#FederalReserve Chairman #JeromePowell and Treasury Secretary #ScottBessent met with major U.S. bank #CEOs to discuss the potential #cyberrisks posed by #Anthropic’s #Mythos AI model. The meeting, held at the Treasury Department, included CEOs from Bank of America, Citigroup, Goldman Sachs, Morgan…

Microsoft is facing its toughest quarter since 2008, and guess what's partially to blame? AI, but not in the way you might...

#CyberSecurity #BreachAndBuild #MicrosoftAI #BigTechEconomy #CyberRisks

breachandbuild.com/microsoft-set-for-worst-...

The Identity Paradox: The Hidden Risks in Your Valid Credentials Identity attacks are rising as trust expands — learn how to detect misuse, close gaps, and defend beyond authentication.

The Identity Paradox: The Hidden Risks in Your Valid Credentials #Technology #Cybersecurity #IdentityTheft #DataProtection #CyberRisks

www.sentinelone.com/blog/the-identity-parado...

how hackers steal bank card data from financial institutions Learn how hackers steal bank card data from financial institutions and what businesses can do to reduce cyber risks and protect their systems.

Learn how #hackers steal bank card data from financial institutions and what businesses can do to reduce #cyberrisks and protect their systems. cybersecureguard.org/how-hackers-...

Botnet Moves to Blockchain, Evades Traditional Takedowns   A newly identified botnet loader is challenging long standing methods used to dismantle cybercrime infrastructure. Security researchers have uncovered a tool known as Aeternum C2 that stores its command instructions on the Polygon blockchain rather than on traditional servers or domains.  For years, investigators have disrupted major botnets by seizing command and control servers or suspending malicious domains. Operations targeting networks such as Emotet, TrickBot, and QakBot relied heavily on this approach.  Aeternum C2 appears designed to bypass that model entirely by embedding instructions inside smart contracts on Polygon, a public blockchain replicated across thousands of nodes worldwide.  According to researchers at Qrator Labs, the loader is written in native C++ and distributed in both 32 bit and 64 bit builds. Instead of connecting to a centralized server, infected systems retrieve commands by reading transactions recorded on the blockchain through public remote procedure call endpoints.  The seller claims that bots receive updates within two to three minutes of publication, offering relatively fast synchronization without peer to peer infrastructure. The malware is marketed on underground forums either as a lifetime licensed build or as full source code with ongoing updates. Operating costs are minimal.  Researchers observed that a small amount of MATIC, the Polygon network token, is sufficient to process a significant number of command transactions. With no need to rent servers or register domains, operators face fewer operational hurdles.  Investigators also found that Aeternum includes anti virtual machine checks intended to avoid execution in sandboxed analysis environments. A bundled scanning feature reportedly measures detection rates across multiple antivirus engines, helping operators test payloads before deployment.  Because commands are stored on chain, they cannot be altered or removed without access to the controlling wallet. Even if infected devices are cleaned, the underlying smart contracts remain active, allowing operators to resume activity without rebuilding infrastructure.  Researchers warn that this model could complicate takedown efforts and enable persistent campaigns involving distributed denial of service attacks, credential theft, and other abuse.  As infrastructure seizures become less effective, defenders may need to focus more heavily on endpoint monitoring, behavioral detection, and careful oversight of outbound connections to blockchain related services.

Botnet Moves to Blockchain, Evades Traditional Takedowns #Blockchain #Botnet #Cyberrisks

Dentist Insurance Services has teamed up with Coalition to offer cyber insurance coverage of up to $1 million through their platform. This coverage can help protect your dental practice from the financial impact of a cyber attack.

🔐See how Coalition supports dental practices today: www.dentistinsuranceservices.com/cyber-liability

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CISA loses key employee behind early ransomware warnings | Cybersecurity Dive www.cybersecuritydiv... #cybersecurity #CISA #ransomware #cyberrisks

Outdated Embedded Browsers Expose Smart TVs, Gaming Apps, Game Consoles to Cyber Risks Researchers reveal that smart devices often ship with outdated embedded browsers, exposing users to phishing and security vulnerabilities.

Full Article: www.technadu.com/outdated-emb...

Should vendors be legally required to maintain embedded browser security?

Comment your opinion.
#CyberRisks #IoTSecurity #SmartDevices #Privacy #TechNadu

Top Cybersecurity Threats Indian Enterprises Face in 2026 Indian enterprises in 2026 face major Cybersecurity Threats, from AI-driven attacks to data breaches. Learn key risks and ways to strengthen security.

