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Read Full Article »Articles Tagged: data breaches
Showing 9 of 9 articles tagged with "data breaches"
Cloudsmith raises $23M to improve software supply chain security
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Summary
The software supply chain is replete with weaknesses, making it a lucrative target for hackers. According to recent reports, an alarming 81% of codebases contain high- or critical-risk open source vulnerabilities.
This has far-reaching implications, as demonstrated by the devastating Log4Shell exploit that put millions of applications at risk of remote code execution.The scope of the problem is compounded by the widespread use of open-source libraries and frameworks in software development. These can introduce unforeseen vulnerabilities, making it imperative for organizations to conduct thorough risk assessments and implement effective mitigation strategies.In response to this critical issue, industry leaders must prioritize security and take proactive measures to address these vulnerabilities.
This includes implementing robust security protocols, conducting regular vulnerability assessments, and investing in research and development to identify and patch potential weaknesses.
The software supply chain is notoriously porous: a reported 81% of codebases contain high- or critical-risk open source vulnerabilities. A single vulnerability can have a far-reaching impact on the wi...
Read Full Article »The Humane Ai Pin Has Already Been Brought Back to Life
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A Breakdown of the Situation Humane, a company known for its high-end gadgets, has taken an unprecedented step by bricking its latest device on Friday afternoon. This move seems to be an attempt to prevent potential misuse or unauthorized access to the device's features.
However, as seen in this case, it appears that hackers have found ways to bypass security measures and gain access to the device. Consequences of Bricking a Device Bricking a device is not an effective long-term solution to prevent hacking or unauthorized access.
It only serves as a temporary measure to restrict access, giving the manufacturer time to patch vulnerabilities or strengthen security protocols. In this case, Humane's attempt has backfired, and the hacker has successfully unlocked the device.
Implications for the Industry This incident highlights the need for manufacturers to adopt more robust security measures and consider the long-term consequences of their actions. The trend of bricking devices should be reassessed, and alternative solutions that prioritize user security and convenience should be explored.
Humane bricked its pricey gadget on Friday afternoon. A short time later, a hacker got the codes to unlock it and potentially turn it into the true smartphone replacement it was meant to be....
Read Full Article »Suspected Desorden hacker arrested for breaching 90 organizations
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The arrest of a suspect believed to be behind the "DESORDEN Group" or "ALTDOS" extortion scheme marks a significant development in the global fight against cybercrime. The individual is accused of leaking stolen data from over 90 organizations worldwide, causing widespread harm and disruption.The scope of the operation is staggering, with potentially compromised sensitive information from numerous organizations.
This highlights the urgent need foobust data protection measures to prevent such breaches in the future.Law enforcement efforts have played a crucial role in bringing this suspect to justice. The success of this operation underscores the importance of continued cooperation and collaboration between governments and agencies worldwide in combating cybercrime and protecting individuals' rights.
A suspected cyber criminal believed to have extorted companies under the name "DESORDEN Group" or "ALTDOS" has been arrested in Thailand for leaking the stolen data of over 90 organizations worldwide....
Read Full Article »Unmanaged Devices: The Overlooked Threat CISOs Must Confront
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Securing Unmanaged Devices with Empathyr When tackling the challenge of unmanaged devices, companies must approach the situation with care and consideration for their employees' privacy. This delicate balance is crucial in maintaining trust and avoiding a culture of fear or mistrust.A human-centered approach to device management involves open communication and education, empowering employees to make informed security decisions.
By fostering an environment where concerns are heard and valued, organizations can foster a sense of ownership and responsibility among staff members.Ultimately, prioritizing employee needs and well-being is essential in securing unmanaged devices. By adopting a sensitive and respectful strategy, companies can establish a strong foundation for trust and cooperation, ultimately leading to more effective security measures and a positive work environment.
No matter the strategy, companies must approach securing unmanaged devices with sensitivity and respect for employee privacy....
