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Cyber-Criminal espionage Operation insists on Italian Manufacturing

Security Affairs

ZLab researchers spotted a new malicious espionage activity targeting Italian companies operating worldwide in the manufacturing sector. This actor was first spotted by PaloAlto’s UNIT42 in 2018 during wide scale operations against technology, retail, manufacturing, and local government industries in the US, Europe and Asia.

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SHARED INTEL: Study shows mismanagement of ‘machine identities’ triggers $52 billion in losses

The Last Watchdog

Now comes a study from Boston-based consultancy Air Worldwide that puts some hard numbers on the degree to which threat actors are plundering virtual machines. According to the study, poor management of machine identities leads directly to an estimated $52 billion to $72 billion in losses annually. LW: This isn’t theoretical is it?

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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Big Data Hub

The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. of all studied attacks among the top ten industries in 2022, up from 7.3%

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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

Known records breached Up to 3,806 organisations with DICOM (Digital Imaging and Communications in Medicine) servers Source (New) Healthcare Unknown Unknown >59 million Akumin Source (New) Healthcare USA Yes 5 TB AMCO Proteins Source (New) Manufacturing USA Yes 4 TB Norton Healthcare Source (New) Healthcare USA Yes 2.5 and Robert W.

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List of data breaches and cyber attacks in June 2020 ­– 7 billion records breached

IT Governance

Tait Towers Manufacturing discloses security incident affecting employee data (unknown). Australian activewear retailer In Sport infected with ransomware (unknown). Retailers Intersport and Claire’s suffer payment card skimming attack (unknown). People are worth $1,285 on the dark web, new study finds. hack (350,000).

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

Spargo & Associates Inc. unknown) Criminal hackers attack Ehrmann, demand millions in ransom (unknown) Criminal hackers attack Energy Hamburg Radio (unknown) Chemical distribution company Brenntag paid a $4.4 Data breaches. Financial information.

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Calculating the Benefits of the Advanced Encryption Standard

Schneier on Security

NIST has completed a study -- it was published last year, but I just saw it recently -- calculating the costs and benefits of the Advanced Encryption Standard. And this isn't the first time NIST has conducted economic impact studies. It released a study of the economic impact of DES in 2001.