Author: Admin

The Continuous Threat of Cyber Misconduct and its Impact on Global Industry  By Kimberly Patlis Walsh, President and Managing Director of Corporate Risk Solutions (CRS) In the lead up to Russia’s invasion of Ukraine in February, the FBI and Department of Homeland Security issued warnings of urgent cyberattack threats against U.S. and Ukrainian governmental and commercial networks. As recently as April 18th, a top U.S. cybersecurity official told “60 Minutes” that Vladimir Putin likely would…

How to Protect Critical Infrastructure During This Unprecedented Time By Matthew Morris, Global Managing Director, 1898 & Co. The newest trends in political warfare include cyberattacks on infrastructure security with hackers looking to generate massive setbacks in 2022 and beyond. With conflict escalating overseas, there’s been much conversation about what precautions should be taken to protect U.S. businesses from losing everything in an attack perpetrated by bad actors looking to exact chaos, sabotage, extort money,…

This article was co-authored by Duke Dyksterhouse, an Associate at Metis Strategy. After transforming their organization’s operating model, realigning teams to products rather than to projects, CIOs we consult arrive at an inevitable question: “What next?” Of the many possible answers, some of our clients elect to carry the transformation further by separating their employees into two groups: those responsible for operations and those responsible for innovation. By operations, we mean work that fixes or…

Image: Unsplash The global cloud migration continues to fuel a market expected to hit the $1 trillion milestone in 2028. According to Facts and Factors, the cloud will grow from $429.6 billion in 2021 to $1.0257 trillion in 2028. However, a recent report of Forrester Consulting, commissioned by Quali, found that 63% of surveyed IT and decision-makers say their organizations lack the support for a variety of cloud resources. Cloud: Must-read coverage While the cloud…

Cybersecurity solutions provider Emsisoft has released a free decryption tool to enable AstraLocker and Yashma ransomware victims to recover their files without paying a ransom. The company made the announcement in a series of Twitter posts earlier today, providing a download link and related instructions for the tool. “The AstraLocker decryptor is for the Babuk-based one using .Astra or .babyk extension, and they released a total of 8 keys,” reads one of the tweets. “The Yashma decryptor is for the Chaos-based one using…

To help meet demand from enterprises that are shifting asset management methods from legacy applications to cloud-based technology,  ERP provider IFS has signed an agreement to acquire Netherlands-based enterprise asset management (EAM) software firm Ultimo. IFS, which is based in Sweden and has customers globally, says that it is acquiring Ultimo because it believes that the company’s SaaS offering can provide high levels of flexibility and configurability for customers. EAM can be considered a subset…

A fake LinkedIn job offer was the reason behind Axie Infinity’s $600m hack, according to a new investigation by The Block. The digital assets-focused outlet said on Wednesday that while the US government attributed the attack to the North Korean hacker group Lazarus, full details of how the exploit was executed had not been disclosed.  The Block said that according to two unnamed people with direct knowledge of the matter, a senior engineer at Axie Infinity named Sky Mavis was…

Only a quarter of the SMBs surveyed by the Cyber Readiness Institute require MFA among employees to sign into applications and devices. Image: THAWEERAT/Adobe Stock Multi-factor authentication is a key security method designed to prevent account takeovers and related threats. By requiring that second form of authentication, MFA attempts to thwart cybercriminals who try to use compromised credentials to access important services, data and other assets. But the use of MFA is still relatively low…

Disneyland’s Facebook and Instagram accounts were taken over on Thursday by a self-proclaimed “super hacker” who posted a series of racist and homophobic posts. Operating under the name “David Do,” the threat actor claimed he was seeking “revenge” on Disneyland employees after some of them had allegedly insulted him. “I am a super hacker that is here to bring revenge upon Disneyland […] Who’s the tough guy now Jerome?” one of the posts read. The…