As cyberattacks become increasingly sophisticated, companies face severe financial and reputational damage. With the use of artificial intelligence and machine learning, hackers exploit vulnerabilities, making social media scams more challenging to detect. Therefore, cybersecurity has become a key factor when considering a move to the cloud. Cloud ERP providers invest heavily in capabilities to protect […]
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According to research by the GSMA, the market for virtual network slicing among businesses is estimated to reach a value of USD$300bn by 2025. However, mobile operators must be aware of the added responsibility they will face regarding cybersecurity if they choose to offer network slicing to their business clients using their 5G networks. SecurityGen’s […]
The collaboration between the United States and Costa Rica on cybersecurity has been confirmed, with the United States announcing a plan to provide $25 million to enhance Costa Rica’s digital infrastructure. The US Department of State intends to allocate around $25 million in funding, subject to congressional approval, to improve Costa Rica’s cyber defenses against […]
Capita, a major outsourcing company with £6.5 billion in public sector contracts, has confirmed that a cyber attack caused IT outages for some of its services on March 31. The attack affected the company’s internal Microsoft 365 applications, resulting in disruptions to some services provided to individual clients. While the majority of the company’s client […]
A group of fraudulent extortionists are exploiting data breaches and ransomware attacks to scam US companies. They threaten to sell or publish allegedly stolen data unless payment is made. In some cases, the group has added a distributed denial-of-service (DDoS) attack threat. The group, calling themselves Midnight, impersonates ransomware and data extortion gangs in emails, […]
As businesses face a challenging economic environment in 2023, cybersecurity remains a top priority due to the increasing prevalence of cyberattacks and exploding data volumes. Even though 65% of organizations plan to increase their cybersecurity spending this year, organizations must not ease up on cybersecurity efforts. All businesses are at risk of cyber threats, and […]