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Cybersecurity Dive: Coalition is one of the world’s largest cyber insurers, so its data offers a broad survey of the cyber risk landscape, from the behavior of threat actors to the best strategies for avoiding a digital security crisis.
Yahoo News: The vast majority of UK firms are not at the required level of readiness to be able to withstand modern cyber attacks, a new report has warned.
Crunchbase: Identity management is a hot area for investment of late. That was particularly obvious in the past few weeks, as two startups in the space secured over $300 million and a major eyeball-scanning initiative made its U.S. debut.
Bank Info Security: Cybersecurity attracted $13 billion in investments in 2024, a 40% jump in funding compared to 2023, with nearly half going to early-stage startups.
The Target: Ascension, one of the largest private healthcare systems in the United States.
The Take: Depending on the impacted patient, the attackers gained access to a combination of personal information, including name, address, phone number(s), email address, date of birth, race, gender, and Social Security numbers (SSNs).
The Vector: The timeline of the breach implies the attack was part of a series of Clop ransomware data theft attacks that exploited a zero-day flaw in Cleo secure file transfer software.
This breach is critical reminder that zero-day exploits do happen, and furthermore that patching software in a timely, effective manner is a key component of ensuring customer data is protected. Ensuring third-party vendors are deploying patches and fixes in accordance with a firm’s cybersecurity policy is an important step in an overall robust security posture.
Cybersecurity Dive: Zero-day vulnerability exploitation represents one of several important metrics for assessing the software industry’s progress on baking security into its development practices.
Forbes: AI has evolved from a futuristic novelty into a workhorse with outsized returns on investment for modern businesses. Companies are already using it to power chatbots, analyze massive datasets and streamline critical operations.
SecurityWeek: According to SecurityWeek’s analysis, more than 30 cybersecurity firms collectively raised more than $1.7 billion in funding in the month of April, underscoring the sector’s robust growth and investor confidence in cyber defense technologies.
Dark Reading: In a sign of how pervasive data sharing has become, businesses may face challenges complying with a new government rule restricting data use outside the US.
Cyberscoop: Cybersecurity companies don’t just defend their customers against cyberattacks — they also have to defend themselves, and a SentinelOne report examines some of the biggest threats they’re facing.
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