
The Record: MainStreet Bank said a cyberattack affecting one of its vendors exposed the sensitive information of about 5% of its customers. In regulatory filings with the Securities and Exchange Commission (SEC), MainStreet Bancshares said it was informed in March that the vendor was compromised.
PYMNTS: Coinbase reportedly knew in January about a data breach at an outsourcing company that it publicly disclosed May 14 in a filing with the Securities and Exchange Commission (SEC).
The Target: Camden, New Jersey-based Cooper Health System
The Take: The potentially affected information included individuals’ names, dates of birth, Social Security numbers, health insurance information, treatment information, medical record numbers and medical history information.
The Vector: During the investigation, Cooper discovered that certain data stored in its systems was potentially acquired without authorization.
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.
Yahoo Finance: Cybersecurity firm Netskope has hired Morgan Stanley to lead preparations for a U.S. initial public offering that could raise more than $500 million, according to people familiar with the matter.
Cybersecurity Dive: Zscaler said it had agreed to buy Red Canary, a leading provider of managed detection and response technology. Zscaler, a top cloud security vendor, said the agreement will help it disrupt competitors’ legacy security operations.
Investing.com: In a move to enhance its cybersecurity offerings, Check Point Software Technologies Ltd. has announced the acquisition of Veriti Cybersecurity, a company specializing in automated threat exposure and mitigation.
Cointelegraph: American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements.
PR Newswire: H.I.G. Growth Partners ("H.I.G. Growth"), the dedicated growth capital investment affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $69 billion of capital under management, is pleased to announce its investment in AgileBlue (or the "Company"), an AI-powered Security Operations platform that detects, investigates, and auto-responds to cyber threats across cloud, network, and endpoint environments.
CNBC: According to Nikesh Arora, even “naysayers” of AI are now trying to move data to the cloud in order to keep up with competitors. New AI models require the cloud, he said, claiming that businesses will be left behind if they don’t move their company to the platform.
PYMNTS: Thirty percent of data breaches that occurred during the year ended Oct. 31 involved a third party, according to Verizon.
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