In a major data breach revelation, Mr. Cooper, a leading US mortgage lender, has disclosed that the sensitive details of millions of individuals have been exposed. The breach has prompted the company to temporarily shut down its services while it investigates the incident and takes necessary steps to mitigate the damage caused. Scope of the Data Breach The extent of
The final holiday shopping rush took an unexpected turn for VF Corp, a global apparel and footwear company, as it fell victim to a suspected ransomware attack. This disruptive incident has severely impacted the company’s global business operations, leaving customers and executives alike concerned about the extent of the breach and the potential consequences. Confirmation of Unauthorized Occurrences VF Corp
In a strategic move to propel the adoption of innovative and secure digital payments in Mexico, Visa, a global behemoth in digital payments, has entered into a definitive agreement to acquire a majority interest in Prosa, a pivotal player in Mexico’s payment processing sector. This partnership is poised to revolutionize the Mexican payment ecosystem and pave the way for enhanced
In a significant security breach, Xfinity, the cable television and internet division of Comcast, fell victim to a breach caused by a Citrix bug. Attackers successfully accessed tens of millions of usernames and hashed passwords, making this breach one of the largest recorded in 2023. Scope of the Breach According to recent reports submitted by Xfinity to the Maine Attorney
Google has taken prompt action by releasing security updates for its popular Chrome web browser to combat a high-severity zero-day flaw that has been actively exploited in the wild. The vulnerability, designated CVE-2023-7024, has been identified as a heap-based buffer overflow bug in the WebRTC framework. This concerning security defect was discovered and reported by Clément Lecigne and Vlad Stolyarov
Today’s rapidly evolving technological landscape, the rise of Low-Code No-Code (LCNC) application development has opened up new frontiers for citizen developers. However, with the dynamic nature and sheer volume of citizen-developed applications, seasoned security practitioners and teams find themselves grappling with emerging security challenges. This article explores the risks and challenges in LCNC application security and provides insights into effective
In today’s digital age, web applications have become an integral part of numerous industries, offering convenience and functionality. However, the increasing reliance on web applications also brings forth numerous security concerns. Web application security encompasses a wide range of practices and controls that are implemented to ensure that web applications function as intended and are protected against potential exploitation. This
Halcyon, a leading cybersecurity startup, recently announced its successful completion of an oversubscribed Series B funding round, securing $40 million in investment. The funding, spearheaded by Bain Capital Ventures, raises Halcyon’s total funding to an impressive $90 million this year. This substantial boost will empower Halcyon to enhance its engineering, research and development (R&D), and sales functions, reinforcing its position
In recent times, the world has witnessed a series of impactful cybersecurity incidents, shedding light on the ever-growing need for robust defense mechanisms. This article provides a comprehensive overview of several significant breaches, including the MongoDB phishing email attack, VF Corp.’s disruption during the holiday shopping season, National Grid’s concerns about Chinese technology involvement, the dismantling of the darknet marketplace
The cryptocurrency industry is on the cusp of a new cycle, poised to bring forth a wave of innovation and adoption. This upcoming cycle promises to be a mix of zero-knowledge proofs, novel DeFi primitives like restaking, and innovative blockchain stacks that offer modularity, composability, and seamless interchain asset and data movement. As we delve into this dynamic era, it
Chiliz, a leading crypto firm providing infrastructure solutions for sports and entertainment companies, has experienced a milestone year for SportFi and Fan Tokens, propelling the industry to unprecedented heights in 2023. Through the launch of Chiliz Chain, the company has witnessed an influx of international sporting organizations tapping into web3 for fan incentivization and community building. With $437 million in
Blockchain technology continues to evolve and expand, with various platforms exploring ways to improve scalability, accessibility, and cost-effectiveness. Lisk (LISK), an open-source blockchain network and platform for decentralized applications (dApps), has recently announced its decision to join the Ethereum ecosystem as a layer 2 (L2) platform. This strategic move aims to leverage the market share and benefits of Ethereum while
