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Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

According to the Ransomlooker tool, the number of ransomware attack victims increased by 128.17% compared to the previous year (2022), with 1837 additional incidents. The top 10 groups, based on the number of victims, collectively account for 59% of the total victims in 2023. LockBit remained the most active group through 2023.

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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Big Data Hub

According to a recent study by IBM Security, the 2023 X-Force Threat Intelligence Index established the retail and wholesale industry as the fifth-most targeted industry in 2022, with cybercriminals increasingly looking to exploit the trove of data gathered from the billions of transactions sellers process online.

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European Commission Publishes Proposal for Cyber Resilience Act

Hunton Privacy

On September 15, 2022, the European Commission presented its proposal for a Regulation on horizontal cybersecurity requirements for products with digital elements (the “Cyber Resilience Act”). The Cyber Resilience Act also includes new reporting obligations for manufacturers. Background.

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The proposed EU Cyber Resilience Act: what it is and how it may impact the supply chain

Data Protection Report

On 15 September 2022, the European Commission published its proposal for a new Regulation which sets out cybersecurity related requirements for products with “digital elements”, known as the proposed Cyber Resilience Act (the CRA ). . These security requirements are high level and drafted broadly. Vulnerability handling requirements.

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Weekly Vulnerability Recap – August 14, 2023 – Old or New, Vulnerabilities Need Management

eSecurity Planet

No one likes the hassle of dealing with patch management or vulnerability management , but it is universally agreed that security breaches are far worse. Google announced this week that it will now push out weekly security updates to Chrome to help make users more secure.

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Dairy Farmers of America takes a fresh approach to key business processes

OpenText Information Management

In 2022, this generated $22.5 billion in revenues, and keeping everything running like clockwork behind the scenes presents some complex challenges. We have a nationwide logistics network that collects milk from farms across the country and transports it to our plants and our customers’ plants for processing and distribution.

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Anatomy of a Quantum Attack

Thales Cloud Protection & Licensing

Thu, 04/28/2022 - 06:15. Each present a unique set of challenges and require equally powerful next-generation cyber security. A quantum computer will be able to do it in 10 seconds! For most commercial businesses, countermeasures against cyberattacks are about preserving data privacy, integrity, and security.