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Yahoo News: Cybersecurity firm CrowdStrike’s latest Global Threat Report showed that the number of attacks using malware has dropped in the last year, with hackers instead using “hands-on keyboard activity” to breach organisations.
Tech Crunch: Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 billion in 2022, according to Momentum Cyber.
BNN Bloomberg: A senior US cybersecurity official described adoption of some of Microsoft Corp. and Twitter Inc.’s security protocols as “disappointing” as part of a broadside against large technology companies’ approach to protecting user accounts.
U.S News: The Australian government on Monday said it planned to overhaul its cyber security rules and set up an agency to oversee government investment in the field and help coordinate responses to hacker attacks.
The Target: The NHS, the United Kingdom’s National Health Service.
The Take: Exposure of 14,000 employee records containing Personally Identifiable Information including: names, physical addresses, Date-of-Birth, NI numbers, gender, ethnicity, and salary.
The Vector: The unencrypted and unprotected file was accidentally sent to hundreds of in-firm managers, but also to twenty-four external email accounts. The file in question was a spreadsheet which had hidden tab containing the information.
This breach is a stark reminder of how critical data processes and protocols are when handling sensitive information. Furthermore, the information stolen in this attack could lead to highly targeted phishing campaigns against the victims. Regular training social engineering training, specifically around the human need to get tasks done quickly with a focus on “stop and think” methodology is a key component in cybersecurity.
Tech Crunch: Cybersecurity continues to be a major area for investment among businesses, and today a startup building solutions for smaller enterprises is announcing a funding round to meet that demand. CyberSmart — a U.K. startup that has built an all-in-one platform providing cybersecurity technology for small and medium businesses, and cyber insurance if things go wrong regardless — has closed a Series B of £12.75 million ($15.4 million).
Cision: Network Assured shared the results of a recent data study on cybersecurity, that looked at which U.S. states had suffered the most data breaches in 2022. The study looked at data breaches from all industries, to rank the states where businesses faced the highest risk of cyberattack to the lowest.
The Record: Venture capital investments in cybersecurity firms showed a significant dip in the second half of 2022, according to data collected by financial research firm Momentum Cyber.
Yahoo Finance: As US Department of Justice investigators and companies beef up their oversight of cybersecurity threats, the impact of ransomware attacks — hackers demand ransom payments from targets — has been blunted, according to a Wall Street Journal report.
CNBC: AT&T Inc the second-biggest U.S. wireless carrier, is exploring a sale of its cybersecurity division, potentially undoing an acquisition it completed five years ago, according to people familiar with the matter.
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