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Bleeping Computer: PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data. Credential stuffing are attacks where hackers attempt to access an account by trying out username and password pairs sourced from data leaks on various websites.
DarkReading: In the wake of increasing concern about threat actors using open source AI tools like ChatGPT to launch sophisticated cyberattacks at scale, it's time for us to reconsider how AI is being leveraged on the defensive side to fend off these threats.
Business Wire: It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses). However, it is Macroeconomic developments such as inflation, financial market volatility and a looming recession (up from #10 to #3 year-on-year), as well as the impact of the Energy crisis (a new entry at #4) which are the top risers in this year’s list of global business risks, as the economic and political consequences of the world in the aftermath of Covid-19 and the Ukraine war take hold.
Cision: An uptake in high-profile data breaches and the exponential rise in digitization have redefined the dynamics in the cybersecurity industry. Stakeholders have become cagey towards data management practices and cybersecurity vulnerabilities.
Hedge Week: RFA, a specialist IT provider to the alternative investment sector, has enhanced its cyber security offering for hedge and private equity funds with the addition of external surface attack management and dark web breach and exposure monitoring solutions.
Forbes: Threat intelligence platforms are becoming increasingly important for both government agencies and businesses in today's digital landscape. The growing threat of ransomware attacks and other malicious activities from threat actors has highlighted the need for organizations to have a comprehensive and effective way to monitor, analyze and respond to potential threats.
Bank Info Security: After two sensational years in the public markets during the height of the COVID-19 pandemic, 2022 was a rude awakening for the cybersecurity industry.
Bleeping Computer: An Android banking malware named 'Godfather' has been targeting users in 16 countries, attempting to steal account credentials for over 400 online banking sites and cryptocurrency exchanges.
Axios: Heading into 2023, cybersecurity companies are starting to see the first signs of the economic downturn hitting their businesses. The big picture: More companies are starting to see their customers prioritize services like incident response over more costly, proactive IT investments like transitions to the cloud.
CNBC: Imagine this situation: your CEO just resigned and as CFO, you’re the acting chief. After returning to the office from an exhausting overseas trip, your CIO informs you that malware was deployed within your customer databases.
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