Stay ahead in the dynamic world of cybersecurity.
Here’s your concise guide to the latest trends, threats, and breakthroughs from around the globe:
AT&T Faces Major Data Breach
AT&T disclosed a significant security breach impacting the call records of millions. Reports indicate the company paid approximately $370,000 in cryptocurrency to the hacker for data deletion, with a video confirmation provided.
NATO to Establish Cyber Defense Center
NATO allies announced plans to create an integrated cyber defense center in Belgium. This initiative aims to bolster network security and address threats, including those to civilian critical infrastructure.
Alphabet’s Historic $23 Billion Cybersecurity Acquisition
Alphabet, Google’s parent company, is poised to acquire cybersecurity startup Wiz for $23 billion, potentially marking its largest acquisition to date. Most of the transaction is expected to be in cash.
U.S. Department of Defense Lacks Cyber Strategy
A recent review revealed that the DOD’s IT division is missing cybersecurity strategies for various programs, prompting the U.S. Government Accountability Office to recommend immediate development to safeguard against cyber threats.
Singapore Banks to Eliminate OTPs
Singapore’s banks have three months to phase out one-time passwords (OTPs) for online logins, as mandated by the Monetary Authority of Singapore, to combat phishing risks.
Rite Aid Hit by Ransomware Again
Rite Aid has reported a ransomware attack, marking another security incident. The company acknowledged a limited cybersecurity breach and faces a July 22 deadline from the ransomware group for meeting demands or risking data leakage.
