Growing Cybersecurity Risks in Fintech Sector: Third-Party Vendor Breaches on the Rise Recent research from SecurityScorecard unveils troubling insights into data breaches affecting leading fintech companies, revealing that nearly 42% of these incidents can be traced to third-party vendors. Additionally, 12% of breaches are linked to risks stemming from fourth-party…
Recent revelations from cybersecurity experts indicate that operators of infostealers are increasingly leveraging stolen data not just for individual transactions but as a means to launch more widespread attacks. The compromised credentials have become valuable assets for cybercriminals, enabling unauthorized access to various online accounts and the networks of large…
Cloud Security, Security Operations ‘Hazy Hawk’ Linked to Rampant Domain Hijackings Prajeet Nair (@prajeetspeaks) • May 21, 2025 Image: Shutterstock A hacking group known as “Hazy Hawk” has emerged, utilizing a commercial domain name system (DNS) archiving service to exploit misconfigured DNS records of reputable organizations, propagating links to fraudulent…
Rhode Island has publicly unveiled the findings of a third-party investigation into the RIBridges cyberattack and subsequent data breach that occurred in 2024. This was announced during a press conference featuring Governor Dan McKee and Chief Digital Officer Brian Tardiff. The analysis, conducted by cybersecurity firm CrowdStrike, outlined a prolonged…
KrebsOnSecurity, the prominent cybersecurity blog managed by investigative journalist Brian Krebs, has recently fallen victim to a significant distributed denial-of-service (DDoS) attack that peaked at an astonishing 6.3 terabits per second (Tbps). This attack is among the largest documented to date and is believed to have been executed by a…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime Western Governments Issue Alert on Activities of Russian Unit 26165 David Perera (@daveperera) • May 21, 2025 Image: Mikhail Zhbankov/Shutterstock Multiple cybersecurity agencies from Western nations recently warned that Russian intelligence is engaged in a sustained hacking campaign against logistics and technology…
Coinbase Confirms Data Breach Impacting Over 69,000 Users SecurityWeek reports that Coinbase, a leading cryptocurrency exchange, has disclosed a data breach involving sensitive user information. The incident was attributed to a rogue contractor’s actions, which have raised concerns about internal security protocols within the organization. As part of their release,…
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Cybersecurity Spending, Government, Industry Specific Homeland Security Chief Asserts Trump Budget Bolsters Cybersecurity David Perera (@daveperera) • May 20, 2025 U.S. Homeland Security Secretary Kristi Noem testifying before the Senate Homeland Security Committee. (Image: ) During a Senate committee hearing, Democrats expressed concern about budget cuts proposed by the Trump…
