As Disney reckons with its internal Slack channels being stolen and AT&T grapples with a massive breach, security experts are concerned that the industrywide rush to streaming and use of third-party services increases risk.
Data may be the new oil, but too much of a good thing can make a valuable resource an expensive risk.
Find out what our CEO and Founder, Dr. Chris Pierson, has to say about this topic here.
Peter Levine, Evercore ISI enterprise software analyst, and BlackCloak CEO Chris Pierson join ‘Power Lunch’ to discuss CrowdStrike’s global tech outage, what this event means for the global business, and more.
Google parent Alphabet’s reported $23 billion bid for cybersecurity cloud software firm Wiz would be company’s largest ever acquisition, and could shake up things for the mergers and acquisitions landscape, which saw a sluggish tech market in 2023.
But a deal could spark could also spark fresh protests that saw workers fired over the company’s contracts with the Israeli government amid the Gaza War. Wiz was founded in Israel and now has headquarters in New York — most of its engineering workforce still works out of Tel Aviv. With a global headcount of about 900 (150 working in Israel), Wiz said it plans to add another 400 people to its headcount, according to a February report from The Times of Israel.
Read the full article, and Dr. Chris Pierson’s thoughts, here.
A cyber attack on telecommunications giant AT&T obtained data on “nearly all” of its more than 100m cellphone subscribers.
“We have taken steps to close off the illegal access point,” the company said in a statement on Friday. “We are working with law enforcement in its efforts to arrest those involved in the incident. We understand that at least one person has been apprehended.”
The breach compromised files containing records of calls and texts, mostly between May and October of 2022, identifying telephone numbers customers interacted with, without capturing the content of those interactions or sensitive identification information like Social Security numbers or passwords, according to the company.
Read the full article, and CEO & Founder, Chris Pierson’s thoughts, here.
Every day, it seems there’s another breach – unauthorized access and vulnerability to your personal or financial information. The latest: AT&T’s data breach, which exposed nearly all of its cellular customers’ call and text message records. It seems many of us have even become a bit numb to hearing about them, barely even opening the routine emails and letters that come offering a year of free identity protection. But don’t tune it out.
Dr. Chris Pierson, chief executive of the cybersecurity company BlackCloak, said the incident appears to pose more of a national security concern than a risk to individual consumers. Through data broker records, phone numbers can be traced back to individuals, which could expose communication networks for people in national security roles.
“The most likely beneficiary of this specific data are foreign nation states or foreign actors,” Dr. Pierson said.
There were $1B in ransomware payouts in 2023 and that will be exceeded in 2024, notes Gordon Lawson. He and Dr. Chris Pierson discuss cybersecurity and the rise in ransomware attacks. Pierson highlights that ransomware attacks are becoming aggressive as hackers look for bigger paydays. Find out why the auto industry is an attractive target for cybercriminals and how companies are raising its defense against cybercriminals.
How could taking a Scattered Spider leader out of the game mean for the future of the group?
Scattered Spider has made a name for itself in the ransomware space with high-profile attacks on companies including MGM Resorts, Caesars Entertainment, Twilio, LastPass, DoorDash, and Mailchimp. In June, Spanish police arrested a 22-year-old man suspected of being a leader of the group, Murcia Today reports.
This arrest is one of many law enforcement actions taken against hacking and ransomware groups in recent months. What could this latest actions mean for the future of Scattered Spider?
Find out what Dr. Chris Pierson, our CEO and Founder, has to say here: https://www.informationweek.com/cyber-resilience/suspected-scattered-spider-leader-snagged-in-law-enforcement-s-web
SEC cyber-breach reporting requirements further elevate the risk that company leaders present to corporations.
Among the most vulnerable and consequential cyberattack targets are corporate executives and board members. The implications of a personal cybersecurity breach for these individuals are profound, potentially leading to material breaches that necessitate reporting to the Securities and Exchange Commission (SEC).
