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Daily Cybersecurity Roundup, June 24, 2020

Data breach at reputable business firms poses the risk of irreparable damage to its operations and customer trust. Recently, hackers posted stolen data comprised of over 12,000 records from the U.S. business consulting firm, Frost & Sullivan, on a dark web forum for sale. Meanwhile, the California-based American Medical Technologies disclosed a data breach, exposing the personal data of close to 50,000 patients. With much happening in the cybersecurity space, let’s go through the key highlights from the past 24 hours.

01

Frost & Sullivan, the U.S. business consulting firm, suffered a data breach due to a misconfigured database server. Hackers stole and put the exposed data on sale, including 6,000 customer records and 6,146 records for companies.

02

The California-based American Medical Technologies (AMT) notified around 50,000 patients whose personal data, including Social Security numbers, medical record numbers, diagnosis information, and insurance policy details, may have compromised in a cyberattack.

03

ClearSky researchers disclosed that the CryptoCore hacker group swindled around $200 million from five cryptocurrency exchange platforms across the world.

04

The Government of Nova Scotia clarified that a May privacy breach affected 11,000 decisions from the Workers' Compensation Appeals Tribunal, out of which 555 were accessed.

05

Group-IB researchers analyzed Fxmsp, a Russian cybercriminal group, that made $1.5 million in just three years by selling access to 135 corporate networks around the world.

06

Researchers at CSIRO’s Data61 developed a new security technolgy called voice liveness detection (Void) to protect consumers from voice spoofing attacks.

07

An IBM survey found that eight in ten respondents were confident in their company’s ability to handle cyber threats stemming due to remote work.

08

Immuta, a Boston-based data privacy and governance company, secured $40 million in Series C funding led by Intel Capital, with participation from Ten Eleven Ventures and several existing investors.

09

Atos, a European IT consulting firm, acquired Paladion, a U.S.-based global provider of managed security services, for an undisclosed sum.

10

HSBC joined the Series C funding round of Privitar, a London-based data privacy firm, with an investment of $7 million, extending the total amount to $87 million.

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