IBM: Cost of a Breach Reaches Nearly $5 Million, With Healthcare Being Hit the Hardest

Breaches impacted 17 industries across 16 countries and regions, with costs related to detecting breaches, notifying victims, post-breach response efforts, and lost business.

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Company Paid Record-Breaking $75 Million to Ransomware Group: Report

Zscaler is aware of a company that paid a record-breaking $75 million ransom to the Dark Angels ransomware group.

The post Company Paid Record-Breaking $75 Million to Ransomware Group: Report appeared first on SecurityWeek.

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Meta Agrees to $1.4B Settlement With Texas in Privacy Lawsuit Over Facial Recognition

Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over a facial recognition feature.

The post Meta Agrees to $1.4B Settlement With Texas in Privacy Lawsuit Over Facial Recognition appeared first on SecurityWeek.

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India-Linked SideWinder Group Pivots to Hacking Maritime Targets

The nation-state espionage group known for attacking Pakistan has expanded its reach to targets in Egypt and Sri Lanka.

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Meta Settles for $1.4 Billion with Texas Over Illegal Biometric Data Collection

Meta, the parent company of Facebook, Instagram, and WhatsApp, agreed to a record $1.4 billion settlement with the U.S. state of Texas over allegations that it illegally collected biometric data of millions of users without their permission, marking one of the largest penalties levied by regulators against the tech giant.
“This historic settlement demonstrates our commitment to standing up to

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Criminal Hackers Add GenAI Credentials to Underground Markets

According to the study, around 400 stolen GenAI credentials are being sold by threat actors per day.

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Ransomware Gangs Exploit ESXi Bug for Instant, Mass Encryption of VMs

With sufficient privileges in Active Directory, attackers only have to create an “ESX Admins” group in the targeted domain and add a user to it.

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Google Workspace Authentication Vulnerability Allowed Thousands of Emails to be Compromised

Hackers managed to compromise “a few thousand” Google Workspace accounts by circumventing the verification process.

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Ransomware Attacks Are Attracting Record Payouts in Australia. Should You Pay the Ransom?

Ransomware attacks are attracting record payouts in Australia. Learn whether paying the ransom is viable, about legal implications and about alternative strategies.

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$75 Million Ransom Paid to Dark Angels Ransomware Group

Dark Angels Ransomware Group’s $75M Jackpot: Zscaler’s ThreatLabz 2024 Ransomware Report reveals how this elite gang targets select…

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