Hackers demanded $17 million in Compal's security breach despite its denial of the ransomware attack. Compal also claimed that its production lines were not affected.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
Telecom Argentina, the largest telecommunications company in the country, was hit by ransomware attack involving the REvil ransomware group who is demanding $7.5 million.
Onapsis and SAP say that cybercriminals are actively exploiting known SAP security vulnerabilities in the wild, sometimes with a cyber attack within 72 hours after patches are released.
Intel 471 researchers found that hackers leveraged messaging apps and their infrastructure to distribute malware, steal and store data, and deliver malicious payloads.
DeFi platform Qubit finance lost $80 million after hackers leveraged a logical flow to deposit 0 ETH to withdraw 206,809 Binance coins. Platform implored the hackers to return the funds or transform the exploit into a bug bounty.
A security flaw enabled hackers to take over Instagram accounts by tricking Meta AI support chatbot into adding an attacker-controlled email address and triggering a password reset.
Cox communications data breach notification disclosed that unauthorized individual(s) accessed sensitive customer information after impersonating the company's support agent.
Hackers intercepted cryptocurrency payments by attaching relay servers on the Tor network and redirected payments to their wallets by replacing Bitcoin addresses.
Over 2.6 million people may have been affected by a massive supply chain attack leveraging over 35 compromised Chrome extensions to take over Facebook Ad accounts.
An established cybercrime gang leaked sensitive data, including unredacted child abuse files, after a ransomware attack on San Francisco Bay Area Rapid Transit Police department.










