.jpg?width=200&height=78&name=CH%20Diligence%20(thicker%20line).jpg "CH Diligence (thicker line)")
Private Equity Wire: Vista Equity Partners (Vista) is to acquire KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platforms, in an all-cash transaction valued at approximately $4.6 billion on an equity value basis.
FCW: In an Oct. 11 fact sheet, the White House teed up plans to host a meeting with stakeholders including companies and trade associations to discuss "a common label for products that meet U.S. government standards and are tested by vetted and approved entities."
AP News: Arne Schoenbohm, who heads the BSI agency, co-founded a cybersecurity group a decade ago that brings together experts from public institutions and the private sector. German media reported that one of its members is a company founded by a former Russian intelligence agent.
U.S. News: "The investigation has concluded that no evidence of any compromise was found and as such Lloyd's has been advised that its network services can now be restored," a company spokesperson said in an email.
The Target: American Airlines, U.S based air travel company.
The Take: Exposure of Personally Identifiable Information including: employee and customer names, dates of birth, mailing addresses, phone numbers, email addresses, driver license numbers, passport numbers, and certain medical information.
The Vector: Using a phishing attack, the threat actor compromised an employee’s Office365 account, and acting with all their permissions, exfiltrated the exposed data.
This breach is a stark reminder of the effective of social engineering attacks and how critical authentication controls are in an overall robust cybersecurity posture. Enforcing multi-factor authentication, reasonably paced password resets, and regular social engineering and phishing awareness training are all effective strategies to mitigate these kinds of breaches to protect a firm’s customer base.
Bleeping Computer: A ransomware operation named Royal is quickly ramping up, targeting corporations with ransom demands ranging from $250,000 to over $2 million.
ZDNet: Russia has engaged in a sustained, malicious cyber campaign against Ukraine and its allies since the February 24 invasion – but its lack of success shows that it's possible to defend against cyberattacks, even against some of the most sophisticated and persistent attackers, says the UK's cybersecurity chief.
Tech Crunch: As regulators around the world try to provide frameworks for the digital asset industry, two U.S. senators have introduced a bill to help crypto companies report cybersecurity threats.
Global Newswire: Bishop Fox, the leading authority in offensive security, announced the results of a groundbreaking new survey that explores the minds and methodologies of modern attackers.
World Economic Forum: Lawmakers are seeking to strengthen cybersecurity requirements across the European Union, advancing new legislation to bolster security requirements for all digital hardware and software products.
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