Top Cybersecurity Threats Indian Enterprises Face in 2026

Read the full blog: www.ecsinfotech.com/top-cybersec...

#CyberSecurity #CyberAttack #CyberRisks #CyberAwareness #DataProtection #EnterpriseSecurity #CyberThreats #ThreatIntelligence #DataBreach #ECSInfotech #ECS

Rischi cyber, aumentarne la consapevolezza è una necessità strutturale ROMA (ITALPRESS) – “I rischi informatici sono un argomento complesso: il rischio cyber è difficilmente percebile subito. Aumentare la consapevolezza deve essere visto come una misura strutturale necessaria”. Lo ha ...

È ACCADUTO IERI: Rischi cyber, aumentarne la consapevolezza è una necessità strutturale ... LEGGI TUTTO #CyberSecurity #Consapevolezza #RischiInformatici #SicurezzaDigitale #CyberRisks

Why the Internal Audit Function is the Key to Cyber Risk Management Cyber incidents are considered the greatest risk facing organizations globally in 2023. The cumulative legal, regulatory, reputational, and operational cost of a single data breach reached an all-time...

In our digital domain, every biz is a target for a #cyberattack impacting #operations, #reputation, & #brand. Enterprise #cyberpreparedness is vital to manage #cyberrisks. The skill of internal auditors is in providing assurance over #cyberrisks #Ransomware #Phishing www.linkedin.com/pulse/why-in...

#Privacy , #Cybersecurity and #AI , security controls against the biggest #vulnerability, lack of #awareness on #cyberrisks via #AidpNazionale #EXPRIVIA

#Awareness on #cyberrisks is not just a list of actions that you shouldn't , such us do not click here and do not click there. Awareness should start by demysitifying #cyberrisk .
#Exprivia

🛡️ 72% of orgs report rising #cyberrisks, with #ransomware & malicious use of #GenerativeAI among top concerns

Fred Heiding (Harvard) on @weforum.org highlights:

1️⃣ National #cybersecurity strategies built on 5 pillars
2️⃣ Incentives driving private sector resilience

ℹ️ www.weforum.org/stories/2025...

🔐 Do you know the difference between #VulnerabilityAssessment & #PenetrationTesting?
Both play a crucial role in safeguarding your business from #cyberthreats.

Explore how #VAPTservices protect your business from evolving #cyberrisks.

👉 Read more: www.ecsbiztech.com/vulnerabilit...

#CyberSecurity

Employees race to build custom AI apps despite security risks - Help Net Security Shadow AI use rises as GenAI apps spread, driving innovation but increasing enterprise security risks from unsanctioned tools.

Very compelling and thought-provoking article about the adoption of GenAi within organisations and the growing cyber risks posed by Shadow AI ...
www.helpnetsecurity.com/2025/08/15/s...
#cybersecurity #AI #GenAI #ShadowAI #CyberRisks

It's time to sound the alarm on water sector cybersecurity - Help Net Security Water sector cybersecurity is critical as cyberattacks threaten public safety and infrastructure, especially at outdated facilities.

On the challenges and opportunities of Converged IT-OT Systems ... #cybersecurity #OT #ITOTConvergence #CyberRisks #WaterUtilities
www.helpnetsecurity.com/2025/08/01/w...

Kovrr Kovrr financially quantifies cyber risk on demand. Our technology enables decision makers to seamlessly drive actionable cyber risk management decisions.

The latest update for #Kovrr includes "Quantifying #CyberRisk Appetite: A Framework for Decision-Making" and "Elevating Cyber GRC With a Smarter Risk Register Strategy".

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Climate, Cyber, Collapse? - Stratheia Pakistan faces intertwined climate and cyber risks; integrated resilience and global support are urgent to tackle this polycrisis.

Pakistan must unify disaster and cyber planning to protect critical infrastructure amid climate shocks.
#CyberRisks #DigitalResilience #DisasterManagement
stratheia.com/climate-cybe...

Climate disasters deepen cyber risks in Pakistan—integrated resilience is key to managing this growing polycrisis.
#Climate #CyberRisks #Polycrisis
Read Full Article: stratheia.com/climate-cybe...

Troop Messenger Instant Messaging, Video Call, Video Conferencing, File Sharing, Desktop Sharing, Work Schedules and Projects on Troop Messenger - The Unified Business Communication Platform.

