Tag: Cyber Security

Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it has completed the acquisition of Lacework, a cloud security and cloud-native application protection platform (CNAPP) trailblazer, effective August 1, 2024.

“The addition of Lacework aligns with Fortinet’s commitment to protect our customers with innovative solutions that provide consistent security across on-premises and cloud environments,” said Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet. “Integrating Lacework’s organically developed cloud-native platform with the Fortinet Security Fabric will result in the most comprehensive, full-stack AI-driven cloud security platform available from a single vendor.”

Like Fortinet, Lacework is an innovation-first company that has invested significantly to build, from the ground up, an integrated cloud security solution that adds meaningful value to customers. Lacework has been recognized for its leading technology by industry analysts and was recently named a representative vendor in the 2024 Gartner Market Guide for Cloud-Native Application Protection Platforms.1 In addition to advanced technology, Fortinet has gained a portfolio of 225 patents and applications, many related to cloud security and artificial intelligence, which reflects the innovation focus and will bring Fortinet’s global patent and application count to over 1,800, estimated to be more than the nearest three pure-play security vendors combined. This acquisition also brings an experienced sales team and a talented group of engineers whose expertise will be instrumental in delivering industry-leading solutions to Fortinet’s customers.

Read Full News @ https://ai-techpark.com/fortinet-completes-acquisition-of-lacework/

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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS attack protection solutions, today introduced its new suite of Business Edge Observability products, including the nGenius Edge Sensor and Remote InfiniStreamNG solutions to deliver IT observability for remote locations at the digital edge. As the prevalence and importance of mission-critical applications and services expand at remote sites, like retail stores, manufacturing facilities, banks, utility companies, hospitals, and government offices, proactive, deep-dive observability is more critical in reducing business risk.

Recent research from the Uptime Institute points to the painful costs of outages. 16% of respondents stated their most recent outage cost more than $1 million, and 54% said costs exceeded $100,000, reinforcing the need for automating IT operations so mission-critical applications and data can be available locally.

“With the rise of edge computing, IoT solutions, front-line interactions, perimeter threats, and hybrid workers, detailed visibility into remote resources, exchanges, and application experiences is more critical than ever,” said Mark Leary, research director, network analytics and automation, IDC. “Key functions such as scalable deep packet inspection and synthetic transaction testing provide comprehensive views and valuable control mechanisms for the digital infrastructure, bolstering operational efficiency, worker productivity, customer satisfaction, security posture, and, ultimately, financial performance.”

Read Full News @ https://ai-techpark.com/netscout-expands-it-observability-for-the-digital-edge/ 

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Rise of Low-Code and No-Code

In an era where digital security is paramount, the persistent reliance on passwords remains a significant vulnerability for enterprises globally. FIDO 2.0 emerges as a timely solution, reimagining credential authorization using available technologies.

Legacy credential systems, rooted in the Internet 1.0 era, increasingly expose organisations to sophisticated AI-backed cyber threats. The 15% increase in attacks against Indian organisations, now averaging 2,138 attempts per week, can largely be attributed to these poorly secured credentials. As companies and industries continue to thrive throughout India and the region, security teams benefit from implementing new credential approaches, such as FIDO 2.0 stands from the very implementation of their networks.

Despite CISOs and cybersecurity practitioners’ efforts in network security, advanced authentication implementation, and staff training on cyber hygiene, it still only takes a single breach to bring operations to a halt.

Changing the credentials status quo

Despite diverse authentication methods, the prevalent use of alphanumeric codes for logins continues to compromise organisational security.

Recent years have particularly highlighted these faults in the Asia Pacific region. This has resulted in:

This goes beyond the financial and personal burden put on people as they try to understand if their information is compromised.

In the past, these attacks were successfully conducted by identifying a vulnerability within a system and exploiting it using relevant tactics. However, today companies face two main threats, phishing attacks and device compromise.

Device compromise

Organisations permitting remote work or personal device use face an additional security layer– unfamiliar devices.

IT operators have always struggled to identify and approve all devices on a network– again relying on usernames, passwords, and perhaps some other alphanumeric authentication technique. The danger lies in the possibility that these two-factor authentication methods may also be compromised alongside user credentials.

