Introduction In the fast-paced world of cybersecurity, buyouts and varying funding stages are common. However, for customers of these companies, such transitions can be a source of uncertainty and concern. Understanding the potential impacts of employee layoffs, technology integrations, executive changes, and the infusion of funds from buyouts or IPOs
In 2023, the frequency of ransomware attacks has increased significantly compared to previous years. According to Corvus Insurance's Q3 2023 Global Ransomware Report, ransomware attacks increased by more than 95% over 2022, with Q3 2023 global ransomware attack frequency up 11% over Q2[1]. This trend indicates that
Key Takeaway The key takeaway from the web page content is that digital security in 2030 will revolve around the ability of societies to match the speed of trust with the speed of innovation, with a focus on trust, data privacy, technology adoption, and the US-China relationship. wefcybersecuritytrendswefcybersecuritytrends.pdf1 MBdownload-circle
Introduction The U.S. Justice Department has announced a significant disruption campaign against the Blackcat ransomware group, also known as ALPHV or Noberus. This group has targeted over 1,000 victims worldwide, including critical U.S. infrastructure, marking a major step in the fight against global cybercrime. Justice Department Disrupts
Introduction In the United States, companies facing data breaches navigate a complex landscape of state-specific reporting requirements, alongside federal regulations such as the SEC's Form 8-K. This article delves into the intricacies of these requirements and the challenges they pose for businesses. Data Breach Notification Sites Attorney General
Update Jan 2024 Comcast Faces Class Action Lawsuits Over 2023 Xfinity Data BreachIn December of 2023, Comcast-owned telecommunications company, Xfinity, found itself at the center of a massive data breach that sent shockwaves through the tech world. This breach compromised the personal information of nearly 36 million individuals, raising concerns
The PLAY ransomware group, also known as Playcrypt, has emerged as a significant threat in the cybersecurity landscape. This group has been active since at least June 2022 and has targeted a wide range of businesses and critical infrastructure across North America, South America, and Europe. As of October 2023,
Date of Report: December 15, 2023 Event Date: December 13, 2023 Company: V.F. Corporation Introduction On December 13, 2023, VF Corporation, a renowned global leader in branded lifestyle apparel, footwear, and accessories, reported a significant cybersecurity incident. This event has raised concerns over the vulnerability of even well-established corporations
30/250 cyber war update, end of November, beginning of December 2023 NoName target Italy Port authority LockBit add USA phi victim to portal NoName targets Ukraine energy companies hunter international adds crystal lake health center with 140 GBa of data to portal newly formed cyber toufan operations starts backing
In recent years, the cybersecurity world has witnessed the rise of a formidable threat: the Medusa ransomware group. Active since June 2021, Medusa has evolved from relative obscurity to a high-profile cybercriminal operation, targeting global corporate entities with demands for exorbitant ransoms. Operational Tactics and Targets Medusa's modus
Introduction The cyberattacks on MGM Resorts International and Caesars Entertainment, two titans in the casino and hospitality industry, represent a significant episode in the annals of cybercrime. These incidents not only led to considerable financial losses but also exposed sensitive customer data, underscoring the escalating threat of cyberattacks in the
Scattered Spider, a notorious hacking group also known as UNC3944, Scatter Swine, or Muddled Libra, has gained notoriety in the cybersecurity world for its sophisticated cyber attacks. This group, consisting mostly of individuals aged 19 to 22, has been active since at least May 2022 and is believed to be