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Recent cybersecurity statistics indicate that databreaches are escalating into a significant international concern. This underscores the need not only for strong preventive measures to protect critical information but also for a well-defined strategy to contain the damage if attackers successfully breach your defenses.
Allegedly orchestrated by the same group known as Scattered Spider, these attacks highlight the significant challenges even the most respected and established brands face in defending against modern cyber threats. Then, the focus of cyberattacks on retailers, and what lessons must be learned by business leaders and customers.
Tip 1: Educating and Training the Workforce Regularly Human error remains one of the leading causes of databreaches. According to the Verizon 2024 DataBreach Investigations Report , 68% of cybersecurity breaches are caused by human error. Many cyberattacks exploit vulnerabilities in outdated software.
The attackers encrypted VMware ESXi virtual machines used by the company. This week, a cyber update published by the company on its website confirmed the databreach: “To proactively manage the incident, we immediately took steps to protect our systems and engaged leading cyber security experts.
Nova Scotia Power confirmed a databreach involving the theft of sensitive customer data after the April cybersecurity incident. In April, Nova Scotia Power and Emera faced a cyberattack that has impacted their IT systems and networks.Both companies declared that the security incident did not cause any power outages.
In the contemporary and advanced society, cyber threats are on the rise in both quantity and sophistication. No day goes by without risk of databreaches, identity theft, or financial losses to both people and businesses around the world. The startling fact is that more than 55% of breaches stem from credential attack vectors.
Florida Department of Economic Opportunity (DEO) has hit the news headlines for becoming a victim of a cyberattack that led to databreach of over 57,900 claimant accounts seeking unemployment benefits. The post Databreach news trending on Google Search Engine appeared first on Cybersecurity Insiders.
McDonald’s fast-food chain disclosed a databreach, hackers have stolen information belonging to customers and employees from the US, South Korea, and Taiwan. “The company said no customer data was breached in the U.S., and that the employee data exposed wasn’t sensitive or personal. Pierluigi Paganini.
” reads the databreach notice issued by the company. “On April 11, 2020, Magellan discovered it was targeted by a ransomware attack. ” The company is not aware of any misuse of personal information stolen during the attack. Copyright (C) 2014 Media.net Advertising FZ-LLC All Rights Reserved -->.
The online education portal EduCBA discloses a databreach and is resetting customers’ passwords in response to the incident. Online education website EduCBA discloses a databreach, it has started notifying customers that in response to the incident it is resetting their passwords. Pierluigi Paganini.
The City of Philadelphia discloses a databreach that resulted from a cyberattack that took place on May 24 and that compromised City email accounts. In 2020, the City disclosed a significant email breach , that resulted from a successful phishingattack on an employee.
According to a Monday Twitter update posted by Uber, Lapsus$ ransomware spreading gang is suspected to be behind the cyberattack on its repositories, email and cloud systems and internal slack communication servers. And the databreach could have taken place after the credential steal.
The Work from Home (WfH) culture might do well to the employees, but some companies are disclosing openly that they are witnessing a surge in cyberattacks( mainly databreaches) on their IT infrastructure as their employees are not following basic cyber hygiene of using strong passwords and authenticating their Identity whole accessing networks.
The airliner, that truly stands as a low-cost carrier, has suffered a databreach as per a report released to Indian Computer Emergency Response Team (CERT- In). Coming to the second news, it is related to cyberattack on an Indian telecom company named Vi aka Vodafone +Idea.
Both the companies revealed the same in SEC filing and apologized for the incident and assured that such databreaches will never get repeated. Whereas, Vodafone is still investigating the cyberattack claims and internal data theft. The company that ferries about 4.6
Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. This increase is likely driven by high employee turnover and easy access to phishing kits. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model.
Succession Wealth, a financial wealth management service offering company, has released a press statement that a cyberattack targeted its servers and it can only reveal details after the investigation gets concluded. Prima Facie revealed that hackers accessed no client data in the attack.
Revolut that offers payment processing technology was targeted by a phishingattack recently, leading to databreach of thousands of customers from Lithuania and Europe. of its customers became targets to the sophisticated attack that took place on its servers on Sept 10th of this year.
The US Cybersecurity and Infrastructure Security Agency (CISA) released guidance on how to prevent databreaches resulting from ransomware attacks. The post US CISA releases guidance on how to prevent ransomware databreaches appeared first on Security Affairs. ” reads CISA’s guideline.
Chinese threat actors use Quad7 botnet in password-spray attacks FBI arrested former Disney World employee for hacking computer menus and mislabeling allergy info Sophos details five years of China-linked threat actors’ activity targeting network devices worldwide PTZOptics cameras zero-days actively exploited in the wild New LightSpy spyware (..)
Stanford University, one of the top ranked Universities of the United States and world, has become a victim to a cyberattack leading to data leak or unauthorized access of sensitive information. Details are in that the data leak of students pursuing Economics PH.D
In May, the company was forced to shut down its website and phone lines following a cyberattack, but it did not mention a ransomware attack. MediSecure has identified a cyber security incident impacting the personal and health information of individuals. .”
