Coinbase Employee Falls for SMS Scam in Cyber Attack, Limited Data Exposed

Popular cryptocurrency exchange platform Coinbase disclosed that it experienced a cybersecurity attack that targeted its employees. The company said its "cyber controls prevented the attacker from gaining direct system access and prevented any loss of funds or compromise of customer information." The incident, which took place on February 5, 2023, resulted in the exposure of a "limited amount of

Breaking the Security "Black Box" in DBs, Data Warehouses and Data Lakes

Security teams typically have great visibility over most areas, for example, the corporate network, endpoints, servers, and cloud infrastructure. They use this visibility to enforce the necessary security and compliance requirements. However, this is not the case when it comes to sensitive data sitting in production or analytic databases, data warehouses or data lakes. Security teams have to

Reddit Suffers Security Breach Exposing Internal Documents and Source Code

Popular social news aggregation platform Reddit has disclosed that it was the victim of a security incident that enabled unidentified threat actors to gain unauthorized access to internal documents, code, and some unspecified business systems. The company blamed it on a "sophisticated and highly-targeted phishing attack" that took place on February 5, 2023, aimed at its employees. The attack

Sydney Man Sentenced for Blackmailing Optus Customers After Data Breach

A Sydney man has been sentenced to an 18-month Community Correction Order (CCO) and 100 hours of community service for attempting to take advantage of the Optus data breach last year to blackmail its customers. The unnamed individual, 19 when arrested in October 2022 and now 20, used the leaked records stolen from the security lapse to orchestrate an SMS-based extortion scheme. The suspect

Cybersecurity Budgets Are Going Up. So Why Aren't Breaches Going Down?

Over the past few years, cybersecurity has become a major concern for businesses around the globe. With the total cost of cybercrime in 2023 forecasted to reach $8 Trillion – with a T, not a B – it’s no wonder that cybersecurity is top of mind for leaders across all industries and regions. However, despite growing attention and budgets for cybersecurity in recent years, attacks have only become

LastPass Parent Company GoTo Suffers Data Breach, Customers' Backups Compromised

LastPass-owner GoTo (formerly LogMeIn) on Tuesday disclosed that unidentified threat actors were able to steal encrypted backups of some customers' data along with an encryption key for some of those backups in a November 2022 incident. The breach, which targeted a third-party cloud storage service, impacted Central, Pro, join.me, Hamachi, and RemotelyAnywhere products, the company said. "The

Mailchimp Suffers Another Security Breach Compromising Some Customers' Information

Popular email marketing and newsletter service Mailchimp has disclosed yet another security breach that enabled threat actors to access an internal support and account admin tool to obtain information about 133 customers. "The unauthorized actor conducted a social engineering attack on Mailchimp employees and contractors, and obtained access to select Mailchimp accounts using employee

Malware Attack on CircleCI Engineer's Laptop Leads to Recent Security Incident

DevOps platform CircleCI on Friday disclosed that unidentified threat actors compromised an employee's laptop and leveraged malware to steal their two-factor authentication-backed credentials to breach the company's systems and data last month. The CI/CD service CircleCI said the "sophisticated attack" took place on December 16, 2022, and that the malware went undetected by its antivirus

Twitter Denies Hacking Claims, Assures Leaked User Data Not from its System

Twitter on Wednesday said that its investigation found "no evidence" that users' data sold online was obtained by exploiting any security vulnerabilities in its systems. "Based on information and intel analyzed to investigate the issue, there is no evidence that the data being sold online was obtained by exploiting a vulnerability of Twitter systems," the company said in a statement. "The data

Mitigate the LastPass Attack Surface in Your Environment with this Free Tool

The latest breach announced by LastPass is a major cause for concern to security stakeholders. As often occurs, we are at a security limbo – on the one hand, as LastPass has noted, users who followed LastPass best practices would be exposed to practically zero to extremely low risk. However, to say that password best practices are not followed is a wild understatement. The reality is that there

LastPass Admits to Severe Data Breach, Encrypted Password Vaults Stolen

The August 2022 security breach of LastPass may have been more severe than previously disclosed by the company. The popular password management service on Thursday revealed that malicious actors obtained a trove of personal information belonging to its customers that include their encrypted password vaults by using data siphoned from the earlier break-in. Among the data stolen are "basic

Why PCI DSS 4.0 Should Be on Your Radar in 2023

Protecting customer data is critical for any business accepting online payment information. The Payment Card Industry Data Security Standard (PCI DSS), created by leading credit card companies, establishes best practices for protecting consumers' information. By adhering to these standards, businesses can ensure that their customer's personal and financial information is secure.  The PCI DSS

Hackers Leak Another Set of Medibank Customer Data on the Dark Web

Medibank on Thursday confirmed that the threat actors behind the devastating cyber attack have posted another dump of data stolen from its systems on the dark web after its refusal to pay a ransom. "We are in the process of analyzing the data, but the data released appears to be the data we believed the criminal stole," the Australian health insurer said. "While our investigation continues there

