Tag: financial losses
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		The Register: Criminals open DocuSign’s Envelope API to make BEC special deliverySource URL: https://www.theregister.com/2024/11/05/docusigns_envelope_bec/ Source: The Register Title: Criminals open DocuSign’s Envelope API to make BEC special delivery Feedly Summary: Why? Because that’s where the money is Business email compromise scammers are trying to up their success rate by using a DocuSign API.… AI Summary and Description: Yes Summary: The text discusses a rise in business… 
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		Hacker News: Financial institutions told to get their house in order before next CrowdStrikeSource URL: https://www.theregister.com/2024/11/02/fca_it_resilience/ Source: Hacker News Title: Financial institutions told to get their house in order before next CrowdStrike Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses the UK’s Financial Conduct Authority (FCA) urging financial institutions to enhance their resilience against IT outages similar to the significant disruption caused by a… 
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		Microsoft Security Blog: 7 cybersecurity trends and tips for small and medium businesses to stay protectedSource URL: https://www.microsoft.com/en-us/security/blog/2024/10/31/7-cybersecurity-trends-and-tips-for-small-and-medium-businesses-to-stay-protected/ Source: Microsoft Security Blog Title: 7 cybersecurity trends and tips for small and medium businesses to stay protected Feedly Summary: The challenges that small and midsize businesses (SMBs) face when it comes to security continue to increase as it becomes more difficult to keep up with sophisticated cyberthreats with limited resources or… 
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		Rekt: Radiant Capital – Rekt IISource URL: https://www.rekt.news/radiant-capital-rekt2 Source: Rekt Title: Radiant Capital – Rekt II Feedly Summary: Radiant Capital gets a $53M haircut. Thought multi-sigs were safe? Think again. Radiant’s “robust" 3/11 setup crumbled like a house of cards. Exploited twice in 2024, the future of Radiant looks about as bright as a black hole. AI Summary and Description:… 
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		CSA: What You Need to Know About Cyber ExtortionSource URL: https://www.veeam.com/blog/cyber-extortion-protection-rapid-recovery-guide.html Source: CSA Title: What You Need to Know About Cyber Extortion Feedly Summary: AI Summary and Description: Yes Summary: The text provides an in-depth analysis of cyber extortion, detailing various tactics employed by cybercriminals and the evolving nature of threats as organizations increasingly become targets. It emphasizes the importance of preparedness and…