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The Target: Farmers Insurance is a U.S.-based insurer that provides auto, home, life, and business insurance products. It operates through a network of agents and subsidiaries, serving more than 10 million households nationwide.
The Take: The company says that its investigation determined that customers' names, addresses, dates of birth, driver's license numbers, and/or last four digits of Social Security numbers were stolen during the breach.
The Vector: On May 30, 2025, one of Farmers' third-party vendors alerted Farmers to suspicious activity involving an unauthorized actor accessing one of the vendor's databases containing Farmers customer information.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
TechDay: A new report has found that almost three-quarters of organisations globally have already incorporated artificial intelligence (AI) into their cybersecurity defences.
CFO Dive: The escalating risks underscore the need for increased coordination between cybersecurity and finance teams, according to the study.
PYMNTS: When the British retailer Marks & Spencer (M&S) disclosed last year that a supplier breach had unleashed a ransomware attack, it was the kind of nightmare scenario every corporate board dreads.
Yahoo News/Reuters: Anthropic said it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters.
Yahoo Finance/Reuters: Cybersecurity company Okta raised annual revenue and profit forecasts, betting on growing demand for its identity verification tools as enterprises strengthen defenses against artificial intelligence-powered attacks.
Cybersecurity Dive: Chief information security officers are increasingly concerned about the risk of a cyberattack, and a growing number say they have experienced a material loss of data over the past year, according to a report released by Proofpoint.
TechRadar: A function that was once buried deep within IT departments, cyber security is now firmly making its way up the boardroom agenda. 72% of UK businesses now classify cyber security as a high priority, with that extending to 96% of large businesses.
The Target: Workday, the cloud-based software company providing human resources systems
The Take: The threat actor was able to obtain what Workday described as “commonly available business contact information, like names, email addresses, and phone numbers,” which it speculated could be exploited “potentially to further their social engineering scams.”
The Vector: In its statement, the company said it “recently identified that Workday had been targeted and threat actors were able to access some information from our third-party CRM platform,” although it did not identify which platform it uses.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
Cyber Daily: Following Prime Minister Anthony Albanese’s move to recognise the Palestinian state, and Israel’s response, hacktivists groups have already begun to make their mark on government agencies and education institutions.
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