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Nasdaq: Hackers have stolen digital assets worth around $160 million from cryptocurrency trading firm Wintermute, its CEO tweeted the latest such heist to hit a sector long plagued by cybercrime.
Dark Reading: In seven out of eight countries, cyberattacks are now seen as the biggest risk to business — outranking COVID-19, economic turmoil, skills shortages, and other issues.
Bleeping Computer: Revolut has suffered a cyberattack that gave an unauthorized third party access to personal information of tens of thousands of clients.
U.S. News: Cybersecurity firm KnowBe4 Inc said that Vista Equity Partners had offered to take it private for $4.22 billion in cash, the latest sign of private equity interest in a sector whose valuations have declined in this year's downturn.
The Target: Uber, the U.S based app ride service.
The Take: Exposure of company internal systems and employee information.
The Vector: A threat actor obtained access to an employee’s user account by convincing them they were part of Uber’s IT team. With the compromised credentials, the attacker accessed all the internal systems the credentials had permissions to view.
This breach is a stark reminder of the very real threat of social engineering attacks which exploit our innate desire to do tasks quickly without stopping to consider the nature of the request. Training, stop-and-think methodology, and a measured approach to requests of any kind, especially where credentials and access are concerned, can help mitigate the risk.
Harvard Law School Forum on Corporate Governance: This policy brief discusses cybersecurity from the corporate governance standpoint and illustrates how Nasdaq can implement cybersecurity into its ESG Reporting Guide, which is used by many public and private companies globally.
Private Equity Wire: The investment will provide working capital to enable Fidelis’ continued success in developing cyber solutions that help security teams from top commercial, enterprise, and government agencies worldwide find and stop threats faster and more effectively.
U.S. News: U.S. President Joe Biden directed the committee that reviews foreign investment for national security risks to sharpen its focus on threats to sensitive data, cyber security and areas such as microelectronics and artificial intelligence.
ABC News: The European Union's executive arm proposed new legislation that would force manufacturers to ensure that devices connected to the internet meet cybersecurity standards, making the 27-nation bloc less vulnerable to attacks.
Cision: Picus Security, the pioneer of Breach and Attack Simulation (BAS) technology, released cyber incident data obtained from the UK's Financial Conduct Authority (FCA). Through a Freedom of Information (FOI) request, Picus can reveal a steep rise in Distributed Denial-of-Service (DDoS) attacks reported to the regulator.
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