CYBER INSIGHTS: Wednesday 08 May 2024 – Today’s SME Cybersecurity News & Intelligence – CYBERInsights Small Business Cybersecurity News

Gibraltar: Wednesday 8th May 2024 at 07:00 CET

CYBER INSIGHTS: The Latest SME Cybersecurity News & Intelligence …
Written & Curated By Iain Fraser – Cybersecurity Journalist,
IainFRASER.net/CYBERInsights
SME Cyber Insights
Google Indexed on 080524 at 07:50 CET

#SMECyberInsights #SMECybersecurityNews #AI #Phishing #BigTech #Phishing

Welcome to Today’s Edition of CYBERInsights – My Daily Roundup of the Latest European SME Cybersecurity News including: 1). AI Powered Phishing 2). Big tech 3). What is Phishing?

1). AI: 60% INCREASE IN AI POWERED PHISHING ASSAULT – Latest Report Reveals Rapidly Evolving Phishing Landscape, underlining the need to adopt a Zero Trust Architecture with a 60% Increase in AI-Driven Phishing Attacks according to Cloud Security leader ZScaler – “Vishing” (Voice Phishing) and Deepfake attacks on the increase with the finance and insurance industry faced 27.8% of overall phishing attacks.

2). BIG TECH: EU Targets Big Tech in Digital Markets Act Investigation – The European Commission has launched a non-compliance investigation under the Digital Markets Act on a group of so called “Big Tech” firms including Google Play and Apples App Store. The Commission suspects that the measures put in place by these gatekeepers fall short of effective compliance of their obligations under the Digital Markets Act.

3). KPI: What is Phishing? Phishing, a deceptive cybercrime technique, and poses a significant threat to SMEs globally, impacting them financially and operationally. SME’s are particularly vulnerable to Phishing attacks due to their limited resources and often inadequate cybersecurity measures. Cybercriminals exploit the lack of sophisticated IT security infrastructure in SMEs to launch successful Phishing campaigns, leading to substantial financial losses and reputational damage.

ABOUT IAIN FRASER – I am a Gibraltar based, Accredited Journalist, (*NUJ, IFJ & ONA) Authority Writer, Industry Influencer & Commentator on all aspects of Cybersecurity [Awareness, Threat Management, Best Practice Compliance & Mitigation] and report throughout Europe.

I also cover the sectors where I have either operational experience or subject matter expert knowledge including: Geopolitics esp. Geocrime, Defence Technology, AI, Autonomous Transport & National Security and contribute to a broad range of European facing news channels, blogs and digital magazines as either Guest Feature Writer, Columnist or Consultant Editor. Email: [email protected] | LinkedIn Bio: IainFraserJournalist

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Cybersecurity Journalist - Iain Fraser

Gibraltar based Professional Journalist, Accredited Authority Writer, Commentator & Publisher working on all aspects of SME (Small, Medium Sized Enterprises) Cybersecurity Threat Intelligence, Best Practice Compliance & Mitigation. Voted Top 30 Cybersecurity News Websites Globally in 2023 for Information Security by Feedspot #CyberJourno #Scambaiter - Available for Assignments - Articles, Web Content, Guest Blogger
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