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Industry News: ESG5

    Know Your Breach: Okta

    The Target: Okta is a San Fransisco-based cloud identity and access management solutions provider whose Single Sign-On (SSO), multi-factor authentication (MFA), and API access management services are used by thousands of organizations worldwide.

    The Take: The leaked data includes user IDs, full names, company names, office addresses, phone numbers, email addresses, positions/roles, and other information.

    The Vector: In October 2023, Okta warned that its support system was breached by hackers using stolen credentials, allowing attackers to steal cookies and authentication for some customers.

    This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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    Know Your Breach: Paysign

    The Target: Financial services firm Paysign. Paysign brought in a revenue of about $12 million last quarter through its prepaid card programs, payment processing systems and digital banking services.

    The Take: 1,242,575 records containing the full names of customers, addresses, dates of birth, phone numbers and account balances.

    The Vector: A cybercriminal with the name “emo” claimed to have taken the data and leaked it on to a hacking forum. The company declined to provide any further information regarding how the attack occurred.

    With the fintech industry experiencing rapid growth, this leak stands as a clear reminder of the critical role of robust cybersecurity measures. Fintech companies manage and store exceptionally sensitive customer data. This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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    Know Your Breach: Houser LLP

    The Target: Houser LLP, a U.S. law firm that specializes in serving high-profile financial institutions.

    The Take: The data included names and one or more of Social Security number, driver’s license number, individual tax identification number, financial account information, and medical information.

    The Vector: The company said certain files were encrypted during the incident and were “copied and taken from the network.”

    This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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    Know Your Breach: LoanDepot

    The Target: Giant loan and mortgage company LoanDepot

    The Take: The stolen LoanDepot customer data includes names, dates of birth, email and postal addresses, financial account numbers, and phone numbers. The stolen data also includes Social Security numbers, which LoanDepot collected from customers.

    The Vector: LoanDepot was hit by a cyberattack around January 4 that it described at the time as involving the “encryption of data,” or a ransomware attack. It’s not known if LoanDepot paid a ransom.

    This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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    Know Your Breach: CNO Financial Group

    The Target: Washington National Insurance and Bankers Life, both subsidiaries of the CNO Financial Group

    The Take: Personal information including names, social security numbers, dates of birth, and policy numbers.

    The Vector: SIM-swapping attacks involve fraudsters tricking customer support staff at a cellphone operator into giving them control of someone else's phone number. This allows the fraudster to receive the victim's phone calls and SMS messages, including two-factor authentication tokens.

    This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

    Read more...

    Know Your Breach: Verizon

    The Target: Verizon is an American telecommunications and mass media company providing cable TV, telecommunications, and internet services to over 150 million subscribers across the U.S.

    The Take: The data that was exposed varies per employee but could include: full name, physical address, social security number (SSN), National ID, gender, union affiliation, date of birth, compensation information.

    The Vector: A data breach notification shared with the Office of the Maine Attorney General revealed that a Verizon employee gained unauthorized access to a file containing sensitive employee information on September 21, 2023.

    This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

    Read more...

    Know Your Breach: Direct Trading Technologies

    The Target: Direct Trading Technologies (DTT) is an international fintech company offering trading platforms for stocks, forex, precious metals, energies, indices, Contracts for Difference (CFDs), and cryptocurrencies.

    The Take: The leaked data included the trading activity of over 300,000 users spanning the past six years, along with names, email addresses, emails sent by the company, and IP addresses.

    The Vector: In October 2023, a research team discovered a misconfigured web server with backups and development code references allegedly belonging to the fintech company Direct Trading Technologies. The discovered directory included multiple database backups, each holding a significant amount of sensitive information about the company’s users and partners.

    With the fintech industry experiencing rapid growth, this leak stands as a clear reminder of the critical role of robust cybersecurity measures. Fintech companies manage and store exceptionally sensitive customer data. This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

    Read more...

    Know Your Breach: Trezor

    The Target: Popular hardware cryptocurrency wallet vendor Trezor

    The Take: A subset of 66,000 users who have interacted with Trezor Support since December 2021 may have had their names or usernames, and email addresses exposed to an unauthorized party.

    The Vector: Trezor has already confirmed 41 cases where exposed data has been exploited, with the attackers approaching users to trick them into giving away their recovery seeds - a string of words that contain all the information required for gaining access to a wallet.

    As phishing actors continue to explore every potential abuse opportunity on legitimate service providers, novel security gaps constantly threaten to expose users to severe risks. It is essential not to rely solely on email protection solutions, and also scrutinize every email that lands on your inbox, look for inconsistencies, and double-check all claims made in those messages.

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    Know Your Breach: Liquipedia

    The Target: Liquipedia is an encyclopedia on various video games, covering everything from history to tactics. The platform was founded and is run by Team Liquid, a Netherlands-based professional e-sports organization owned by aXiomatic Gaming, an e-sports and gaming enabler.

    The Take: A part of the exposed information was contained in a user collection weighing 77MB, containing data on nearly 119,000 users. The exposed Liquipedia user details include: User IDs, User emails, email verification status, two-factor authentication status and account creation dates.

    The Vector: Researchers surmised that secrets and private RSA keys were used to authenticate admin access to Liquipedia’s Reddit, Discord, Twitch, and X accounts.

    This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

    Read more...

    Know Your Breach: HMG Healthcare

    The Target: HMG Healthcare is headquartered in The Woodlands, Texas, and provides a range of services, including memory care, rehabilitation and assisted living. HMG’s website says it employs more than 4,100 people and serves approximately 3,500 patients, generating more than $150 million in annual revenues.

    The Take: HMG said the stolen information “likely contained” personal information, including names, dates of birth, contact information, Social Security numbers and records related to employment; as well as medical records, general health information and information regarding medical treatment, according to the notice.

    The Vector: In a notice published on its website, HMG chief executive Derek Prince confirmed that hackers in August accessed a server storing “unencrypted files” containing sensitive information belonging to patients, employees, and their dependents. HMG said it learned of the breach months later in November.

    As phishing actors continue to explore every potential abuse opportunity on legitimate service providers, novel security gaps constantly threaten to expose users to severe risks. It is essential not to rely solely on email protection solutions, and also scrutinize every email that lands on your inbox, look for inconsistencies, and double-check all claims made in those messages.

    Read more...

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