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In today’s hyper-connected financial ecosystem, a single compromised vendor can jeopardize the security of an entire banking infrastructure. CloudSEK’s SVigil platform uncovered exposed credentials belonging to a key third-party communication provider, putting millions in operational credit, sensitive customer data, and critical cloud infrastructure at risk. This real-time discovery not only thwarted a large-scale breach but also highlighted glaring gaps in cloud access controls, MFA implementation, and vendor security hygiene. Dive into this case study to understand how SVigil turned a potential cyber catastrophe into a story of resilience and rapid response.
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CloudSEK has identified an increase in cyber threats targeting the banking sector in 2022, as compared to the same period in 2021.
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XVigil’s Fake Customer Care Number module scours the internet for fake customer care numbers. In this report, CloudSEK researchers have analyzed a sample of ~20,000 Indian mobile numbers used by threat actors, to run such customer care scams.
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Data from CloudSEK reveals that the number of cyberattacks against the healthcare industry has increased by 95.34% in the first 4 months of 2022 as compared to the number of cyberattacks in 2021 during the same period. A total of 34.14% of this increase can be attributed to the USA alone.
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In 2022, CloudSEK’s TRIAD identified several incidents, especially targeting banking customers, and released advisories to inform the affected SaaS companies and the public. As this trend continues, we recommend that SaaS companies and consumers stay alert to these tactics in 2023 as well.
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