In this edition of Security’s Top 5 from Security magazine, we showcase the top stories and new developments from across the security industry throughout October. This month, we discuss a data breach at a manufacturing and distribution business; how organized retail crime is affecting retailers; the Russia-Ukraine War, and more.

Henry Schein announces data breach

On October 15, Henry Schein announced that part of the company's manufacturing and distribution business suffered a data breach. In response, the company took certain systems offline while it worked to resolve the issue.

After the incident was discovered, the company began working with outside cybersecurity and forensic information technology experts to help investigate any data impact and respond to this situation. Henry Schein also notified relevant law enforcement authorities. No further information has been released about the incident.

Target set to close 9 stores: The effects of organized retail crime

Big box retailer Target announced plans to close nine locations in major cities across four states. The company cited an increase in organized retail crime (ORC) as a major contributing factor leading to an unsafe environment for employees and making business unsustainable.

Prior to making the decision to close, Target stated they invested heavily in strategies to prevent and stop theft and organized retail crime in stores, such as adding more security team members, using third-party guard services and implementing theft-deterrent tools across the business.

Matt Kelley, Head of Retail at LVT, said retail security can make or break the rest of the business.

“A store needs a safe, welcoming environment to drive customer traffic to the retail location and ultimately top-line sales. Specifically to physical security, maintaining a strong impression of control in the parking lot is paramount to the success of a physical security program,” Kelley said.

The Cybersecurity and Geopolitical Discussion — Connecting the Wars — Episode 17

In Episode 17 of the Cybersecurity & Geopolitical Discussion from Security magazine, hosts Cyjax CISO Ian Thornton-Trump and Sky News security expert Philip Ingram, MBE, of Grey Hare Media are joined by Red Goat Cyber Security's Lisa Forte to analyze current events in the Middle East as the conflict between Israel and Hamas unfolds.

The trio start with an update on the ongoing Russia-Ukraine war before analyzing events in the Middle East, from the proliferation of misinformation and disinformation to how cyberattacks have played a role in the Israel-Hamas conflict.

MGM Resorts cyberattack cost could exceed $100M

In a filing with the Securities and Exchange Commission, MGM Resorts reported that a recent cyberattack is expected to cost the company more than an estimated $100 million, including $10 million in one-time consulting clean up fees.

Anne Cutler, Cybersecurity Evangelist at Keeper Security, along with other security leaders, discussed the recent cyberattack and its after effects.

“While MGM may not be publicly disclosing the full extent of the impacts, the ramifications of any cyberattack of this size are inevitably far-reaching and long-lasting. No organization is too large to hack, but the ability to recover from a significant attack is certainly bolstered when the company has deep pockets. For many small to medium sized businesses, a ransomware attack can force them out of business entirely.”

FEMA releases results of wireless emergency alert test

The Federal Emergency Management Agency released the results of their national wireless emergency alerts and emergency alert system test. On October 4, the test message was sent nationwide via WEA to cellular phones and over EAS to radio and television stations.

According to FEMA, all the cell carriers that participate in WEA received the alert and the EAS test alert was successfully processed and made available to broadcasters.

The test is designed to evaluate the effectiveness of the FEMA public alert and warning systems to distribute an emergency message nationwide and the operational readiness of the infrastructure for distribution of a national message to the public.