Resecurity

In an era where cybercrime poses a pervasive threat to individuals, corporations, and governments worldwide, Resecurity and Cybercrime Atlas by World Economic Forum have forged a partnership aimed at disrupting the global cybercriminal ecosystem. Following the 54th Annual Meeting of The World Economic Forum at Davos-Klosters (Switzerland), this strategic alliance supported by founding members in face of Santander, Fortinet, Microsoft, and PayPal marks a significant milestone in the ongoing battle against cyber threats, bringing together our expertise and Cybercrime Atlas's network to enhance operational collaboration that counter cybercrime globally. https://lnkd.in/gMMjWMqV #cybersecurity #cybercrime #cybercriminals #cybercrimeawareness #cyberresilience #cybercrimeprevention #cyberthreatintelligence #fraudprevention #partnership #worldeconomicforum #wef #wef24

Resecurity is proud to announce its strategic partnership with emt Distribution META, a leading value-added distributor in the Middle East and Africa. This collaboration expands our global channel network and aims to deliver comprehensive cybersecurity solutions tailored to the unique challenges faced by businesses in the META region. We look forward to meeting our esteemed customers at the upcoming GITEX GLOBAL Largest Tech & Startup Show in the World at the Dubai World Trade Centre, booth H23-C15 (Hall 23 Cybersecurity) https://lnkd.in/gFbmbknv M Mobasseri Nandini Sapru Khaled Kamel Mir Hamid Ali Anastasia Platon Reshma Yesodharan Bilal Assaf #partners #alliances #cybersecurity #darkweb #digitalidentity #endpointprotection #fraudprevention #identitysecurity #threatintelligence #threatdetection #threathunting #managedsecurity #riskintelligence #riskmanagement #saas #gitex #gitex2024

Resecurity has identified a spike in malicious campaigns targeting Conversational AI platforms that leverage chatbots to provide automated, human-like interactions for consumers. Conversational AI platforms are designed to facilitate natural interactions between humans and machines using technologies like Natural Language Processing (NLP) and Machine Learning (ML). These platforms enable applications such as chatbots and virtual agents to engage in meaningful conversations, making them valuable tools across various industries. Financial institutions (FIs), telcos, healthcare and e-government are widely implementing such technologies to accelerate customer support and internal workflows, which may also trigger compliance and supply chain risks.?Many of such services are not fully transparent regarding data protection and data retention in place, operating as a 'black box', associated risks are not immediately visible.?That may explain why major tech companies restrict employee access to similar AI tools, particularly those provided by external sources, due to concerns that these services could take advantage of potentially proprietary data submitted to them. One of the key issues is unauthorized access to specific customer sessions. Many conversational AI platforms allow users to switch between an AI-assisted operator and a human. A bad actor could intercept the session and take control of the dialogue. By exploiting user trust in the AI platform, bad actors could trick victims into providing sensitive information or arrange certain actions (for example, confirming an OTP) that could be used in fraudulent schemes. Resecurity forecasts a variety of social engineering schemes that could be orchestrated by abusing and gaining access to trusted conversational AI platforms. Resecurity highlights the importance of a comprehensive AI trust, risk, security management (TRiSM) program to proactively ensure AI systems are compliant, fair, reliable and protect data privacy.?The EU AI Act and other regulatory frameworks in North America, China and India are already establishing regulations to manage the risks of AI applications.?For example, the recent PDPC AI Guidelines in Singapore already encourage businesses to be more transparent in seeking consent for personal data use through disclosure and notifications. Businesses have to ensure that AI systems are trustworthy, thereby providing consumers with confidence in how their personal data is used. https://lnkd.in/gihS-zD7 #ai #artificialintelligence #cyberrisks #cybersecurity #consumerprotection #compliance #cybercrime #darkweb #dataleak #dataprotection #dpo #databreach #euaiact #privacy #personaldataprotection #pii #pdpc #threatintelligence #riskintelligence #riskmanagement #trism