Adding to the compilation, single sign-on has grown in popularity, but if a user is compromised, so too are their profiles created across all the tools that they have given access to the single point. Even with examples of organisational approved SSO with a secure environment, no matter how secure those APIs and authentications are, if the front door is still secured with a username, password, and alphanumeric authentication then the risk is still ever-present

To Know More, Read Full Article @ https://ai-techpark.com/revolutionizing-security-fido-2-0/ 

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Artificial Intelligence (AI) has been developing at a rapid pace and has been integrated into a growing number of applications across every industry. AI continues to widen its capabilities to assist in a variety of daily tasks but, as can be expected with any Internet-based technology, AI also has a dark side. As cyberattacks have grown in volume and complexity over the last few years due to Covid-19, what could cybersecurity and AI look like going forward? If you want to know more about how Covid-19 affected cybersecurity, check out our blog “Cybersecurity in the post Covid-19 world.”

Preserving Privacy Around Artificial Intelligence

The cost of implementation for these types of integrated AI systems can be very high, making it an unattainable option for smaller businesses. Unfortunately, on the threat front, cybercriminals can use AI to devise and launch increasingly more complex cyber attacks. A study from 2023 by Blackberry stated that 51% of IT decision makers believe there will be a successful cyberattack credited to ChatGPT within the year.

Some malware architects have used AI to recreate malware strains and techniques described only in research publications, introducing an entirely new level of cyberattacks. For example, Chat GPT has successfully written functional malware that is capable of stealing sensitive files, encrypting hard drive content, and more. While this malware is not yet sophisticated, the speed and scale at which it can be produced is alarming. Additionally, other AI models have the capability to make attacks even more sophisticated by impersonating the voices of people and demanding money transfers. We can expect to see more attacks that are highly targeted social engineering attacks. Cybersecurity experts also state that AI-created deep fakes are finding ways to bypass biometric authentication, thus gaining access to protected systems.

We are still in the early stages of AI. These AI integrated systems need to be constantly monitored as they are far from perfect and can be prone to errors and biases. But it is clear AI products will continue to improve with time. When AI is used for corporate purposes, it is important that businesses which incorporate these AI systems ensure the technology is used for ethical purposes. These AI systems must be monitored to prevent them from being engineered to act against the corporate assets, and are not used to invade user privacy or circumvent traditional security measures – the  double-edged sword when it comes to security. While AI can provide benefits in threat detection and response capabilities, it can also pose a significant threat – be sure that your data is protected.

Simplify your data security needs. Encryptionizer is easy to deploy. It is a cost-effective way to proactively and transparently protect your sensitive data that allows you to quickly and confidently meet your security requirements. With budget considerations in mind, we have designed an affordable data security platform that protects, manages, and defends your data, while responding to the ever changing compliance requirements.
To Know More, Read Full Article @ https://ai-techpark.com/impact-of-artificial-intelligence-on-cybersecurity/

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The shopping season has approached, and customers are already planning their holiday splurges for the end of the year. If you are one of those 334 million Americans who are going to be part of Black Friday and Cyber Monday, you might want to take a glance at your emails and discount links for more details about the retail and e-commerce stores and make a shopping list before the sale.

However, all these moves are frequently being tracked by criminals to get your information and benefit themselves. There are numerous ways that cybercriminals take undue advantage of these rush hours, from spam, and clickbait to duping URLs, and one wrong move may put your valuable information in the wrong hands.

In today’s article, let’s focus on the best practices that customers can use to defend themselves from common cyber threats and other malicious activities.

Check Twice Before Giving Out Credit Card Information

Credit card information can be stolen in several ways by cybercriminals during this festive season.

Here are a few things you must check before giving your credit card information:

Read for customer reviews and double-check the URL before making any online payments.

According to global sources, around 65% of users face irregular pop-up purchases while using credit cards or other modes of e-payment. Take note of how much personal information you are providing to any website before checking out.

Don’t Shop on Hotspots

Even though open hotspots are free and easy to use, customers should be aware of safety and security before connecting to the public Wi-Fi network.

Avoid shopping on public Wi-Fi networks, like in airports, coffee shops, or shopping malls. Open hotspots are extremely dangerous, as it is the perfect time for hackers to get into your PC, tablet, and mobile devices.

Hackers generally use open hotspots to intercept communications between you and the connection point, so instead of interacting directly with the hotspots, you send your information to the hacker.

It is always recommended to use a VPN (virtual private network) service, which creates a secured and private tunnel between your device and open hotspots.

Gone are those days when you had to stand in long queues to shop and get your billing processes done. Today, times have changed and the last few decades have witnessed a drastic change in the way we shop. Globally, we have entered the world of digitization, where everything from shopping to checking works on artificial intelligence (AI) and machine learning (ML), and you can get your package delivered to your home in just a few clicks.

For secure online shopping, you need to simply follow the above best practices that will make your shopping experience stress-free and smooth as butter.

To Know More, Read Full Article @ https://ai-techpark.com/avoid-being-a-victim-of-black-friday/ 

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