databreach - Security World Trend Now

The Vulnerability Explored: Examining the Breach of Tens of Thousands of Cisco Devices

Reynolds Alex1 year ago011 mins

Threats: Unidentified Attackers Breach Tens of Thousands of Cisco Devices Introduction Tens of thousands of physical and virtual devices running Cisco networking software have been compromised due to a yet-unpatched vulnerability. Multiple independent researchers have discovered that attackers are actively exploiting this vulnerability, primarily targeting telecommunications companies. The breach gives attackers full control over the…

D-Link: Setting the Record Straight on Data Breach Allegations

Patel Maya1 year ago08 mins

Data Breaches: D-Link Disputes Hacker’s Claims Investigation reveals exaggerated claims D-Link, a leading networking equipment maker, recently launched an investigation after a hacker claimed to have breached their internal network in Taiwan. The hacker offered to sell stolen data, including customer information and source code, for $500. However, according to D-Link, the claims made by…

Employees Beware: D-Link Data Breach Highlights the Danger of Phishing Attacks

Emma Thompson1 year ago010 mins

The IT Professional’s Blueprint for Compliance Introduction In today’s digital landscape, the threat of cyberattacks looms large over businesses and individuals alike. With the rise of sophisticated hacking techniques and the increasing value of personal data, it is more crucial than ever for IT professionals to prioritize compliance with industry standards and frameworks related to…

Exploring the Consequences: Equifax Slapped with $13.5 Million Fine for 2017 Data Breach

Morgan Sarah1 year ago08 mins

Data Breaches: Equifax Fined $13.5 Million for 2017 Data Breach The Fine The Financial Conduct Authority (FCA), the UK’s financial watchdog, has imposed a fine of over £11 million (approximately $13.5 million) on Equifax Ltd, the UK arm of credit reporting firm Equifax Inc. This fine comes as a result of the massive data breach…

The Rising Threat: Why Insurance Companies Face Major Risks in Cyberattacks

Patel Maya1 year ago013 mins

## Insurance Companies Face Increasing Cyberattacks: The Threat to Confidential Data In recent years, insurance companies have become prime targets for cyberattackers, who are increasingly focused on exploiting the vast amount of personal, medical, corporate, and other confidential data that can be monetized after a successful breach. This trend has only intensified in 2023, with…

The Rising Threat of Ransomware: Is Anyone Truly Too Rich to Pay?

Emma Thompson1 year ago010 mins

MGM Resorts’ Incident Response Strategy Pays Off In September, MGM Resorts, a hospitality and casino giant, experienced a ransomware attack. Unlike Caesars Entertainment, which had previously been targeted by the same threat actors and chose to pay a negotiated ransom of $15 million, MGM decided not to engage or negotiate with the cybercriminals. The fallout…

Appealing Justice: Uber’s Former Chief Information Security Officer Fights Conviction in Landmark Data Breach Case

Nguyen Michael1 year ago010 mins

Former Uber CISO Appeals Conviction in Data Breach Case Former Uber Chief Information Security Officer (CISO), Joseph Sullivan, is appealing his conviction earlier this year on charges related to a 2016 data breach at the company. In a brief filed with the US Court of Appeals for the Ninth Circuit, Sullivan’s legal team argued that…

Blackbaud: A Costly Lesson in Data Breach Accountability

Emma Thompson1 year ago06 mins

Data Breach Settlement: Blackbaud Agrees to Pay $49.5M Introduction In a significant development in the data security landscape, Blackbaud, a prominent fundraising software company, has agreed to pay $49.5 million to settle a case brought by attorneys general from all 50 states. The settlement relates to a data breach that occurred in 2020, resulting in…

What Are the Implications of Mom’s Meals Data Breach? Here’s What You Need to Know

Nguyen Michael1 year ago08 mins

Naked Security Mom’s Meals issues “Notice of Data Event”: What to know and what to do Background In a recent cyberattack, US food delivery company PurFoods, which operates under the name Mom’s Meals, experienced a breach of its network that lasted from January 16th to February 22nd, 2023. The cyberattack involved the encryption of certain…

Unraveling the Intricate Web: The 0ktapus Threat Group Strikes 130 Firms

Nguyen Michael1 year ago09 mins

Tentacles of ‘0ktapus’ Threat Group Victimize 130 Firms Introduction In a recent report, cybersecurity researchers from Group-IB have uncovered a large-scale phishing campaign orchestrated by the threat group known as “0ktapus.” This campaign targeted more than 130 organizations, compromising a total of 9,931 accounts. The attacks primarily aimed to obtain identity credentials and multi-factor authentication…