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Tag: Picus Security


Picus Security simulation analysis shows only 6/10 cyber-attacks prevented

Cybersecurity

Picus Security simulation analysis shows only 6/10 cyber attacks prevented

August 9, 2023SSN Staff

SAN FRANCISCO – Picus Security has used its pioneering Breach and Attack Simulation (BAS) technology to run over 14 million simulated attacks, and in a published report has noted four “impossible tradeoffs” for security teams. According to the analysis performed by Picus Security, only 6 out of every 10 cyber attacks are prevented statistically by organizations. Trying to shore up defenses against these kinds of attacks put cybersecurity teams in a situation where they must...

Black Hat, Breach and Attack Simulation (BAS), continuous threat exposure management (CTEM), Cybersecurity, Picus Security, Security, Suleyman Ozarslan, tactics, techniques and procedures (TTPs)


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Fintech company Revolut plagued by security issues

Cybersecurity

Fintech company Revolut plagued by security issues

July 12, 2023Ken Showers, Managing Editor

LONDON – It’s been a tough week for global neobank and fintech company Revolut as it deals with the fallout of both a system flaw and cybersecurity data breach. A flaw in the banking entity’s U.S. payment system allowed criminals to steal as much as $20 million in funds over a span of several months in 2022. According to reporting by the Financial Times the incident has yet to be publicly disclosed and is the latest setback for the company as it struggles to obtain its banking...

Banking, Cybersecurity, data breach, fintech, Mikko Salovaara, Picus Security, Revolut, Suleyman Ozarslan


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ScanSource experiences Ransomware attack as CISA issues advisory

Cybersecurity

ScanSource experiences ransomware attack as CISA issues advisory

May 17, 2023Ken Showers, Managing Editor

GREENVILLE, S.C. – ScanSource, Inc., a hybrid distributor connecting devices to the cloud, announced that it was affected by a ransomware attack that impacted some of its systems. The company discovered the intrusion on May 14, 2023, and immediately launched an investigation into the attack while implementing its Incident Response Plan. In the company’s official release, ScanSource said it is actively managing the incident and are taking steps toward remediation. “The...

Australian Cyber Security Centre (ACSC), BianLian, Cybersecurity, Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), Hüseyin Can Yuceel, Picus Security, Ransomware, ScanSource


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Also Noted

Picus Security announces launch of new validation platform

November 11, 2022SSN Staff

SAN FRANCISCO – Picus Security has announced the availability of its new, next generation security validation technology platform. The Picus Complete Security Validation Platform improves on the company’s Breach and Attack Simulation (BAS) method and provides ease of use to remove any barrier of entry for security teams looking to utilize the platform. Any size organization can automatically validate security controls performance, find high risk attack paths to critical assets, and...

Breach and Attack Simulation (BAS), H. Alper Memis, Picus Security, security operations center (SOC), security validation, Volkan Erturk


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