News, Commentaries and Analyses, Vulnerabilities
November 19, 2024
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Majority of firms using generative AI experience related security incidents – even as it empowers security teams

How many times do we read about something new and think, “What can possibly go wrong, right?” Some new research by the Capgemini Research Institute found that 97% of organizations using generative AI were affected by data breaches or security concerns linked to generative AI, and most do not have an adequate budget to deal with […]

Data Breach News, News
November 18, 2024
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Germany: Compensation for Facebook data breach victims

DW reports that Germany’s Federal Court of Justice (BGH), which is Germany’s highest civil court, has ruled that victims of a Facebook data breach could be entitled to compensation: The court in the southwestern city of Karlsruhe, Germany’s highest court for civil cases, said that the basic loss of control over data online was grounds for […]

Finance, News
November 15, 2024
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Bitfinex Hacker Sentenced in Money Laundering Conspiracy Involving Billions in Stolen Cryptocurrency (Updated)

Ilya Lichtenstein was sentenced today to five years in prison for his involvement in a money laundering conspiracy arising from the hack and theft of approximately 120,000 bitcoin from Bitfinex, a global cryptocurrency exchange. His sentencing was announced by the U.S. Department of Justice. According to court documents, Lichtenstein, 35, hacked into Bitfinex’s network in […]

Data Breach News, News, Vendor News
November 12, 2024
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Amazon confirms employee data compromised amid 2023 MOVEit breach; dozens of other companies also affected

The MOVEit breach was one of the biggest breaches of 2023. Cl0p threat actors exploited vulnerabilities in the file transfer software and exfiltrated massive amounts of data from entities in all sectors. Now data from Amazon and almost three dozen other MOVEit victim entities is being leaked on BreachForums by a forum user calling themself […]

Data Breach News, News
November 11, 2024
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Halliburton reports cyberattack already cost it $35 million

The suspected ransomware attack Halliburton experienced in August had already cost it $35 million by the end of September, the oilfield service giant disclosed. Security Week reports: The incident came to light on August 22, when Halliburton, one of the world’s largest oilfield service providers, confirmed unauthorized access to some of its systems.  The company immediately launched […]

News, Uncategorized
November 11, 2024
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Veterans Day 2024

Thank you to all those who have served our country. May today be a day where you feel appreciated for your sacrifices and for the rest of us to remember what you did and honor you.

Cyberattack, News
November 10, 2024
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Cyberwar: Credit cards readers across Israeli stores, gas stations crash in suspected DDoS attack

It is not the first time, but it appears Iran has again attempted to attack Israel via cyberattacks. The Jerusalem Post reports: Thousands of credit card readers across Israeli gas stations and supermarket chains malfunctioned on Sunday morning in what the company responsible for the readers’ cyber safety called a suspected DDoS attack.  Hyp Credit Guard […]

Data Breach News, News
November 05, 2024
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Canadian Suspect Arrested Over Snowflake Data Breach and Extortion Attacks

The Hacker News reports a significant arrest: Canadian law enforcement authorities have arrested an individual who is suspected to have conducted a series of hacks stemming from the breach of cloud data warehousing platform Snowflake earlier this year. The individual in question, Alexander “Connor” Moucka (aka Judische and Waifu), was apprehended on October 30, 2024, on the […]

News, Vendor News
October 29, 2024
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Right back atcha: CrowdStrike sues Delta Air Lines

Days after Delta Air Lines sued cybersecurity vendor CrowdStrike for $500 million in losses that it attributes to the vendor’s outage, CrowdStrike countersued its customer. CyberDaily reports CrowdStrike’s statement, previously reported by The Times of India, but adds CrowdStrike’s counterclaim that Delta delayed its own recovery by refusing assistance from it and its partner, Microsoft: […]

News, Malware Ransomware
October 29, 2024
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RedLine, META infostealer malware operations disrupted by “Operation Magnus”

An announcement by Dutch police in conjunction with their law enforcement partners had cyberdefenders smiling yesterday. Law enforcement had seized the source code and network infrastructure for RedLine and META infostealers. In what has been called “Operation Magnus,” law enforcement warned cybercriminals that they got their data, too. In a “final update” video, law enforcement […]