By Ashwani Mishra, Editor-Technology, 63SATS
Chinese hackers have breached U.S. telecom networks, accessing court wiretap data; Comcast and Truist Bank have been affected by an FBCS data breach impacting millions; ASEAN’s data breach costs have reached a record S$4.34 million, with the financial sector being hit hardest; 5.11 Tactical’s data breach has exposed customer payment information; EigenLayer has faced a security breach resulting in the theft of $5.7 million in tokens; and Universal Music Group’s data breach has exposed personal data of individuals.
Stay tuned for more global cyber updates.
Chinese Hackers Breach U.S. Court Wiretap Systems
Chinese hackers have infiltrated the networks of major U.S. broadband providers, accessing systems used by the federal government for court-authorized wiretapping, according to the Wall Street Journal.
Networks from companies like Verizon Communications, AT&T, and Lumen Technologies were breached, possibly for several months, exposing sensitive communications and internet traffic.
Data Breach at FBCS Affects Comcast and Truist Bank Customers
Comcast and Truist Bank customers have been impacted by a significant data breach at FBCS, a debt collection agency.
The breach, which occurred between February 14 and February 26, 2024, compromised sensitive data such as names, Social Security Numbers, and account information, eventually affecting over 4.2 million individuals.
ASEAN Data Breach Costs Hit Record High in 2024
The average cost of a data breach in ASEAN has reached an all-time high of S$4.34 million (US$3.33 million) in 2024, with financial services experiencing the highest costs at S$7.48 million.
Organizations utilizing AI and automation mitigated breach costs and reduced incident response times compared to those without such investments.
5.11 Tactical Suffers Data Breach Affecting Payment Information
5.11 Tactical, a popular U.S. tactical gear retailer, experienced a data breach impacting thousands of customers.
The breach, occurring between July and August 2024, exposed payment card information of customers who made purchases online. The incident was confirmed on September 12 after an investigation by a leading cybersecurity firm.
$5.7 Million Stolen in EigenLayer Restaking Protocol Security Breach
The Ethereum restaking protocol EigenLayer recently suffered a security breach, leading to the theft of $5.7 million worth of tokens.
The attackers compromised an email thread related to an investor’s token transfer, allowing them to divert the tokens and sell them via a decentralized platform.
Universal Music Group Data Breach Exposes Sensitive Personal Information
Universal Music Group (UMG) disclosed a data breach that exposed sensitive personal information, including Social Security numbers, of a small number of individuals.
The breach was discovered in late August after unauthorized activity in an internal application was identified, prompting immediate action and notification to those affected. UMG is offering identity protection services in response to the breach.