Cybersecurity Veteran Kevin Mandia Named General Partner of Ballistic Ventures

June 28, 2024 at 05:22PM Ballistic Ventures, a cybersecurity-focused venture capital firm, has named co-founder Kevin Mandia as General Partner. Mandia, a cybersecurity expert with an impressive track record, has held leadership roles at prominent firms and has been appointed to prestigious advisory committees. His transition to General Partner follows the firm’s successful fundraising and … Read more

Perfecting the Proactive Security Playbook

June 4, 2024 at 10:05AM SUMMARY Successful sports coaching relies on a playbook, and the same applies to cybersecurity. A proactive security playbook should include an incident response plan, an effective measurement strategy, and assessments of team strengths and weaknesses. This proactive approach is critical for maintaining data confidentiality and combating evolving threats. Cyber-insurance engagement … Read more

Whose Data Is It Anyway? Equitable Access in Cybersecurity

May 17, 2024 at 10:03AM In today’s data-driven cybersecurity landscape, it’s clear that securing log data is vital. Legacy systems struggle in the cloud era, driving up costs and technical demands. Cybercrime impacts not just businesses but also society. The industry’s projected growth indicates the urgency for standardized log data management and collaboration to enhance … Read more

Does CISA’s KEV Catalog Speed Up Remediation?

May 7, 2024 at 04:54PM The Known Exploited Vulnerabilities (KEV) list, introduced by the Cybersecurity and Infrastructure Security Agency in 2021, aims to accelerate remediation times for high-risk threats. Congressman Jim Langevin’s legislation created the list to prioritize vulnerabilities for remediation. Data shows an increase in remediation timelines, but ransomware vulnerabilities receive the highest priority. … Read more

Anetac Emerges From Stealth Mode With $16 Million in Funding

May 6, 2024 at 09:15AM Anetac, a Silicon Valley startup, has revealed its platform for managing non-human identities and secured $16 million in funding led by Liberty Global. The company’s Dynamic Identity and Security Platform offers real-time visibility into API and access keys, service accounts, and tokens. Anetac’s solution is already being used by various … Read more

Ransomware Double-Dip: Re-Victimization in Cyber Extortion

April 22, 2024 at 07:06AM This text summarizes a report on Cyber Extortion and Ransomware threat landscape, focusing on re-victimization and the impact of law enforcement efforts. It discusses the increase in cybercrime, challenges in monitoring victimization, and the role of affiliates in facilitating cyber-attacks. The report also highlights the unpredictability and complexity of the … Read more

Cybercriminals Weigh Options for Using LLMs: Buy, Build, or Break?

April 1, 2024 at 05:07PM Cybercriminals pose a threat by coercing legitimate AI models to turn malicious, but the greater danger lies in their creation of malicious chatbot platforms and the use of open source models. Based on the meeting notes, it seems that there are concerns about cybercriminals bypassing security measures to manipulate legitimate … Read more

4 Ways Organizations Can Drive Demand for Software Security Training

February 27, 2024 at 01:06PM Summary: The cybersecurity landscape for organizations creating their own software is increasingly risky due to various forces. There is a shortage of skilled cybersecurity personnel, a worsening threat landscape, and potential legislative changes. Companies can address this by empowering their developers through secure coding, security training, identifying champions, offering incentives, … Read more

BumbleBee Malware Buzzes Back on the Scene After 4-Month Hiatus

February 14, 2024 at 11:59AM The Bumblebee loader, known for delivering various malware, has reappeared in the US targeting organizations after a four-month hiatus. The recent campaign uses email with OneDrive URLs to initiate attacks, signaling a surge in cybercriminal activity. Interestingly, the attackers have employed VBA macro-enabled documents, a tactic rarely used since Microsoft’s … Read more

With Attacks on the Upswing, Cyber-Insurance Premiums Poised to Rise Too

January 18, 2024 at 12:04PM The cyber-insurance market is expected to see rising claim volumes due to increasing threat activities, potentially leading to higher premiums in the next 12 to 24 months. Despite recent declines in average prices, industry experts anticipate a shift towards increased costs as the threat landscape evolves. While costs temporarily eased … Read more