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US News: Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using its app but later said it had fixed the problem. News reports said the hack paralysed the carrier's website and leaked customer information from its app.
BNN Bloomberg: A cybersecurity incident stretched into its fifth day at Indigo Books & Music Inc., on Monday, illuminating the growing risk of cyberattacks on Canadian companies and consumers.
Bleeping Computer: Spain's National Police and the U.S. Secret Service have dismantled a Madrid-based international cybercrime ring comprised of nine members who stole over €5,000,000 from individuals and North American companies.
Bizz Buzz: Technology layoffs continue without any respite in sight as cybersecurity firms and hardware devices companies optimise workforce, joining global technology giants like Google and Amazon among others. Sources in the know said many cybersecurity firms have recently reduced their workforce as hyper-demand arising from the pandemic begins to wane.
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The Target: 8Twelve Financial Technologies, a Canadian-based mortgage solution company.
The Take: Exposure of 717, 814 records of Personally Identifiable Information including: names, phone numbers, email addresses, physical addresses, and more critically, detailed “lead” sales data on what kind of mortgage customers were hoping to secure.
The Vector: A misconfigured data server was left open and unsecured, meaning anyone with an internet connection could have viewed and downloaded the data.
This breach is critical reminder that authentication controls are an important piece in an overall robust cybersecurity posture. This data is perfect for constructing highly effecting spear-phishing campaigns. Multi-factor authentication and password length and complexity rules on server access are effective strategies to mitigate these kinds of breaches to protect a firm’s data.
PR Web: Messaging Architects, an eMazzanti Technologies Company and legal technology expert, examines law firm compliance challenges in a new article. The informative article first asserts that attorneys must understand how and when numerous regulations apply to law firms.
Forbes: Cyberattacks are very costly. The world’s leading cybersecurity economy researcher Cybersecurity Ventures expects global cybercrime costs to grow by 15% per year, reaching 10.5 trillion dollars annually by 2025.
VentureBeat: Cybersecurity’s most proven innovation catalyst continues to be the many challenges of securing cloud infrastructure. The cloud has won the enterprise, dominating large enterprises’ tech stacks. The average enterprise uses 1,427 cloud services, and the average enterprise employee uses up to 36 cloud services, including platforms for collaboration and file-sharing.
Mint: Italy's National Cybersecurity Agency (ACN) issued warning to organisations to take action to protect their systems after thousands of computer servers around the world have been targeted by a ransomware hacking attack. ACN director general Roberto Baldoni said that the hacking attack sought to exploit a software vulnerability, adding it was on a massive scale.
US News: MKS Instruments Inc said on Monday it was investigating a ransomware attack that occurred last week and affected the semiconductor equipment maker's production-related systems. The company said it was in the early stages of investigating the attack that it identified on Feb. 3, adding that costs related to the incident have not been determined.
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