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Industry News: ESG5

    Know Your Breach: Hot Topic

    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.

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    Bitsight Buys Dark Web Security Specialist Cybersixgill for $115 Million

    2024-11-14

    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.

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    Investigation Underway After Alberta Crown Corporation Hit by Cyberattack

    2024-11-13

    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.

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    Jones Walker Unveils 2024 Cybersecurity Survey Exposing Critical Gaps in Community and Mid-Size Banks

    2024-11-12

    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. 

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    FBI, CISA, and NSA Reveal Most Exploited Vulnerabilities of 2023

    2024-11-12

    ​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.

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    Federal Government Launching Research Institute for AI Safety

    2024-11-12

    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.

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    Know Your Breach: Schneider Electric

    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.

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    Cybersecurity Company Qualys Explores Potential Sale

    2024-11-06

    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%.

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    Man Arrested in Canada Allegedly Linked to Snowflake Data Thefts

    2024-11-05

    CSO Online: Canadian federal and provincial authorities haven’t released the court documents relating to the arrest, so CSO isn’t naming the accused.

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    US Cybersecurity Chief Says Disinformation Surge Hasn't Impacted Election

    2024-11-04

    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.

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