Data breach

Potter Handy Law Firm Represents Nearly 5,000 Clients in 23andMe Data Breach Case

Retrieved on: 
Tuesday, April 30, 2024

Potter Handy LLP , a leading consumer privacy law firm, today announced that it is representing nearly 5,000 individuals in California and Illinois impacted by the massive data breach at genetic testing company 23andMe ( NASDAQ: ME ).

Key Points: 
  • Potter Handy LLP , a leading consumer privacy law firm, today announced that it is representing nearly 5,000 individuals in California and Illinois impacted by the massive data breach at genetic testing company 23andMe ( NASDAQ: ME ).
  • "The 23andMe data breach represents an egregious violation of consumer privacy rights," said Mark Potter, Managing Partner at Potter Handy.
  • "Our clients put their trust in 23andMe to safeguard their most personal data - their genetic blueprints and family histories.
  • "23andMe had a duty to protect their customers' sensitive genetic data with robust cybersecurity protocols, yet they failed at this critical obligation," said Jim Treglio, a Data Breach attorney at Potter Handy.

Cohesity Extends Collaboration to Strengthen Cyber Resilience with IBM Investment in Cohesity

Retrieved on: 
Thursday, April 11, 2024

Cohesity today announced a deepening of its cyber resilience collaboration with IBM.

Key Points: 
  • Cohesity today announced a deepening of its cyber resilience collaboration with IBM.
  • The enhanced relationship will accelerate the development of essential cyber resilience capabilities to address organizations' critical need for increased data security and resilience across hybrid cloud environments.
  • With this announcement, Cohesity completes its Series F financing, with IBM joining NVIDIA as a strategic investor.
  • To help clients tackle this issue head-on, IBM has delivered Cohesity capabilities into IBM’s end-to-end cyber resilience platform, IBM Storage Defender, strengthening customers’ ability to recover from data breaches and cyber-attacks.

Federman & Sherwood Investigates Bayer Heritage Federal Credit Union for Data Breach

Retrieved on: 
Tuesday, April 2, 2024

The law firm of Federman & Sherwood has initiated an investigation into Bayer Heritage Federal Credit Union with respect to their recent data breach.

Key Points: 
  • The law firm of Federman & Sherwood has initiated an investigation into Bayer Heritage Federal Credit Union with respect to their recent data breach.
  • On February 6, 2024, Bayer Heritage Federal Credit Union reported that it suffered a ransomware data breach.
  • Bayer Heritage Federal Credit Union learned that between October 31, 2024 and November 1, 2024, an unauthorized party accessed and copied certain information from its network.
  • Bayer Heritage Federal Credit Union did not disclose the exact information lost in the Data Breach, but did confirm that Social Security numbers were included.

IBM Debuts New, State-of-the-Art Washington DC Cyber Response Training Facility

Retrieved on: 
Wednesday, March 6, 2024

WASHINGTON, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced the official opening of the new IBM X-Force Cyber Range in Washington, DC. The range includes new custom training exercises specifically designed to help U.S. federal agencies, their suppliers and critical infrastructure organizations more effectively respond to persistent and disruptive cyberattacks, and threats posed by AI. The state-of-the-art facility is designed to help everyone from legal and mission-critical leaders, to the C-Suite and technical security leaders prepare for a real-world cyber incident.

Key Points: 
  • WASHINGTON, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) today announced the official opening of the new IBM X-Force Cyber Range in Washington, DC.
  • Building on nearly a decade of experience operating cyber response training facilities globally, IBM facilitators at the DC range guide participants through full-scale breach scenarios – ranging from AI code poisoning and destructive attacks to deepfake and zero-day attacks.
  • In addition to government agencies and critical infrastructure providers, businesses across all sectors can participate in cyber response training.
  • Learn more about the IBM X-Force Cyber Range in Washington, DC.

IBM Report: Identity Comes Under Attack, Straining Enterprises' Recovery Time from Breaches

Retrieved on: 
Wednesday, February 21, 2024

CAMBRIDGE, Mass., Feb. 21, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released the 2024 X-Force Threat Intelligence Index highlighting an emerging global identity crisis as cybercriminals double down on exploiting user identities to compromise enterprises worldwide. According to IBM X-Force, IBM Consulting's offensive and defensive security services arm, in 2023, cybercriminals saw more opportunities to "log in" versus hack into corporate networks through valid accounts – making this tactic a preferred weapon of choice for threat actors.

Key Points: 
  • Ransomware attacks on enterprises saw a nearly 12% drop last year, as larger organizations opt against paying and decrypting, in favor of rebuilding their infrastructure.
  • With this growing pushback likely to impact adversaries' revenue expectations from encryption-based extortion, groups that previously specialized in ransomware were observed pivoting to infostealers.
  • "Identity is being used against enterprises time and time again, a problem that will worsen as adversaries invest in AI to optimize the tactic."
  • Sign up for the 2024 IBM X-Force Threat Intelligence webinar on Thursday, March 7th at 11:00 am ET.

