NIBS (credit image/Pixabay/ Ryan McGuire)Enterprise Times spoke to the CEOs of MangoPay and Nethone about the acquisition of the fraud detection and protection company by MangoPay. The Irish DPC levied a €265 million fine on Meta Platforms Ireland Limited as Meta continues to suffer from data protection lapses. At re:Invent, Enterprise Times spoke to Mark Ryland, Director, Office of the CISO at AWS and the new Security Lake for OCSF.

Europol

There were four announcements from Europol as it continues its efforts against crime and cybercrime. Europol and the Spanish Civil Guard made 41 arrests disrupting a network linked to food fraud, money laundering and document fraud. The untraceable horse meat was sold in the Spanish, Belgian, German and Italian markets.

The SIRIUS project, a reference for knowledge sharing on cross-border access to electronic evidence, co-implemented by Europol and Eurojust in close partnership with the European Judicial Network, concluded its 2-day 2022 Annual Conference.

Law enforcement agencies from 27 countries* participated in the 13th edition of Operation In Our Sites, a Europol-coordinated operation to take down websites offering counterfeit goods or involved in online piracy. During the operation, 10 search warrants were issued, and 14 people were detained or formally accused of intellectual property crimes.

Europol took down a super cartel that controlled around a third of the cocaine trade in Europe. An operation across Europe and UAE targeted the command-and-control centre and the logistical drug trafficking infrastructure in Europe. A total of 49 suspects were arrested during this investigation.

Noname Security

Noname Security, the most complete, proactive approach to API security, today announced the successful completion of a System and Organization Controls (SOC) 2 / Type II attestation and achieving Cloud Security Alliance’s Security, Trust, Assurance and Risk (CSA STAR) certifications at Levels 1 and 2.

In addition, Noname Security has achieved attestation of compliance with the Health Insurance Portability and Accountability Act (HIPAA) Security Rule and the Health Information Technology for Economic and Clinical Health (HITECH) breach notification requirements and the Payment Card Industry (PCI).

Karl Mattson, CISO at Noname Security, commented, “Noname is proud to receive these certifications, confirming our commitment to maintaining the highest security standard for protecting systems and data in support of our customers. Supporting our customers from a diverse range of industry verticals, it’s imperative that we maintain a high bar across the board.”

Sophos

Sophos announced the general availability of Sophos Managed Detection and Response (MDR) with new industry-first threat detection and response capabilities. It is the first endpoint security provider to integrate vendor-agnostic telemetry from third-party security technologies into its MDR offering. It will provide unprecedented visibility and detection across diverse operating environments. Sophos also introduced the Sophos Marketplace and $1 million Sophos Breach Protection Warranty.

Joe Levy, chief technology and product officer at Sophos, commented, “The only way to reliably detect and neutralize determined attackers who increasingly combine the use of pentesting tools, stolen credentials and other stealthy tactics to manoeuvre undetected is with 24×7 eyes on glass, operating on signals from a diversity of event sources and employing actionable threat intelligence into real-time attacker behaviours.

“Organizations are struggling to keep pace with well-funded adversaries who are continuously innovating and industrializing their ability to evade defensive technologies alone. Sophos MDR can discover and intercept these steps before they result in a data breach, ransomware or other type of costly compromise.

“Sadly, ransomware persists as one of the greatest cybercrime threats to organizations, as evidenced in the Sophos 2023 Threat Report. We’re raising the industry standard for how critical MDR services can be delivered to broaden visibility for better, faster detection and response.”

Sophos also published  “The Reality of SMB Cloud Security in 2022.”, a report based on a survey of nearly 5,000 IT professionals. The survey found that, among infrastructure as a Service (IaaS) users, 56% experienced an increase in the volume of attacks on their organization compared to the previous year, and 67% were hit by ransomware. In addition, 59% experienced an increase in the complexity of attacks.

Trustwave

Trustwave revealed that it is developing gamification techniques in a training program across Australia and Asia. The Capture the Flag challenges aim to elevate skillsets and build camaraderie among cybersecurity teams. It is also hoped that it will attract new and diverse talent to the field.

Nigel Hardy, state director cyber advisory, Trustwave, said, “It is important to focus on training tactics that help upskill people of all technical abilities, from entry-level to the most experienced specialists. For instance, beginner-level games should focus on participants’ ability to analyse systems they may not be familiar with, perform research, and find ways of identifying and exploiting vulnerabilities to achieve the defined goal.

“The games designed for more senior specialists may use exploitation of chained vulnerabilities, reverse engineering, programming, and cryptographic skills to test the participant’s advanced skill levels. The challenges encourage participants to build cross-skilled teams and drive collaboration.”

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