News (672)

European Regulator Warns of Russian Cyber Threat Against Banks  

The European Central Bank has been bracing financial institutions for potential Russian cyberattacks following the massing of the Kremlin’s troops at Ukraine’s border, according to two people familiar with the matter. So reports Reuters.


Fortune 500 Vendor Admits Breach Affecting 500,000  

Morley Companies, a service provider to dozens of Fortune 500 organizations, has revealed that the sensitive information of more than 500,00 people was exposed following a ransomware attack last year. So reports ZDNet.


News Corp. Suspects China Hacked Journalists' Email

News Corp. journalists have suffered an email account hack that the Rupert Murdoch-controlled company attributes to spying efforts by China. So reports The Guardian.


Microsoft Eyes Deal to Acquire Mandiant  

Microsoft has been in discussions to acquire cybersecurity firm Mandiant, according to people with knowledge of the talks. So reports Bloomberg.


Zero Trust Has Lost Its Meaning: Zscaler CEO

Zscaler CEO Jay Chaudhry has said in an interview that as the zero trust concept spreads, network security vendors are misusing the term. So reports VentureBeat.


Textbook Biz Buys Cybersecurity Training Firm for $191M

Cengage Group, a Boston-based textbook publisher, has agreed to buy Infosec, a Wisconsin-based cybersecurity training provider, in a $191 million deal. So reports The Boston Globe.


DeFi Platform Qubit Suffers $80M Hack, Pleads for its Return  

Qubit Finance, a decentralized finance platform enabling speculation on cryptocurrency price variations, has been asking hackers to give back $80 million in stolen binance coins. So reports TheStreet.


Cyber Woes Worsen for Pandemic-battered U.S. Schools  

America’s schools have been increasingly hobbled by cyberattacks, including several prominent cases since last year. So reports the Associated Press.


Excellus Health Plan Agrees to Cyber Overhaul in Breach Settlement  

Excellus Health Plan has inked a proposed settlement in litigation stemming from a 2015 data breach affecting 10.5 million people. So reports SC Magazine.


Volkswagen Senior Staffer Axed After Flagging Cybersecurity Worries  

Volkswagen fired a senior employee weeks after the staff member voiced concerns about cybersecurity in the company’s Volkswagen Payments SA unit. So reports The Financial Times.


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