Threat Intelligence Blog

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Black Arrow Cyber Threat Briefing 10 March 2023

Black Arrow Cyber Threat Briefing 10 March 2023:

-Business Email Compromise Attacks Can Take Just Hours

-Research Reveals ‘Password’ is Still the Most Common Term used by Hackers to Breach Enterprise Networks

-Just 10% of Firms Can Resolve Cloud Threats in an Hour

-MSPs in the Crosshair of Ransomware Gangs

-Stolen Credentials Increasingly Empower the Cyber Crime Underground

-It’s Time to Assess the Potential Dangers of an Increasingly Connected World

-Mounting Cyber Threats Mean Financial Firms Urgently Need Better Safeguards

-Developers Leaked 10m Credentials Including Passwords in 2022

-Cyber Threat Detections Surges 55% In 2022

-European Central Bank Tells Banks to Run Cyber Stress Tests after Rise in Hacker Attacks

-Employees Are Feeding Sensitive Business Data to ChatGPT

-Is Ransomware Declining? Not So Fast Experts Say

-Preventing Corporate Data Breaches Starts With Remembering That Leaks Have Real Victims

-Faced With Likelihood of Ransomware Attacks, Businesses Still Choosing to Pay Up

-Experts See Growing Need for Cyber Security Workers as One in Six Jobs go Unfilled

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Cyber Security Must be Owned by the Board - ICAS Magazine February 2023

Often a Finance Director or Chief Financial Officer has responsibility for the biggest risk to the organisation’s survival, when cyber security is nestled within IT in their reporting structure. The risks are high when the FD/CFO does not have the specialist guidance and knowledge in cyber security to lead the Board in exercising strong governance. Our co-founder Bruce McDougall CA and experienced cyber security specialist talks with the editor of CA Magazine from ICAS - The Professional Body of CAs about how fellow finance leaders can help avoid the catastrophic effects of a cyber security incident.

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