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Bleeping Computer: Sports betting company DraftKings revealed last week that more than 67,000 customers had their personal information exposed following a credential attack in November.
Business Wire: Public sector organizations are more likely to struggle with leveraging data to detect and prevent threats than their private sector counterparts (63% to 49%), ultimately affecting their cybersecurity readiness. That’s according to a survey commissioned by Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability.
Forbes: The story of cybersecurity is a constant progression of new ways to defeat new threats, from thought experiments to mainstream best practices. It started with the earliest antivirus software, which began as an experiment and progressed to being a necessity.
Bleeping Computer: Cybercrime marketplaces are increasingly selling stolen corporate email addresses for as low as $2 to fill a growing demand by hackers who use them for business email compromise and phishing attacks or initial access to networks.
Wealth Professional: Data proliferation is reaching new heights as a result of new digital infrastructure and long-term work-from-home arrangements, while cyberattacks are also increasing in intensity. And as corporations and governments attempt to remain ahead of the curve, cybersecurity firms are taking centre stage.
Forbes: The cyber threat landscape has grown increasingly specialized and more challenging for organizations to defend against on their own.
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.
Forbes: For the past two years, the market was like a roller coaster, up, up and up the tracks to hit new and exciting highs. But what goes up must come down, and this year’s market correction has left many passengers screaming as the market tumbles downward.
Financial Post: Striken crypto exchange FTX has suffered cyberattacks and “substantial” assets are missing, attorneys for the firm said, after a court filing said the firm has a total cash balance of $1.24 billion.
Nasdaq: While Cybersecurity Awareness Month recently concluded, the efforts to combat cybercrime continue every day, and for investors, this presents a critical opportunity to invest in this industry that is poised for future growth.
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