Data Breaches Impose Heavy Financial Costs on Companies, New Report Reveals ExtraHop®, a frontrunner in cloud-native network detection and response (NDR), has unveiled a report illustrating the staggering financial implications of significant data breaches on publicly traded companies. The analysis indicates that organizations typically incur an average loss of approximately…
The recent cyber incident involving the MITRE Corporation has shed light on the intricacies of the attack, with the earliest signs of compromise identified as far back as December 31, 2023. This breach, which came to public attention in April 2024, specifically targeted MITRE’s Networked Experimentation, Research, and Virtualization Environment…
A newly identified variant of Apple macOS malware, known as XLoader, has been discovered in the wild, cleverly disguised as a productivity application named “OfficeNote.” This development raises significant concerns for users in professional environments, as the malware specifically targets sensitive information. The exploit utilizes a password-protected disk image labeled…
International Police Coalition Targets Cybercrime Networks In a significant crackdown on cybercriminal activities, an international coalition of law enforcement agencies has successfully disrupted a variety of online scams, including phishing attempts, credential theft, and ransomware distribution. This operation, known as Synergia II, was spearheaded by Interpol and spanned from early…
The recent emergence of the malware known as ToxicPanda has raised alarms particularly among Android users. This malicious software, which is primarily aimed at extracting sensitive financial information, notably bank account details, has garnered attention for its deceptive tactics. ToxicPanda masquerades as legitimate applications, making it challenging for users to…
Nokia Investigates Alleged Data Breach Involving Source Code Leaked on Hacking Forum Nokia, the Finnish telecommunications giant, is currently investigating troubling reports regarding the alleged leak of its source code on a criminal hacking forum. The situation has sparked concern within the cybersecurity community, specifically among businesses that rely on…
A significant security vulnerability has been identified in the LayerSlider plugin for WordPress, posing a serious risk of unauthorized data exposure. This flaw, known as CVE-2024-2879, has been assigned a critical CVSS score of 9.8, indicating its severity. The vulnerability allows unauthenticated attackers to leverage SQL injection techniques to potentially…
Organizations Increase Use of AI and Automation to Mitigate Data Breaches In 2024, the IBM Cost of a Data Breach Report has highlighted a significant and concerning trend: the global average cost of a data breach has escalated to $4.88 million, reflecting the escalating complexity and impact of cyber incidents.…
A vulnerability classified as high-severity has been discovered in the LiteSpeed Cache plugin for WordPress, which is currently being exploited by cybercriminals to forge unauthorized administrator accounts on affected websites. This alert originated from WPScan, which detailed that the flaw, identified as CVE-2023-40000 with a CVSS score of 8.3, is…
