Cyberattacks news and trends

AutoNation: CDK Hack Will Hurt Earnings
Security & Fraud // July 15, 2024

The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country, warned on Monday (July 15) that the cyberattack will impact its second quarter earnings by $1.50 per share. The company...

Google Reportedly Eyeing $23 Billion Purchase of Wiz
Google // July 14, 2024

Google is reportedly in talks to purchase cybersecurity startup Wiz for about $23 billion. That’s according to a Sunday (July 14) report by The Wall Street Journal (WSJ), which pointed out that this would be Google’s largest-ever acquisition.  The tech giant is in advanced talks...

Firms Look to Mitigate Consequences From Data Breaches
Security & Fraud // July 11, 2024

The interconnected nature of financial systems can have cascading consequences when data is compromised. And with the recent news that the June cyber breach at Evolve Bank & Trust has reportedly impacted upwards of 7.6 million customers, containing the impact of a single data breach...

Healthcare FinTech HealthyEquity Latest in Sector Hit With Data Breach
Cybersecurity // July 04, 2024

Health tech company HealthEquity has suffered a data breach, though unconnected to other recent attacks. The company revealed that attack in a filing with the Securities and Exchange Commission (SEC) earlier this week, saying that hackers had stolen the “protected health information” of some customers. According to the filing,...

Interviews & Exclusives
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions

March 01, 2024
Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats, making their work faster and more efficient. By analyzing vast amounts of data and identifying complex patterns, AI automates the initial stages of incident investigation. […]

Higher Ed Redefines Fraud Strategies for the Connected Campus

January 18, 2024
The integration of digital technologies, data networks and smart devices within the university ecosystem is transforming campuses into connected entities. And amid this transformative shift there is a pressing need...

Fraudsters Launching Fewer Attacks, But Aim At Bigger Targets

October 18, 2021
The steady rise of the global eCommerce market has created a radically new fraud environment, where fraudsters now seek bigger targets, but strike less often. The evolution comes at a time when merchants that have embraced payments innovation are...

Digital-First CFOs Empower The Enterprise With Data

March 11, 2021
Among the countless negative impacts of the global coronavirus crisis is a surge in cyberattacks on the global business community. A perfect storm of work-from-home requirements and pandemic-related uncertainty has...

Quick Reads
AutoNation: CDK Hack Will Hurt Earnings

July 15, 2024
The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country, warned on Monday (July 15) that the cyberattack will impact its second quarter earnings by $1.50 per share. The company said in a Securities and Exchange Commission (SEC) filing that […]

Google Reportedly Eyeing $23 Billion Purchase of Wiz

July 14, 2024
Google is reportedly in talks to purchase cybersecurity startup Wiz for about $23 billion. That’s according to a Sunday (July 14) report by The Wall Street Journal (WSJ), which pointed...

Healthcare FinTech HealthyEquity Latest in Sector Hit With Data Breach

July 04, 2024
Health tech company HealthEquity has suffered a data breach, though unconnected to other recent attacks. The company revealed that attack in a filing with the Securities and Exchange Commission (SEC) earlier this week, saying...

Cyber Insurance Premiums Fall Despite Ransomware Wave

July 01, 2024
Despite a recent wave of ransomware attacks, cyber insurance premiums are declining around the globe. That’s because businesses have gotten better at dealing with losses related to cybercrime, specialist insurance...