Financial Operations (FinOps) is becoming more relevant than ever when I&O organizations that are moving towards cloud. When moving towards a cloud operating model it is necessary to provide the consumers of the platform with the right information when it comes to the associated cost of the consumed services. This is where FinOps comes into play. FinOps is the part that deals with Cloud Financial Management. It is a cultural practice that makes sure that…

New research by the University of Georgia suggests the existence of a link between excessive social media use and cyberbullying behavior in teens.  A study led by principal investigator Amanda Giordano, an associate professor in the UGA Mary Frances Early College of Education, found that teens with higher social media addiction scores, who spent more hours online, were more likely to engage in cyberbullying.  Cyberbullies, who carry out behavior such as personal attacks, harassment or discriminatory behavior, spreading…

A cyber attack has disrupted the Australian Channel Nine’s live broadcasts, the company was unable to transmit its Sunday morning news program. A cyber attack has hit the Australian Channel Nine’s live broadcasts causing the disruption of its operations. The broadcaster was unable to air its Sunday morning news program, which runs from 7:00 am to 1:00 pm from Sidney. The 5:00pm news program, which is transmitted from Melbourne, did not go to air too. “We wish…

The various threat intelligence stories in this iteration of the Anomali Cyber Watch discuss the following topics: BlackKingdom, Chrome Extensions, Microsoft, REvil, PurpleFox, Phishing, and Vulnerabilities. The IOCs related to these stories are attached to Anomali Cyber Watch and can be used to check your logs for potential malicious activity. Figure 1 – IOC Summary Charts. These charts summarize the IOCs attached to this magazine and provide a glimpse of the threats discussed. Trending Cyber…

Greater nation state collaboration is required to tackle the growing threat of cybercrime, according to panellists speaking during a session at the LORCA Live online event. Troels Oerting, former head of World Economic Forum’s (WEF’s) Centre for Cybersecurity, firstly outlined the relevance of cybersecurity to the WEF’s ‘Great Reset’ agenda, which advocates a global approach to tackling the world’s problems, such as inequalities. He noted it is estimated that 80% of the unwanted activity on…

New research has found that the age of a ransomware victim may affect their willingness to pay for the recovery of their data.  A study by cybersecurity company Kaspersky found that while 65% of victims aged between 35 and 44 paid their attackers for a decryption key, only 11% of victims aged 55 and over, and 52% of victims aged 16 to 24, gave in to ransom demands.  The Kaspersky Consumer IT Security Risks Survey (Consumer ITSR) interviewed a…