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The Target: Frontier is a leading U.S. communications provider that provides gigabit Internet speeds over a fiber-optic network to millions of consumers and businesses across 25 states.
The Take: Full names and Social Security Numbers (SSNs) were confirmed as breached for 751895 customers.
The Vector: The telecommunications provider says it suffered a cyberattack in mid-April 2024, allowing hackers to access customers' personal information stored on its systems.
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.
Help Net Security: NetSPI announced its acquisition of Hubble, a Northern Virginia-based cyber asset attack surface management (CAASM) and cybersecurity posture management solution.
Business Wire: H.I.G. Capital (“H.I.G.”), is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager.
Yahoo Finance: Shares of the cybersecurity firm Rubrik Inc. rose in late trading after its inaugural earnings results exceeded Wall Street’s expectations.
CSO Online: When a large company announces the acquisition of another organization, it’s often perceived as just being a financial transaction.
Dark Reading: Over 40% of security leaders cite enhancing and optimizing technology and processes in the security operations center (SOC) as a top priority for improving defenses against the rise of AI powered threats according to the Darktrace State of AI Cybersecurity 2024 report.
BizTech Magazine: At least $5 million. Perhaps as much as $10 million. That was the economic damage done to the majority of the financial institutions that experienced a data breach in the past five years and were able to estimate a cost.
GlobeNewswire: Fortinet®, the global cybersecurity leader driving the convergence of networking and security, announced that it has entered into a definitive agreement to acquire Lacework, the data-driven cloud security company.
The Target: Ticketmaster, the world’s leading online ticketing platform owned by Live Nation.
The Take: The stolen data trove reportedly includes names, addresses, phone numbers, and partial credit card information.
The Vector: While the specific circumstances of the breaches—including exactly what information was stolen and how it was accessed—remain unclear, the incidents may be linked to attacks against company accounts with cloud hosting provider Snowflake.
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.
Dark Reading: Notable Capital, a global venture capital firm, announced the inaugural launch of "Rising in Cyber," an independent list recognizing the 30 most promising cybersecurity companies as selected by Chief Information Security Officers (CISOs), security leaders, and startup investors.
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