How IBM and AWS are driving innovation in the cloud [Q&A]

Businessman working with a Cloud Computing diagram

As we reported at the end of last year, IBM and AWS have extended their collaboration, making IBM software products available as Software-as-a-Service (SaaS) on the AWS Marketplace.

We spoke to Judah Bernstein, CTO, AWS strategic partnership at IBM, to find out more about how the collaboration works and what it means for customers and Ecosystem partners.

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Payment fraud gets democratized as cybercriminals target consumers via social media

eCommerce - online card payment

According to a new report, 17 percent of consumers have encountered online offers to commit payment fraud, a symptom of fraud's increasing accessibility and democratization among everyday internet users.

What's more the study from Sift shows 16 percent of consumers admit to having committed, or knowing of someone who has taken part in, payment fraud.

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Threat actors turn to QR codes and other creative techniques as macros are blocked

QR code

The default blocking of macros in MS Office is forcing threat actors to be more creative with their attack methods, according to the latest report from HP Wolf Security.

There have been increases in the levels of malware delivered in PDFs and zip files, as well as a rise in 'scan scams' using QR codes to trick users into opening links on mobile devices.

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UK government loses hundreds of IT devices

Enter button with United Kingdom Flag

UK government departments are losing hundreds of devices each year according to Freedom of Information (FoI) requests submitted by encrypted drive manufacturer Apricorn.

The Home Office declared 469 lost and stolen devices between September 2021 and September 2022, with the Ministry of Defence not far behind with 467 mobiles, tablets and USB devices unaccounted for.

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Lockbit ransomware victims more than double in February

ransomware laptop

The Lockbit ransomware group claimed 129 victims in February, more than double the 50 that was reported in January.

The latest ransomware report from GuidePoint Security shows that another RaaS group, AlphV, also significantly increased its reported monthly victim count from 20 to 31.

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Humans write better phishing emails than AI

robot keyboard

There's been a fair bit of hype recently surrounding the potential for ChatGPT and similar tools to be used for creating phishing campaigns, eliminating the typos and other errors that are the giveaways of a scam.

However, new research from Hoxhunt suggests that AI might not be quite so good at going phishing after all.

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Mid-sized businesses lack cybersecurity expertise

Missing Puzzle Pieces

A new study reveals that 61 percent of mid-sized businesses don't have dedicated cybersecurity experts in their organization.

The research from managed security platform Huntress also shows 24 percent of mid-sized businesses have suffered a cyber attack or are unsure if they have suffered a cyber attack in the past year.

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Zero Trust Authentication aims to boost security

zero trust

Growing numbers of cyberattacks have highlighted the shortcomings of passwords and legacy multi-factor authentication systems.

Beyond Identity today launches Zero Trust Authentication, which has been developed in response to the failure of traditional authentication methods. It includes components such as Beyond Identity's risk scoring and continuous authentication capabilities to significantly enhance the level of protection offered.

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The challenge of securing APIs [Q&A]

api

Technology continues to advance at an unprecedented rate. The development and use of Application Programming Interfaces (APIs) being a particularly notable example.

The latest Salt Labs State of API Security report found that overall API traffic increased 168 percent over 12 months, with API attack traffic increasing by 117 percent in the same time period. Perhaps understandably, many CISOs are struggling to keep up.

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Google Workspace gains generative AI

Google sign

Generative AI is very much flavor of the month at the moment thanks to tools like ChatGPT. Now business tool Google Workspace is getting in on the act with new features to help users create drafts, proofread, generate images and more.

Initially the new AI features will be in Docs and Gmail. The company is keen to stress that users will remain in control, AI will make suggestions that you're able to accept, edit, and change.

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New platform helps uncover vulnerable secrets

Code problem

Complex software today includes components that rely on digital authentication credentials commonly referred to as secrets, which include tools such as login credentials, API tokens, and encryption keys. While critical for the software to function, managing secrets across every component of code is a challenge that can result in secrets being left vulnerable.

Supply chain security company ReversingLabs is launching a new secrets detection feature within its Software Supply Chain Security (SSCS) platform.

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95 percent of business leaders expect AI/ML investments to boost revenue

Futuristic robot artificial intelligence concept.

A new survey of 100 chief data officers (CDOs) and chief data analytics officers (CDAOs) at companies with $1B+ in revenue shows that 95 percent say their company leadership expects investments in AI and ML applications will result in a revenue increase.

The study for Domino Data Lab, carried out by Wakefield Research, shows 67 percent are adopting a more offensive data policy seeking to drive new business value with analytics, ML and AI applications.

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Consumers turn to biometrics as they struggle to remember passwords

Forgotten password

People are struggling to recall an ever-growing number of passwords, with 51 percent of respondents to a new study by Entrust saying they reset a password at least once a month because they can't remember it.

Even more alarming, 15 percent of users who responded reset passwords at least once a week. It's no surprise then that given the option between biometrics or a password, 74 percent of respondents will choose biometrics half the time or more and a third will always choose biometrics when available.

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Want cheap broadband? Head for Sudan

Sudanese business man in traditional outfit using mobile phone in office

Analysis of data on over 3,700 broadband packages from 219 countries around the world shows that if you want the cheapest deal you should consider moving to Sudan.

The study by Cable.co.uk shows Sudan offers the world's cheapest broadband, with an average cost of $2.30 per month. By contrast another African nation, Burundi, is the most expensive place in the world to get fixed-line broadband, with an average package price of $383.79 per month.

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Over 700 million credentials exposed and 22 million devices infected in 2022

Hacker

The latest Identity Exposure Report from SpyCloud shows that last year its researchers recaptured 721.5 million exposed credentials from the criminal underground, and found over 22 million unique devices infected by malware.

Of the exposed credentials recovered by SpyCloud, roughly 50 percent came from botnets, tools commonly used to deploy highly accurate information-stealing malware. These infostealers enable cybercriminals to work at scale, stealing valid credentials, cookies, auto-fill data, and other valuable information to use in targeted attacks or sell on the darknet.

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