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The Target: Retail giant Hot Topic, which has more than 640 stores across the U.S.
The Take: The stolen data includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth. Partial credit card data was also included in the breach, including credit card type, expiry dates, and the last four digits of the card number.
The Vector: The breach occurred on October 19 and was claimed by a threat actor operating under the alias “Satanic” on October 21. In a post on the cybercrime forum BreachForums, Satanic claimed to have stolen 350 million user records from Hot Topic and its affiliated brands, Box Lunch and Torrid.
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.
TechCrunch: More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a stake in the business and became its largest shareholder in 2021, is acquiring Cybersixgill for $115 million.
Dark Reading: The increase in cyber operations, disruptive attacks, and hacktivism in the Middle East has led the region's largest nations to pursue more sophisticated cybersecurity laws and frameworks over the past decade, leading to a dynamic regulatory landscape that companies need to navigate moving forward, according to regional experts.
Yahoo News: An Alberta Crown corporation says it recently experienced "network issues" after it was the target of a cyberattack. Dwayne Brunner, a spokesman for Alberta Innovates, wouldn't confirm when the issues began, but said an investigation is underway and all network problems have been resolved.
TechCrunch: Many feared that the 2024 election would be affected, and perhaps decided, by AI-generated disinformation. While there was some to be found, it was far less than anticipated. But don’t let that fool you: The disinfo threat is real — you’re just not the target.
PR Newswire: Jones Walker LLP today announced the release of its 2024 Community and Mid-Size Banks Cybersecurity Survey, the fourth in the law firm's series of industry-focused, biannual cybersecurity studies.
Bleeping Computer: The FBI, the NSA, and Five Eyes cybersecurity authorities have released a list of the top 15 routinely exploited vulnerabilities throughout last year, most of them first abused as zero-days.
Yahoo News: The federal government is opening a research centre that will study the dangers posed by artificial intelligence technology. Industry Minister François-Philippe Champagne announced the launch of the Canadian Artificial Intelligence Safety Institute in Montreal.
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.
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