Moody’s, the renowned global financial services and credit ratings agency, has released a report shedding light on a concerning trend in cybersecurity: an escalation of hacking groups targeting large corporations for substantial ransom payments. These attackers often leverage vulnerabilities within the supply chain to maximize their financial gain. The data…
Cybercrime, Fraud Management & Cybercrime, Incident & Breach Response Publicly Traded Firm Reports Significant Cybersecurity Incident to U.S. Regulators David Perera (@daveperera) • December 11, 2024 The neon sign at one of the oldest Krispy Kreme donut shops in Chattanooga, Tennessee, photographed in June 2023. (Image: Shutterstock) Krispy Kreme, the…
Security Breach Exposes 446,000 Patients Linked to Vein Treatment Center In a significant cybersecurity incident, a vein treatment center has reported a breach that has compromised the personal information of approximately 446,000 patients. This incident raises concerns about the safety of sensitive medical data and the ongoing vulnerabilities within healthcare-related…
Cybersecurity experts at Group-IB have uncovered a sophisticated phishing campaign that is currently targeting employees across more than 30 companies spanning 12 different industries globally. This malicious operation has successfully disseminated over 200 harmful links aimed at capturing user login credentials, with sectors including energy, fashion, finance, aerospace, telecommunications, government,…
Cloud Security , Finance & Banking , Industry Specific Report Highlights Financial Sector’s Shift to Multi-Cloud Solutions Amid Cyber Threats and Regulatory Changes Chris Riotta (@chrisriotta) • December 10, 2024 Financial institutions are increasingly adopting multi-cloud approaches to enhance resiliency and meet regulatory requirements in light of escalating…
In an increasingly digital landscape, the risk of cyber breaches orchestrated by external parties has surfaced as a pressing concern for businesses. As organizations continue to rely heavily on technology, the necessity for robust cyber insurance coverage has emerged as a critical component of risk management strategies. Recent reports highlight…
In a significant incident that intersects gun rights, technology, and a high-profile murder case, authorities have arrested a suspect involved in the fatal shooting of United Healthcare CEO Brian Thompson. The alleged assailant, 26-year-old Luigi Mangione, is reportedly linked to a 3D-printed firearm, signaling the increasing accessibility and lethality of…
Recent advisories have been issued to Apple iPhone users regarding a critical vulnerability that could potentially expose sensitive personal data to cybercriminals. Known as the Transparency, Consent, and Control (TCC) flaw, this issue raises significant concerns over user privacy within Apple’s iOS ecosystem. Security researchers have revealed that this vulnerability…
Governance & Risk Management, Remote Workforce, Zero Trust Citrix Enhances Zero Trust Framework with Strategic Acquisitions in Developer Security Michael Novinson (MichaelNovinson) • December 10, 2024 Citrix has expanded its zero-trust security framework through the acquisition of two European startups, deviceTrust and Strong Network. This strategic move aims to enhance…
