Cyber Security Byte: Saturday, June 1, 2024: Twilio

100 Malware Servers Seized & A Ransomware Attack At Christie's 💍

June 01, 2024 • Estimated Reading Time: 5 minutes

Happy Saturday everybody! ☀️ Join us this morning as we welcome our newest Affiliate Partner, Twilio! Twilio Segment helps every team access good data. Data that's real-time, clean, and accurate. The result? Relevant customer experiences that drive real revenue.

Our featured article analyzes Verizon’s 2024 Data Breach Investigations Report; a comprehensive review of data breach statistics from the past year, with breakdowns by attack method, industry, and region 🌎.

Other key stories include:

  • The troubling backlog of unanalyzed vulnerabilities piling up at the NVD.

  • How Christie’s auction house was hacked, yet made $650 million in the same week 💎.

  • The global effort to shut down 🚔 over 100 malware servers with Operation Endgame.

  • Okta’s warning to its users regarding the recent surge in credential stuffing attacks.

With so much happening this week, we’ve got you covered! Get yourself all caught up with this week’s Cyber Security Byte! 🚀

FEATURED

Verizon’s New Report Reveals Today’s Cyber Threats and Effective Defenses

Verizon’s 2024 Data Breach Investigations Report (DBIR), released earlier this month and now in its 17th edition, delves into today’s intricate world of cybersecurity, unveiling the dynamics of modern threats and defenses. Covering data from November 1, 2022, to October 31, 2023, this comprehensive report illuminates how cyber incidents unfold to reveal who is behind the attacks, the methods they use, which assets they target, and the impact on organizations.

Verizon’s research team has uncovered the latest trends in social engineering, ransomware, and system intrusions, providing detailed industry-specific and regional analyses. Their findings reveal emerging threats, sophisticated attack strategies, and proactive measures that can help to significantly strengthen your organization’s defenses in an increasingly hostile cyber environment.

By Ryan Uliss, Contributing Writer ● Read More…

CYBER BYTES

The National Vulnerability Database (NVD), a vital resource for the cybersecurity industry, is experiencing a significant backlog in processing new vulnerabilities due to recent funding cuts.

Christie’s, the renowned high-end auction house with over 250 years of history, has confirmed that they were victims of a significant security incident.

In a sweeping international effort, Europol announced the successful shutdown of over 100 servers associated with major malware loader operations.

The U.S. House Committee on Homeland Security has scheduled a hearing and has invited Microsoft’s Vice Chair and President, Brad Smith, to testify on May 22.

TRENDING

Chained to an Unlimited Supply of Risk

The SolarWinds incident catapulted the concept of supply chain attacks into the spotlight of business risk management. However, it was merely the opening act for a series of events that would follow.

In today’s interconnected world, our reliance on third-party vendors is inevitable. While this dependency is essential, it also comes with risks that need to be diligently managed. Consider this: Why would a hacker spend time exploiting individual vulnerabilities across multiple companies when they could focus on a single product used by hundreds?

By Erik Boemanns, Contributing CISO ● Read More…

RESOURCE HUB

Twilio Segment | Access data that's real-time, clean, and accurate.

Segment helps 25,000+ companies turn customer data into tailored experiences. With customer profiles that update real-time, and best in class privacy features - Segment's Customer Data Platform allows you to make good data available to every team.

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