Patience is one of those time-dependent, and often situational circumstances we experience. Few things define relativity better than patience. Think of the impatience of people who have to wait ten minutes in a line at a gas station, yet the thought of waiting ten minutes for a perfectly brewed cup of coffee seems entirely reasonable. It can’t be about the cost, since even the smallest cup of coffee is equal to, if not more expensive than a gallon of gasoline.
An account takeover attack is a form of identity theft in which a cybercriminal takes over someone else’s online account. Cybercriminals steal a victim’s login credentials without them knowing through methods such as brute force attacks and phishing. Once the cybercriminal gains access to a victim’s account, they change the login credentials to prevent the victim from logging back in.
Malicious packages consist of software embedded with code that is capable of causing harm to an entire system or network. This is a rapidly growing threat affecting open-source software and the software supply chain. This attack method has seen a nearly 12,000% increase from 2022 to 2023, as reported by Synk. Some reasons include its technical feasibility, the potential for high returns, and the widespread distribution of open-source offerings, Common types of malicious packages encompass.
The latest MGM Resorts ransomware attack demonstrates why cyber insurance is critical as part of a multi-layered security strategy. In our last blog, we discussed the recent Las Vegas cyber incidents and how no organization is completely safe. The original cyber incident at MGM Resorts occurred on September 10, 2023 — nearly two weeks ago now – and the company and its valued customers are still feeling its effects.