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US Data Breach Victim Numbers Surge 1170% Annually
/in General NewsThe number of US data breach victims in Q2 2024 increased annually by over 1000%, despite a 12% decrease in the actual number of incidents in those three months, according to the Identity Theft Resource Center (ITRC).
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China’s APT41 Targets Global Logistics, Utilities Companies
/in General NewsAccording to Mandiant, among the many cyber espionage tools the threat actor is using is a sophisticated new dropper called DustTrap.
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Larger Deals Propel Cybersecurity Funding to Two-Year High in Q2 2024
/in General NewsAccording to Crunchbase data, cybersecurity funding reached a two-year high in Q2 of 2024, with venture capitalists investing $4.4 billion in startups, the strongest quarter since 2022. This marked a 144% increase from the previous year.
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In Cybersecurity, Mitigating Human Risk Goes Far Beyond Training
/in General NewsAs threat actors get smarter about how they target employees, the onus is on organizations to create a strong line of defense — and the human element is a critical component.
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New Hacker Group Uses Open-Source Tools to Spy on Entities in Asia-Pacific Region
/in General NewsTargets of TAG-100’s attacks include intergovernmental and diplomatic entities in the Asia-Pacific region, religious organizations in the U.S. and Taiwan, as well as a political party supporting an investigation into the Chinese government.
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Crowdstrike causes Windows outage chaos for airports, banks, and more. Here’s what you can do
/in General NewsA massive IT outage is causing trouble for millions of people around the world. If you’re affected, there is a workaround.
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Majority of SEC Civil Fraud Case Against SolarWinds Dismissed, but Core Remains
/in General NewsMost of the SEC civil fraud case against SolarWinds was dismissed by a U.S. District Court judge, but key allegations related to misleading investors about cybersecurity practices leading up to the 2020 Sunburst hack remain.
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Ransomware Has Outsized Impact on Gas, Energy & Utility Firms
/in General NewsAttackers are more likely to target critical infrastructure industries and, when they do, they cause more disruption and ask higher ransoms, with the median payment topping $2.5 million.
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CoSAI: Tech Giants Form Coalition for Secure AI
/in General NewsOver a dozen tech and cloud companies have created a new coalition for advancing security measures for AI.
The post CoSAI: Tech Giants Form Coalition for Secure AI appeared first on SecurityWeek.
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In Other News: Summer Olympics Threats, Funding Soars, Trump Shooter’s Phone Hacked
/in General NewsNoteworthy stories that might have slipped under the radar: threats and risks to 2024 Summer Olympics, cybersecurity funding soars, Cellebrite hacked Trump shooter’s phone.
The post In Other News: Summer Olympics Threats, Funding Soars, Trump Shooter’s Phone Hacked appeared first on SecurityWeek.
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