Cyber insurance is still expensive, harder than ever to get, and the situation will probably not change for at least a couple of years. The market is particularly hard on small businesses, who are increasingly being left with inadequate coverage options.
Established in 2007, the Qakbot malware botnet finally met its end in August at the hands of a joint operation spearheaded by the FBI and involving numerous other law enforcement agencies throughout Europe.
FTX and a number of other crypto exchanges that have gone under are having their bankruptcy claims managed by Kroll, which suffered a late August data breach. The exposed claimant information is already being used for phishing attempts that claim FTX funds are available to be withdrawn.
A recent ransomware attack out of Denmark illustrates how sensitive data migrations are for hosting providers, and how a business can potentially be ended by a crippling blow at the wrong time. Both hosting providers saw most of their stored customer data wiped out, and appear to not have had adequate offline backups in place to recover.
China claims cyber attack on the Wuhan Earthquake Monitoring Center is the responsibility of US intelligence agencies due to an identifiable type of backdoor malware left behind. China’s National Computer Virus Emergency Response Center (CVERC) has promised a report on the alleged US reconnaissance network.
Data security concerns of Tesla’s Sentry Mode have manifested in sporadic bans from various areas, mostly those associated with the military or government offices. But this has recently expanded to certain sporting events and airport parking.
Thousands of police officers, including some that work with MI5 on anti-terrorism cases, have had their names and work locations exposed in the Police Service of Northern Ireland (PSNI) data leak and may be targeted by violence as a result.
Worldcoin has raised privacy concerns due to a lack of clarity about how secure the storage for all of this biometric data is, and whether the crowds of people that lined up to have their irises scanned really gave informed consent in the eyes of the law.
Recent high-profile mishaps by a number of cloud services, but particularly those run by Microsoft, have triggered a security review by the Department of Homeland Security’s Cyber Safety Review Board (CSRB).
Group of former US military officials have told Washington Post reporters that Chinese hackers deeply penetrated Japanese military networks in 2020 and appeared to dwell there for about a year. Military readiness and supply information was reportedly targeted.