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CNN: US officials are telling American businesses and government organizations to take extra precautions against hackers this Thanksgiving following multiple ransomware attacks during previous holiday periods.
ETF Trends: Cybersecurity is such an important theme that there an entire month devoted to awareness of it. For investors, the relevance of cybersecurity lasts for all 12 months of the year, and there are multiple avenues for addressing that relevance.
Help New Security: Bugcrowd released a report which provides CIOs and CISOs valuable insight on ethical hackers and the economics of security research. New findings indicate a startling shift in the threat landscape with 8 out of 10 ethical hackers recently having identified a vulnerability they had never seen before.
World Economic Forum: With G7 officials recently endorsing principles for central bank digital currencies (CBDC), and over 80 countries launching some form of initiative related to CBDC, it seems their widespread deployment is a matter of time.
The target: RedDoorz, a Singapore based hotel booking site.
The take: Exposure of 5.9 million records of Personally Identifiable Information including: names, contact numbers, email addresses, dates of birth, encrypted passwords and booking information.
The attack vector: The attacker gained access to an Amazon Web Services key which was embedded in an APK (Android Application Package), a piece of software used in their systems. Had the firm examined the APK, they could have prevented the exploit by removing the AWS key from the APK.
This breach highlights the critical importance of IT asset management, specifically just how necessary it is that firms are aware of what software they are using and how it is being deployed. Regular auditing of all software configurations, especially where customer data is stored, across the firm is essential for maintaining a robust cybersecurity posture.
The Hill: The Senate is eyeing the annual defense bill as a vehicle to attach critical provisions to improve the nation’s cybersecurity following a devastating year in which major attacks left the government flat-footed.
ZDNet: The Series D funding round was led by existing investors Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, and Tiger Global Management.
Bleeping Computer: The warning was issued as a joint advisory released by the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), the Australian Cyber Security Centre (ACSC), and the United Kingdom's National Cyber Security Centre (NCSC).
BBC: The National Cyber Security Centre says it handled a record 777 incidents between August 2020 and September 2021. Its annual review said protecting the health sector became an urgent priority over the period.
Politico: The FBI could be sidelined in new cybersecurity legislation, a top Bureau official told lawmakers. And, in the view of America’s most powerful law enforcement agency, that would be a big problem.
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