The latest report from Cisco (NASDAQ: CSCO) reveals a stark reality: only a mere three percent of organizations worldwide possess the necessary level of readiness to combat modern cybersecurity risks effectively. Released today, the 2024 Cybersecurity Readiness Index underscores a notable decline from the previous year, where 15% of enterprises were classified as mature in their cybersecurity readiness.
Seven Chinese nationals are under legal fire, suspected of masterminding an international hacking operation. Imagined to be APT31 Group members, they have allegedly dispatched 10,000 harmful emails, targeting critics of the PRC regime and stealing trade secrets.
In a collective move, three key US security agencies issued an advisory flagging potential cyber threats from Volt Typhoon, a state-backed cyber group noted for planning possible attacks on vital American infrastructure. This group’s activities have raised concerns within vital sectors of industry, including telecommunication, energy, and transportation not only in the US, but also in Canada, the United Kingdom, and New Zealand.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, expands its presence in India with a dedicated 24/7 support center for eligible customers and launch of its leading cloud-native security information and event management (SIEM) platform, LogRhythm Axon. The strategic expansion enables Indian organizations across industry verticals to enhance their cybersecurity maturity as global cyberthreats become more sophisticated and diverse.
First Orion, the leading provider of branded communication solutions for enterprises, announces that the industry’s first real-time out-of-band call authentication solution, INFORM Paired, is now available across all major U.S. carriers. INFORM Paired ensures bad actors cannot impersonate a branded call from a legitimate enterprise and, as a result, reduces the risk of consumers getting scammed.
Telefónica Tech UK&I has taken a significant step forward in strengthening enterprise cyber defenses in the UK and Ireland with the introduction of its NextDefense Managed Security Services (MSS). This move is aimed at offering businesses advanced protection against the constantly evolving cyber threats.
LRQA Nettitude, a leading cybersecurity solutions provider, and LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, are offering managed support for LogRhythm’s cloud-native, security incident and event management (SIEM) platform, LogRhythm Axon.
iboss, the leader in cloud-delivered cybersecurity, has announced a new value-added distribution agreement with Sydney-based Orca Tech in the Australia and New Zealand (ANZ) regions. This collaboration marks a significant step forward in iboss’s mission to bolster its presence in the ANZ market and deliver cutting-edge cloud security solutions to organisations across the region.
A significant increase in Distributed Denial of Service (DDoS) attacks has been reported by Zayo, with the telecommunications sector suffering the most. According to the company’s annual DDoS Insights Report, the past year saw a dramatic rise in both the frequency and severity of these cyber assaults. Businesses found themselves paying an average of £4,700 for every minute under attack, culminating in an average total cost of £325,000.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing platform. e-finance’s customers across critical industries including fintech, government, and healthcare gain access to LogRhythm SIEM to uncover threats, mitigate attacks, and scale their business with confidence.
