Microsoft and Google
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Microsoft and Google Top the List in Q1 2024 Phishing Attacks: Check Point Research Highlights a Surge in Cyber Threats

ByTechTrends

Airbnb’s Entry into Top 10 imitated Brands Signals Expanding Cybercriminal Horizons Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP) and a leading AI-powered, cloud-delivered cyber security platform provider, has released its latest Brand Phishing Ranking for Q1 2024. The ranking highlights the brands most frequently imitated by cybercriminals in their…

SHELT
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SHELT System Integration “SHELT SI” Debuts in Nigeria

ByTechTrends

SHELT, a leading provider of cybersecurity solutions, is proud to announce the launch of its new business unit in Nigeria, SHELT System Integration (SHELT SI). With a solid reputation built over six years of serving the nation’s financial, telecom, and government sectors, SHELT is now expanding its offerings to accelerate Nigeria’s digital transformation. The new…

Sophos Incident Response

Cybercriminals Abuse Remote Desktop Protocol (RDP) in 90% of Attacks Handled by Sophos Incident Response in 2023 – Report

ByTechTrends

Level of RDP Abuse Unprecedented Since Launch of Report in 2020 External Remote Services Were the Number-One Way Attackers Initially Breached Networks Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released the Active Adversary analysis, “It’s Oh So Quiet (?): The Sophos Active Adversary Report for 1H 2024.” The report, which…

New Sophos Managed Risk Service

Sophos Partners with Tenable to Launch New Sophos Managed Risk Service

ByTechTrends

New Fully Managed Solution Provides Visibility, Risk Monitoring, Prioritization, Investigation, and Proactive Notification to Prevent Cyberattacks.  Sophos, a global leader of innovative security solutions that defeat cyberattacks, today announced a strategic partnership with Tenable®, the Exposure Management company, to provide Sophos Managed Risk, a worldwide vulnerability and attack surface management service. The new service features a dedicated…

The Biggest Threats to OT Security Will Surprise You

The Biggest Threats to OT Security Will Surprise You

ByTechTrends

As the use of operational technology (OT) and Internet of Things (IoT) grows, so too does the threat landscape. Without releasing it, many businesses may have thousands of unknown access points ready to be exploited by cybercriminals. Jayson Pieterse, Sales Manager at TXOne, explores the different risks organisations face. With the growth in digital transformation…

cyber-attacks

Three trends set to drive cyber-attacks in 2024

ByTechTrends

Ransomware attacks saw a sharp increase once again over the past year. AI and the increase in mobile-connected devices provide further areas of vulnerability for cybercriminals to exploit. Early detection can reduce the cost of breaches up to a thousandfold. Following two years of high but stable loss activity, 2023 saw a worrying resurgence in…

Sophos Threat Report

2024 Sophos Threat Report: Cybercrime on Main Street Details Cyberthreats Facing SMBs

ByTechTrends

 Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual 2024 Sophos Threat Report, with this year’s report detailing “Cybercrime on Main Street” and the biggest threats facing small- and medium-sized businesses (SMBs*). According to the report, in 2023, nearly 50% of malware detections for SMBs were keyloggers, spyware and stealers, malware that attackers use…

Cybersecurity strategies

Cybersecurity strategies for cloud acceleration in financial services

ByTechTrends

Effective cybersecurity must align to organisation’s needs and take its lead from its requirements. Security must enable, not define. Thus, understanding your organisation’s operational environment and what optimum performance looks like must come first. In banking and financial services, where trust and data security are fundamental, cybersecurity requirements are even more complex. This reinforces the…

Sophos

Sophos Expands Commitment to the Channel with New Dedicated Partner Care Offering

ByTechTrends

 Sophos, a global leader in innovating and delivering cybersecurity as a service, is expanding its commitment to the channel with the addition of Partner Care, a new offering in its global partner program that features a dedicated, 24×7 team of Sophos experts who handle non-sales related questions and operational support. The offering is designed to…

Fraud and Financial Crime
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Fighting Fraud and Financial Crimes in the Generative AI age

