Dallas Mavericks Owner and Crypto Guru lost $1M to Scam Dallas Mavericks owner Mark Cuban, who fancies himself a crypto guru just got a crypto wallet drained of about a million bucks. He says that he may have downloaded a fake version of a crypto wallet app. Oh, well, so now instead of being a […]
Continue reading → [DISPLAY_ACURAX_ICONS]Coalition Insurance, which is pretty aggressive in refusing to insure customers unless they have better than average security practices released their mid-year update on claims. Here is the summary: Overall claims frequency increased by 12% in the first half of 2023, however, Coalition customers experienced 64% fewer claims compared to the broader market, with 52% […]
Continue reading → [DISPLAY_ACURAX_ICONS]The help desk was operated by a third party. The hackers conned the help desk, it is reported, to reset all of the two factor methods that were set up to protect a super-admin account. They likely did this after they phished an employee for his/her userid and password. They used deceptive phone calls to […]
Continue reading → [DISPLAY_ACURAX_ICONS]Ex-NSA Director General Alexander’s Security Company (IronNet) Near Bankruptcy It just goes to show that just because you are famous and people invest $78 million in you, doesn’t mean you know how to run a business. How, exactly, do you blow almost $80 million and realize you are over the edge of the cliff before […]
Continue reading → [DISPLAY_ACURAX_ICONS]Caesars Entertainment, which calls itself the U.S.’s largest casino chain, sort of says it paid a ransom to avoid the online leak of customer data stolen in a recent cyberattack. The attack compromised the chain’s loyalty database, which, according to them, includes driver’s license numbers and social security numbers of many customers. Caesar’s 8-K filed […]
Continue reading → [DISPLAY_ACURAX_ICONS]73 percent of survey respondents (659 board members from companies with over 5,000 employees) fear a material cyberattack on their organization this year, up from 65 percent last year. 59 percent said that generative AI presents a high risk to their organizations because it can be used by hackers to create and deliver malware with […]
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