Resecurity was proud to contribute to a recent report by the UNODC (United Nations Office on Drugs and Crime) that covers new trends and dynamics in cyber-enabled fraud originating from Southeast Asia. This agency has an important mission to combat trafficking and the abuse of illicit drugs, prevent crime, and address issues related to criminal justice, international terrorism, and political corruption. We thank all contributors and experts for their efforts. The report includes information from our previous research related to leaks of identity information obtained via breaches of third-party organizations that collect this information for Know Your Customer (KYC) purposes. Key remarks: 1?? This issue remains one of the major product lines within underground data markets. This information is regularly exploited by transnational criminal actors for fraud, identity theft, impersonation scams, business email compromise (BEC), and KYC bypass and associated money laundering, among other activities. 2?? In recent years, there has also been an increase in the targeting and availability of stolen biometric information including fingerprints and facial data of victims of data breaches. This type of data is actively being utilized by transnational organized crime groups based in Southeast Asia, and can be used for forging documents, access manipulation, cyber-enabled fraud, money laundering, and other malicious purposes using deep fakes, machine learning protocols, and AI-driven methods for fraudulent purposes. 3?? There is strong evidence of underground data markets moving to Telegram and vendors actively looking to target transnational organized crime groups based in Southeast Asia. The proliferation of information-stealing malware and underground clouds of logs (UCL) services (explained below) against the backdrop of Southeast Asia’s booming criminal ecosystem has been central to this shift, exacerbating existing challenges relating to the region’s industrial-scale cyber-enabled fraud operations. 4?? The transnational organized crime threat landscape in Southeast Asia is evolving faster than in any previous point in history, driven by highly sophisticated syndicates and complex networks of money launderers, human traffickers, and a growing number of other service providers and facilitators around which organized crime have converged. https://lnkd.in/dY3izTgk #asean #bec #cybersecurity #cryptocurrency #corruption #cybercrime #counterfeit #crime #digitalidentity #deepfake #identitytheft #databreach #fraud #fraudprevention #frauddetection #organizedcrime #riskintelligence #riskmanagement #kyc #moneylaundering #scam #trafficking #threatintelligence

Resecurity was proud to support the Cybersecurity Reverse Trade Mission (RTM) organized by U.S. Trade and Development Agency (USTDA). Our CEO, Gene Yoo, hosted delegations from Ivory Coast, the Democratic Republic of the Congo, and Senegal in our office in NYC ???? ???? ???? ???? . We appreciate the assistance from the Business Council for International Understanding (BCIU) in the organization of the event and are thankful to all the delegates representing the government and private sector from West and Central Africa. It was a pleasure to meet delegates from: - Economic, Social, Environmental and Cultural Council (CESEC), Government of the Republic of C?te d’Ivoire - National Public-Private Partnership Steering Committee (CNP-PPP), Government of the Republic of C?te d’Ivoire - Ministry of Posts, Telecommunications and Digital Economy (PTNTIC), Government of the Democratic Republic of the Congo - Rawbank S.A. - Equity Banque Commerciale du Congo (Equity BCDC) - La Banque Agricole S.A. (LBA) - Ministry of Economy, Planning and Cooperation (MEPC), Government of the Republic of Senegal - Banque Nationale pour le Développement Economique (BNDE) du Senegal - Organization of Information and Communication Technologies Professionals in Senegal (OPTIC) - Telecommunications and Posts Regulatory Authority (ARTP), Government of the Republic of Senegal - African Development Bank Group (AfDB) Sub-Saharan Africa continues to experience a rapid growth in digital economic activity and interconnectivity, where cybersecurity plays a pivotal role. As governments in Sub-Saharan Africa work to digitalize their economies, public services, and critical infrastructure, they are increasingly focused on mitigating the risks of cyberattacks and theft. Our team was thrilled to meet all the delegates and establish new partnerships and alliances to bring cutting-edge technologies for threat detection, data analytics, and cyber threat intelligence to Africa. We thank all the delegates for making this possible and look forward to our fruitful cooperation! Gaetan-Nicolas Bernimolin Nina Kundra Max Wojtas Fraser Leckie #cybersecurity #cyberthreatintelligence #cyberrisks #cyberresilience #cyberriskmanagement #digitalidentity #dataprotection #databreachprevention #fraudprevention #riskmanagement #riskintelligence #identityprotection #managedsecurity #saas #africa

Resecurity was proud to support the Cybersecurity Reverse Trade Mission (RTM) organized by U.S. Trade and Development Agency (USTDA). Our CEO, Gene Yoo, hosted delegations from Ivory Coast, the Democratic Republic of the Congo, and Senegal in our office in NYC. We appreciate the assistance from the Business Council for International Understanding (BCIU) and are thankful to all the delegates representing the government and private sector from West and Central Africa. Sub-Saharan Africa continues to experience a rapid growth in digital economic activity and interconnectivity, where cybersecurity plays a pivotal role. As governments in Sub-Saharan Africa work to digitalize their economies, public services, and critical infrastructure, they are increasingly focused on mitigating the risks of cyberattacks and theft. Our team was thrilled to meet all the delegates and establish new partnerships and alliances to bring cutting-edge technologies for threat detection, data analytics, and cyber threat intelligence to Africa. We thank all the delegates for making this possible and look forward to our fruitful cooperation! ???? ???? ???? ???? #cybersecurity #cyberthreatintelligence #cyberrisks #cyberresilience #cyberriskmanagement #digitalidentity #dataprotection #databreachprevention #fraudprevention #riskmanagement #riskintelligence #identityprotection #managedsecurity #saas #africa

