Tag: data privacy
Cybercriminals crack MFA defenses
Cybercriminals are now using social engineering techniques developed to crack passwords to break through multi-factor authentication (MFA) defenses, such as sending a code to another device, such as the user’s smartphone. According to the UK’s National Cyber Security Centre (NCSC) report, Not all types of MFA are created equal...: “Attackers have realized that many of the same social engineering techniques that tricked us into handing over passwords can also be updated to overcome some methods of MFA. We’ve seen the success of attacks against MFA-protected accounts increasing over the past couple of years.”
Insider attacks rise by over 50 percent
Insider attacks, where staff either deliberately or accidently compromise an organization’s security, are rising steeply. According to Cybersecurity firm, Gurucul, almost half of organizations, 48 percent, report that insider attacks have become increasingly common over the last 12 months. Just over half, 51 percent, experienced six or more such attacks in the past year. Gurucul’s 2024 Insider Threat report identifies the major causes for the sudden spike in insider attacks: “The top three drivers behind the surge in insider attacks are complex IT environments (39 percent), the adoption of new technologies (37 percent), and inadequate security measures (33 percent).”
London’s transport cyber-breach is spreading fast
A cyber-attack on the London transport system earlier this month was far more serious than initially reported and is rapidly spreading across the UK. It is also now ringing loud alarm bells on both sides of the Atlantic, particularly in light of the upcoming US elections in November. Transport for London (TfL) has now admitted that over 5,000 customers’ personal details and, in many cases, their financial details have been stolen. TfL added that the breach is also rapidly starting to affect services outside London. The London Underground, the UK capital’s vast underground rail network, like most European metros, has a touchpad automatic electronic payment system using prepaid plastic cards. London also allows travelers simply to use their visa or MasterCard on the touchpads at the London underground barriers. This means that organizations such as TfL have become repositories of millions of commuters’ financial details, making them a tempting target for small-time cyber crooks.
The EU bares its teeth – again
The EU has bared its cyber teeth for the second time in a week. Hard on the heels of the arrest of Telegram founder and owner, Pavel Kurov, Uber has been slapped with a $290 million fine for allegedly violating the European Union (EU)’s General Data Protection Regulation (GDPR) by failing to protect personal data of European taxi drivers held on servers located in the US. The Dutch Data Protection Authority (DPA) enforced the regulation by imposing a fine on Uber, which transmitted European drivers’ personal data to the US, including drivers’ account details, taxi licenses, location data, photos, payment details, identity documents and, in some cases, even criminal records and medical data.
Banks swamped by fake account scams
In an exclusive interview with Cyber Intelligence, Andy Sheldon, North American VP of US-based ID fraud specialist Deduce reveals how banks are now struggling to combat armies of fake account holders currently being generated by artificial intelligence (AI).
EU AI Act to act as a template for other regions
The European Union (EU) Artificial Intelligence (AI) Act, which came into effect earlier this month, is now set to act as a template for other regions, such as the US. The American government has already drafted an AI Bill of Rights, which aims to create a similar framework regulating AI. However, while governments are rightly concerned about the personal privacy aspect of the universal adoption of AI, some have a dangerously bullish view of the new technology’s potential. Despite a deluge of hilarious howlers, such as Google’s AI-driven images of African Vikings and American founding fathers, politicians anxious not to be left behind in the tech race swallowed Silicon Valley’s AI hype hook, line, and sinker.
Levi’s breach exposes 72k customer details
Over 72,000 US consumers may have had their account details compromised following a cyber-attack on denim clothing giant Levi Strauss & Co. Almost two weeks ago, on June 13, Levi’s spotted an unusual spike in activity on its consumer-facing website and immediately realized its users were under threat. “Our investigation showed characteristics associated with a “credential stuffing” attack where bad actor(s) who have obtained compromised account credentials from another source (such as a third-party data breach) then use a bot attack to test these credentials against another website – in this case www.levis.com,” said Levi’s in a published notice detailing the data breach.
Healthcare attack exposes 200,000 Los Angeles patient records
The Los Angeles County Department of Public Health has been breached by a cyber-attack that has compromised the personal information of over 200,000 private individuals. This is the latest breach in a series of major cyber-attacks on the healthcare sector. As with so many breaches, the Los Angeles County breach was the result of a phishing attack aimed at unsuspecting staff. The attack enabled a hacker to gain the log-in credentials of 53 public health employees and subsequently compromised the personal information of 200,000 patients. According to the LA County Department of Public Health: “The information identified in the potentially compromised e-mail accounts may have included DPH clients/employees/other individuals’ first and last name, date of birth, diagnosis, prescription, medical record number/patient ID, Medicare/Med-Cal number, health insurance information, Social Security Number, and other financial information.”
Musk deems “Apple Intelligence” offering insecure
Bereft of fresh ideas or new products, Apple’s main offering at its long-awaited annual Worldwide Developer's Conference in Cupertino, California, is a cobbled-together artificial intelligence (AI) offering. While AI may be Silicon Valley’s latest buzzword and marketing tool, “Apple Intelligence,” as Apple AI is branded, is already attracting heavy criticism – even from other tech giants. By pairing Microsoft-backed OpenAI’s ChatGPT with Apple’s voice-activated assistant, Siri, Apple hopes to make AI mainstream. But its critics say that all Apple has done is create a cybersecurity nightmare for corporations while sounding a death knell for the personal privacy of Apple users. "It's patently absurd that Apple isn't smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!... Apple has no clue what's actually going on once they hand your data over to OpenAI. They're selling you down the river,” says Elon Musk, Tesla and SpaceX founder and the owner of X Corp, formerly Twitter.
34% of Organizations Lack Cloud Cybersecurity Skills – May 29th
According to a Cado Security report, 34% of organizations lack cloud cybersecurity skills. The report also discloses that 23% of cloud alerts remain uninvestigated due to various challenges and complexities.
‘Shadow AI’ is putting companies at risk
The increasing use of artificial intelligence (AI) tools by staff ahead of IT departments involvement has resulted in the growing problem of ‘shadow AI’. “Similar to the early days of cloud adoption, workers are using AI tools before IT departments formally buy them. The result is “shadow AI,” employee usage of AI tools through personal accounts that are not sanctioned by - or even known to - the company,” says Silicon Valley-based data protection company Cyberhaven’s report: How Employees are Leading the Charge in AI Adoption and Putting Company Data at Risk.
Google to Remove Billions of Personal Data to Settle Privacy Case – April 2nd
Google agreed to remove billions of personal records amid the previously announced lawsuit, accusing the tech giant of illegal surveillance. The personal records belong to approximately 136 million Google Chrome users. To add to the settlement, Google will add more disclosures of the terms for their 'incognito mode' feature.