We reported on Mr. Cooper—one of the nation’s largest mortgage providers—a month ago. Mr. Cooper was featured as they dealt with the throws of a cybersecurity event. The attack disrupted their networks and caused homeowners to avoid payment dues temporarily. Back then, the consequences of the attack were unclear. Subsequently, the public was left to speculate about the event’s impact. Preliminary investigations have concluded, and the impact figure is massive.
In a dramatic twist befitting a digital thriller, a malware analyst at SecurityScorecard turned the tables on cybercriminals, rescuing a company from a staggering $500,000 ransomware demand. This story isn’t just about a single incident; it’s a testament to the power of cybersecurity expertise in the ongoing battle against ransomware, a menace that recorded 493 million instances in 2022 alone.
The National Student Clearinghouse (NSC) is a provider of comprehensive skill sets; they work to better prepare students for success through grade school and during the transition into the workforce. Dubbed “the K-20 to Workforce Continuum,” NSC’s services have assisted thousands of individuals in achieving academic and career distinctions. These same individuals may now be at risk for information misuse, however. The NSC is another victim of the global MOVEit data breach event.
Delta Dental of California (DDC), Delta Dental Insurance Company, Delta Dental of Pennsylvania, and other subsidiaries may have exposed data; the compromised data is not a product of the organizations. Instead, the breach stems from a third-party servicer specializing in file management and transferring tools—MOVEit.
In today’s interconnected world, the growing use of wireless technologies creates greater vulnerability for security breaches. Given the rising number of users, devices, and applications on corporate Wi-Fi networks, organizations need to implement a security solution that can ensure exceptional performance and optimal protection to shield their networks from threats.
Cybercriminals are increasingly using QR codes in their phishing campaigns to trick users and obtain their email account information, credentials, or sensitive data. This tactic to obtain credentials known as quishing, or QR code phishing, was first observed at scale in May of this year, when a group of cybercriminals spoofed Microsoft security alerts asking employees across multiple industries to scan a QR code to update their account security settings.
A recent article from The Hacker News highlights the challenges and significance of cybersecurity awareness training within organizations. As companies budget for 2024, many are allocating funds for employee security awareness training. However, the effectiveness of such training has come into question, given the behaviors in the workplace including phishing attacks and social engineering.
As we bid farewell to 2023, let’s take a stroll down memory lane and groove through the top hits of TrustCloud’s product releases. We’re breaking down your favorite chart-toppers, from the smooth upgrades that became part of your daily rhythms to the fresh features that added a jazzy touch to your workflow. So, kick back, hit play, and scroll through the beats that made 2023 an unforgettable chapter for TrustCloud’s customers, team, and partners.
Roughly 20 percent of all retail sales occur online. This statistic may sound lukewarm now, but e-commerce is rapidly becoming the lion’s share of global transactions. However, the model’s incredible growth also provides criminals ample opportunity to steal from online businesses. The absence of a physical location removes much of the criminal’s risk, and new strategies constantly pop up. A robust fraud prevention strategy should cover the majority of business operations.
