Author: HackWatchit

Infosec expert Rani Osnat lays out security challenges and offers hope for organizations migrating their IT stack to the private and public cloud environments.

The number of cybersecurity professionals globally stood at 5.46 million this year (Borgeaud, 2024). This figure highlights that cybersecurity skills are no longer a niche hiring requirement but a necessity for organizations across different industries. With cybercriminals targeting an extensive network of organizations—big corporations, small businesses, healthcare providers, educational institutions, and government agencies—every employer needs experts with cybersecurity skills who can safeguard their business and ensure cyber resilience. This leads to a critical question—why is cybersecurity so important for every industry today? Let’s understand its importance across various sectors. Importance of Cybersecurity Across Industries Cybersecurity has become the biggest challenge for…

Australia Faces Surge in Cyber Attacks in 2024 Australia has once again made headlines for its growing cybersecurity concerns, with 2024 seeing an alarming escalation in cyber attacks. In fact, the country reached a new record in which every online user was targeted by cyber attacks on a per-second basis, marking a staggering 12-fold increase from the previous year. In 2023, it was reported that one in every five users had fallen victim to these attacks. A recent survey by Surfshark, a company specializing in VPN and security services, highlighted the severity of the situation, suggesting that Australia could soon…

Bitcoin (BTC) is likely to move higher as US Treasury yields remain below 4.50%, creating a favorable macroeconomic backdrop for digital assets, according to Standard Chartered head of digital assets research Geoffrey Kendrick.In an internal note shared with CryptoSlate, Kendrick highlighted that the 10-year US Treasury yield has struggled to break above 4.50%, a level closely watched by market participants.He described the economic backdrop as a “Goldilocks” scenario for digital assets — where economic growth remains strong but does not spur higher yields that could weigh on risk assets.According to Kendrick, stable bond yields and an absence of fresh inflationary…

In today’s increasingly digital world, cyberattacks are a constant threat to organizations of all sizes. From ransomware to data breaches, the impact of a cyberattack can be devastating, affecting business operations, customer trust, and financial stability. However, with the right strategies and preparedness in place, organizations can recover from these attacks more swiftly and efficiently. The key to a fast recovery lies in a combination of proactive measures, well-practiced incident response, and effective use of technology. 1. Preparation is Key: Establishing a Robust Cybersecurity Framework The foundation of a fast recovery from a cyberattack begins long before an incident occurs.…

Luxembourg, Luxembourg, February 11th, 2025, CyberNewsWire Gcore, the global edge AI, cloud, network, and security solutions provider, today announced the findings of its Q3-Q4 2024 Radar report into DDoS attack trends. DDoS attacks have reached unprecedented scale and disruption in 2024, and businesses need to act fast to protect themselves from this evolving threat. The report reveals a significant escalation in the total number of DDoS attacks and their magnitude, measured in terabits per second (Tbps). Key highlights from Q3-Q4 2024 ●    Compared to Q3–Q4 2023, the number of DDoS attacks have risen by 56%, which highlights a steep long-term growth…

Cloud technology is redefining the financial services industry, serving as the backbone of modern operations by enabling flexibility, scalability, and rapid innovation. As financial institutions accelerate digital transformation, a cloud-first approach for enterprises is becoming essential. In fact, in 2021, Gartner forecast an 85% adoption rate by 2025. As predicted, the cloud has become a pillar of modern technology, with factors such as AI integration and security dominating today’s taking points. As institutions embrace the cloud, they must also navigate the evolving regulatory frameworks that follow – most notably, the stringent requirements of the EU Digital Operational Resilience Act (DORA).…

In a major joint operation, the FBI, in collaboration with the UK’s National Crime Agency (NCA), Europol, and law enforcement agencies from France, Germany, Japan, Romania, Switzerland, Thailand, Spain, and Bavaria, has officially announced the arrest of four European nationals linked to ransomware operations. These cybercriminals are believed to have orchestrated attacks resulting in approximately $16 million in global financial losses. Operation PHOBOS AETOR: A Coordinated Cybercrime Takedown Codenamed “Operation PHOBOS AETOR,” this extensive investigation led to the arrest of two men and two women across four different locations. Authorities also seized 40 digital devices, including computers, hard drives, and…

Unless you’ve been living under a rock, inside a cave, or on another planet, you’re likely aware that there’s a new kid on the tech block: artificial intelligence. AI can do many things, like answer questions and produce pictures, videos, text, and code. AI can potentially supercharge existing scams while opening the door to brand-new ones. Whether AI scams are entirely new or enhance existing ones, the goal will typically be to get a piece of your private info for financial gain, identity theft, and other crimes. Most AI scams (though not all) have a phishing component to them if…