The latest update for #TroopMessenger includes "Enterprise Security Reinvented: Staying Ahead of #CyberRisks" and "AI Video Translation: Breaking Language Barriers with Human-Generated Precision".

#Chat https://opsmtrs.com/3g5IlFR

Are You Ignoring Telecom Fraud?

You might be.
We break them all down, with real-world examples and simple actions you can take.

🛡️ Stay protected.
www.voyced.eu/12-tel...

#VoIPSecurity #TelecomTips #BusinessPhone #CyberRisks #HostedVoIP #Voyced

Kovrr Kovrr financially quantifies cyber risk on demand. Our technology enables decision makers to seamlessly drive actionable cyber risk management decisions.

The latest update for #Kovrr includes "Elevating Cyber GRC With a Smarter Risk Register Strategy" and "How to Elevate The #CISO Role from Enforcer to Enabler".

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Data Breach at Cartier Highlights Growing Cyber Risks in Luxury Sector   In the latest incident involving a high-profile Parisian luxury jeweller, Cartier has been hacked, further heightening the concerns of those who are targeted by digital threats in the fashion and retail industries. In a statement released by the company, an unauthorised party admitted to gaining access to internal systems, resulting in the disclosure of customer information, including names, email addresses, and country of residence.  A breach affecting approximately 12,000 individuals was first revealed through official notifications sent to those affected, but details surfacing on social media have since attracted a larger amount of attention. Even though Cartier has declined to disclose the exact scope of the incident - which included the number of impacted customers and the precise timing of the intrusion - the company emphasizes that no personal data, such as credit card numbers, bank account numbers, or login credentials, has been compromised as a result of the incident.  There have been no direct financial harms associated with the leak of personally identifiable information (PII), however, cybersecurity analysts warn that there is still a significant risk of the leak occurring. As a result of the affluent clientele associated with luxury brands, there are many opportunities for phishing attacks, social engineering attacks, and identity theft schemes to exploit the exposed data.  Currently, the luxury sector is facing numerous cybersecurity challenges, which are aggravated by the fact that sophisticated cybercriminals are increasingly targeting it. In a time in which digital transformation is accelerating within the high-end retail industry, the Cartier breach serves as a wake-up call to the industry to reevaluate its data protection measures and strengthen its commitment to customer safety and trust.  Even though the breach at Cartier did not result in the compromise of financial or highly sensitive account information, cybersecurity experts have emphasised that even the exposure of seemingly basic personal information-such as names, email addresses, and countries of residence-can still have severe consequences. These types of information are incredibly valuable to attackers, and they can be used in high-volume phishing schemes, social engineering schemes, and more comprehensive identity theft campaigns.  To address the incident, Cartier has notified the appropriate law enforcement authorities and has enlisted the assistance of an external cybersecurity firm to conduct a comprehensive investigation into the incident as well as strengthen its internal security measures. As of right now, the company has stayed tightly closed regarding key details, including the number of customers affected as well as a timeline for when the breach occurred.  Since Cartier has such a high-value clientele and such a significant presence in the fashion industry, privacy advocates and industry observers have expressed concerns regarding this lack of transparency. Cartier's breach is no exception; it is part of an escalating pattern of cyberattacks against luxury and fashion brands. Dior, the French fashion house, reported to the press in May that hackers had gained access to customer information and information about purchases.  Adidas also confirmed an incident of cybercrime involving one of its third-party service providers around the same period, which led to unauthorised access to customer contact information; however, as with Cartier, no payment information was compromised. Victoria's Secret has recently had to temporarily close down its website and some of its in-store services following a significant breach of security. All these incidents reflect a disturbing upward trend and have prompted affected companies to engage specialised cybersecurity teams to contain the damage and prevent future breaches.  Retail industry cybersecurity experts continue to raise concerns as to the industry's vulnerability to cyber threats, pointing to the fact that it relies heavily on vast repositories of consumer data, which are seen as a major source of vulnerability. As a result, according to James Hadley, the founder of Immersive, retail firms are overflowing with customer information, making them prime targets for cybercriminals seeking both financial gain and strategic advantage.  Often, retailers collect a wide variety of personal data about their customers, including names, emails, shopping histories, and contact information. These types of attacks can be carried out over a long period of time and with layers of attacks, as well as isolated breaches.  In his article, Hadley emphasised the fact that misuse of stolen data often extends beyond its immediate damage. Threat actors often use compromised information to impersonate trusted brands, thereby extracting more sensitive personal data from unsuspecting consumers by phishing or social engineering techniques. In his view, this type of manipulation can persist undetected for extended periods of time, compounding the dangers for individuals as well as organisations alike.  