21 Jul Security Breach – 21 July 2023
Cybercrime is a continuous menace to businesses in 2023, and the pace of attacks seems to be constantly accelerating. With many organisations fighting to keep their heads above water in today’s challenging economy, no business can afford a costly and damaging cyberattack.
Navigating the turbulent cybersecurity landscape has been an especially difficult proposition for businesses in the first half of this year. A rise in the frequency and number of phishing, ransomware, business email compromise (BEC) and other devastating cyberattacks have battered businesses globally.
Recent Breaches
New Zealand – Mahony Horner Lawyers-Law Firm
Exploit: Hacking
Risk to Business: Severe: Wellington-based law firm Mahony Horner Lawyers is informing clients that their personal data may have been stolen in a recent cyberattack. In a letter explaining the incident to its clients, the firm said that it is taking time for them to determine exactly what data was snatched, but they do know so far that copies of clients’ driver’s licenses or passports that were collected in the last three years were exposed. Mahony Horner said that it has engaged a third-party firm to help investigate the incident.
Singapore – Razer-Gaming Hardware Company
Exploit: Hacking
Risk to Business: Extreme: Razer, a well-known provider of hardware like mice for electronic gaming, is embroiled in a data breach investigation after hackers claim to have obtained critical information about its virtual gaming credits marketplace Razer Gold. Hackers have claimed to have stolen information that impacts Razer Gold like source code, databases and encryption keys as well as backend access logins for Razer.com, the company’s main website. Razer said that it has taken steps to secure its platforms after it was alerted to the threat on Sunday. The hacker, going by the moniker “Nationalist,” is asking for $100,000 in Monero. The incident remains under investigation.
Talk to a TCT team member today about implementing cyber security and phishing training plan for your employees.
Robert Brown
21/7/2023
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