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US citizens lost more than $68M to SIM swap attacks in 2021, FBI warns

Security Affairs

The FBI reported that US citizens have lost more than $68 million to SIM swapping attacks in 2021, the number of complaints since 2018 and associated losses have increased almost fivefold. The FBI recommends mobile carriers take the following precautions: Educate employees and conduct training sessions on SIM swapping.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

Known records breached Naz.API (likely belonging to multiple organisations) Source (New) Unknown Unknown Yes 70,840,771 VF Corporation Source 1 ; source 2 (Update) Retail USA Yes 35,500,000 Pastelería Mozart Source (New) Hospitality Chile Yes 10,870,524 Foxsemicon Integrated Technology, Inc. Organisation(s) Sector Location Data breached?

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Spanish police dismantled SIM swapping gang who stole money from victims’ bank accounts

Security Affairs

The FBI reported that US citizens have lost more than $68 million to SIM swapping attacks in 2021, the number of complaints since 2018 and associated losses have increased almost fivefold. The FBI recommends mobile carriers take the following precautions: Educate employees and conduct training sessions on SIM swapping.

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MY TAKE: Michigan’s cybersecurity readiness initiatives provide roadmap others should follow

The Last Watchdog

I was recently privileged to be part of a group of journalists covering the 2018 North American International Cyber Summit at Detroit’s Cobo Convention Center. Merit is an acronym for the Michigan Educational Research Information Triad. Cobo Center. Merit has a fascinating heritage. But the program has steadily morphed.

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More than half of consumers would consider legal action if their data was compromised during a breach

Thales Cloud Protection & Licensing

In light of consumer concerns, members of the C-Suite were asked whether their organisation was prepared for the legislation in time for the May 25 2018 deadline. Those across the manufacturing and utilities industries had the highest preparedness rates at 91%, while retail had the lowest across both countries at 78%. Healthcare.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

In a disclosure notice to the Maine Attorney General’s Office, the organisation explained that an unauthorised party had compromised its computer systems between 12 March and 13 March. T-Mobile has now fallen victim to nine data breaches since 2018. PharMerica The US pharmacy network PharMerica began notifying 5.8

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FTC Hosts Workshop on Informational Injury

Hunton Privacy

On December 12, 2017, the Federal Trade Commission hosted a workshop on informational injury in Washington, D.C. They may not, however, be aware of what disclosing their information means and consumer education efforts to date have largely been ineffective. The FTC will accept public comments on the workshop until January 26, 2018.

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