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Why DSPM is Essential for Achieving Data Privacy in 2024

Security Affairs

Building upon the same concept, GigaOm rolled out its first-ever DSPM vendor evaluation report, defining DSPM as a tool that offers “visibility into where sensitive data is, who has access to it, and how it is being used. Consequently, organizations face various security, governance, privacy, and compliance risks.

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Feds Seize LockBit Ransomware Websites, Offer Decryption Tools, Troll Affiliates

Krebs on Security

Instead of listing data stolen from ransomware victims who didn’t pay, LockBit’s victim shaming website now offers free recovery tools, as well as news about arrests and criminal charges involving LockBit affiliates. The DOJ today unsealed indictments against two Russian men alleged to be active members of LockBit.

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Canada Gov plans to ban the Flipper Zero to curb car thefts

Security Affairs

The Canadian government is going to ban the tool Flipper Zero because it is abused by crooks to steal vehicles in the country. The Canadian government announced that it plans to ban the tool Flipper Zero , and similar hacking devices, to curb the surge in car thefts. And Canadians are rightfully worried.

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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

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The Financial Dynamics Behind Ransomware Attacks

Security Affairs

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. In fact, the cost to victims from ransomware attacks is estimated to reach $265 billion (USD) annually by 2031.

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LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations

The Last Watchdog

In a world of interconnected services, GenAI-driven tools, and continuously new and novel emerging threats, full disclosure is not always practical or even possible. Despite having an army of tools, they have huge visibility gaps over increasingly complex IT environments. Addressing this root cause must be a priority.

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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

. “PIONEER KITTEN tradecraft is characterized by a pronounced reliance on exploits of remote external services on internet-facing assets to achieve initial access to victims, as well as an almost total reliance on open-source tooling during operations.” ” reads the report published by Crowdstrike.

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