August 5, 2024 at 12:54PM Keytronic, an electronic manufacturing services provider, reported losses of over $17 million following a May ransomware attack. Based on the meeting notes, the key takeaway is that Keytronic, an electronic manufacturing services provider, incurred significant losses of over $17 million as a result of a ransomware attack in May. This … Read more
August 5, 2024 at 09:07AM Cybersecurity regulations vary by region, allowing cybercriminals to exploit gaps in governance. To bridge these gaps, global collaboration is necessary. North America has improved security culture, but major cyberattacks still occur. South America’s varying development levels present challenges. Africa faces rapid technology adoption and increasing cybercrime. Europe and Oceania are … Read more
August 5, 2024 at 06:00AM The US Justice Department and FTC have sued TikTok, accusing the company of violating children’s online privacy laws and previous settlements. Allegations focus on collecting personal information from children without parental consent, refusing to delete underage accounts, and sharing data with other companies. TikTok disputes the claims, but the lawsuit … Read more
August 3, 2024 at 06:18AM The U.S. Department of Justice and FTC filed a lawsuit against TikTok for allegedly violating children’s privacy laws, claiming the platform collected children’s data without parental consent. The suit accused TikTok of illegally retaining personal information from children, enabling targeted advertising, and allowing interaction with adult content. The platform faced … Read more
August 1, 2024 at 03:39PM The Black Basta ransomware group has evolved its tactics by using custom tools and new initial access techniques after the takedown of the Qakbot botnet. This shift has enabled the group to continue flourishing in cybercriminal operations, with the development of custom malware like SilentNight, Cogscan, and Knotrock, posing a … Read more
August 1, 2024 at 02:34PM Researchers are warning of increased abuse of Cloudflare Tunnel service by threat actors in malware campaigns, often delivering remote access trojans (RATs). Based on the meeting notes, the key takeaway is that researchers are concerned about threat actors using the Cloudflare Tunnel service to deliver remote access trojans (RATs) in … Read more
August 1, 2024 at 05:54AM Google has introduced app-bound encryption to Chrome on Windows to enhance browser security. This new feature prevents malicious applications from accessing encrypted data, increasing the difficulty for attackers. The change applies only to cookies currently but may expand to include passwords and payment data in the future. This is part … Read more
July 31, 2024 at 02:19PM OneBlood, a major U.S. blood center, faces an IT outage due to a ransomware attack. This affects blood collection and distribution, potentially impacting surgeries and treatments. Operations are reduced, encouraging urgent O Positive, O Negative, and Platelet donations. Similar to a UK incident, the attack prompts hospital blood shortage protocols … Read more
July 31, 2024 at 07:27AM Summary: Phishing attacks are increasing in size and complexity, necessitating efficient security operations. Material Security offers a unique email security and data protection approach to save security teams time. Their platform balances precision and recall, identifies and clusters suspicious messages, and automates user reporting, providing advanced protection and operational efficiency. … Read more
July 31, 2024 at 04:36AM The UK’s Electoral Commission faced a formal reprimand for security failings that led to a cyberattack stealing personal data from 40 million voters. The attack went unnoticed for 13 months due to ineffective patching, default passwords, and weak password management. The ICO noted improvements made post-incident but emphasized the need … Read more