.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
CSO: The United States is heading into a crucial election year, with a high-stakes presidential election that could determine the republic’s fate for decades. In addition, all 435 seats in the United States House of Representatives, 34 Senate seats, and 13 governorships are up for grabs, along with thousands of local government elections.
SecurityWeek: Collectively tracked as the Lazarus Group, the North Korean hackers specialize in cryptocurrency-related intrusions, mainly relying on spear-phishing emails to trick victims into authorizing malicious scripts and downloading malware.
The Target: General Electric (GE) is an American multinational company with divisions in power, renewable energy, and aerospace industries.
The Take: According to the threat actor, "data includes a lot of DARPA-related military information, files, SQL files, documents etc." As proof of the breach, the threat actor shared screenshots of what they claim is stolen GE data, including a database from GE Aviations that appears to contain information on military projects.
The Vector: The data was exposed through a server that was misconfigured so that it was accessible online.
This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Forbes: The hyper-connected nature of our world, the growing use of cloud applications and the fact that data now resides anywhere are all contributing factors to the ubiquity of cyberattacks.
CNBC: The news sent shares down as much as 7% in pre-market trading, although the stock recovered after Okta posted earnings that beat estimates. The company had originally been expected to report earnings after the bell, but moved its report up to the morning shortly after it disclosed the expanded breach in a blog post filed with the SEC.
Forbes: On one hand, 63% of cybersecurity professionals complain that working conditions have become more difficult over the last two years owing to a heavy surge in cyberattacks, mounting data privacy concerns, overwhelming workloads, budget restrictions, staffing shortages and a complex regulatory environment.
US News: CrowdStrike Holdings on Tuesday forecast fourth-quarter revenue above Wall Street estimates, driven by resilient demand for its cybersecurity offerings in the wake of rising online threats.
Bleeping Computer: In cooperation with Europol and Eurojust, law enforcement agencies from seven nations have arrested in Ukraine the core members of a ransomware group linked to attacks against organizations in 71 countries.
CXOtoday: Cybersecurity is an integral part of Industry 4.0. In the current era of fast technological advancements and innovations, cybersecurity is the key to continued success and business longevity.
Yahoo Finance: Artificial intelligence and automation are reshaping the digital defense landscape. Companies are engaged in a relentless race to outpace cyber threats, with the effectiveness of their cybersecurity systems playing a pivotal role in determining market success moving forward.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Prague
2nd Floor, The Park
V Parku 8
Chodov, Praha, 148 00
Czech Republic
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy