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Industry News: ESG5

    Rackspace Confirms Play Ransomware Was Behind Recent Cyberattack

    2023-01-04

    Bleeping Computer: Texas-based cloud computing provider Rackspace has confirmed that the Play ransomware operation was behind a recent cyberattack that took down the company's hosted Microsoft Exchange environments.

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    Preventing Data Breaches: The Role of Threat Intelligence Platforms and Cybersecurity Strategies

    2023-01-03

    Forbes: Threat intelligence platforms are becoming increasingly important for both government agencies and businesses in today's digital landscape. The growing threat of ransomware attacks and other malicious activities from threat actors has highlighted the need for organizations to have a comprehensive and effective way to monitor, analyze and respond to potential threats.

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    A Few Cybersecurity Stocks Soared in 2022, But Most Stumbled

    2023-01-03

    Bank Info Security: After two sensational years in the public markets during the height of the COVID-19 pandemic, 2022 was a rude awakening for the cybersecurity industry.

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    Cornerstone Payment Systems

    The Target: Cornerstone Payment Systems

    The Take: Exposure of 9 million transaction records which exposed Personally Identifiable Information including: email addresses, names, physical addresses, phone numbers, types of credit cards and donation details including destination and dollar amount. 

    The Vector: A misconfigured data server was left open and unsecured, meaning anyone with an internet connection could have viewed and downloaded the data.

    This breach is critical reminder that authentication controls are an important piece in an overall robust cybersecurity posture. This data is perfect for constructing highly effecting spear-phishing campaigns. Multi-factor authentication and password length and complexity rules on server access are effective strategies to mitigate these kinds of breaches to protect a firm’s data.

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    GodFather Android Malware Targets 400 Banks, Crypto Exchanges

    2022-12-21

    Bleeping Computer: An Android banking malware named 'Godfather' has been targeting users in 16 countries, attempting to steal account credentials for over 400 online banking sites and cryptocurrency exchanges.

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    Top White House Cybersecurity Official Plans to Step Down

    2022-12-21

    BNN Bloomberg: The US’s first national cyber director, Chris Inglis, is planning to step down in the coming months, according to a person familiar with the matter.

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    Sectigo Hires Kevin Weiss As CEO

    2022-12-20

    Help Net Security: Kevin Weiss brings over 25 years of strategy and leadership experience in the technology space and joins Sectigo from Spireon, where he served as CEO for more than six years.

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    Cybersecurity Firms Hunker Down for Hard Times

    2022-12-20

    Axios: Heading into 2023, cybersecurity companies are starting to see the first signs of the economic downturn hitting their businesses. The big picture: More companies are starting to see their customers prioritize services like incident response over more costly, proactive IT investments like transitions to the cloud.

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    SickKids Hit by Ransomware Attack Affecting Some Phone Lines, Web Pages

    2022-12-20

    CBC: Toronto's Hospital for Sick Children says it has been hit with a ransomware attack affecting some of its phone lines, web pages and clinical systems.

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    CFOs Learn How to Respond and Lead During A Cyberattack

    2022-12-19

    CNBC: Imagine this situation: your CEO just resigned and as CFO, you’re the acting chief. After returning to the office from an exhausting overseas trip, your CIO informs you that malware was deployed within your customer databases.

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