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The Target: Discord is an instant messaging and VoIP social platform which allows communication through voice calls, video calls, text messaging, and media and files.
The Take: Four billion public Discord messages which were publicly accessible and gathered from 14,201 servers, which are home to 627,914,396 users.
The Vector: Scraping is a method where automated tools extract information from a platform, such as Discord, by exploiting weaknesses in bots or unofficial apps’ access and interaction with the targeted platform.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection. Change your password, enable two-factor authentication and be mindful of sharing personal information or sensitive content within Discord chats, even on private servers.
BNN Bloomberg: UK cybersecurity company Darktrace Plc agreed to sell itself to private equity firm Thoma Bravo for an equity value of about $5.32 billion. The deal will give Darktrace holders $7.75 in cash, or 620 pence per share, the companies said in a statement.
SecurityWeek: IBM and HashiCorp have entered into a definitive agreement approved by the boards of both companies, but the deal still requires approval from regulators. The transaction is expected to close by the end of the year.
Dark Reading: Malaysia has joined at least two other nations — Singapore and Ghana — in passing laws that require cybersecurity professionals or their firms to be certified and licensed to provide some cybersecurity services in their country.
PR Newswire: Abacus Group, the leading Managed Services Provider ("MSP") to financial services firms with specialized cybersecurity expertise provided by Gotham Security, an Abacus Group company, unveils a revamp of its integrated IT and security solutions and services to meet the changing needs of the financial services industry.
Globe Newswire: The Global Industrial Cybersecurity Market Size is to Grow from USD 18.74 Billion in 2023 to USD 39.94 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 7.86% during the projected period.
Forbes: In an era defined by digital transformation and escalating cyber threats, the role of cybersecurity has become ubiquitous. Today, no serious business can do without firewalls to prevent unauthorized access, encryption to protect digital assets or intrusion detection systems to prevent data breaches.
Bleeping Computer: Ransomware actors have had a rough start this year, as stats from cybersecurity firm Coveware show companies are increasingly refusing to pay extortion demands, leading to a record low of 28% of companies paying ransom in the first quarter of 2024.
The Target: Prisma Finance, a popular decentralized finance (DeFi) platform.
The Take: The Munchables blockchain-based game said it was attacked, and several security firms said about $62 million worth of cryptocurrency was stolen from the game. That incident was followed by another when a hacker stole about $11.6 million from Prisma Finance.
The Vector: The theft occurred as a result of a flash loan attack. Flash loan attacks involve hackers borrowing funds that do not require collateral, buying a significant amount of a cryptocurrency to artificially raise its price and then offloading the coins. The loan is paid back and the borrower keeps any profit. The report said that once the first person had exploited the vulnerability in the platform, two others copied the same method.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
CNBC: Enterprise technology titan Cisco Systems unveiled a new security architecture product aimed at securing data centers, clouds, and other IT environments with the help of AI.
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