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SEC: The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks.
Dark Reading: Amazon Web Services (AWS) and Splunk are leading an industry effort of 18 systems and security vendors to standardize how different monitoring systems share security alerts. The goal is to deliver a simplified and vendor-agnostic taxonomy to help security teams ingest and analyze security data faster.
BNN Bloomberg: Cisco Systems Inc. said it was the victim of a cyberattack in which a hacker repeatedly attempted to gain access to the Silicon Valley firm’s corporate network.
The Hill: Cybercrime is now so ubiquitous that the question is not when an attack will occur on a business, individual, or government — It’s whetherthe victim is resilient enough to deal with the consequences.
Coin Desk: The Solana ecosystem appears to be the victim of crypto’s latest exploit, with users reporting their funds have been drained without their knowledge from major internet-connected “hot” wallets including Phantom, Slope and TrustWallet.
BNN Bloomberg: Cybersecurity provider Acronis raised $250 million in new funding from institutional investors earlier this year to expand its business, including through acquisitions and hiring.
CNN: T-Mobile has agreed to pay $350 million to settle multiple class-action suits stemming from a data breach disclosed last year affecting tens of millions of people.
Private Equity Wire: Atlantic Street Capital (ASC), a private equity firm that invests in lower middle market companies, has acquired assets from CyberGuard Compliance, a licensed CPA firm with exclusive specialisation in IT compliance and cybersecurity audit and assessment services, and Elite Consulting Solutions, a provider of IT compliance and cybersecurity consulting and remediation services, collectively known as “CyberGuard”.
Coin Telegraph: The United States Federal Bureau of Investigation (FBI) has issued a public warning about fraudulent cryptocurrency applications, which have swindled U.S. investors out of an estimated $42.7 million so far.
CNN: The Biden administration is pushing to fill hundreds of thousands of cybersecurity jobs in the United States as part of a bid to close a talent shortage US officials describe as both a national security challenge and an economic opportunity.
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