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The Record: One of the biggest apparel companies in the world reported a “material” cyberattack to the U.S. Securities and Exchange Commission (SEC) on the first day that a new cyber incident reporting rule went into effect.
SecurityWeek: Nearly 70% of Iran’s gas stations went out of service following possible sabotage — a reference to cyberattacks, Iranian state TV reported.
XM: Britain's National Grid NG.L has started removing components supplied by a unit of China-backed Nari Technology's 600406.SS from the electricity transmission network over cyber security fears, the Financial Times reported.
Yahoo Finance: The technology sector is set to outperform again in 2024, with cybersecurity and cloud networking stocks among those best positioned, according to Barclays. A major catalyst: artificial intelligence.
The Target: Toyota Financial Services is the finance arm of the Toyota Motor Corporation. It is a subsidiary of Toyota and provides a range of financial services to Toyota customers and dealerships worldwide.
The Take: Threat actors gained access to full names, residence addresses, contract information, lease-purchase details, and IBAN (International Bank Account Number).
The Vector: Threat actors likely exploited the vulnerability Citrix Bleed to gain initial access to the company’s network.
This breach is critical reminder that zero-day exploits do happen, and furthermore that patching software in a timely, effective manner is a key component of ensuring customer data is protected. Ensuring third-party vendors are deploying patches and fixes in accordance with a firm’s cybersecurity policy is an important step in an overall robust security posture.
Financial Newswire: Less than a week after the Australian Prudential Regulation Authority (APRA) imposed additional license conditions on NGS Super over a cyber breach, a new white paper is arguing that managing communications to members is key to minimizing reputational damage.
BNN Bloomberg: The Commodity Futures Trading Commission proposed new cybersecurity rules for brokerages and swaps dealers in response to this year’s highly disruptive ransomware attack on software company Ion Trading UK.
Forbes: Embarking upon the cyber frontier, this article aims to delve into the dynamic landscape of data privacy and cybersecurity, unveiling the intricate measures organizations adopt to stay at the forefront of digital defense.
CFO Dive: When Seth Cohen started his career in corporate finance as an analyst at Lehman Brothers, it was long before the internet exploded into a worldwide phenomenon.
PR Newswire: Bitsight, a leader in managing and monitoring cyber risk, announced the results of a joint study with Google analyzing how organizations perform across cybersecurity controls in the Minimum Viable Secure Product (MVSP) framework—a minimum security baseline for enterprise-ready products and services.
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