A data breach at Lotte Card has impacted nearly 3 million customers, putting the cardholder data of 280,000 individuals at a direct risk of exploitation for fraud.
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.
The FBI and CISA warn about Iranian hackers expanding the list of targeted programmable logic controllers to compromise critical infrastructure, including water and energy.
Security researchers have discovered hundreds of federal network devices with exposed management interfaces violating the recently mandated CISA security requirements detailed in the Binding Operational Directive (BOD) 23-02.
Scattered Spider, ShinyHunters, and LAPSUS$ are the three groups involved, and have collectively been the most active of the major cybercrime gangs over roughly the past year. The groups all had prior ties via "The Com," a broader collection of cyber criminals that loosely affiliate and come together for singular projects in a fluid way.
Emerging cyber risk quantification methods are allowing boards to ask “what if” questions if operating conditions change, and to align cyber risk with what they know about the business—upcoming economic challenges, potential merger and acquisition activities, or even the effect on the company’s financial statements or stock price.
The automotive industry uses cryptography extensively both in external and internal communication, as well as other uses. Due to the relative rigidity of automotive products, there is an urgent need to fit the vehicles to the quantum computing era as soon as possible.
Given the proliferation and accessibility of electronic communication tools especially on personally owned mobile devices, and the challenges of being able to reinforce corporate culture on the remote and hybrid workforce, the critical question has become: how do corporate governance models need to adapt?
Threat actors accessed personally identifiable information (PII) and Social Security numbers of more than 1.5 million customers in the Flagstar Bank data breach.
New report shows a massive spike in human farms used to launch online fraud attacks after analyzing more than 1.3 billion individual transactions between October and December 2019.
New report shows nearly 75 percent of U.S. federal agencies are still woefully unprepared and deemed to be “at risk” or “at high risk” of a cyber attack.










