Cybersecurity leaders expect their security operations center (SOC) budgets to grow by up to 20% over the next two years, with the average annual SOC budget currently standing at $14.6 million, according to a survey conducted by KPMG.

Organizations are increasingly using AI-powered measures to address the rise in cloud security incidents, as traditional tools struggle to keep up with rapid technological advancements and sophisticated cyber threats.

The FCC is proposing to mandate that broadband providers develop BGP security plans and document their use of the Resource Public Key Infrastructure (RPKI) security framework.

As per cybersecurity insurance firm At-Bay, remote-access tools, particularly self-managed VPNs from Cisco and Citrix, were the primary intrusion point for most ransomware attacks in 2023, accounting for over 60% of incidents.

The vulnerability can be exploited on multi-user machines, where an attacker can prepare a local repository to look like a partial clone that is missing an object, causing Git to execute arbitrary code during the clone operation.

Two brothers, Anton Peraire-Bueno and James Pepaire-Bueno, were arrested for allegedly manipulating the Ethereum blockchain and stealing $25 million worth of cryptocurrency within approximately 12 seconds in a “first-of-its-kind” scheme.

The Personal Internet Protection (PIP) service aims to provide an additional layer of security to individuals at “high-risk” of cyberattacks like spear-phishing, malware and other threats, ahead of the upcoming election year.

Google is adding new anti-theft and data protection features for Android, including AI-powered screen locks, remote locking, and improved factory reset protection to secure users’ data if devices are lost or stolen.

Palo Alto Networks is acquiring IBM’s QRadar cloud security software assets and migrating existing customers to its own Cortex XSIAM platform, as part of a broader partnership that will give Palo Alto access to consultants and a larger customer base.

The Biden administration plans to have consumer devices labeled with the U.S. Cyber Trust Mark on store shelves by the end of 2024, to help consumers understand security and encourage manufacturers to include basic digital defenses.