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Security News Bites for June 27, 2025

Cost of Recent UK Retail Cyberattacks is $350 to $600 Million Britain’s Cyber Monitoring Centre (CMC) estimates the total cost of the cyberattacks that crippled major UK retail organizations recently could be in the region of £270-440 million ($362-$591 million). Marks & Spencer, the Co-op, and Harrods were all targets.  That is a lot of money for […]

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CISA Says SaaS Providers Under Attack

CISA is warning businesses that SaaS providers are under attack as a way to steal their customers’ credentials. If you think about this, it makes sense. This came after Commvault, a cloud-based backup solution, was compromised using a zero-day. What is interesting is how they planned to exploit the vulnerability. Commvault claims that no customer data in […]

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Qatar’s “Gift” is a Security Nightmare

While the administration has accepted Trump Force One, that doesn’t mean the president can actually use it. This stems from Boeing’s ridiculous delays in delivering two 747s that the government ordered years ago that now won’t be delivered until 2027 at the earliest. Here are a few of the things that have been revealed, that […]

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Coinbase Customer Info Stolen by Bribed Insiders

Insider threat is a major problem and getting worse all the time. Coinbase, the largest US-based cryptocurrency exchange, has disclosed a major data breach involving bribed overseas customer support agents who stole sensitive customer information. The attackers demanded a $20 million ransom, which Coinbase refused to pay. Instead, the company has offered a $20 million reward […]

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