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BOSTON--()--Last month, the Identity Theft Resource Center (ITRC) reported that the overall number of publicly reported data breaches in 2022 remained at a steady high (1,802 incidents), coming up just shy of the record-high of 1,862 incidents reported in 2021. Further analysis of the ITRC data by Sontiq, a TransUnion company, reveals the number of entities compromised by those 2022 breaches reached 3,495* — nearly twice the number of publicly reported breaches.

The recent ransomware attack on Ion servers has caused significant disruptions and raised concerns about the vulnerability of critical infrastructure in the digital world. The attack highlights the need for organizations to adopt proactive measures to secure their networks and protect against cyber threats as the gang that attacked ION Trading UK's systems last week says that the firm has paid a ransom.

As businesses increasingly rely on software as a service (SaaS) to streamline their operations, it is crucial to secure these cloud-based platforms to prevent data breaches and protect sensitive information. In this article, we will explore how to secure your SaaS stack using Adaptive Shield, a cutting-edge security solution that offers comprehensive protection for your SaaS environment.

WhatsApp, the world's leading messaging platform, has been hit with a €5.5m ($5.9m) fine for violating the General Data Protection Regulation (GDPR) by Ireland’s Data Protection Commission (DPC). The consequences of these violations have raised concerns about the privacy and security of user data.

When it comes to protecting your business from cyber threats, it's essential to think like a hacker. While traditional security approaches focus on detecting and blocking known threats, proactive security measures focus on anticipating and neutralizing future threats. By understanding the methods and tactics that hackers use to gain access to your systems and data, you can identify the gaps in your IT security posture and take steps to close them.

The accounts of 34,942 PayPal users were hacked between the 2nd and 6th of December 2022 by unauthorised parties through a credential stuffing attack. Hackers potentially gained access to customers’ personal data, including their name, address, date of birth, tax ID number, and social security number.

Security researchers are warning about the Godfather, an Android banking Trojan that has targeted the users of more than 400 apps.

Source: McKinsey

As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs, expanded network coverage, and a young, fast-growing, and rapidly urbanizing population.

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