MoneyGram replaces CEO weeks after massive customer data breach

Money transfer giant MoneyGram has replaced its chief executive less than a month after confirming that hackers stole reams of customers’ personal information and transaction records in a data breach. In a statement Monday, MoneyGram said it appointed Anthony Soohoo Read More …

Telegram messaging app CEO Pavel Durov arrested in France

Pavel Durov, the founder and CEO of the Telegram messaging app, has been arrested at Bourget airport outside Paris for alleged offences related to his messaging app, French media reports. Local sources said on Sunday that Durov, 39, had been Read More …

Missing tycoon’s co-defendant fatally struck by car

The co-defendant of British tech tycoon Mike Lynch – who is currently missing in Italy – has died after being hit by a car. Stephen Chamberlain, 52, was Mr Lynch’s co-defendant in his US fraud trial in which both men Read More …

Community Alert: Ongoing Malicious Campaign Impacting Azure Cloud Environments

Over the past weeks, Proofpoint researchers have been monitoring an ongoing cloud account takeover campaign impacting dozens of Microsoft Azure environments and compromising hundreds of user accounts, including senior executives. This post serves as a community warning regarding the attack Read More …

SolarWinds and its CISO accused of misleading investors before major cyberattack

The Securities and Exchange Commission (SEC) has announced charges against software company SolarWinds Corporation and its chief information security officer (CISO), Timothy G. Brown, for “fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities.” In 2020, Read More …

A hacker is selling access to the email accounts of hundreds of C-level executives

A threat actor is currently selling passwords for the email accounts of hundreds of C-level executives at companies across the world. The data is being sold on a closed-access underground forum for Russian-speaking hackers named Exploit.in, ZDNet has learned this Read More …

CEOs Will Be Personally Liable for Cyber-Physical Security Incidents by 2024

Digital attack attempts in industrial environments are on the rise. In February 2020, IBM X-Force reported that it had observed a 2,000% increase in the attempts by threat actors to target Industrial Control Systems (ICS) and Operational Technology (OT) assets Read More …

The Behavioral Economics of Why Executives Underinvest in Cybersecurity

Determining the ROI for any cybersecurity investment, from staff training to AI-enabled authentication managers, can best be described as an enigma shrouded in mystery. The digital threat landscape changes constantly, and it’s very difficult to know the probability of any Read More …