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Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Xchanging is primarily an insurance managed services business that operates on a standalone basis.”

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UK Suffers Third Highest Rate of Ransomware Attacks in the World

IT Governance

The other most vulnerable sectors were business services (23), construction (22), manufacturing (19) and transport (18). The second criteria [sic] is more straightforward and primarily deals with the depth of the company’s pockets and how lacking in cyber defenses their business is. Why are small businesses at risk?

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Network Encryption Keeps Our Data in Motion Secure for Business Services

Thales Cloud Protection & Licensing

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

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Telco service provider giant Syniverse had unauthorized access since 2016

Security Affairs

Syniverse service provider discloses a security breach, threat actors have had access to its databases since 2016 and gained some customers’ credentials. The post Telco service provider giant Syniverse had unauthorized access since 2016 appeared first on Security Affairs. Pierluigi Paganini.

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New Leak Shows Business Side of China’s APT Menace

Krebs on Security

Experts say the leak illustrates how Chinese government agencies increasingly are contracting out foreign espionage campaigns to the nation’s burgeoning and highly competitive cybersecurity industry. “The infosec industry is always trying to distinguish [the work] of one APT group from another. ”

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FCA Publishes Wholesale Banks and Asset Management Cyber Multi-Firm Review Findings

Data Matters

For one, many had defined the threat landscape too narrowly. What can we, as a Board or Management Committee, do to make sure the firm’s second line of defence is able to provide effective challenge to the first line on cyber-related matters?