Over 160 of the world’s largest enterprises had their data stolen this year. All by the same attack strategy. Each of the businesses, ranging from AT&T and Santander Bank to Advance Auto Parts and Ticketmaster parent company LiveNation, had uploaded massive volumes of sensitive customer...
Corporate email accounts are among the most exploitable entry points for scammers. Phishing, ransomware and business email compromise (BEC) attacks cost companies billions of dollars annually, often originating from compromised email credentials. That’s why the news this week (Oct. 30) that Amazon’s WorkMail enterprise email...
In today’s high-stakes digital business battleground, cybersecurity isn’t just for the IT team. Cyber threats are a growing challenge for businesses of all sizes, and against that backdrop the role of chief financial officers (CFOs) and senior leaders in cyber resilience is growing as critical...
Delta Air Lines has made good on its promise to sue cybersecurity firm CrowdStrike. The lawsuit, as reported Friday (Oct. 25) evening by The Wall Street Journal (WSJ), stems from a worldwide technology outage in July that grounded 7,000 Delta flights, while causing upheaval at...
First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of this type of phishing scam, which involves QR codes. Banks such as Santander and HSBC...
For firms in security-critical areas like financial services and payments, it’s time to pay attention to cybersecurity. A data breach in these industries doesn’t just mean a lost paycheck; it could trigger a financial disaster on a global, digitally interconnected scale. And with the news...
The Securities and Exchange Commission (SEC) has charged four current and former public companies with making misleading cyber disclosures. The agency alleged that Avaya Holdings, Check Point Software Technologies, Mimecast and Unisys minimized a cybersecurity incident in their public disclosures after learning that a threat...
The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence (AI). “AI has improved the ability for businesses to enhance threat detection and incident response strategies, while concurrently creating new...
Speaking at a recent cybersecurity conference, Microsoft’s Sangeeta Ranjit presented some disturbing statistics. “In the last year alone, we saw password attacks almost double at Microsoft — over 7,000 per second,” said Ranjt, whose comments were reported Tuesday (Oct. 15) by the website Biometric Update. “This includes a 58%...
