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Yahoo Finance: Small and medium businesses are the latest targets for cybersecurity attacks, with one in three small businesses experiencing a data breach last year.
PYMNTS: The image of a hacker furiously typing strings of code to brute-force their way into a corporate server is becoming outdated. Today, the most dangerous cyber intrusions can come not from forced entries, but from front doors to organizational perimeters being quietly opened with valid credentials.
TechCrunch: The tech market doesn’t need to be soaring up and to the right to foster healthy M&A activity. Deals can get done even in down markets. But can M&A thrive in an uncertain market? That’s a harder question.
Dark Reading: As the Trump administration continues to pursue a chaotic tariff policy — announcing steep tariffs on the United States' major trading partners, only to pause most of the import taxes for 90 days — economists are increasingly predicting a recession in the next 12 months.
The Target: Car rental giant Hertz
The Take: The stolen data varies by region, but largely includes Hertz customer names, dates of birth, contact information, driver’s licenses, payment card information, and workers’ compensation claims. Hertz said a smaller number of customers had their Social Security numbers taken in the breach, along with other government-issued identification numbers.
The Vector: The company attributed the breach to a vendor, software maker Cleo, which last year was at the center of a mass-hacking campaign by a prolific Russia-linked ransomware gang. Hertz is one of dozens of companies that used Cleo’s software at the time of their data thefts. The Clop ransomware gang claimed last year to have exploited a zero-day vulnerability in Cleo’s widely used enterprise file transfer products, which allow companies to share large sets of sensitive data over the internet. By breaching these systems, the hackers stole reams of data from Cleo’s corporate customers.
This breach is critical reminder that zero-day exploits do happen, and furthermore that patching software in a timely, effective manner is a key component of ensuring customer data is protected. Ensuring third-party vendors are deploying patches and fixes in accordance with a firm’s cybersecurity policy is an important step in an overall robust security posture.
CSO Online: Generative AI’s many benefits come with the drawback of data security risks, primarily through shadow AI use and the leakage of sensitive information.
Cybersecurity Dive: Two federal lawmakers today introduced a bipartisan bill that preserves key regulation that facilitates the sharing of cyber-threat data between private companies and the federal government.
Bleeping Computer: CISA says the U.S. government has extended MITRE's funding to ensure no continuity issues with the critical Common Vulnerabilities and Exposures (CVE) program.
Investing.com: Christopher Krebs, whom President Donald Trump fired as head of the Cybersecurity and Infrastructure Security Agency in 2020, said he is leaving cybersecurity company SentinelOne following pressure from the White House.
Crunchbase: After successive quarters of decline, venture funding to cybersecurity startups nudged up in the first quarter — and could see even more investment after having the largest acquisition of a private, venture-backed company ever.
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