Cloud security in the era of artificial intelligence

AI and machine learning (ML) have revolutionized cloud computing, enhancing efficiency, scalability and performance. They contribute to improved operations through predictive analytics, anomaly detection and automation. However, the growing ubiquity and accessibility of AI also expose cloud computing to a broader range of security risks. Broader access to AI tools…

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The top 10 API security risks OWASP list for 2023

As more organizations rely on the automation and scale that web applications and connected services provide, application programming interface (API) security has become imperative. In just the last year alone, unique attackers targeting customer APIs grew by 400%, proving that organizations must take a proactive approach to secure these increasingly…

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BlotchyQuasar: X-Force Hive0129 targeting financial institutions in LATAM with a custom banking trojan

In late April through May 2023, IBM Security X-Force found several phishing emails leading to packed executable files delivering malware we have named BlotchyQuasar, likely developed by a group X-Force tracks as Hive0129. BlotchyQuasar is hardcoded to collect credentials from multiple Latin American-based banking applications and websites used within public…

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Crypto fraud in 2023: How can security teams fight

Hackers stole $4.3 billion worth of cryptocurrency in 2022, making it the worst year on record for crypto fraud. While the government pushes for regulation in the digital coin market, cryptocurrency remains a volatile industry and a risky bet for investors and financial institutions. While decentralized finance (DeFi) aims to…

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