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CTV: A report from the Cybersecure Policy Exchange at Ryerson University in Toronto found 57 per cent of respondents in an online survey in May had encountered at least one cybercrime.
DarkReading: Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, today announced the completion of its acquisition of Exostar, LLC, a leader in trusted, secure business collaboration.
Saudi Gazette: Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, crown prince of Dubai and chairman of the executive council of Dubai, on Wednesday launched the Dubai Cyber Index, an initiative aimed at supporting the efforts of Dubai’s government entities to ensure the highest standards of cybersecurity. The first initiative of its kind in the world, the index seeks to establish Dubai as the city with the safest cyberspace in the world.
Cision: More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports released today by Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader.
Bleeping Computer: Microsoft took control of domains used by cybercriminals as part of the infrastructure needed to launch phishing attacks designed to exploit vulnerabilities and public fear resulting from the COVID-19 pandemic.
ITProPortal: The company that sells services related to data management claims to have polled 1,000 workers, coming to the conclusion that more than a third (37 per cent) expect both the number and value of fines to rise by 2025. Furthermore, six per cent expect a “dramatic rise”, while just three per cent expect the figures to fall.
ITProPortal: A report by Beaming says that a quarter of UK businesses fell victim to cybercriminals last year, most of which were large enterprises. That’s roughly 1.5 million businesses, up from 755,000 back in 2015.
The target: V Shred, a Las Vegas based fitness company which sells fitness plans, nutrition advice, and supplements.
The take: The combined Personally Identifiable Information of 99,000 of customers and potential clients including: names, home addresses, email addresses, dates of birth, usernames and passwords, age, gender, citizenship status, and user photos.
The attack vector: All of this information was hosted on a very common problem, an unsecured Amazon Web Services storage server accessible to the public online. However, in this case, anonymous users were also able to access the information without login credentials making the breach wider and deeper.
The exposed information could lead to highly sophisticated phishing attacks, and crucially, the user photos to identity theft. Credential management around publicly available company data is paramount to robust cybersecurity.
IT Wire: Medfin, a subsidiary of the National Australia Bank that works with healthcare professionals, was hit by an attempted cyber attack on 14 June, the company's chief executive Paul Freeman says.
ZDNet: Security researchers have revealed the anatomy of a ransomware attack, showing how cyber criminals gained access to a network and deployed ransomware -- all in the space of just two weeks.
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