SecurityWeek Briefing

"CloudStrike faces lawsuits from customers, investors."

Views expressed in this cybersecurity, cyber crime update are those of the reporters and correspondents.  Accessed on 01 August 2024, 0003 UTC.

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Russ Roberts (https://www.hawaiicybersecurityjournal.net).

 

Wednesday, July 31, 2024

LATEST CYBERSECURITY HEADLINES

CrowdStrike Faces Lawsuits From Customers, Investors Microsoft Says Azure Outage Caused by DDoS Attack Response Company Paid Record-Breaking $75 Million to Ransomware Group: Report Ransomware Attack Hits OneBlood Blood Bank, Disrupts Medical Operations DigiCert Revoking Many Certificates Due to Verification Issue Cost of Data Breach in 2024: $4.88 Million, Says Latest IBM Study Company Paid Record-Breaking $75 Million to Ransomware Group: Report Chrome 127 Improves Cookie Protection on Windows City of Columbus Says Data Compromised in Ransomware Attack Massive OTP-Stealing Android Malware Campaign Discovered  Vulnerabilities Enable Attackers to Spoof Emails From 20 Million Domains Google Cloud CISO Phil Venables: ‘I’m short-term pessimistic, long-term optimistic’ Meta Agrees to $1.4B Settlement With Texas in Privacy Lawsuit Over Facial Recognition Senate Passes Bill to Protect Kids Online and Make Tech Companies Accountable for Harmful Content People on the Move - SecurityWeek’s coverage shines a light on fresh hiring announcements, promotions, and career achievements within the cybersecurity community.

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If You Missed It Last Week...

Apple Rolls Out Security Updates for iOS, macOS Indian APT Targeting Mediterranean Ports and Maritime Facilities AI, Cybersecurity Top Investment Areas for Industrial Organizations: Cisco Software Supply Chain Security Firm Lineaje Raises $20M in Series A Funding Cyber Insurance Provider Cowbell Raises $60 Million Thousands Download New Mandrake Android Spyware Version From Google Play ZeroTier Raises $13.5 Million in Series A Funding Ransomware Gangs Exploiting Just-Patched VMware ESXi Flaw Threat Actors Exploit Fresh ServiceNow Vulnerabilities in Attacks Millions of Websites Susceptible to XSS Attack via OAuth Implementation Flaw Acronis Product Vulnerability Exploited in the Wild 4.3 Million Impacted by HealthEquity Data Breach SecurityWeek Analysis: 178 Cybersecurity M&A Deals Announced in First Half of 2024 Selenium Grid Instances Exploited for Cryptomining IAM for MSPs Provider Evo Security Raises $6 Million Phishing Campaign Exploited Proofpoint Email Protections for Spoofing Progress Patches Critical Telerik Report Server Vulnerability US Offers $10 Million Reward for Information on North Korean Hacker 97% of Devices Disrupted by CrowdStrike Restored as Insurer Estimates Billions in LossesIn Other News: FBI Cyber Action Team, Pentagon IT Firm Leak, Nigerian Gets 12 Years in Prison Threat Actors Exploit Fresh ServiceNow Vulnerabilities in Attacks Trending: CrowdStrike Explains Why Bad Update Was Not Properly Tested

SecurityWeek Expert Insights

Using Threat Intelligence to Predict Potential Ransomware Attacks - The risk of suffering a ransomware attack is high and organizations must take proactive steps to protect themselves and minimize the impact of a potential breach. (Marc Solomon) Rising Tides: Alyssa Miller on ‘Do Better, be Better’ and ‘See Past the Technology’ to Advance Cybersecurity - Miller has been in cybersecurity for roughly 20 years and is now the CISO of Epiq Global. (Jennifer Leggio) It’s Time to Reassess Your Cybersecurity Priorities - A cyber resilience strategy is vital for business continuity and can provide a range of benefits before, during, and after a cyberattack. (Torsten George)

CISO Conversations: Frank Kim (YL Ventures) and Charles Blauner (Team8) Frank Kim and Charles Blauner are responsible for security at both their own company and for the companies in which their firms invest. (Read More)

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