Resecurity highlights the importance of compliance with local data protection regulations to mitigate the negative consequences resulting from a data breach, including administrative and legal risks. Last week, on September 26, the Qatar Financial Centre (QFC) Authority Data Protection Office (DPO) took enforcement action against one of the QFC-licensed organizations for infringements of the QFC Data Protection Regulations. This notable action may confirm the increasing oversight on the industry by the State of Qatar, which highlights the importance of compliance with local regulations. According to the announcement by the regulators, the QFC DPO imposed a reprimand and financial penalty in the sum of US$150,000 on the QFC-licensed firm for infringements of Article 8 (Principle 6), Article 9, Article 29(1)(B) and (D), and Article 31(1) of the QFC Data Protection Regulations. Recent regulatory enforcement actions highlight the proactive approach taken by the government; therefore, enterprises must increase their focus on national cybersecurity regulations to remain compliant. https://lnkd.in/gpCfK5aT #cybersecurity #compliance #cyberrisks #consumerprotection #cyberthreatintelligence #databreach #dataleak #dataprotection #identityprotection #riskmanagement #qatar #gcc #mena

Resecurity was excited to participate in the expert session "AI and Cybersecurity: A Leadership Dialogue in the Americas" organized by the the Digi Americas Alliance in partnership with the U.S. Chamber of Commerce. The event was organized in light of the 79th UN General Assembly in New York. Shawn Loveland, COO of our team, participated in the event to discuss how the rapid progression of artificial intelligence (AI) is intensifying the ongoing competition between cyber defenders and adversaries. The dialogue enabled delegates to explore AI’s potential to enhance cybersecurity measures, identify associated risks, share best practices, and examine policy recommendations. It aimed to bring together leaders to develop innovative strategies for securing the region’s digital infrastructure while fostering technological advancement and economic growth. We thank the organizers and Belisario Contreras for their truly amazing organization of the event and their contributions to advancing cybersecurity efforts across the Americas. #ai #artificialintelligence #cybersecurity #cyberresilience #cyberthreatintelligence #cyberrisks #digitalrisks #compliance #riskmanagement #unga

Resecurity highlights the increase of nation-state activity targeting persons associated with U.S. political campaigns. Yesterday, the Federal Bureau of Investigation (FBI) released an advisory covering the activities of Iranian cyber actors targeting email accounts associated with the 2024 U.S. presidential election. The cyber actors working on behalf of the Iranian government's Islamic Revolutionary Guard Corps (IRGC) gain access to victims’ personal and business accounts using social engineering techniques, often impersonating professional contacts on email or messaging platforms, including: ? Impersonations of known individuals, associates, and/or family members; ? Impersonations of known email service providers regarding account settings; ? Requests from impersonation accounts of well-known journalists for interviews; ? Conference invitations; ? Speaking engagement requests; ? Embassy events; ? Foreign policy discussions/opinions and article reviews; and, ? Current US campaigns and elections. https://lnkd.in/grW7JzVy #cybersecurity #cyberespionage #cyberintelligence #elections #uselections #informationoperations #socialengineering #threatintelligence #irgc #iran

Resecurity is proud to announce the appointment of Darrell M. Blocker, a 28-year veteran of the CIA's clandestine service, as a Senior Advisor. This appointment reinforces Resecurity's leadership in cybersecurity and intelligence. Mr. Blocker's distinguished career in the CIA involved high-profile roles across various international regions and operations. Notably, he served as Deputy Director of the Counterterrorist Center,?Chief of the Africa Division, and Chief of Training at the CIA's iconic training facility.?His expertise in these roles shaped U.S. national security policies and the development of the next generation of intelligence officers. His global experience as a Chief of Station and in various field positions has contributed to his deep understanding of both covert operations and international security challenges. "We are honored to welcome Darrell Blocker to Resecurity," said Gene Yoo, CEO of Resecurity. "His exceptional experience in intelligence, counterterrorism, and global security operations will be a tremendous asset to our team. Darrell's operational leadership and strategic insight will help us continue to deliver world-class cybersecurity solutions to enterprises worldwide." https://lnkd.in/g93-BdjC #cybersecurity #cyberthreatintelligence #riskmanagement #riskintelligence #riskadvisory #securityprofessionals #securityindustry #nationalsecurity #team