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Security Week: A SecurityWeek study showed that more than 430 cybersecurity mergers and acquisitions were announced in 2021. SecurityWeek will soon also publish an M&A analysis for the first half of 2022.
Dark Reading: The recent upheaval in the supply chain is unprecedented, thanks to ongoing disruptions tied to the pandemic, financial and trade sanctions stemming from Russia's war in Ukraine, cyberattacks targeting the supply chain, and other factors.
Forbes: When a private equity firm had acquired a midsized manufacturer late last year, little did they know that someone else had set on the same target as well. Just two months after it was purchased, a cybercriminal organization launched a crippling ransomware attack that locked up the manufacturer’s systems.
Tech Crunch: On the face of it, the cybersecurity sector is doing just fine. Demand for cybersecurity products remains high as cyberattacks continue to blight both public and private-sector businesses, and investor enthusiasm for all things cyber-related remains strong.
Gulf Business: Digital transformation has moved to the top of corporate agendas in nearly every vertical in the region. Over the last couple of years, organisations have digitised at great speed to adapt to hybrid work and achieve greater efficiency and competitiveness.
ZDNet: Ransomware is the biggest cybersecurity threat facing the world today, with the potential to significantly affect whole societies and economies – and the attacks are unrelenting, the head of the National Cyber Security Centre (NCSC) has warned.
Help Net Security: The APWG’s Phishing Activity Trends Report reveals that in the first quarter of 2022 there were 1,025,968 total phishing attacks—the worst quarter for phishing observed to date. This quarter was the first time the three-month total has exceeded one million. There were 384,291 attacks in March 2022, which was a record monthly total.
ZDNet: Most companies that get hit by a cyberattack are likely to fall victim again – sometimes repeatedly – as many struggle to improve their cybersecurity strategy, even after incidents.
ITPro: Governments have published numerous advisories warning businesses of the increased risk of spillover cyber attacks from the ongoing cyber war. Being aggressive with security can help keep out adversaries that are currently scanning businesses for weak points that have network access, Cisco’s experts said at Cisco Live 2022.
Tech Central: Rogue actors who do not use ransomware are spending the most time inside small businesses with the average dwell time observed to be 51 days in organisations with fewer than 250 employees. Attackers targeting larger (3,000-5,000 employees) organisations spend on average just 20 days inside.
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