The Guardian: About 90 organizations have reported breaches of personal information held by Capita after the outsourcing group suffered a cyber-attack, Britain’s data watchdog has said.
City AM: A London-based artificial intelligence firm has announced a $250m cash injection led by the Qatari sovereign wealth fund as investors rush to capitalise on a boom in AI technology.
The Target: Leverage EDU, a software University Admission platform.
The Take: Exposure of over 240,000 records of Personally Identifiable Information including: names, email addresses, passport scans, applications, bank statements and loan information.
The Vector: A misconfigured database was left open and unsecured with no password, meaning anyone with an internet connection could have viewed and downloaded the trove of data.
This shows how important authentication controls are and that they are purposefully and smartly deployed with security in mind. 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.
Funds Tech: Recently published research has revealed that asset managers’ cybersecurity preparedness has become a key concern for institutional investors during the fundraising process.
Business Daily: An Equity Bank customer has sued the lender for breach of data privacy after his confidential banking information was allegedly shared with a third party.
The Guardian: The City regulator has contacted Capita’s corporate clients urging them to ascertain whether their customers’ data has been compromised after a cyber-attack on the outsourcer in March.
The Guardian: China poses an “epoch-defining” challenge to the west, the head of the National Cyber Security Centre (NCSC) is reportedly to warn. Lindy Cameron, who is the director of the GCHQ arm, will use a speech in Belfast this week to warn the UK and allies of the “dramatic rise of China as a technology superpower”.
US News: The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents.
GlobeNewswire: In 2021, according to Eurostat, the expanding penetration of internet users, 95% of young people (aged 16-29 years) in the European region, and the adoption of cloud-based services and Advanced Persistent Threats (APTs) presented an extensive chance for cyber vendors in the European cyber security market size.
ABC News: German police said Monday they have disrupted a ransomware cybercrime gang tied to Russia that has been blackmailing large companies and institutions for years, raking in millions of euros.