LastPass Suffers Another Security Breach; Exposed Some Customers Information

Popular password management service LastPass said it's investigating a second security incident that involved attackers accessing some of its customer information. "We recently detected unusual activity within a third-party cloud storage service, which is currently shared by both LastPass and its affiliate, GoTo," LastPass CEO Karim Toubba said. GoTo, formerly called LogMeIn, acquired LastPass

French Electricity Provider Fined for Storing Users’ Passwords with Weak MD5 Algorithm

The French data protection watchdog on Tuesday fined electricity provider Électricité de France (EDF) €600,000 for violating the European Union General Data Protection Regulation (GDPR) requirements. The Commission nationale de l'informatique et des libertés (CNIL) said the electric utility breached European regulation by storing the passwords for over 25,800 accounts by hashing them using the 

Australia Passes Bill to Fine Companies up to $50 Million for Data Breaches

The Australian government has passed a bill that markedly increases the penalty for companies suffering from serious or repeated data breaches. To that end, the maximum fines have been bumped up from the current AU$2.22 million to AU$50 million, 30% of an entity's adjusted turnover in the relevant period, or three times the value of any benefit obtained through the misuse of information,

Irish Regulator Fines Facebook $277 Million for Leak of Half a Billion Users' Data

Ireland's Data Protection Commission (DPC) has levied fines of €265 million ($277 million) against Meta Platforms for failing to safeguard the personal data of more than half a billion users of its Facebook service, ramping up privacy enforcement against U.S. tech firms. The fines follow an inquiry initiated by the European regulator on April 14, 2021, close on the heels of a leak of a "collated

Indian Government Publishes Draft of Digital Personal Data Protection Bill 2022

The Indian government on Friday released a draft version of the much-awaited data protection regulation, making it the fourth such effort since it was first proposed in July 2018. The Digital Personal Data Protection Bill, 2022, as it's called, aims to secure personal data, while also seeking users' consent in what the draft claims is "clear and plain language" describing the exact kinds of

Medibank Refuses to Pay Ransom After 9.7 Million Customers Exposed in Ransomware Hack

Australian health insurer Medibank today confirmed that personal data belonging to around 9.7 million of its current and former customers were accessed following a ransomware incident. The attack, according to the company, was detected in its IT network on October 12 in a manner that it said was "consistent with the precursors to a ransomware event," prompting it to isolate its systems, but not

Twilio Reveals Another Breach from the Same Hackers Behind the August Hack

Communication services provider Twilio this week disclosed that it experienced another "brief security incident" in June 2022 perpetrated by the same threat actor behind the August hack that resulted in unauthorized access of customer information. The security event occurred on June 29, 2022, the company said in an updated advisory shared this week, as part of its probe into the digital break-in

Australian Health Insurer Medibank Suffers Breach Exposing 3.9 Million Customers' Data

Australian health insurance firm Medibank on Wednesday disclosed that the personal information of all of its customers had been unauthorizedly accessed following a recent ransomware attack. In an update to its ongoing investigation into the incident, the firm said the attackers had access to "significant amounts of health claims data" as well as personal data belonging to its ahm health

CISA Warns of Daixin Team Hackers Targeting Health Organizations With Ransomware

U.S. cybersecurity and intelligence agencies have published a joint advisory warning of attacks perpetrated by a cybercrime gang known as the Daixin Team primarily targeting the healthcare sector in the country. "The Daixin Team is a ransomware and data extortion group that has targeted the HPH Sector with ransomware and data extortion operations since at least June 2022," the agencies said. The

Why Ransomware in Education on the Rise and What That Means for 2023

The breach of LA Unified School District (LAUSD) highlights the prevalence of password vulnerabilities, as criminal hackers continue to use breached credentials in increasingly frequent ransomware attacks on education. The Labor Day weekend breach of LAUSD brought significant districtwide disruptions to access to email, computers, and applications. It's unclear what student or employee data the

Microsoft Confirms Server Misconfiguration Led to 65,000+ Companies' Data Leak

Microsoft this week confirmed that it inadvertently exposed information related to thousands of customers following a security lapse that left an endpoint publicly accessible over the internet sans any authentication. "This misconfiguration resulted in the potential for unauthenticated access to some business transaction data corresponding to interactions between Microsoft and prospective

Experts Warn of Stealthy PowerShell Backdoor Disguising as Windows Update

Details have emerged about a previously undocumented and fully undetectable (FUD) PowerShell backdoor that gains its stealth by disguising itself as part of a Windows update process. "The covert self-developed tool and the associated C2 commands seem to be the work of a sophisticated, unknown threat actor who has targeted approximately 100 victims," Tomer Bar, director of security research at

64,000 Additional Patients Impacted by Omnicell Data Breach - What is Your Data Breach Action Plan?

