The digital transformation has significantly enhanced efficiency within the financial sector, but not without elevating the cyber risk landscape. Recent findings by the International Monetary Fund (IMF) reveal a stark reality: cyberattacks have more than doubled since the pandemic, spotlighting the financial sector’s vulnerability due to its handling of sensitive data and transactions. Companies have faced enormous […]

As the impact of the open-source software (OSS) community continues to expand, comprehending the interplay between OSS practices and cyber security standards has become paramount. Recentlythe Open Source Security Foundation (OpenSSF) and the National Institute of Standards and Technology (NIST)  established the roadmap for collective efforts toward enhancing open-source software security. This blog will explore the forward strides

In today’s digital age, cybersecurity has become a priority for businesses, as cyber attacks can damage their economy and reputation. According to Check Point, 71% of businesses were victims of ransomware attacks in 2023, with an average payout of $4.35 million. Employees are the first link in the cybersecurity chain and the most vulnerable entry

The realm of cyber security is an ever-evolving battlefield. As we step into 2024, the shadows of 2023’s massive cyber threats still loomed, setting a precedent for what was to come. The first quarter of 2024 has seen an intriguing shift in the landscape of cyber attacks, both in frequency and in the nature of