Trump 2.0 May Mean Fewer Cybersecurity Regs, Shift in Threats

November 15, 2024 at 08:05AM President-elect Donald Trump’s administration is expected to prioritize critical infrastructure security while reducing cybersecurity regulations. Experts predict a shift in cyber threats due to changing foreign policies, particularly concerning China, Iran, and Russia. Companies may see an uptick in state-level privacy regulations amid an easing of federal oversight. ### Meeting … Read more

Businesses Worldwide Targeted in Large-Scale ChatGPT Phishing Campaign

November 4, 2024 at 04:01AM Barracuda has identified a widespread phishing campaign impersonating OpenAI, aiming to steal ChatGPT credentials from businesses globally. This large-scale effort poses significant security risks as it targets various organizations. **Meeting Takeaways:** 1. **Observation of Campaign**: Barracuda has identified a significant impersonation campaign targeting OpenAI. 2. **Objective of the Campaign**: The … Read more

Five Eyes nations tell tech startups to take infosec seriously. Again

October 29, 2024 at 04:35AM Five Eyes nations are providing tech startups with security guidance to combat threats, particularly from Chinese IP theft. At a recent summit, they outlined five principles focusing on understanding threats, securing business environments and products, ensuring trustworthy partnerships, and managing risks during growth. Various nations have produced tailored resources to … Read more

Electric Motor Giant Nidec Confirms Data Stolen in Ransomware Attack

October 21, 2024 at 06:50AM Nidec, an electric motor manufacturer, has confirmed that a ransomware attack resulted in the theft of both business and internal documents. This incident highlights ongoing cybersecurity vulnerabilities within the industry. **Meeting Takeaways:** 1. **Incident Overview**: Nidec, an electric motor manufacturer, has confirmed that a ransomware attack resulted in the theft … Read more

QR Phishing Scams Gain Motorized Momentum in UK

September 18, 2024 at 02:04PM Two threat groups are using QR code parking scams in the UK and globally, affecting users who scan the malicious codes, resulting in potential financial fraud and a parking ticket. The scams have spread to Canada and the US, with tourists being targeted in various UK locations. Businesses are urged … Read more

Beyond Immature Rhetoric: The Case Against Mockery and Ambulance Chasing in the Security Industry

September 11, 2024 at 10:06AM The 2017 SecurityWeek article discussed the detrimental effects of “Ambulance Chasing” and mocking in the security community. It emphasizes the need for constructive dialogue, maturity, and empathy during crises. It urges security professionals to avoid these harmful practices and focus on learning, improving, and building partnerships to better protect enterprises. … Read more

Car rental giant Avis data breach impacts over 299,000 customers

September 9, 2024 at 01:45PM Avis, the American car rental company, experienced a data breach when attackers accessed one of its business applications and unauthorizedly obtained customer personal information. Based on the meeting notes, it appears that Avis, a car rental company, experienced a data breach in one of its business applications last month. As … Read more

Business services giant CBIZ discloses customer data breach

September 2, 2024 at 11:39AM CBIZ, a management consulting company, reported a data breach involving unauthorized access and theft of customer data. The breach, detected on June 24, 2024, affected nearly 36,000 individuals, exposing personal information such as names, contact details, and Social Security numbers. Impacted clients have been offered credit monitoring and identity theft … Read more

SANS Institute Unveils Critical Infrastructure Strategy Guide for 2024

August 29, 2024 at 04:49PM The SANS Institute has released a critical strategy guide, “ICS Is the Business,” in response to a 50% increase in ransomware attacks on ICS in 2023. Authored by Dean Parsons, the guide emphasizes the growing threat landscape, the impact of high-frequency attacks, ICS cybersecurity controls, and the role of AI, … Read more

Chameleon Banking Trojan Makes a Comeback Cloaked as CRM App

August 7, 2024 at 01:43PM The Chameleon Android banking Trojan has resurfaced with new security-bypass features, posing as a CRM application to target employees in the hospitality sector and businesses in Canada and Europe. The malware’s advanced abilities to bypass Android 13+ restrictions and masquerade as security applications signify a growing risk to organizations and … Read more