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Bank Info Security: After two sensational years in the public markets during the height of the COVID-19 pandemic, 2022 was a rude awakening for the cybersecurity industry.
Bleeping Computer: An Android banking malware named 'Godfather' has been targeting users in 16 countries, attempting to steal account credentials for over 400 online banking sites and cryptocurrency exchanges.
Axios: Heading into 2023, cybersecurity companies are starting to see the first signs of the economic downturn hitting their businesses. The big picture: More companies are starting to see their customers prioritize services like incident response over more costly, proactive IT investments like transitions to the cloud.
CNBC: Imagine this situation: your CEO just resigned and as CFO, you’re the acting chief. After returning to the office from an exhausting overseas trip, your CIO informs you that malware was deployed within your customer databases.
Bleeping Computer: Sports betting company DraftKings revealed last week that more than 67,000 customers had their personal information exposed following a credential attack in November.
Business Wire: Public sector organizations are more likely to struggle with leveraging data to detect and prevent threats than their private sector counterparts (63% to 49%), ultimately affecting their cybersecurity readiness. That’s according to a survey commissioned by Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability.
Forbes: The story of cybersecurity is a constant progression of new ways to defeat new threats, from thought experiments to mainstream best practices. It started with the earliest antivirus software, which began as an experiment and progressed to being a necessity.
Bleeping Computer: Cybercrime marketplaces are increasingly selling stolen corporate email addresses for as low as $2 to fill a growing demand by hackers who use them for business email compromise and phishing attacks or initial access to networks.
Wealth Professional: Data proliferation is reaching new heights as a result of new digital infrastructure and long-term work-from-home arrangements, while cyberattacks are also increasing in intensity. And as corporations and governments attempt to remain ahead of the curve, cybersecurity firms are taking centre stage.
Forbes: The cyber threat landscape has grown increasingly specialized and more challenging for organizations to defend against on their own.
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