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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. The breach reportedly occurred after IMS was hacked in November 2023. At least 57,028 Bank of America customers were directly impacted.

Banking 93
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On Trust and Transparency in Detection

Anton on Security

But as we increasingly move towards more elaborate detection approaches like detection-as-code using languages like the Sigma language , or Python, it is becoming more difficult to deduce in detail how certain threat detections work. the cornerstone of all effective cyber threat detection systems is accurate detection.

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FBI warns of ransomware gang – What you need to know about the OnePercent group

CyberSecurity Insiders

The FBI recently published a warning stating that ransomware gang OnePercent Group has been attacking companies in the US since November 2020. Ransomware is then downloaded and the breach is underway. Ransomware is then downloaded and the breach is underway. How to spot their scam and protect yourself.

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XDR Cannot Exist Without NDR

Security Boulevard

Threat detection and response remain a key priority for organizations as ransomware and data breaches continue to disrupt business operations.

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XDR: Three Reasons It Should Drive Your Security Strategy

CyberSecurity Insiders

Security teams are short-staffed, network complexity continues to increase, and the cost of data breaches are growing. A recent SecBI survey found that many organizations are in the process of adopting Extended Detection and Response ((XDR) solutions. XDR Addresses Rising Data Breach Costs.

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GUEST ESSAY: The case for leveraging hardware to shore up security — via a co-processor

The Last Watchdog

You are no doubt aware of the grim statistics: •The average cost of a data breach rose year-over-year from $3.86 A sobering analysis by Cybersecurity Ventures forecasts that the global cost of ransomware attacks will reach $265 billion in 2031. • million to $4.24 million in 2021, according to IBM.

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The Future of Ransomware: Preparing for the Next Generation of Ransomware Attacks

IT Security Central

Ransomware has been the scourge of cybersecurity and may have led to a recent death. Now it soon may get way more dangerous The threats to cybersecurity are constantly evolving. As security teams develop solutions to the threats, malicious actors change their tactics to keep chasing their ill gotten gains.