IBM Report: Identity Comes Under Attack, Straining Enterprises' Recovery Time from Breaches

Retrieved on: 
Wednesday, February 21, 2024

CAMBRIDGE, Mass., Feb. 21, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released the 2024 X-Force Threat Intelligence Index highlighting an emerging global identity crisis as cybercriminals double down on exploiting user identities to compromise enterprises worldwide. According to IBM X-Force, IBM Consulting's offensive and defensive security services arm, in 2023, cybercriminals saw more opportunities to "log in" versus hack into corporate networks through valid accounts – making this tactic a preferred weapon of choice for threat actors.

Key Points: 
  • Ransomware attacks on enterprises saw a nearly 12% drop last year, as larger organizations opt against paying and decrypting, in favor of rebuilding their infrastructure.
  • With this growing pushback likely to impact adversaries' revenue expectations from encryption-based extortion, groups that previously specialized in ransomware were observed pivoting to infostealers.
  • "Identity is being used against enterprises time and time again, a problem that will worsen as adversaries invest in AI to optimize the tactic."
  • Sign up for the 2024 IBM X-Force Threat Intelligence webinar on Thursday, March 7th at 11:00 am ET.

Cork Doubles Down on Providing Financial Protection to SMBs through the MSP Ecosystem

Retrieved on: 
Tuesday, January 23, 2024

“Cork is laser-focused on our commitment to fix the broken cyber insurance market, and we firmly believe that MSPs should be a part of the solution,” said Carlson Choi, CEO, Cork.

Key Points: 
  • “Cork is laser-focused on our commitment to fix the broken cyber insurance market, and we firmly believe that MSPs should be a part of the solution,” said Carlson Choi, CEO, Cork.
  • The growing risk and cost associated with a cyberattack means more and more financial protection solutions are being developed to protect businesses.
  • “Often, financial protection solutions don't integrate with the SMB’s existing technology stack, making it harder to apply for and onboard.
  • Providing SMBs with instant funding relief and fast claim payouts in days rather than months, as with traditional cyber insurance providers.

CCC Named Customer Service Department of the Year Winner by Best in Biz Awards 2023 International

Retrieved on: 
Thursday, January 25, 2024

CCC , a leader in advancing copyright, accelerating knowledge, and powering innovation, has been named a winner for the second year in a row for Customer Service Department of the Year by Best in Biz Awards 2023 International .

Key Points: 
  • CCC , a leader in advancing copyright, accelerating knowledge, and powering innovation, has been named a winner for the second year in a row for Customer Service Department of the Year by Best in Biz Awards 2023 International .
  • “Every member of our team has a customer-first mindset, and this is reflected in how we engage with colleagues, clients, and partners.”
    CCC was honored as a Gold Winner in the Customer Service Department of the Year category in the Best in Biz Awards 2022 International.
  • Most recently, CCC was named a Stevie Award Winner for Customer Service Department of the Year in the 2023 American Business Awards.
  • CCC’s Director of Client Engagement and Solutions Tom Ogier also won Customer Service Executive of the Year in the 2020 Best in Biz Awards.

SGNL.ai Secures Strategic Investment from M12, Microsoft's Venture Fund

Retrieved on: 
Wednesday, December 6, 2023

PALO ALTO, Calif., Dec. 6, 2023 /PRNewswire/ -- SGNL.ai, the industry's first Continuous Access Management company, announced that M12, Microsoft's Venture Fund, has made a strategic investment in the company.

Key Points: 
  • PALO ALTO, Calif., Dec. 6, 2023 /PRNewswire/ -- SGNL.ai, the industry's first Continuous Access Management company, announced that M12, Microsoft's Venture Fund, has made a strategic investment in the company.
  • The M12 investment is part of a $10 million strategic round that includes funding from Cisco Investments and other investors.
  • Complex identity environments require dynamic authorization that is more robust than what has traditionally been available," said Scott Kriz, CEO of SGNL.ai.
  • It immediately follows SGNL's participation in the Microsoft Security Copilot Partner Program Private Preview announced at Ignite last month as well as Cisco Investment's strategic investment announced that same week.

Liongard Forges Industry Partnerships to Power Continuous Cybersecurity Posture Management

Retrieved on: 
Thursday, November 9, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231109785973/en/
    Liongard's CCDR platform combined with MSPbots' proactive intelligence, Pia's AI-led automation, and Rewst's robotic process automation (RPA), delivers robust continuous Cybersecurity Posture Management.
  • “These strategic partnerships underscore our commitment to providing MSPs and IT organizations with the data and extensibility they need to deliver continuous Cybersecurity Posture Management and thrive in today's dynamic IT landscape.
  • When Liongard's CCDR platform is combined with MSPbots' proactive intelligence, Pia's AI-led automation, and Rewst's robotic process automation (RPA), it delivers robust continuous Cybersecurity Posture Management.
  • These strategic partnerships streamline IT management processes, enabling configuration change detection and response while empowering MSPs to proactively safeguard customer environments through continuous Cybersecurity Posture Management, maintain compliance, and achieve cyber insurance defensibility.