Canadian digital forensics specialist taken private, to merge with US partner
With public share values of North American tech companies dropping and management laying off staff, a Canadian maker of digital investigation solutions for police has found a savior: Being bought by a private equity firm. Magnet Forensics of Waterloo, Ont. said this afternoon it has struck a deal to be bought by American-based Thoma Bravo
Cyber Security Today, Week in Review for Friday, January 20, 2023
This episode features a discussion on hacks at Mailchimp and CircleCI, a Nissan stolen databas
Compromised API led to data theft of 37 million T-Mobile customers
Attacker siphoned data over two months, U.S. wireless carr
PayPal notifies customers of breach
PayPal is notifying nearly 35,000 users that their accounts had been compromised between December 6 and 8. Although PayPal was not compromised, threat actors used credential stuffing to exploit previously leaked login information that people reused for their PayPal accounts. According to PayPal, the credential stuffing attack took place between December 6 and December 8, […]
Cyber Security Today, Jan. 20, 2023 – Ransomware payments plunged in 2022, malware hidden in blank images and more
This episode reports on ransomware payments, another privacy fine for a Meta company and attackers disrupting a virtual Le
FAA blames contract employee for deleting file that led to flights delay
The Federal Aviation Administration (FAA) stated that the worker “unintentionally deleted files” from the Notam database. According to a statement from the agency, the shutdown occurred while the contractors worked to “correct synchronization between the live primary database and a backup database.” So far, investigators have discovered no evidence of malicious intent or a cyberattack. […]
Capital One announces plans to lay off 1,100
Capital One, a financial services company recently announced plans to eliminate 1,100 technology positions as part of a larger cost-cutting and operational-simplification effort. The company has not provided specifics on how these job cuts will be implemented or which departments will be affected. It’s also unclear whether this is a layoff or attrition. However, the […]
New FTX CEO plans to revive bankrupt FTX
The bankrupt cryptocurrency exchange FTX is considering resuming operations, according to Chief Executive Officer John Ray. Mr. Ray stated in his first interview since taking over FTX in November that he has formed a task force to investigate restarting FTX.com, the company’s main international exchange. Despite the fact that top FTX executives have been accused […]
Netflix co-founder Reed Hastings steps down as CEO
Reed Hastings, co-founder and CEO of Netflix, announced his retirement after more than two decades with the company. In a blog post published by the company, Hastings stated that he will now serve as executive chairman, while Greg Peters will transition from COO to co-CEO with Ted Sanders. Netflix is led by two CEOs. As […]
Chainalysis says ransomware payments reduced by 40% in 2022
According to a new report by blockchain forensics firm Chainalysis, ransomware payments are down 40.58% as more victims refuse to pay ransoms. According to the report, ransomware attackers extorted at least $456.8 million in 2022, up from $765.6 million the previous year. The report also admitted that “the true totals are much higher” due to […]
