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CNet: The average cost of a data breach rose to an all-time high of $4.4 million this year, according to the IBM Security report released Wednesday. That marked a 2.6% increase from a year ago and a 13% jump since 2020.
Coin Telegraph: New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.
Bleeping Computer: System administrators have even less time to patch disclosed security vulnerabilities than previously thought, as a new report shows threat actors scanning for vulnerable endpoints within 15 minutes of a new CVE being publicly disclosed.
Tech Radar: As the number of different digital touchpoints grows exponentially as hybrid working(opens in new tab) cements itself, so too have the number of attack surfaces available for cybercriminals to exploit. In a world where cybercrime is evolving at a rapid pace and the threat landscape remains unpredictable and constantly shifting, one thing is clear: data increasingly underpins future security.
Bleeping Computer: Uniswap, a popular decentralized cryptocurrency exchange, lost close to $8 million worth of Ethereum in a sophisticated phishing attack. While the protocol hasn't been compromised by exploiting a vulnerability as initially suspected, the cyberattack has impacted many investors in digital assets.
ZDNet: Brazen cyber criminals are now posing as cybersecurity companies in phishing messages that claim the recipient has been hit by a cyberattack and that they should urgently respond in order to protect their network.
Security Week: A SecurityWeek study showed that more than 430 cybersecurity mergers and acquisitions were announced in 2021. SecurityWeek will soon also publish an M&A analysis for the first half of 2022.
Dark Reading: The recent upheaval in the supply chain is unprecedented, thanks to ongoing disruptions tied to the pandemic, financial and trade sanctions stemming from Russia's war in Ukraine, cyberattacks targeting the supply chain, and other factors.
Forbes: When a private equity firm had acquired a midsized manufacturer late last year, little did they know that someone else had set on the same target as well. Just two months after it was purchased, a cybercriminal organization launched a crippling ransomware attack that locked up the manufacturer’s systems.
Tech Crunch: On the face of it, the cybersecurity sector is doing just fine. Demand for cybersecurity products remains high as cyberattacks continue to blight both public and private-sector businesses, and investor enthusiasm for all things cyber-related remains strong.
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