Two web hosting providers in Denmark are teetering on the brink after a devastating ransomware attack that wiped out most customer data. Given the ongoing difficulty of recovery, the companies are recommending that customers move to other hosting providers.
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.
Japanese watchmaker Seiko has suffered a data breach that leaked sensitive information, with the Russian ransomware gang BlackCat/AlphaV claiming responsibility for the attack.
Landing a job in cyber security may require persistence and continuous learning, so it's important to keep refining your skills, networking, and seeking new opportunities.
Kroll reports that the data breach was traced to a SIM swap attack on the phone of one of its employees, and that "limited" and "non-sensitive" claimant data was exposed. FTX account holders are already receiving phishing emails.
Account information of over 2.6 million Duolingo users was obtained via data scraping of an exposed API, and recently leaked on an underground hacking forum.
We live in an age that values authenticity: being true to who you are and what you value. It is ironic, then, that one of the more recent innovations of the past few years—Large Language Models, or Generative AI—is in the process of undermining authenticity itself.
The infrastructure for the Qakbot malware botnet that has been a plague since 2007 has been dismantled by an FBI-led law enforcement action. The botnet was composed of over 700,000 infected computers, and is responsible for hundreds of millions of dollars in damages worldwide during its run.
The SEC has been clear that proper risk management and timely cyber incident disclosures protect investors and other stakeholders. The regulators may make an example out of SolarWinds and its leadership at the time of the Orion incident to set the tone for the importance of software supply chain security.
A long-term breach of Japan's national cyber security agency may be the work of state-backed Chinese hackers. The security breach occurred in October 2022 and was disclosed in August of this year.
Report shows cyber insurance coverage continues to become harder to obtain even as demand and prices continue to increase. For some small businesses, even a meaningful level of partial coverage might be out of reach at this point.










