Category: security

CISOs are spending more on cybersecurity – but it might not be enough

Many businesses are allocating better budgets for cybersecurity, but the increases are coming at a somewhat slower pace – which unfortunately, won’t be enough to tackle the rising number of threats businesses are facing daily, new research has claimed. The 2023 Security Budget Benchmark Report, a new annual paper that…

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Many firms aren’t reporting breaches to the proper authorities

A concerning amount of companies are pretty woeful in reporting the cyberattacks and breaches they suffer, both internally and externally. Research conducted by Keeper Security found that nearly half (48%) of the IT and security leaders it surveyed that have experienced a cybersecurity incident did not report it to the…

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A new ransomware group says it has breached Sony completely

A new ransomware threat actor, going by the name Ransomed.vc, claims to have breached Sony in its entirety.  In an ad recently posted on the dark web, the group said it breached all systems belonging to the Japanese tech conglomerate and stole sensitive corporate data. Given that the company isn’t…

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Top crypto marketplace hacked after cloud provider attacked

Around $200 million worth of cryptocurrencies has reportedly been stolen after the cloud service provider used by a cryptocurrency network was hacked. The news was confirmed on Saturday by the victim – Mixin Network, which said in a Twitter thread that unnamed threat actors attacked the company’s cloud service providers…

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A powerful new malware backdoor is targeting governments across the world

Cybersecurity researchers from ESET have discovered a new, sophisticated piece of malware targeting government organizations in the Middle East.  The malware is dubbed Deadglyph, and apparently is the work of Stealth Falcon APT, a state-sponsored threat actor allegedly from the United Arab Emirates (UAE). This group is also known among…

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Air Canada reports data breach, employee data affected

Air Canada has suffered a cyberattack in which some employee information was accessed.  The news was confirmed by the airline itself, via a press release published on the company’s website, where a statement revealed, “an unauthorized group briefly obtained limited access to an internal Air Canada system related to limited…

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