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As cyber threats are evolving at an alarming rate, organizations across industries face increasing risks from cyberattacks, ransomware, and data breaches. However, as cyber threats become more sophisticated, the cybersecurity workforce responsible for defending against them is struggling to keep up. According to the International Information System Security Certification Consortium (ISC2) 2024 Cybersecurity Workforce Study,...
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Cyber threats continue to evolve, with Ransomware as a Service (RaaS) and Malware as a Service (MaaS) emerging as sophisticated business models for cybercriminals. These services lower the barrier to entry for attackers, allowing even individuals with minimal technical knowledge to launch devastating cyberattacks. As cybercrime becomes more accessible and scalable, organizations must proactively enhance...
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The Network and Information Security Directive 2 (NIS2) is the European Union’s (EU) updated framework aimed at strengthening cybersecurity resilience across critical sectors. Building on the original NIS Directive (2016), it imposes stricter requirements for risk management, incident reporting, and regulatory oversight. As the transposition deadline nears, organizations must ensure compliance to mitigate risks and...
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Understanding Article 60 of MiCA The Markets in Crypto-Assets (MiCA) Regulation introduces notification requirements for financial entities seeking to provide crypto-asset services in the European Union. Under Article 60, entities must submit a detailed notification that includes key ICT and cybersecurity documentation, ensuring compliance with DORA (Digital Operational Resilience Act) and other regulatory frameworks. At...
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Whether mandated by regulations or driven by a voluntary commitment to excellence, companies of all sizes and industries must prioritize information security and cybersecurity to protect their assets, data, and reputation. Why Security Matters Beyond Regulatory Obligations While some businesses are required by law to implement cybersecurity frameworks, others may operate in jurisdictions without specific...
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Konkrit Solutions is thrilled to announce our participation in the upcoming iFX EXPO in Dubai, a premier event for professionals in the fintech and financial services sectors. As a technology company at the forefront of IT services and innovation, we are excited to connect with industry leaders, showcase our expertise, and explore opportunities for collaboration....
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As cyberattacks become more sophisticated and widespread than ever before, no organization, regardless of size or industry, is immune to these threats. To counter this ever-growing challenge, businesses, governments, and cybersecurity professionals must work together. Collaboration and information sharing are no longer optional, they are essential strategies for building a resilient cybersecurity ecosystem. The Digital...
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With cyberattacks becoming increasingly common and complex, the need for a Security Operations Center (SOC) has never been more critical. Organizations are dedicating resources to SOCs to defend their data, systems, and intellectual assets. This article examines the role, organization, and operations of a SOC, as well as the challenges and rewards associated with building...
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As financial institutions encounter growing demands to meet regulatory requirements and safeguard sensitive information, the importance of the Chief Information Security Officer (CISO) has become crucial. With the introduction of new regulations like the Digital Operational Resilience Act (DORA), financial entities must be well-prepared to handle Information and Communication Technology (ICT) risks and address cybersecurity...
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Penetration testing, commonly known as pen testing, is a vital cybersecurity practice where ethical hackers mimic cyberattacks on systems, networks, or applications to discover and exploit potential weaknesses. A key issue that pen testing can reveal is the existence of backdoors—unauthorized access points that allow attackers to bypass standard security protocols. However, backdoors are just...
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