ByTechTrends

In today’s increasingly digital world, fraud and financial crime has become a significant concern. Global research shows that 2022 saw a 72% increase in fraudulent activity while almost a quarter of survey respondents expect a significant budget increase for anti-fraud technology through 2025. Given how generative artificial intelligence (AI) has been reshaping virtually all industry sectors, the…

Cryptocurrency
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Criminals Leverage “As-a-Service” Business Model with Sha Zhu Pan Kits, Globally Expanding Cryptocurrency Fraud

ByTechTrends

After a Two-Year Investigation, Sophos X-Ops Discovers Unprecedented Sophistication in Scams That Trick Victims into Fake Investments Sophos, a global leader in innovating and delivering cybersecurity as a service, today revealed how sha zhu pan scammers—those conducting elaborate, romance-based cryptocurrency fraud—are leveraging a business model similar to cybercrime “as-a-service” by selling sha zhu pan kits on…

Chester Wisniewski, Director Global Field CTO - Cyber
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Cyber Defenses and Cyber Insurance: A Holistic Approach to Cyber Risk Management

ByTechTrends

The landscape of cyber threats has significantly expanded in terms of volume, complexity, and impact of attacks over the past few years. Consequently, regardless of their size, industry, or geographic location, the vast majority of companies prioritize protection against these threats and primarily strive to implement robust cyber defense measures to counteract them. However, given…

Ransomware findings by Sophos
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Attackers Increase Their Use of Remote Ransomware 62% Annually, Based on Attacks Detected and Stopped by Sophos CryptoGuard Technology

ByTechTrends

Sophos, a global leader in innovating and delivering cybersecurity as a service, has released a report, titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, Royal, Black Basta, are deliberately switching on remote encryption for their attacks. In remote encryption attacks, also known as…

NDPC
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NDPC Issues Code of Conduct for Data Protection Compliance Organizations (DPCOs)

ByTechTrends

Ahead of its enforcement drive in 2024 and in a bid to ensure professionalism among firms that are licensed to carry out compliance as a service, the Nigeria Data Protection Commission has issued a Code of Conduct for DPCOs in Nigeria. Whilst addressing the meeting of the Commission with the DPCOs, the National Commissioner, Dr….

Zero Trust Architecture,
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Zero Trust Architecture: Navigating Implementation Challenges in Large Enterprises

ByTechTrends

Written by: Oluwafemi Jacob Oni Adopting a Zero Trust Architecture (ZTA) has become essential for large companies in today’s quickly changing digital ecosystem, where cyber threats and data breaches have gotten more regular and complex. As businesses become more linked and reliant on cloud services, mobile devices, and remote workforces, old security strategies are no…

Federated Learning

Navigating the Challenges of Federated Learning: Privacy, Security, and Scalability in Distributed Data Environments

ByTechTrends

Machine learning keeps expanding with the introduction of various technologies and approaches that are changing our lives, one of such approaches is Federated learning which has proven to be a very revolutionary approach in machine learning, allowing models to be trained across different decentralised environments or servers while making sure that those data are localised….

Sophos
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Sophos Anticipates AI-Based Attack Techniques and Prepares Detections

ByTechTrends

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released two reports about the use of AI in cybercrime. The first report—“The Dark Side of AI: Large-Scale Scam Campaigns Made Possible by Generative AI”—demonstrates how, in the future, scammers could leverage technology like ChatGPT to conduct fraud on a massive scale…

Sophos Active Adversary Report
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Cybercriminals disabled or erased logs in 82% of attacks with missing telemetry in Sophos Active Adversary Report cases.

