Beyond the pandemic: Why are data breach costs at an all‑time high?

It might be tempting to blame the record-high costs of data breaches on the COVID-19 pandemic alone. But dig deeper and a more nuanced picture emerges. Any narrative about cybersecurity in 2020 is naturally going to focus on the COVID-19 pandemic. This once-in-a-generation crisis and the digital transformation it accelerated both broadened corporate attack surfaces and directed … More Beyond the pandemic: Why are data breach costs at an all‑time high?

Man impersonates Apple support, steals 620,000 photos from iCloud accounts

The man was after sexually explicit photos and videos that he would then share online or store in his own collection. A California man has fessed up to breaking into the Apple iCloud accounts of hundreds of individuals and downloading more than 620,000 images and 9,000 videos while on the prowl for nude photos of … More Man impersonates Apple support, steals 620,000 photos from iCloud accounts

Microsoft Power Apps misconfiguration exposes millions of records

The caches of data that were publicly accessible included names, email addresses and social security numbers. A total of 38 million records stored across hundreds of Microsoft Power Apps portals have been found sitting unprotected on the internet. The treasure trove of data included a variety of personally identifiable information (PII) ranging from names and … More Microsoft Power Apps misconfiguration exposes millions of records

Hackers swipe almost $100 million from major cryptocurrency exchange

Japanese cryptocurrency exchange Liquid suspends cryptocurrency deposits and withdrawals and moves its assets into cold storage. Japanese cryptocurrency exchange platform Liquid has fallen victim to enterprising hackers who compromised its warm wallets and made off with more than US$97 million in various cryptocurrency assets. “At roughly 7:50 AM SGT on August 19th, Liquid’s Operations and … More Hackers swipe almost $100 million from major cryptocurrency exchange