Tag

Data Breaches

All articles tagged with #data breaches

Top Password Blunders and Risks in 2025
technology3 months ago

Top Password Blunders and Risks in 2025

The article highlights various high-profile security failures caused by weak passwords, including a Louvre CCTV breach, a US pipeline ransomware attack, nuclear launch code vulnerabilities, a UK business collapse due to hacking, and scandals involving phone hacking and political data breaches, emphasizing the importance of strong, unique passwords and layered security measures.

AT&T Data Breach Settlement: Who Qualifies and How to Claim
business8 months ago

AT&T Data Breach Settlement: Who Qualifies and How to Claim

AT&T has agreed to pay $177 million to customers affected by two data breaches in 2019 and 2024, with higher payouts for those who can prove damages. The settlement, approved by a Texas judge, will distribute funds starting early next year, with claims opening on August 4. Customers impacted may receive up to $5,000 for the 2019 breach and $2,500 for the 2024 breach, depending on proof of damages.

AI Amplifies Cybersecurity Threats Amid Rising Privacy Concerns
technology1 year ago

AI Amplifies Cybersecurity Threats Amid Rising Privacy Concerns

Hackers are leveraging artificial intelligence to exploit vast amounts of personal data from online leaks and unregulated databases, posing significant privacy threats to consumers and professionals. These cybercriminals, including those from hostile nations, use sensitive information to craft convincing scams that appear to be from trusted sources, aiming to gain unauthorized access to bank and corporate accounts.

Passkeys Gain Momentum as Passwords Become Obsolete
technology1 year ago

Passkeys Gain Momentum as Passwords Become Obsolete

As passwords become increasingly insecure due to common usage of simple combinations like "123456" and "password," tech companies like Mastercard and Microsoft are shifting towards biometric and passkey methods for authentication. However, these new methods are not foolproof, as hackers continue to find ways to exploit security systems. Businesses must remain vigilant by training employees, updating security software, and managing risks, as the battle between security measures and cyber threats is ongoing.

Avoid These Easily Hacked Passwords in 2024
technology1 year ago

Avoid These Easily Hacked Passwords in 2024

NordPass has released its annual list of the most common and easily crackable passwords, revealing that many people still use simple combinations like "123456" and "password," which can be cracked in less than a second. The study analyzed a 2.5-terabyte database of passwords from 44 countries, highlighting the risks of using predictable passwords. To enhance security, NordPass recommends using passwords that are at least 20 characters long with a mix of letters, numbers, and symbols, and suggests considering passkeys for more secure authentication.

Top Passwords to Avoid in 2024 for Better Security
technology1 year ago

Top Passwords to Avoid in 2024 for Better Security

NordPass has released its annual list of the 200 most common passwords, revealing that many people still use easily crackable passwords like '123456' and 'password.' The study analyzed a 2.5 terabyte database of passwords from 44 countries, highlighting the risks of using simple, common passwords. To enhance security, NordPass recommends using passwords that are at least 20 characters long, incorporating a mix of letters, numbers, and symbols, and considering passkeys for more secure authentication.

"2023 Data Breach Surge: Protecting Yourself in the Digital Age"
cybersecurity2 years ago

"2023 Data Breach Surge: Protecting Yourself in the Digital Age"

The Identity Theft Resource Center reported a record 3,205 data compromises in 2023, with over 353 million victims of ID theft, while the number of breach notices without specific information nearly doubled. With a lack of federal law requiring companies to notify customers of breaches, consumers are advised to freeze their credit, use strong passwords, enable two-factor authentication, watch for phishing attempts, and follow breach notice advice to protect themselves.

"Rising Fraud Threat: Securing Your Payment Apps Against Vulnerabilities"
financetech2 years ago

"Rising Fraud Threat: Securing Your Payment Apps Against Vulnerabilities"

Payment fraud incidents have surged, leading to consumer skepticism towards payment apps aggregating and connecting payment information. Concerns about data breaches and vulnerability to fraud are widespread, with 45% of consumers fearing data breaches and 34% feeling more vulnerable to fraud. Financial institutions are witnessing an increase in fraud cases and losses, prompting them to enhance preventive measures using artificial intelligence and machine learning. The adoption of AI solutions has led to a decline in overall fraud rates, highlighting the effectiveness of this technology in preventing fraud.

BlackBerry's Resilient Cybersecurity Demand Drives Surprise Quarterly Profit
business2 years ago

BlackBerry's Resilient Cybersecurity Demand Drives Surprise Quarterly Profit

BlackBerry, the Canadian technology company, has reported a surprise quarterly profit driven by strong demand for its cybersecurity services amid increasing online threats. While overall IT spending has decreased, cybersecurity-related expenditure has remained stable as businesses and governments prioritize strengthening their systems against hackers. BlackBerry plans to separate its IoT and Cybersecurity businesses into fully standalone divisions and simplify its corporate structure to allow each business unit to operate independently and profitably. The company expects fourth-quarter revenue in the range of $150 million to $159 million.

BlackBerry's Resilient Cybersecurity Demand Drives Surprise Quarterly Profit
technology2 years ago

BlackBerry's Resilient Cybersecurity Demand Drives Surprise Quarterly Profit

BlackBerry, the Canadian technology company, has reported a surprise quarterly profit driven by strong demand for its cybersecurity services amid increasing online threats. While overall IT spending has decreased, cybersecurity-related expenditure has remained stable as businesses and governments prioritize strengthening their systems against hackers. BlackBerry plans to separate its IoT and Cybersecurity businesses into fully standalone divisions and simplify its corporate structure to operate independently and profitably. The company expects fourth-quarter revenue in the range of $150 million to $159 million.

SEC's New Data Breach Disclosure Rules: What You Need to Know in 2024
technology2 years ago

SEC's New Data Breach Disclosure Rules: What You Need to Know in 2024

A new rule from the Securities and Exchange Commission (SEC) requires public companies to report data breaches within four business days of determining them to be "material." Currently, companies take around 80 days to report incidents, but the new rule aims to expedite the process and provide more transparency. The ambiguity of what constitutes a "material" cybersecurity incident poses a challenge, as determining severity may require internal review. The rule also mandates that companies provide more details about the nature, scope, and timing of incidents. The goal is to increase awareness and prompt quicker responses to data breaches, which have become increasingly common and impactful.