Friday , October 18 2024

Data Breach

New survey by IDC
Malaysia face doubling of ransomware incidents in 2023

Malasia flag

In Malaysia, the cybersecurity situation is changing as organizations deal with an increase in cyber threats. A recent survey by IDC shows that phishing is the main concern, with 54% of organizations ranking it as the biggest threat. The top five risks in Malaysia are ransomware, unpatched vulnerabilities, identity theft, …

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Draft emergency plan
China to enforce 10 min response time for data breaches

China flag

China proposed a four-tier classification to respond to data security incidents, showing its concern about data leaks and hacking in the country. The plan is due to increased tensions with the United States and its allies. It follows an incident where a hacker claimed to have gotten a large amount …

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Canada Ransomware Whitepaper-2023
Mid-sized Canadian firms pay an average $1.13 million to ransomware gangs

Ransomware

A recent survey found that mid-sized Canadian companies paid an average of just over $1 million in ransomware payments this year. On Thursday, the results of a survey conducted by Palo Alto Networks were released. The survey involved IT professionals from 1,000 organizations with employee numbers ranging from 100 to …

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Treasury Board of Canada Secretariat statment
Canadian government discloses data breach

Canada

The Canadian government reported that two contractors have been hacked, revealing sensitive information of an unknown number of government employees. Last month, there were security breaches that affected two companies: Brookfield Global Relocation Services (BGRS) and SIRVA Worldwide Relocation & Moving Services. These companies provide relocation services to Canadian government …

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SektorCERT reported
Record 22 Critical Infra hit by Sandworm: An alert for CII globally

power house

Hackers attacked Denmark’s critical infrastructure by compromising 22 energy organizations. This information was revealed by SektorCERT, a non-profit cybersecurity center for critical sectors. In May 2023, hackers attacked Danish critical infrastructure and compromised several organizations in just a few days. This was the biggest attack of its kind in Denmark …

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ICBC, the world’s biggest bank, hit by ransomware

A cyber attack on the financial services division of China’s biggest bank has caused disruptions in the US Treasury market. Clients of the Industrial and Commercial Bank of China have had to redirect their trades. ICBC Financial Services, a member of the Securities Industry and Financial Markets Association, was targeted …

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Duke University research found
US military personnel data up for sale, sold for 12 cents per person

According to a study from Duke University, it is possible to purchase data on thousands of military personnel, including personal details such as health issues and gambling habits, for less than $0.50 per person. Researchers from Duke University conducted a data brokerage project. They reached out to 12 data brokers …

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HHS’ Department Report
Healthcare Data Breaches affect 88 Million Americans

The US Department of Health and Human Services (HHS) has reported that threat actors have accessed sensitive health data of tens of millions of American patients this year. The HHS reported a significant increase in “large breaches” and ransomware incidents to its Office for Civil Rights (OCR). In 2023, there …

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Data breach cause prediction
90% of data breaches in 2024 will feature a human element

According to an analyst, there will be major data breaches and fines for application developers who use generative AI (GenAI) extensively next year. Forrester made the claims in its 2024 predictions for cybersecurity, risk and privacy and trust. Alla Valente, a senior analyst, issued a warning about the excessive use …

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International Counter-Ransomware Initiative
40 countries to sign a agreement not to pay ransom

40 countries will sign a pledge to stop paying ransoms demanded by cybercriminal groups at the International Counter-Ransomware Initiative summit in Washington, D.C. Anne Neuberger, Deputy National Security Adviser for Cyber and Emerging Technology at the White House, suggested that this initiative is a response to the increasing global threat …

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