Search Results: CyberSecurity

Cybercriminals are increasingly recruiting insiders within financial institutions, telecom providers, and technology firms to bypass security defenses. Darknet advertisements offer payouts up to $15,000 for network access or sensitive data, creating a complex threat landscape. This shift demands enhanced monitoring and proactive defense strategies beyond traditional cybersecurity measures.

Security teams often accept buzzwords, over‑complex tooling, and blanket fixes as progress. This article deconstructs five such trends—AI‑labeling, lightweight yet bloated tools, MFA as a cure‑all, alarm fatigue, and blind blocking—exploring why they persist and how they undermine real protection.

AT&T has extended the deadline for its $177 million data breach settlement, allowing affected customers to claim compensation for the 2019 and 2024 security incidents. Eligible individuals can receive up to $5,000 for the first breach and $2,500 for the Snowflake hack, totaling $7,500 for those affected by both incidents.

In a bold stand against cyber extortion, UK fintech giant Checkout.com has refused to pay the ShinyHunters hacking group following a breach in a legacy cloud storage system. Instead of capitulating, the company plans to donate the ransom amount to leading cybersecurity research initiatives. This decision underscores a growing trend in corporate resilience against ransomware, with significant implications for payment processors and their global merchant networks.