration platform for educational institutions got recently hit by a cyber attack from Magecart, the wheels of 2020’s cybersecurity threats have started to set motion.  So, we rushed ourselves to come up with PART 2...

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Westpac Money Laundering Breach – A Banking Horror Story From Australia

Australia’s second-largest bank, WESTPAC, has overtaken the largest COMMONWEALTH BANK… If you think it’s in terms of assets, profits, or market capitalization, you are wrong; it’s in terms of the heftiest fine it is forced to pay!! Westpac is accused...

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Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 3

So, we’re back with the final part of the article! When looking at the information security breach statistics we have amassed all point to the finance sector in PART 1 and PART 2 of this feature, we could see that...

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Cyber Risk for the Financial Sector: An Analysis Based On 10 Statistics – Part 1

Cyberattacks have never been as prevalent as they were in 2019 - top news headlines of the year confirm these findings as most of the big names like Equifax, Facebook, and Yahoo, are found in the crosshairs of such attacks. ...

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