US defense contractor Electronic Warfare Associates (EWA) was hit by a cyberattack, threat actors stole personal information from its email system. US defense contractor Electronic Warfare Associates (EWA) has disclosed a databreach after threat actors hacked their email system. ” concludes the notice.
A sophisticated cyberattack launched on the visa website of French government has led to a databreach where sensitive info related to applicants such as nationalities, birth dates and passport numbers were exposed to hackers.
The UK Electoral Commission suffered a databreach that exposed voters’ personal information between 2014 and 2022. The UK Electoral Commission disclosed a databreach that exposed the personal information of voters in the United Kingdom between 2014 and 2022. ” reads the databreach notification.
Outsourcing digital security is also more cost-effective as it reduces the risk of future monetary loss from a databreach and lessens the burden on leadership that likely does not have cybersecurity expertise. Data is All-Too Enticing to a Cybercriminal. Devaluing Data: Take Away Their Profit.
Phishing is a common threat that comes in these messages. This type of cyber-attack attempts to [.]. The post Why Implementing Ethical Phishing Campaigns Aren’t Enough to Protect Against DataBreaches appeared first on TechSpective.
The authorities did not disclose any details about the type of threats that hit the institutions either the alleged threat actors behind the attack. “A range of European Union institutions including the European Commission were hit by a significant cyber-attack last week.” ” reported Bloomberg.
Category Awareness, Social Enginering Risk Level Phishing emails are getting harder to detect. What is phishing, and why is it such a big deal?" Phishing is one of the oldest tricks in the hacker playbook - but its also one of the most effective. Alright, but cant I just spot and delete phishing emails?"
. “According to information we have received, their apparent goal is to infect websites and servers with malware for phishing campaigns, malware distribution and other malicious activities.” million customers , and March 2020, which exposed data of 28,000 customers. ” concludes the company.
Cyber threats are no longer just the occasional virus or suspicious email. Phishing scams, ransomware attacks, databreaches, and identity theft are part of a growing list of online dangers that are a daily reality. Anti-phishing protection Shields you from phishing attempts.
With the ever-present threat of databreaches, organizations need to adopt best practices to help prevent breaches and to respond to them when they occur to limit any damage. And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices.
Any C-level employee of any organization will never wish to take the databreach blame in their tenure and that’s a thinking that seems fair enough. And according to a study, the fear of loosing their job if a databreach is disclosed seems to make nearly two-thirds (63%) of IT leaders hide such incidents from the world.
If these cyberattacks are successful, even just a little, they could lead to billions of pounds in damages and losses to the companies that own the platforms and the traders. So, lets explore how spread betting platforms are rising to this challenge and ensuring that their platforms are cyber risk-free.
Ask yourself: if my organization suffers a databreach as the result of a cyberattack, what will it actually cost? Although you won't have a specific answer until you are faced with a cyber incident, in the aggregate, you can answer the question right now. Key findings from Ponemon IBM Cost of a DataBreach report.
CISA adds SAP NetWeaver flaw to its Known Exploited Vulnerabilities catalog SentinelOne warns of threat actors targeting its systems and high-value clients Google Threat Intelligence Group (GTIG) tracked 75 actively exploited zero-day flaws in 2024 VeriSource databreach impacted 4M individuals U.S. CISA adds Qualitia Active!
According to the sources reporting to Cybersecurity Insiders, threat actors, probably funded by Kremlin, hacked the email account of Stewart McDonald via a spear-phishing act. NCSC is busy finding evidence on foreign indulgence, while Parliament’s cybersecurity team has confirmed that a foreign state launched the attack.
A recent study made by security management firm Cymulate has confirmed that 65% of companies have suffered cyberattacks for the second time within one year. According to a report titled Cymulate DataBreaches Study, most of the attacks reached the corporate networks through phishing emails.
Image Source: AI Generated Recent databreaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. These databreaches highlight significant vulnerabilities in vendor relationships and supply chain security. million per incident in 2023.
72% of leaders report an increase in organizational cyber risks, with ransomware remaining a top concern, according to the World Economic Forum. LLM Vulnerabilities Expose Enterprise Data Large Language Models (LLMs) emerged as a flashpoint at RSAC, sparking debates on the risks and merits.
Social engineering attacks account for a massive portion of all cyberattacks, and studies show that these attacks are on the rise. According to KnowBe4 , more than 90% of successful hacks and databreaches start with a common type of social engineering attack called phishing.
In April, Nova Scotia Power and Emera faced a cyberattack that impacted their IT systems and networks.Both companies declared that the security incident did not cause any power outages. The companies did not share technical details about the attack, however, experts speculate they have been targeted in a ransomware attack.
This open database is a goldmine for identity thieves and other attackers. Here’s how: CyberAttacks. Phishing scams can take many forms, and ransomware is one of the most dangerous. Addresses can easily lead to phone numbers, making people easy targets for phishing scams. Why This DataBreach is Different.
Unfortunately, many organizations fail to educate their employees on the importance of cyber hygiene, leaving them vulnerable to phishing scams, malware infections, databreaches, and other cyberattacks. Tick-in-the-box training. Supply chain blindness.
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