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Cybersecurity Snapshot: Cyber Pros Say How AI Is Changing Their Work, While the FBI Reports Ransomware Hit Critical Infrastructure Hard in 2023

Tenable

More than 40% of ransomware attacks last year impacted critical infrastructure. 1 - FBI: Critical infrastructure walloped by ransomware attacks in 2023 The number of U.S. ransomware incidents grew 18% in 2023 to 2,825, and 42% of those attacks impacted critical infrastructure organizations. And much more!

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Daily Crunch: Marqeta acquires fintech infrastructure startup Power Finance for $275M

TechCrunch

— Christine and Haje The TechCrunch Top 3 “Power”ing up Marqeta’s portfolio : Marqeta made its first acquisition, securing Power Finance in a $275 million all-cash deal, Mary Ann reports. And here’s a handful more, because we love ya: That’s a lot of walls, y’all : Connie reports that Fifth Wall, focused on real estate tech and managing $3.2

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Mastercard takes on UPI with new biometric payment passkey in India

CIO

Unlike traditional one-time passwords (OTPs), which have become increasingly vulnerable to phishing, SIM swapping, and message interception, payment passkeys utilize biometric data stored on a user’s device to authenticate transactions. This growing threat has made it imperative for companies to innovate around payment security.

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CVE-2024-5806: Progress MOVEit Transfer Authentication Bypass Vulnerability

Tenable

Progress Software has patched a high severity authentication bypass in the MOVEit managed file transfer (MFT) solution. Analysis CVE-2024-5806 is an authentication bypass vulnerability affecting the SSH File Transfer Protocol (SFTP) module in Progress MOVEit Transfer.

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Cybersecurity Snapshot: Russia-backed Hackers Aim at Critical Infrastructure Orgs, as Crypto Fraud Balloons

Tenable

Critical infrastructure operators must beware of Russian military hacking groups. Meanwhile, AI and cloud vendors face stricter reporting regulations in the U.S. 1 - Critical infrastructure orgs targeted by Russia-backed hackers Here’s an important warning for critical infrastructure organizations in the U.S.

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10 essential tips for bolstering cloud security in your business

CIO

This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure. Adopt a Defense in Depth strategy Defense in Depth (DiD) is a cybersecurity strategy that involves implementing multiple layers of security controls throughout the entire infrastructure.

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Balance between innovation and market adaptability key to Tencent Cloud’s AI success

CIO

Tencent Cloud has made significant strides in APAC across sectors like software, financial services, and government, offering solutions in AI infrastructure, AI-enabled customer service, and guided selling. Dr William Lee, Senior Research Director Cloud Infrastructures, Datacenters and Telco Research, IDC Asia/Pacific