This Week In Cybersecurity: 11th November to 15th November

This Week In Cybersecurity: 11th November to 15th November
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    Stop and Shop Parent Company ‘Ahold Delhaize’ hit by Cyberattack

    Ahold Delhaize confirmed a significant cyberattack impacting its U.S. network, causing disruptions to online services and in-store operations. The incident, reported on November 12, 2024, led to outages across brands like Stop & Shop and Hannaford. The company has engaged law enforcement and cybersecurity experts to resolve the issue. While physical stores remain open, some pharmacy functions and online orders are affected. Read more

    Halliburton Ransomware Attack Costs Energy Giant $35 Million

    Halliburton disclosed a ransomware attack in August 2024 that shut down critical IT systems, resulting in a $35 million loss. The RansomHub gang is believed responsible, having exfiltrated sensitive data during the breach. The company had to disconnect client systems to contain the malware spread. While immediate financial impacts are noted, potential long-term legal and reputational damages loom large. Read more

    Amazon Data Breach: Employee Information Exposed After Vendor Hack

    Amazon confirmed a data breach affecting over 2.8 million employee records due to a third-party vendor compromise linked to the May 2023 MOVEit attacks. The breach exposed sensitive work contact information but not financial data. The company’s systems remain secure, but the incident raises concerns about the vulnerability of third-party providers. Investigations into the breach are ongoing. Read more

    Schneider Electric Dev Platform Hack Confirmed: 400k Rows of User Data Stolen

    Schneider Electric reported a data breach caused by a hack on its internal Jira system, attributed to the Hellcat ransomware group. The attack led to the theft of approximately 40GB of data, including employee and customer information. Investigations revealed that exposed credentials facilitated the breach, escalating concerns about cybersecurity practices. The company is actively investigating the incident with external experts. Read more

    ₹2,000 Crore WazirX Cyberattack Culprit Arrested

    Delhi Police arrested SK Masud Alam, a key suspect in the ₹2,000 crore WazirX cyberattack. The incident involved the compromise of WazirX’s hot wallet, leading to the theft of substantial digital assets. Investigations uncovered that Alam used a fake identity to breach the system. The case underscores vulnerabilities in cryptocurrency exchanges and the importance of robust security measures. Read more

    How the Dark Web Has Fueled the 32% Rise in Healthcare Cyberattacks

    The healthcare sector faces a 32% rise in cyberattacks, driven by the dark web’s trade in stolen data. With over 2,018 attacks weekly, regions like APAC and Latin America are most affected. Ransomware-as-a-Service has lowered barriers for attackers, increasing threats. Cybersecurity measures must be enhanced, including technological investments and employee training. Healthcare organizations must take proactive steps to safeguard sensitive data. Read more Protect your organization; invest in cybersecurity today!

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