Tag: financial loss
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The Register: FTC urges smart device makers to disclose software update lifecycles
Source URL: https://www.theregister.com/2024/11/27/ftc_smart_product_makers/ Source: The Register Title: FTC urges smart device makers to disclose software update lifecycles Feedly Summary: You need to know in advance when your kit will be bricked or downgraded – it’s the law Makers of software-enabled products have been put on notice by the US Federal Trade Commission (FTC) for failing…
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Cloud Blog: Cloud CISO Perspectives: Ending ransomware starts with more reporting
Source URL: https://cloud.google.com/blog/products/identity-security/cloud-ciso-perspectives-ransomware-cyber-insurance-reporting/ Source: Cloud Blog Title: Cloud CISO Perspectives: Ending ransomware starts with more reporting Feedly Summary: Welcome to the second Cloud CISO Perspectives for November 2024. Today, Monica Shokrai, head of business risk and insurance, Google Cloud, and Kimberly Goody, cybercrime analysis lead, Google Threat Intelligence Group, explore the role cyber-insurance can play…
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The Register: Mega US healthcare payments network restores system 9 months after ransomware attack
Source URL: https://www.theregister.com/2024/11/20/change_healthcares_clearinghouse_services/ Source: The Register Title: Mega US healthcare payments network restores system 9 months after ransomware attack Feedly Summary: Change Healthcare’s $2 billion recovery is still a work in progress Still reeling from its February ransomware attack, Change Healthcare confirms its clearinghouse services are back up and running, almost exactly nine months since…
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Rekt: Polter Finance
Source URL: https://www.rekt.news/polter-finance-rekt Source: Rekt Title: Polter Finance Feedly Summary: After losing roughly $8.7 million to a textbook case of oracle manipulation, Polter Finance is scrambling to clean up the mess. Their unaudited protocol left key vulnerabilities wide open, and now they’re facing the fallout. Another day, another lesson in DeFi’s recklessness. AI Summary and…
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ISC2 Think Tank: From Impersonation to MFA Bypass: Tackling Today’s Most Sophisticated, Novel Phishing Threats
Source URL: https://www.isc2.org/professional-development/webinars/thinktank?commid=630141 Source: ISC2 Think Tank Title: From Impersonation to MFA Bypass: Tackling Today’s Most Sophisticated, Novel Phishing Threats Feedly Summary: As phishing attacks grow more advanced, even major tech companies have suffered losses exceeding $100 million from sophisticated email scams. With these threats evolving, messaging and collaboration tools are becoming particularly vulnerable, demanding…
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Rekt: DeltaPrime – Rekt II
Source URL: https://www.rekt.news/deltaprime-rekt2 Source: Rekt Title: DeltaPrime – Rekt II Feedly Summary: Audited multiple times, hacked twice in two months. DeltaPrime loses another $4.85M after ignoring explicit warnings about admin key security. Like leaving your mansion unlocked after security consultants kept telling you to change the locks. AI Summary and Description: Yes Summary: The text…