Infosecurity News

Chanel Apologizes for Data Breach
Cyber-attack blamed for data breach at Korean arm of French luxury brand

GoVanguard Acquires Gotham Security
Boutique NYC cybersecurity company snapped up by technology security firm

23 Charged Over BEC Scam
Cops arrest alleged members of cyber-criminal gang that victimized companies in Asia and Europe

Attackers Increasingly Turning to DDoS as a Ransom Vector
New research finds that more organizations have been targeted by RDDoS attacks than ransomware, with both tactics proving fruitful for cyber-criminals

Accenture Tied Up in $50M Ransom Lockbit 2.0 Attack
The global consulting firm has been hit by the LockBit ransomware gang, according to the cyber-criminal group's website

NCSC Launches Microsoft Office 365 Button to Report Business Email Spam
The organization has already received 6.5 million reports

SmartSearch Finds 10% Of Regulated Businesses Do No Checks on Business Customers
10% of all firms surveyed in SmartSearch's report say they carry out no checks on business customers.

Prison for Software Firm Fraudster
Virginia tech-company owner incarcerated over $1.3M fraud schemes and CSAM possession

Digital Fraud Up, but Targets Have Changed
Cyber-criminals drop financial services to hit gaming and travel and leisure industries

Data Breach at Georgia Health System
Hacker accessed patient data for six months before staging ransomware attack

Financial Services Brace Themselves for Increase in Email-Borne Cyber-attacks
Financial services companies expect to see an influx of email-borne attacks during 2021 due to increased volumes in email

Cybercrime Costs Victims $318bn Annually
It is estimated that 71.1 million people fall victim to cybercrime each year

Over $600 Million Stolen in Biggest Ever Cryptocurrency Theft
Cyber-hackers have attacked cross-chain interoperability protocol Poly Network

Microsoft Releases High Priority Fixes in August Patch Tuesday
A total of 44 patches were released this month by Microsoft, seven of which were rated as "Critical"

NortonLifeLock and Avast Confirm Merger Deal Worth Over $8 Billion
US cyber firm NortonLifeLock has confirmed it will buy British rival Avast in a deal valuing London-listed company near $8.6 bn (£6.2 bn).

Cybercrime Victims Reluctant to Call Cops
New Zealanders victimized by crime are least likely to report cybercrimes and sexual assaults

UPMC to Pay $2.65M to Settle Data Breach Case
Settlement reached over 2014 data breach at the University of Pittsburgh Medical Center

Remote Workers Duck Security Rules
More than half of employees working remotely undermine company security policies

Unauthorized Network Access Selling for Up to Five Figures
Underground criminals are selling access to organizations for as much as $10,000

Fraudsters Impersonate DPD in "Convincing" New Smishing Scam
Scammers are attempting to trick recipients into giving away payment details in a new smishing campaign