ByTechTrends

 Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its Active Adversary Report for Security Practitioners, which found that telemetry logs were missing in nearly 42% of the attack cases studied. In 82% of these cases, cybercriminals disabled or wiped out the telemetry to hide their tracks. The report covers Incident…

Ransomware Attack
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Cybercriminals Successfully Encrypted Data in Ransomware Attacks on Nearly 75% of Healthcare Organizations That Sophos Surveyed

ByTechTrends

Sophos, a global leader in innovating and delivering cybersecurity as a service, today shared its sector survey report, “The State of Ransomware in Healthcare 2023,” which revealed that, among those organizations surveyed, cybercriminals successfully encrypted data in nearly 75% of ransomware attacks. This is the highest rate of encryption in the past three years and a…

Denis Cassinerio, Senior Director Global Distribution, Acronis

Digitalization: Empowering the future of work & home through cybersecurity vigilance

ByTechTrends

In the grand tapestry of human progress, few notable innovations have propelled the world forward as profoundly as digitalization. The convergence of technology, innovation, and information has subsequently disrupted the way we do things at almost all levels and in turn, birthed a new era where everything, more so the way we work and live is redefined daily. But even as we embrace…

Data Protection

NDPC and the Committee of Nigerian Vice Chancellors will collaborate on Student Data Protection.

ByTechTrends

The Committee of Vice Chancellors of Nigerian Universities (CVCNU) has asked the Nigeria Data Protection Commission (NDPC) to collaborate on building capacity for vice chancellors and data officers in universities as part of steps to safeguard student data across Nigerian universities. At a courtesy visit by CVCNU members to Dr. Vincent Olatunji, the National Commissioner/CEO…

Digital Payment-SAMUEL ARAMIDE
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AI-Powered Fraud Detection: Enhancing Security in the Digital Payment Landscape

ByTechTrends

In the digital economy world, where payment transactions happen at light speed across different regions, the threat of fraud looms larger than ever. As users constantly embrace online payments, as a result of the convenience and speed they offer, the digital payment industry has become a primary focus for internet fraudsters. The increase in cyber-attacks has…

Sophos
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Sophos Supports Shift to Hybrid Environments with New Generation of Remotely Managed Wi-Fi 6 Access Points

ByTechTrends

Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the Sophos AP6 Series to support the shift to hybrid environments with a new generation of remotely managed Wi-Fi 6 access points. The new offering adds another component to Sophos’ secure access portfolio, which includes Sophos Firewall and Sophos Switch.   “With cloud-managed Wi-Fi, Sophos…

Citizens' Data
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Nigerian Government Pledges to Safeguard Citizens’ Data

ByTechTrends

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani in a 2-Day sensitization workshop organised by the National Data Protection Commission (NDPC) held in Abuja recently said that the government is committed to protecting the citizens’ data. The workshop was organized for stakeholders, including heads of government agencies, and members of the Association of…

Nigerian University Curriculum
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NUC Adds Cybersecurity Software Engineering, Others to Nigerian University Curriculum

ByTechTrends

Redesigned core technology courses have just been added to Nigerian institutions’ curricula by the National institutions Commission (NUC). During a recent stakeholder meeting, Dr. Chris Maiyaki, the commission’s acting Executive Secretary, reaffirmed that the new curriculum will be implemented beginning in September 2023. According to Maiyaki, universities will decide on the remaining 30% of the…

cyber

Rising cyberthreats loom over Africa’s digitalization push, experts raise concerns

ByTechTrends

With cybercrime increasingly posing a significant risk to enterprises globally, cybersecurity experts in South Africa are forecasting more challenging times ahead as threat actors exploit emerging innovations to launch sophisticated cyber attacks. Driven by heightened technological advancements such as artificial intelligence (AI) and machine learning (ML), cybercriminals relentlessly utilize popular digital tools and platforms to…

Sophos

Adversary-Sponsored Research Contests on Cybercriminal Forums Focus on New Methods of Attack and Evasion, Sophos Research Reveals

ByTechTrends

Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that it has uncovered how research contests run by cybercrime forums are helping to inspire new methods of attack and detection evasion. The contests mirror legitimate security conference ‘Call For Papers’ and provide the winners considerable financial rewards and recognition from peers and…

Sophos

Sophos Launches Incident Response Retainer

ByTechTrends

Sophos Retainer Cuts Red-Tape, Allowing Sophos Incident Responders to Quickly Investigate and Remediate Active Attacks Shorter Attacker Dwell Times Require Faster Response, as Indicated in Sophos’ New Active Adversary Report for Tech Leaders  Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced its new Sophos Incident Response Retainer, which provides organizations…