Category: Industry News

News and information from the Advent IM team.

A Password Set To Password Leads To A $15 Million Ransom Demand

There’s a long list of passwords that are so terrible that you should never, ever use them. One of the absolute worst is password, yet it keeps popping up in breaches. Just this week password allegedly allowed hackers to break in to a server, steal data and issue a $15 million ransom demand to the […]

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LAPSUS$ Hackers Claim to Have Breached Microsoft and Authentication Firm Okta

Microsoft and authentication services provider Okta said they are investigating claims of a potential breach alleged by the LAPSUS$ extortionist gang. The development, which was first reported by Vice and Reuters, comes after the cyber criminal group posted screenshots and source code of what it said were the companies’ internal projects and systems on its […]

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Ireland’s evasive response to a major security complaint

Ireland’s evasive response to a major security complaint filed against Google’s adtech the year the European Union’s General Data Protection Regulation (GDPR) came into application is the target of a new lawsuit that accuses the Data Protection Commission (DPC) of years of inaction over what the complainants assert is “the largest data breach ever.” At […]

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Facebook Hit With $18.6 Million GDPR Fine Over 12 Data Breaches in 2018

The Irish Data Protection Commission (DPC) on Tuesday slapped Facebook and WhatsApp owner Meta Platforms a fine of €17 million (~$18.6 million) for a series of security lapses that occurred in violation of the European Union’s GDPR laws in the region. “The DPC found that Meta Platforms failed to have in place appropriate technical and […]

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Fury as suspects ‘mistakenly’ given victims’ private details

THE Crown Prosecution Service has admitted putting victims of crime at risk, by mistakenly giving out personal details to suspected criminals. Victims in more than 50 cases were told their secret personal details such as health records, addresses and contact details had been accidentally handed to the defence. All the blunders by CPS staff were […]

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Strategic Review of Policing: Police tech needs better ethical scrutiny

The Strategic Review of Policing confirms the central role that tech will be playing going forward, but warns of the need for greater ethical scrutiny to ensure public trust The UK’s “largely analogue police service” needs a major tech update to deal with proliferation of digitally enabled crime, but new technologies also need much better […]

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Google to acquire cybersecurity firm Mandiant for $5.4 billion

Google is to purchase cybersecurity firm Mandiant for $5.4 billion, hoping to boost its cloud security solutions as companies are facing a flood of cyberattacks on their systems. The Mandiant deal is Google’s second-largest transaction ever, behind its $12.5 billion purchase of Motorola a decade ago. Google says the acquisition will enable its cloud unit […]

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Toyota forced to close factories after cyber attack on supplier

14 Japanese factories closed after parts supplier Kojima Industries was hit A cyber attack on automotive parts supplier Kojima Industries on Monday has halted Toyota’s car production in Japan. A spokesperson for Kojima, a supplier of air conditioning, steering wheel components and other parts to Toyota, confirmed that a virus had been found on its […]

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Backups ‘no longer effective’ for stopping ransomware attacks

Traditional methods of mitigating ransomware are less efficacious thanks to the rise in double and triple extortion techniques The growth of double extortion – and even triple extortion – ransomware attacks is in danger of rendering common, traditional methods of mitigating the impact of a ransomware hit, such as well-maintained backups, less efficacious, according to […]

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New cyber guidelines to safeguard construction sector

The National Cyber Security Centre (NCSC) and the Chartered Institute of Building (CIOB) have launched new sector-specific cyber security guidance pitched at small and medium-sized businesses operating in the construction industry. The Cyber security for construction businesses guide has not been compiled in response to any specific threat, but rather is a reflection of the […]

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