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Bleeping Computer: The hacker who claimed to have breached Optus and stolen the data of 11 million customers has withdrawn their extortion demands after facing increased attention by law enforcement. The threat actor also apologized to 10,200 people whose personal data was already leaked on a hacking forum.
Dark Reading: Though funding activity this year is somewhat slower than in 2021 and market valuations of cybersecurity firms have taken a hit, mergers and acquisitions activity has remained strong through the year, as has investor interest in the sector.
The Target: 2K Games, an American video game publisher.
The Take: Customers were targeted with fake support tickets which contained malicious software in embedded links.
The Vector: An employee’s credentials were compromised, allow the attacker full access to the help desk panel, which they then used to contact customers and socially engineer them to click on dangerous URLs.
This breach is a stark reminder of 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.
Private Equity Wire: Pando’s strategic technology leadership has helped drive the growth of Adams Street’s global private markets investment platform. She has overseen the build-out of front office investment and CRM systems, as well as back-office operations, reporting, and risk management systems.
TechCrunch: Cybersecurity giant Malwarebytes has announced it has received a $100 million cash injection from Vector Capital, a private equity firm that invests in established technology businesses.
Yahoo Finance: SentinelOne, an AI endpoint security firm that went public last June, has announced the launch of S Ventures, a $100 million fund to invest in the generation of enterprise cybersecurity startups.
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.
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