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Bleeping Computer: Zacks discovered the at the end of last year that some customer records had been accessed without authorization. An internal investigation into the incident determined that a threat actor gained access to the network somewhere between November 2021 and August 2022.
TechCrunch: LastPass’ parent company GoTo — formerly LogMeIn — has confirmed that cybercriminals stole customers’ encrypted backups during a recent breach of its systems.
DarkReading: Leading global intelligence and cyber security consultancy S-RM has today revealed in its Cyber Security Insights Report that there has been a drop in concern around the cyber security threats posed by hybrid working. However, a significant proportion (35%) of IT leaders say they are concerned over a cyber skills gap among employees.
BNN Bloomberg: In findings published, the blockchain forensics firm estimated that ransom payments — which are almost always paid in cryptocurrency — fell to $456.8 million in 2022 from $765.6 million in 2021, a 40% drop.
Bleeping Computer: PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data. Credential stuffing are attacks where hackers attempt to access an account by trying out username and password pairs sourced from data leaks on various websites.
DarkReading: In the wake of increasing concern about threat actors using open source AI tools like ChatGPT to launch sophisticated cyberattacks at scale, it's time for us to reconsider how AI is being leveraged on the defensive side to fend off these threats.
Business Wire: It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses). However, it is Macroeconomic developments such as inflation, financial market volatility and a looming recession (up from #10 to #3 year-on-year), as well as the impact of the Energy crisis (a new entry at #4) which are the top risers in this year’s list of global business risks, as the economic and political consequences of the world in the aftermath of Covid-19 and the Ukraine war take hold.
Cision: An uptake in high-profile data breaches and the exponential rise in digitization have redefined the dynamics in the cybersecurity industry. Stakeholders have become cagey towards data management practices and cybersecurity vulnerabilities.
Hedge Week: RFA, a specialist IT provider to the alternative investment sector, has enhanced its cyber security offering for hedge and private equity funds with the addition of external surface attack management and dark web breach and exposure monitoring solutions.
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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