General Electric (GE), a global Fortune 500 company, has acknowledged a data breach affecting present and former employees and their beneficiaries. Between February 3-14, 2020, an unauthorized user gained access to the email account of Canon Business Process Services, which GE contracts with to process employee documents.
Led by Noam Rotem and Ran Locar, vpnMentor’s research team recently discovered a breached database belonging to American software company RigUp, containing more than 70,000 private files belonging to its US energy sector clients. Read more to learn about this data breach and the cybersecurity implications.
Fraudsters will take advantage of any opportunity to steal your money, personal information, or both. Right now, they are using the uncertainty surrounding the COVID-19 pandemic to further their efforts, warns the FBI.
BlackBerry researchers have released a new report that examines how five related APT groups operating in the interest of the Chinese government have systematically targeted Linux servers, Windows systems and Android mobile devices while remaining undetected for nearly a decade.
Here is a list of free resources, guides, frameworks, services and products to help enterprise security to navigate the coronavirus pandemic. If your organization is offering resources and products at no cost, please email henriquezm@bnpmedia.com to be included.
In spite of this cyber war and in an effort to be first to market, many companies still rush their products out while ignoring proper security integration during development which can lead to disastrous side effects for businesses. Costing them valuable data, reputation, money and time to amend their product weaknesses. Companies can spend a great deal of time and money developing security patches, repeatedly rolling back and implementing updates, and buying other technologies to secure their own offering. This cycle can potentially continue for years releasing cures to the latest aliments while fearing the next hit.
Looking back at cybercrime incidents of the past 10 years, only the questions of "if" and "when" remain. "If" a business has no active cybersecurity policy and processes even just hundreds of rich customer records, "when" becomes soon enough. For the past 10 years, at least eight large-scale data breaches per year have trembled economies. You’d imagine that as business owners, we would have learned the immense value of the digital data we hold. The Ponemon Institute says that just in the US, the average size of a data breach is 25,575 records with a cost of $150 per record on average. That could be the money you would have paid in damages, as a government fine, and potentially in customer lawsuits.
vpnMentor’s research team recently discovered a breached database, containing more than 135 million records. The database, claims vpnMentor, belongs to Cloud backup provider SOS Online Backup.