Read Full Article »Industrial System Cyberattacks Surge as OT Stays Vulnerable
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Summary
The increasing threat of state and non-state actors exploiting vulnerabilities in organizational systems is a growing concern. According to recent reports, nearly a third of organizations have a system connected to the internet with known exploited vulnerabilities.
This poses significant risks to their operations, reputation, and customer data.If left unaddressed, these vulnerabilities can lead to devastating consequences, including financial losses, reputational damage, and even physical harm to individuals. Organizations must prioritize patching and maintaining system security to mitigate these risks.Legislative and regulatory frameworks are also evolving to hold organizations accountable for protecting against cyber threats.
Organizations must navigate this complex landscape to ensure they meet their obligations and protect themselves against the ever-present threat of cyber attacks.
Nearly a third of organizations have an operational system connected to the Internet with a known exploited vulnerability, as attacks by state and non-state actors increase....
Read Full Article »Data Suggests It's Time to Rethink Cloud Permissions
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Excessive privileges can lead to catastrophic consequences in the world of cybersecurity. When an individual or entity holds too much power, they create a fertile ground for malicious actors to exploit.
This is evident in high-profile breaches where privileged accounts have been compromised, resulting in massive data losses and financial devastation.On the other hand, visibility gaps can be just as detrimental. Lack of transparency and oversight enables attackers to hide in plain sight, evading detection and perpetuating their nefarious activities.
As a result, organizations must prioritize robust access controls, regular audits, and transparent communication to prevent such vulnerabilities.To mitigate these risks, organizations should adopt a culture of responsibility and accountability. This includes implementing strict access controls, conducting regular security assessments, and fostering an environment of transparency and cooperation between departments.
By doing so, they can significantly reduce the risk of cyber threats and protect their sensitive assets.
Excessive privileges and visibility gaps create a breeding ground for cyber threats....
Read Full Article »European Commission Gets Dinged for Unlawful Data Transfer, Sending a Big Message About Accountability
Discussion Points
- Accountability for Data Breaches: Is it enough for corporations to only pay damages when their negligence directly results in financial loss for individuals, or should they be held accountable for any harm caused by data breaches, regardless of financial gain?
- Data Protection Regulations and Enforcement: Why are some companies still not adhering to data protection regulations, and what measures can be taken to ensure stricter enforcement and penalties for non-compliance?
- International Cooperation on Data Privacy: How can the European Union's General Data Protection Regulation (GDPR) serve as a model for other regions to protect individual data privacy, and what challenges are associated with implementing such regulations globally?
Summary
The European Commission has been ordered to pay damages to a user for violating its own data protection regulations. This case highlights the principle that individuals have the right to seek compensation when their personal data is lost, stolen, or shared without safeguards.
The decision underscores the importance of accountability for corporations and institutions that fail to protect user data. The European General Court found that the EC violated EU privacy protections by facilitating the transfer of a citizen's IP address and other personal data to Meta.
This case may serve as a precedent for users and lawmakers in otheegions.
The European Commission was caught failing to comply with its own data protection regulations and, in a first, ordered to pay damages to a user for the violation. The €400 ($415) award may be tiny c...
Read Full Article »Bitwarden responds to encryption design flaw criticism
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A recent accusation has been made against a prominent password vault vendor, alleging that their approach to encryption is flawed. This raises concerns about the security and integrity of user data.
Experts have long emphasized the importance of robust encryption in protecting sensitive information, and this case highlights the consequences of neglecting these standards.The vendor's actions, if true, would have far-reaching implications for users who rely on their services. Compromised passwords can lead to identity theft, financial loss, and reputational damage.
Organizations that use these services must take immediate action to assess and mitigate any potential risks.Regulatory bodies and industry leaders must also step in to address the issue. The vendor's reputation and the security landscape as a whole will suffer if steps are not taken to rectify the situation.
A thorough investigation is needed to determine the extent of the problem and implement necessary reforms.
Password vault vendor accused of making a hash of encryption...
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