DAILY CYBER INSIGHTS: The Latest SME Cybersecurity News & Intel for Thursday, 22 February 2024

Thursday, 22 February 2024

DAILY CYBER INSIGHTS:
The Latest SME Cybersecurity News & Analysis for Thursday, 22 February 2024
Written & Curated By Iain Fraser – SME Cybersecurity Journalist
IainFRASER.net/CYBERInsights
Daily Cyber Insights
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Good Morning from Gibraltar | Todays CYBERInsights – 

1. RANSOMWARE: OPERATION CRONOS – A Multi-jurisdiction Law Enforcement group have severely “disrupted” LockBit the worlds largest Ransomware outfit. While the OCG has not been entirely eradicated the takedown by law enforcement from 10 countries is a significant breakthrough
in the fight against Cybercrime by disrupting the criminal infrastructure at every level. Learn More /…

2. CLOUD SECURITY: Navigating Cloud Security for European SMEs – When it comes to procuring cloud services, SMEs in Europe face various security risks and opportunities. One of the key security risks is ensuring compliance with data protection legislation and authorities. This is crucial for SMEs to avoid potential legal and regulatory issues when handling sensitive data in the cloud. Learn More /…

3. FRAUD: Experian releases its Future of Fraud Forecast for 2024. According to the report close to 70% of businesses reported that Fraud in their business had increased in recent years. The latest report also identifies five emerging Fraud risks for the year ahead. Scammers are also presenting increasingly sophisticated technology including Generative AI to dupe their targets. Learn More /…