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CSO Online: Generative AI enabled threats, such as highly convincing phishing emails and morphed digital identities, which accurately mimic human communication, are evolving in real time, surpassing existing security measures and posing challenges to legacy defenses.
U.S. Securities and Exchange Commission (SEC): The Securities and Exchange Commission announced settled charges against New York-based registered transfer agent Equiniti Trust Company LLC, formerly known as American Stock Transfer & Trust Company LLC, for failing to assure that client securities and funds were protected against theft or misuse.
SecurityWeek: Chainalysis found that while illegal on-chain activity has dropped by nearly 20% year-to-date, ransomware payments have increased by 2%, from $449.1 million in the first half of 2023 to $459.8 million in the first half of 2024.
CFO Dive: AT&T, Ticketmaster owner Live Nation Entertainment and UnitedHealth Group are among companies that have reported massive data breaches since January.
Bleeping Computer: American chipmaker Microchip Technology Incorporated has disclosed that a cyberattack impacted its systems over the weekend, disrupting operations across multiple manufacturing facilities.
The Guardian: More than 7,300 websites have been taken down in the first year of operation of the Australian Securities and Investment Commission’s service targeting investment scams, the regulator has revealed.
The Target: Advanced Computer Software Group, a provider of IT and software services to the U.K.’s National Health Service (NHS) and other healthcare organizations.
The Take: The data breach affected 82,946 people, with sensitive information being exfiltrated, including medical records, phone numbers, and access details to the homes of 890 individuals receiving care at home.
The Vector: The incident, which occurred in August 2022, involved a ransomware attack that accessed systems via an account lacking multi-factor authentication.
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.
The Guardian: Cybersecurity firm Wiz, which last month rejected a $23bn (£18bn) takeover bid from Google’s parent company, Alphabet, is to open a European headquarters in London – a move that is a major shot in the arm for the UK’s aspiration to be a global tech hub.
CBS News: A new lawsuit is claiming hackers have gained access to the personal information of "billions of individuals," including their Social Security numbers, current and past addresses and the names of siblings and parents — personal data that could allow fraudsters to infiltrate financial accounts or take out loans in their names.
Cybersecurity Dive: Global M&A deal volume increased 36% in the first quarter of the year, according to an Ernst & Young analysis. While such growth can be seen as a sign of positive economic development, it can also create new entry points for cyber threat actors, Resilience said in its report.
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