European Companies Shift Towards Local Cloud Solutions Amid Privacy Concerns In recent months, there has been a noticeable trend among European companies moving their data operations away from U.S.-based cloud providers to local alternatives. Dave Cottlehuber, founder of SkunkWerks, a tech infrastructure firm in Austria, has spearheaded this shift for…
Data Breach at Zapier Exposes Customer Information Due to 2FA Misconfiguration An unauthorized individual has gained access to a Zapier repository that "inadvertently" contained sensitive customer data. The breach appears to have originated from a misconfiguration in the company’s two-factor authentication (2FA) mechanism. Zapier, the automation platform known for connecting…
Growing Demand for Cloud Security Experts Amidst Rising Cyber Threats The recent surge in cloud adoption over the last two decades has transformed the landscape of IT infrastructure for organizations across various sectors. Initiated in the early 2000s with the emergence of Amazon Web Services in 2006 and Microsoft Azure…
In a significant security lapse, Hipshipper, a shipping platform utilized by sellers on eBay, Shopify, and Amazon, has inadvertently exposed over 14 million shipping records containing sensitive customer information. This incident underscores the growing susceptibility of various industries to data breaches, a trend that has recently plagued multiple sectors, including…
Cybersecurity Newsletter: Key Developments in Data Breaches and Vulnerabilities In a continuous race against cyber threats, the latest cybersecurity newsletter highlights several critical incidents within the sector. This week, organizations must pay attention to a series of high-profile breaches affecting various industries that remind us of the increasing sophistication of…
Mitiga Secures $30 Million Series B Funding for Cloud Security Expansion Mitiga, a cybersecurity firm specializing in the detection and remediation of cloud and Software as a Service (SaaS) cyberattacks, has successfully raised $30 million in a Series B funding round. This financial infusion aims to enhance the company’s market…
Artificial Intelligence & Machine Learning, Next-Generation Technologies & Secure Development UALink Develops Alternative to Nvidia’s NVLink to Enhance AI Accelerator Connectivity David Perera (@daveperera), Rashmi Ramesh (rashmiramesh_) • January 16, 2025 Image: Shutterstock Apple has joined the board of the Ultra Accelerator Link Consortium, a newly established group focused on…
Cloud Security, Cybercrime, Fraud Management & Cybercrime Ransomware Group ‘Codefinger’ Targets Cloud-Based Resources Prajeet Nair (@prajeetspeaks) • January 14, 2025 Image: Shutterstock A ransomware campaign has been identified targeting Amazon S3 buckets, aiming to exploit the sensitive data stored within them. The attackers utilize AWS’s server-side encryption with customer-specific keys,…
The Halcyon RISE Team has detected a concerning new ransomware campaign known as Codefinger, aimed at Amazon S3 buckets. This sophisticated attack takes advantage of Amazon Web Services (AWS) Server-Side Encryption with Customer-Provided Keys (SSE-C) to lock user data, demanding ransom payments for the symmetric AES-256 keys necessary for decryption.…
