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The Target: Schneider Electric is a French multinational company that manufactures energy and automation products ranging from household electrical components found in big box stores to enterprise-level industrial control and building automation products.
The Take: The threat actors claim that the stolen data includes 75,000 unique email addresses and full names for Schneider Electric employees and customers.
The Vector: The threat actor said they breached Schneider Electric's Jira server using exposed credentials. Once they gained access, they claimed to use a MiniOrange REST API to scrape 400k rows of user data.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Yahoo Finance: Crowdstrike Holdings Inc. disclosed an expanded distribution partnership with Ignition Technology to bring its Falcon cybersecurity platform to Ignition’s partner network in Ireland.
BNN Bloomberg: Qualys Inc. is exploring options including a potential sale after receiving takeover interest, people familiar with the matter said, as consolidation is expected to accelerate in the cybersecurity sector. The stock rose as much as 33%.
Bleeping Computer: The Federal Ministry of Justice in Germany has drafted a law to provide legal protection to security researchers who discover and responsibly report security vulnerabilities to vendors.
CSO Online: Canadian federal and provincial authorities haven’t released the court documents relating to the arrest, so CSO isn’t naming the accused.
Cybersecurity Dive: Fraud is on the rise. Americans lost $10.2 billion to fraud in 2023, a 14% increase in reported losses compared to 2022, according to the Federal Trade Commission. And fraudsters are aided in no small part by advanced technology, according to the international police organization Interpol.
US News: U.S. cybersecurity agency director Jen Easterly said that her department has not seen evidence of any activity that could directly impact the outcome of the election, despite a surge in disinformation.
Bank Info Security: British financial institutions must ensure by this spring that they could reasonably weather a third-party tech outage on the scale of July's global meltdown of 8.5 million computers triggered by a faulty update from cybersecurity firm CrowdStrike.
The Target: Landmark Admin is a third-party administrator for insurance companies, offering back-office services like new business processing and claims administration for large insurance carriers.
The Take: The following information related to potentially impacted individuals may have been subject to unauthorized access: first name/initial and last name; address; Social Security number; tax identification number; driver's license number/state-issued identification card; passport number; financial account number; medical information; date of birth; health insurance policy number; and life and annuity policy information.
The Vector: Landmark says it found evidence that the threat actor accessed some files during the attack that contained the personal information of 806,519 people.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
PR Newswire: With nearly a 10-percentage point jump in cyberattacks over the past year, Canadian business leaders rank cybersecurity as the No. 1 threat to their growth, finds a recent KPMG Private Enterprise™ survey.
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