The Breach News

Victims Required to Report Ransom Payments According to Australian Law

New Legislation Enhances Cybersecurity Reporting and Device Standards in Australia On November 26, 2024, the Australian Parliament passed significant cybersecurity legislation aimed at enhancing the nation’s defenses against cyber threats. The new law, known as the Cyber Security Act, serves to formalize government efforts to improve reporting of ransomware payments,…

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How Proactive Security Measures Might Have Prevented the Summit Pathology Data Breach

Healthcare Cybersecurity: Rising Threats and the Summit Pathology Data Breach Healthcare data breaches are increasingly frequent and severe, affecting millions and extending beyond just financial implications. In 2023, over 133 million patient records were either stolen or improperly disclosed, reflecting a troubling trend as the healthcare industry becomes increasingly dependent…

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‘Matrix’ Hackers Launch Large-scale IoT Botnet for DDoS Attacks

Aqua Nautilus researchers have uncovered a significant Distributed Denial of Service (DDoS) campaign attributed to a threat actor known as Matrix, which appears to have Russian affiliations. This investigation highlights the vulnerabilities that are being exploited, the techniques employed, and the potential repercussions for businesses globally. The newly identified DDoS…

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Fancy Bear Threat Actor Initiates Nearest Neighbor Cyber Attacks

The landscape of cyber threats has evolved dramatically in recent years, with hackers increasingly targeting not just individual entities, but also utilizing interconnected systems to expand their attack surface. This shift is epitomized by the notorious Russian cyber group dubbed Fancy Bear, also recognized as APT28 or Forest Blizzard. Their…

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Supply Chain Provider Disruption Caused by Ransomware Attack

3rd Party Risk Management, Fraud Management & Cybercrime, Governance & Risk Management Blue Yonder Outage Disrupts Operations for Starbucks and Major Grocery Chains Mathew J. Schwartz (euroinfosec) • November 26, 2024 Starbucks reports that the outage has compromised its payroll systems but not customer service. (Image: Shutterstock) A significant ransomware…

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Ford Faces Allegations of Data Breach Affecting 44,000 Customers – CPO Magazine

Ford Motor Company has recently come under scrutiny following allegations of a significant data breach that has reportedly affected around 44,000 of its customers. The incident has raised serious concerns regarding data privacy and cybersecurity within one of America’s largest automotive manufacturers. The breach is said to involve sensitive customer…

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Experts Advocate for a Cautious Evaluation of Russian Hacking Activities

Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Geo Focus: The United Kingdom UK Minister Pat McFadden’s Statements Prompt Cybersecurity Concerns Akshaya Asokan (asokan_akshaya) • November 25, 2024 Pat McFadden, U.K. Minister for Intergovernmental Relations (Image: U.K. Government) Recent comments from UK Minister for Intergovernmental Relations, Pat McFadden, regarding the…

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