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Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

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T-Mobile customers were hit with SIM swapping attacks

Security Affairs

The telecommunications giant T-Mobile disclosed a data breach after some of its customers were apparently affected by SIM swap attacks. The telecommunications provider T-Mobile has disclosed a data breach after it became aware that some of its customers were allegedly victims of SIM swap attacks.

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Sprint Exposed Customer Support Site to Web

Krebs on Security

This sort of information would no doubt be of interest to scammers seeking to conduct social engineering attacks against Sprint employees as way to perpetrate other types of fraud, including unauthorized SIM swaps or in gleaning more account information from targeted customers.

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T-Mobile API Breach – What Went Wrong?

Security Boulevard

Security teams have no knowledge about these undocumented APIs, including the data they handle and their security posture. The recent API breach at Australian telecommunications provider Optus (who has set aside $140 million to cover costs from the incident) falls under this category.

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T-Mobile confirms Lapsus$ had access its systems

Security Affairs

Telecommunication giant T-Mobile confirmed the LAPSUS$ extortion group gained access to its networks in March. The popular investigator and journalist Brian Krebs first surmised that the LAPSUS$ gang has breached T-Mobile after he reviewed a copy of the private chat messages between members of the cybercrime group. ” wrote Krebs.

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Cybersecurity awareness: Train your employees and reduce cyber threats

IT Security Guru

Several reports, such as the World Economic Forum Global Risk Report 2022 and Verizon’s 2022 Data Breach Investigations Report highlight that human error is by far the biggest and dominant cause of illicit actions and cybersecurity issues. After all, cybersecurity is a matter of proper human risk management. Train humans’ awareness.

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Why & Where You Should You Plant Your Flag

Krebs on Security

Most mobile providers offer customers the option of placing a PIN or secret passphrase on their accounts to lessen the likelihood of such attacks succeeding, but these protections also usually fail when the attackers are social engineering some $12-an-hour employee at a mobile phone store.