The UK government is set to announce an expanded fraud strategy aimed at enhancing protections against the rising threat of fraud and cybercrime, which has surged by 19% annually and now constitutes a significant portion of online criminal activity.
The European Telecommunications Standards Institute has introduced Covercrypt, a quantum-safe encryption library developed by Cosmian, aimed at protecting sensitive data against current and future quantum threats.
Web Application Firewalls (WAFs) provide critical protection for websites by filtering traffic and defending against cyber threats such as SQL injection, cross-site scripting, and DDoS attacks, with new features in AWS Amplify Hosting allowing for managed and custom rules to further strengthen security.
Cyber-attacks exploiting third-party vulnerabilities have risen to 35.5% of global breaches in 2024, with ransomware attacks, particularly from the Clop group, accounting for 41.4% of these incidents.
Phishing campaigns are increasingly targeting trusted online document platforms like Dropbox, Adobe, and DocuSign to bypass secure email gateways and steal user credentials, with sophisticated tactics including the use of generative AI and brand impersonation.
Fraudsters are exploiting vulnerabilities in managed file transfer software to impersonate the Clop ransomware gang and deceive organizations into paying ransoms by falsely claiming data theft.