In April 2022, Omnicell reported a data breach affecting nearly 62,000 patients. The company has revealed that the incident has impacted an additional 64,000 individuals. This brings the total number of patients affected to over 126,000.  Will you be the next victim like Omnicell? If you are overlooking the importance of data protection, attackers can get you in no time.  Explore the impact of

19-Year-Old Teen Arrested for Using Leaked Optus Breach Data in SMS Scam

The Australian Federal Police (AFP) has arrested a 19-year-old teen from Sydney for allegedly attempting to leverage the data leaked following the Optus data breach late last month to extort victims. The suspect is said to have carried out a text message blackmail scam, demanding that the recipients transfer $2,000 to a bank account or risk getting their personal information misused for

Former Uber Security Chief Found Guilty of Data Breach Coverup

A U.S. federal court jury has found former Uber Chief Security Officer Joseph Sullivan guilty of not disclosing a 2016 breach of customer and driver records to regulators and attempting to cover up the incident. Sullivan has been convicted on two counts: One for obstructing justice by not reporting the incident and another for misprision. He faces a maximum of five years in prison for the

Telstra Telecom Suffers Data Breach Potentially Exposing Employee Information

Australia's largest telecommunications company Telstra disclosed that it was the victim of a data breach through a third-party, nearly two weeks after Optus reported a breach of its own. "There has been no breach of Telstra's systems," Narelle Devine, the company's chief information security officer for the Asia Pacific region, said. "And no customer account data was involved." <!--adsense--> It

Optus Hack Exposes Data of Nearly 2.1 Million Australian Telecom Customers

Australian telecom giant Optus on Monday confirmed that nearly 2.1 million of its current and former customers suffered a leak of their personal information and at least one form of identification number as a result of a data breach late last month. The company also said it has engaged the services of Deloitte to conduct an external forensic assessment of the attack to "understand how it

Five Steps to Mitigate the Risk of Credential Exposure

Every year, billions of credentials appear online, be it on the dark web, clear web, paste sites, or in data dumps shared by cybercriminals. These credentials are often used for account takeover attacks, exposing organizations to breaches, ransomware, and data theft.  While CISOs are aware of growing identity threats and have multiple tools in their arsenal to help reduce the potential risk, the

Hacker Behind Optus Breach Releases 10,200 Customer Records in Extortion Scheme

The Australian Federal Police (AFP) on Monday disclosed it's working to gather "crucial evidence" and that it's collaborating with overseas law enforcement authorities following the hack of telecom provider Optus. "Operation Hurricane has been launched to identify the criminals behind the alleged breach and to help shield Australians from identity fraud," the AFP said in a statement. The

London Police Arrested 17-Year-Old Hacker Suspected of Uber and GTA 6 Breaches

The City of London Police on Friday revealed that it has arrested a 17-year-old teenager from Oxfordshire on suspicion of hacking. "On the evening of Thursday 22 September 2022, the City of London Police arrested a 17-year-old in Oxfordshire on suspicion of hacking," the agency said, adding "he remains in police custody." The department said the arrest was made as part of an investigation in

TikTok Denies Data Breach Reportedly Exposing Over 2 Billion Users' Information

Popular short-form social video service TikTok denied reports that it was breached by a hacking group, after it claimed to have gained access to an insecure cloud server. "TikTok prioritizes the privacy and security of our users' data," the ByteDance-owned company told The Hacker News. "Our security team investigated these claims and found no evidence of a security breach." The denial follows

India's Newest Airline Akasa Air Found Leaking Passengers' Personal Information

Akasa Air, India's newest commercial airline, exposed the personal data belonging to its customers that the company blamed on a technical configuration error. According to security researcher Ashutosh Barot, the issue is rooted in the account registration process, leading to the exposure of details such as names, gender, email addresses, and phone numbers. The bug was identified on August 7,

Tornado Cash Developer Arrested After U.S. Sanctions the Cryptocurrency Mixer

Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. The 29-year-old individual is "suspected of involvement in concealing criminal financial flows and facilitating money laundering" through the service, the Dutch Fiscal Information and

Overview of Top Mobile Security Threats in 2022

Your smartphone is your daily companion. The chances are that most of our activities rely on them, from ordering food to booking medical appointments. However, the threat landscape always reminds us how vulnerable smartphones can be.  Consider the recent discovery by Oversecured, a security startup. These experts observed the dynamic code loading and its potential dangers. Why is this a problem?

Former Amazon Employee Found Guilty in 2019 Capital One Data Breach

A 36-year-old former Amazon employee was convicted of wire fraud and computer intrusions in the U.S. for her role in the theft of personal data of no fewer than 100 million people in the 2019 Capital One breach. Paige Thompson, who operated under the online alias "erratic" and worked for the tech giant till 2016, was found guilty of wire fraud, five counts of unauthorized access to a protected

FBI Seizes 'SSNDOB' ID Theft Service for Selling Personal Info of 24 Million People

An illicit online marketplace known as SSNDOB was taken down in operation led by U.S. law enforcement agencies, the Department of Justice (DoJ) announced Tuesday. SSNDOB trafficked in personal information such as names, dates of birth, credit card numbers, and Social Security numbers of about 24 million individuals in the U.S., generating its operators $19 million in sales revenue. The action