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Tag: cybersecurity
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$4.4 Million Stolen in Crypto Heist
At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software LastPass. In an Oct. 27 X (Twitter) post, pseudonymous on-chain researcher ZachXBT said he and MetaMask developer Taylor Monahan tracked the fund movements of at least 80 wallets… Read more
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Stanford University Suffers a Data Breach
Stanford University is investigating a cybersecurity incident within its Department of Public Safety after a ransomware gang claimed it attacked the school on Friday. A statement published late on Friday afternoon explained that it is in the process of figuring out the details of the incident. “We are continuing to investigate a cybersecurity incident at… Read more
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CISA Looking at 25% Budget Cut Due To Conservative Accusations of Speech Censorship
The House Republicans’ proposal to reduce Cybersecurity and Infrastructure Security Agency spending by 25% has been noted by CISA Executive Assistant Director for Cybersecurity Eric Goldstein to be “catastrophic,” as it would significantly hamper the agency’s efforts to monitor federal network threats. ” Right now, we are at the point where we have reasonable confidence… Read more
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Ransomware Hits All Time High in September
Incidents of reported ransomware attacks hit an all-time high in September with more threat actors joining the criminal fray in a double-extortion blitz against a mix of organizations. The uptick represents a year-over-year 153% increase in ransomware attacks, according to the NCC Group. Researchers tracked 514 September attacks, besting July’s total of 502. The uptick… Read more
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Data Breach Costs Up 12.5%
Inflation is up for all sorts of products and services, including the cost of a data breach. The median cost of a data breach to an organization this year was US$2.5 million, according to an EY survey, an increase of 12 per cent over last year. The numbers are included in the EY 2023 Global Cybersecurity… Read more
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Shipping Companies Across Europe Hit by Cyberattack
Shipping companies across Europe have been hit by a widespread cyberattack. The assault seems to be a DDOS attack, taking down multiple websites. Currently, IT teams are working diligently to address and resolve the issue. It appears to be a DDOS cyber attack against shipping companies throughout Europe. The pages are down and our IT… Read more
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Casio Discloses a Data Breach
Japanese electronics manufacturer Casio disclosed a data breach impacting customers from 149 countries after hackers gained to the servers of its ClassPad education platform. Casio detected the incident on Wednesday, October 11, following the failure of a ClassPad database within the company’s development environment. Evidence suggests that the attacker accessed customers’ personal information a day… Read more
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Kansas Supreme Court Hit by Ransomware
The Kansas Supreme Court said it is probing a “security incident” that disrupted access to IT systems also used by the state’s Court of Appeals and every District Court but one, leaving them unable to accept electronic filing of documents or process some cases. The IT issues affect the state Supreme Court, Court of Appeals,… Read more
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Data Breaches Up 152.5% in 1H ’23
Flashy headlines of big-name companies suffering data breaches keep piling up. But, data breaches also harm many small businesses, and experts say they must prioritize cybersecurity. Victims of data breaches and exposures in the first half of 2023 increased 152.5% compared to the first half of 2022—from 62 million to 156.6 million, according to an… Read more
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CISA: USA Needs Better Cyber Resilience
The Executive Director of the Cybersecurity and Infrastructure Security Agency (CISA) said today that the threat posed by China within the cyber realm is evolving and much more serious today than it was a decade ago – particularly when it comes to potentially targeting the United States’ critical infrastructure. According to CISA, the U.S. must… Read more