The frontier of AI-driven cybersecurity is expanding, offering a wealth of investment opportunities for venture capitalists, private equity firms, and individual investors. As cyber threats become more sophisticated, the demand for advanced…
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Clop’s Ransomware Attack Targets U.S.
A Russian ransomware group, known as Clop, compromised U.S. federal agency data, including that of the Energy Department, exploiting file transfer software MOVEit to steal and sell user data. The Cybersecurity and…
LockBit Ransomware: CISA’s Comprehensive Advisory
The Cybersecurity and Infrastructure Security Agency (CISA), the FBI, and international cybersecurity partners have issued an advisory about the LockBit ransomware operation. Since 2020, LockBit has extorted $91 million from US organizations…
Lessons from 2023’s Major Data Breaches
In 2023, data breaches have impacted nearly 350 million accounts, with Twitter experiencing the largest breach. These breaches underscore that anyone can be a target, regardless of size or sector. Human error,…
UNC3886 Exploits VMware for Cyber Espionage
The state-sponsored Chinese hacking group, UNC3886, is exploiting a zero-day vulnerability (CVE-2023-20867) in VMware ESXi hosts to infiltrate Windows and Linux systems. The flaw allows the execution of privileged commands across guest…
Zacks Data Breach: Customer Compromise
Zacks Investment Research confirmed a major data breach in which encrypted passwords were stolen from an unspecified number of customers. The breach, linked to a previous hack, was exposed by the breach…
Ransomware Attack Compromises Healthcare Data
In April, a ransomware attack on Harvard Pilgrim exposed the sensitive data of more than 2.5 million customers, including social security numbers and medical histories. According to Gary Miliefsky, CEO of Cyber…
Cyberattack Forces Illinois Hospital Closure
St. Margaret’s Health in Spring Valley, Illinois, is reportedly the first hospital forced to close its doors due to the fallout of a devastating cyberattack. In conjunction with other factors like the…
Cyber Threats Amplify Energy Crisis
Russia’s invasion of Ukraine in February 2022 highlighted the vulnerability of energy security, with oil and gas prices soaring and cyberattacks on critical infrastructure increasing as Europe’s demand for energy grew. The…
Manchester University Battles Cyber Intrusion
The University of Manchester announced on June 9th that it is managing a cyber security incident involving unauthorized access to its network. This information was revealed in a stock exchange announcement, and…