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Lessons to be Learned from the Latest Cybersecurity Breaches

Blog, Breach, Cyberattack, Cybersecurity, Identity Protection /

Companies are looking at the lessons to be learned from the latest cybersecurity breaches. Data cloud company Snowflake has announced plans to make multi-factor authentication (MFA) mandatory for customers in light of recent attacks. The use of multi-factor authentication (MFA) could prevent as much as 80–90% of cyber-attacks, according to figures cited by the US […]

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Snowflake Security Breach

The Massive Snowflake Data Breach: One of the Largest in History

Blog, Breach, Cyberattack, Cybersecurity, Identity Protection /

The Snowflake data breach that began in April 2024 is snowballing into one of the largest in history, impacting nearly 200 companies so far. The Montana-based data warehousing platform revealed that hackers had been attempting to access its customers’ accounts using stolen login details. The breach is linked to attacks on numerous companies with news

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Popular antivirus software Kaspersky banned in the U.S.

Blog, Breach, Cyberattack, Cybersecurity /

Popular antivirus software Kaspersky banned in the U.S. and consumers have until September 29, 2024 to find an alternative. This follows a  June ban by the Biden administration of the anti-virus software from Kaspersky Lab, Inc., the U.S. subsidiary of a Russ-based anti-virus software and cybersecurity company.  The official notice, released June 20, gave Kaspersky

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AI Boosting the Frequency and Sophistication of Phishing Schemes

Blog, Cyberattack, Cybersecurity, Identity Protection, Ransomware /

It’s getting tougher to identify a phishing attack with AI technology boosting the frequency and sophistication of phishing schemes.  According to recent research by a group of Harvard professors and cybersecurity experts, 60% of participants fell victim to artificial intelligence (AI)-automated phishing, which is comparable to the success rates of non-AI-phishing messages created by human

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Scammers posing as workers at big-name brands stole more than $660 million in 2023

Blog, Cyberattack, Cybersecurity, Identity Protection /

Scammers duping people by posing as workers at big-name brands like Best Buy’s Geek Squad, Amazon and PayPal stole more than $660 million through business-impersonation scams in 2023, according to a report released by the Federal Trade Commission.  Such scams have become more prevalent since the pandemic. For example, in the first three months of

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Ascension Ransomware Event Put Patients’ Lives in Danger

Blog, Cybersecurity, Identity Protection, Ransomware /

Ascension, the fifth largest health system in the US, is recovering from a May ransomware incident that forced staff to make handwritten treatment orders after losing access to critical Electronic Medical Records (EMR) software.  In news coverage of the crippling Ascension ransomware event, some staff called the situation “dangerous” for patients as hospitals were forced

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AI-Focused Financial Crime a Growing Concern Banks Must Monitor

AI-Focused Financial Crime a Growing Concern Banks Must Monitor

Blog, Cyberattack, Cybersecurity, Identity Protection /

Criminals are more skilled at using AI to commit financial crimes than banks are at using AI to stop them, according to a BioCatch survey. BioCatch surveyed fraud-management, anti-money laundering, and risk and compliance officials from 11 countries. Nearly 70% reported an increase in financial crime activity over the past year and about half of

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Kaiser Private Data Breach of 13 Million Patients Latest in Health-Related Cybersecurity Risk Trend

Blog, Cyberattack, Cybersecurity, Identity Protection /

The latest healthcare cybersecurity risk impacting more than 13 million former and current patients of California-based Kaiser Foundation Health Plan is part of the record-breaking trend that has been in motion.  The company has notified patients that it unknowingly shared their information with third-party advertisers, including Google, Microsoft and X (formerly Twitter.) Kaiser Foundation Health

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ChatGPT Plugins Pose Security Risks

Blog, Cybersecurity, Identity Protection /

ChatGPT plugins pose security risks that could provide loopholes for threat actors to seize control of an organization’s account on third-party platforms and access Personal Identifiable Information (PII). ChatGPT plugins enable users to access up-to-date information (rather than the relatively old data the chatbot was trained on), as well as to integrate ChatGPT with third-party

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