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The Target: Slim CD is a provider of payment processing solutions that enables businesses to access electronic and card payments via web-based terminals, mobile, or desktop apps.
The Take: The types of data that may have been accessed by the unauthorized party include: full name, physical address, credit card number and payment card expiration date.
The Vector: The firm first detected suspicious activity on its systems this year on June 15. During the investigation, the company discovered that hackers had gained access to its network since August 17, 2023.
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.
Sky News: Sky News has learnt that NCC has engaged bankers at Rothschild to examine options for its cybersecurity arm, with a sale among the possible options being considered.
Dark Reading: Last year, breaches resulting from exploited vulnerabilities increased 180%, while the average cost of a data breach the US topped nearly $5 million.
Crunchbase: Cybersecurity was a hot area for venture investment in the first half of 2025, with total funding to the space hitting its highest level in three years.
Yahoo Finance/Reuters: Italian tech firm Exein said a pick up in European defence spending was supporting its domestic growth, as it closed a funding round aimed at global expansion.
Business Wire: Nautic Partners, LLC (“Nautic”) is pleased to announce that, in partnership with management, it has closed the acquisition of AccessIT Group, Inc. (“AccessIT”) as a new platform investment.
Yahoo Finance/Reuters: European Central Bank supervisors are focusing on issues ranging from tariffs to cyber attacks and a possible dollar shortage as they assess potential risks to the region's banking industry, five senior central bank officials told Reuters.
TechCrunch: The Trump administration, through the Department of Defense, plans to spend $1 billion over the next four years on what it calls “offensive cyber operations.”
The Target: Crypto ATM operator Bitcoin Depot
The Take: Bitcoin Depot said in its notice to customers that the breach involved their name, phone number, driver’s license number and could have also included addresses, birth dates and emails.
The Vector: On July 18, 2024, the cybersecurity firm finished its investigation and “confirmed that an unauthorized party accessed files containing personal information of certain customers,” according to a spokesperson and the customer notice.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Business Wire: Cyberstarts, the leading early-stage cybersecurity venture firm, announced the launch of a $300 million Employee Liquidity Fund.
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