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Cisco Suffers Attack, Data Stolen

ISS Source: 08/11/22 “Compromised credentials and phishing – these continue to be the favored methods attackers use to breach corporate networks, and it’s not surprising that Cisco was breached in this manner,” said Naveen Sunkavalley, chief architect at security provider Horizon3.ai. “It can happen to any company.” Read the entire article here
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BlackCat Ransomware Hits European Gas Pipeline

Information Security Buzz: 08/2/22 With such a breach, there is a lot on people’s minds, but so far there is little for them to do except change their passwords. Whether this will be effective enough to protect people from further damage is currently up for debate, but overall, organizations need to learn that if one part of their infrastructure is...
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IBM Annual Cost of Data Breach Report 2022: Record Costs Usually Passed On to Consumers, “Long Breach” Expenses Make Up Half of Total Damage

CPO Magazine: 08/1/22 Brad Hong, customer success manager for cybersecurity company Horizon3ai, sees a potential consumer backlash on the horizon once public awareness of this practice grows: “It’s already a breach of confidence to lose the confidential data of customers, and sure there’s bound to be an organization across those surveyed who genuinely did put in the effort to protect...
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