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Cision: Despite the fact that most Canadian real estate companies now build smart tech into their buildings to monitor, manage, and maintain many functions, such as heating, lighting, elevators, power meters and fire alarm systems, very few have invested to ensure these systems can't be hacked, finds new research from KPMG in Canada.
Yahoo Finance: CrowdStrike Co-Founder and CEO George Kurtz joins Yahoo Finance Live to discuss the company's latest quarterly results, the outlook for cybersecurity spending, and expectations for cyberattacks in 2023.
Forbes: Cybersecurity is important for SaaS companies, both to comply with industry standards and to protect their businesses. Companies that still use legacy systems to host a product, application or service on their premises run additional risks, which include cyber breaches, loss of confidential data and intellectual property, and potential damage to customer relationships caused by noncompliance.
The Target: ENC Security, Netherlands based data-encryption firm.
The Take: Exposure of security keys for various firm applications and software including: SMTP credentials for sales channels, Ayden, the firm’s single payment platform, email marketing Mailchimp APIs, licensing payment APIs, and public and private keys.
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 and furthermore, that such precautions must in place in all third-party vendors that have access to a firm’s data. Multi-factor authentication and password length and complexity rules are effective strategies to mitigate these kinds of breaches to protect a firm’s data.
Forbes: The cyber threat landscape has grown increasingly specialized and more challenging for organizations to defend against on their own.
The Guardian: Password manager LastPass has told customers that some of their information has been accessed in a cybersecurity breach, but says passwords remain safe.
Yahoo News: The UK’s cybersecurity laws will be updated to require outsourced IT providers to meet security standards as part of efforts to better protect supply chains, the Government has announced.
Bleeping Computer: As revealed in a report published earlier this month, the KmsdBot malware behind this botnet was discovered by members of the Akamai Security Intelligence Response Team (SIRT) after it infected one of their honeypots.
Reuters: A warning from Crowdstrike Holdings Inc (CRWD.O) that clients were cutting back on spending and delaying purchases due to an economic slowdown slammed cybersecurity stocks, inflicting fresh pain on the battered sector.
Forbes: The whole point of a merger or acquisition (M&A) is to combine the resources of two organizations to take advantage of economies of scale. It can be a strong recipe for corporate success, yet cybersecurity often takes a back seat in the quest to boost profits and trim costs.
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