News

News (926)

TSMC Brushes Off $70M Ransom Demand, Faults Supplier

Hit by a $70 million ransom demand from the Russian-speaking cybercrime group known as LockBit, TSMC has acknowledged that hackers stole data from one of its suppliers but maintained that the breach neither affected operations nor compromised its customers’ information. So reports CNN.

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California Retirement Breach Spurs Class-Action Lawsuit  

A major data breach of the California Public Employees’ Retirement System, or CalPERS, has prompted a lawsuit that seeks class-action status. So reports The Sacramento Bee.

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Cybersecurity Leaders Find Favor in Boardrooms  

As robust cybersecurity becomes more and more critical in corporate America, boards of directors are increasingly appointing chief information security officers to join their ranks. So reports CNBC.

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Appeals Court Keeps Door Wide for Data Breach Class Actions

A panel of the First Circuit Court of Appeals has reversed a trial court’s ruling in a decision that leaves the door open to class-action lawsuits based on possible future harm from a data breach. So reports Claims Journal.

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Microsoft Disputes Alleged Breach of 30 Million Accounts  

Not long after acknowledging that a hacker group known as Anonymous Sudan was behind June service disruptions, Microsoft has poured cold water on the organization’s claim of a massive data breach. So reports Bleeping Computer.

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$10M Bounty Offered for CLoP Ransomware Details  

The U.S. government announced that it is offering a bounty of as much as $10 million for details tying the CLoP ransomware gang to a foreign state sponsor. So reports Bleeping Computer.

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Cyber CEO See Generative AI as Key to Future of Security  

During earnings calls, CEOs from the biggest publicly traded cybersecurity firms have touted potentially transformative benefits to their companies from generative artificial intelligence. So reports Cybersecurity Dive.

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Top U.S. Cyber Official Warns of 'Aggressive' China Attacks  

Cybersecurity and Infrastructure Security Agency Director Jen Easterly has called out “aggressive cyber operations” by China as an “epoch-defining threat.” So reports CNBC.

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Hackers Claim February Reddit Breach, Threaten Leak  

The BlackCat ransomware gang has claimed that it stole a trove of data from Reddit during a confirmed February cybersecurity incident—and has threatened to publish the data unless Reddit pays a ransom. So reports TechCrunch.

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Oreo-Maker Mondelez Reveals Employee Data Breach

Mondelez has disclosed a data breach that the maker of Oreo and other snack foods says affects more than 50,000 current and former employees. So reports The Record.

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