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This Week in Cybersecurity: Latest News, Insights, and Analysis

The world of cybersecurity never sleeps. With the latest cyber-attacks, new emerging threats, and groundbreaking security solutions surfacing every week, we bring you the latest happenings around the industry every week. 

 

HubSpot data breach affecting 30 crypto companies

HubSpot, a major marketing software company has experienced an internal data breach last week. The company’s cryptocurrency customers were targeted in the breach, affecting over 30 crypto companies. The data breach was initiated by an internal rogue employee of HubSpot, who abused his admin access privilege to export private consumer data. However, the breach was detected early on and the employee’s access was cut-off immediately. HubSpot has since then notified all the affected parties. 

Tax scams on the rise 

With the tax filing season nearing, threat actors are running email scams and phishing campaigns to steal user credentials. Several scams have been detected in the US, as scammers are impersonating popular fintech applications and sending fake tax notifications to users. 

Ransomware is taking the headlines 

DeadBolt ransomware has resurfaced again, targeting Taiwan-based network-attached storage devices company QNAP Systems. As per reports, DeadBolt infected over a thousand storage devices of the company. Analysts are predicting the attack to be a continuation of the previous ransomware attack that affected the company in January. 

London Police have arrested 7 suspected members of the infamous ransomware group Lapsus$. The suspected mastermind behind the group is a 17-year-old teen from Oxford. The group is responsible for some of the biggest ransomware attacks recently on big tech corporations including Microsoft, Samsung, Nvidia, and Okta. 

Latest developments in cybersecurity 

The US Securities and Exchange Commission (SEC) has proposed new cybersecurity standards and rules to address risk management and internal governance. According to the SEC, this new set of standards will help organisations take a better stance against data breaches and standardize disclosure practices. 

Dell Technologies have launched a latest range of enterprise cybersecurity and recovery solutions. According to the company, this new range of solutions will help IT teams provide faster and more efficient responses to cyber threats. The core application of the solution is the Managed Detection and Response (MDR) platform. The application will provide end-to-end real-time detection, investigation, and response to emerging threats in a network ecosystem. 

For the latest news and insights into the world of cybersecurity, follow Code Red Security PR.

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