As a result of these rapidly evolving threats, industry experts argue that the way businesses should respond to incidents must be shifted from a reactive incident response to a proactive cyber defence. Rather than only reacting after a breach has taken place, companies should act before an incident occurs. However, in order to combat these threats, advanced threat intelligence systems, robust encryption protocols, and dynamic security frameworks are urgently needed so that they can be spotted and neutralised before they become a problem.  It is equally important for consumers to be educated continuously about the dangers of password reuse, suspicious links, and unauthorised communication, as they can take an active role in maintaining the safety of their data more responsibly. There is an increasing likelihood that traditional retailers will fail to protect themselves adequately against the growing use of artificial intelligence-powered attack tools and automated hacking techniques, as the traditional security measures that they employed are proving insufficient to keep out the threats.  Luxury brands, such as Cartier and The North Face, have recently experienced breaches that underscore the fact that even the most established names in the fashion and accessory industry are not immune to the constantly evolving cyber threat landscape. As a result of the breach, Cartier has issued a warning to all of its customers that they need to remain vigilant against potential cyber threats.  The organisation advised individuals to stay vigilant for unsolicited communications, such as suspicious emails, unexpected messages, or unusual login activity on their online accounts, including unsolicited communications from people they don't recognise. It is strongly recommended by the company that users enable multi-factor authentication (MFA) wherever possible, avoid using unsecured networks, avoid clicking on links or downloading attachments from unknown sources as well and avoid using unsecured networks to mitigate further risks. In addition to providing immediate consumer protection, Cartier's response also emphasised the need for stronger security measures throughout the industry at large. There is no doubt that organisations, particularly those in the luxury and retail sectors, must implement comprehensive, proactive cybersecurity strategies if they are to survive. Performing regular internal and external security audits, strengthening anti-phishing training programs for all levels of employees, and closely assessing the cybersecurity resilience of third-party vendors that are often integral to a brand's digital infrastructure are some of the things companies should do.  As the company's advisory emphasises in its statement, cybersecurity is not just a technical challenge, but is also a strategic priority within the organisation that requires continuous investments, oversight, and awareness. A growing number of threats and persistent attackers need consumers and corporations to share the responsibility of fostering a safer and more secure digital environment, as threats become more sophisticated and attackers become more persistent.  There has been a growing number of high-profile breaches in retail in recent months, and the Cartier cyberattack is just one example of these, with other major brands including Victoria's Secret, Harrods, M&S, and The Co-op all being victims of similar events. A number of security experts have reported that sophisticated threat groups, including the hacking collective known as Scattered Spider, are targeting retailers with systematic malicious intent in recent years.  There have been several recent attacks claimed by the group, including the attack on M&S and The Co-op, prompting an increase in industry-wide vigilance. Analysts believe that Scattered Spider and similar groups are often able to exploit structural weaknesses and operational vulnerabilities in a specific industry by focusing their efforts on a particular industry for a prolonged period of time.  Retailers are a particularly attractive target due to their vast repository of consumer data and longstanding underinvestment in cybersecurity infrastructure, making them a great target for cyber criminals. It is also important to note that many retailers are heavily dependent on third-party vendors with security practices that do not meet modern standards, thereby further exposing an already vulnerable ecosystem to security risks.  A cybersecurity firm called Immersive Labs' founder, James Hadley, noted that retail companies, overwhelmed by customer information, have become increasingly attractive targets for cybercriminals, as a result. According to him, the recent string of successful breaches may further embolden attackers, which reinforces the perception that retail companies are soft targets that can pay off well.  According to Jake Moore, a Global Cybersecurity Advisor at ESET, similar concerns are echoed, and he warned that these incidents will continue to occur in an increasingly frequent and severe manner. In his view, ransom demands can reach into the millions of dollars, but even when the ransom is not paid, the cost of recovery, disruptions to operations, and reputational damage can still be immense, even if the ransom is not paid.  In many cases, Moore noted, the cost of remediation far exceeds the ransom itself, placing companies in a precarious position during and after an attack. Although Moore identified a potential silver lining in the rising threat landscape, he also mentioned that there has been an increased awareness of cybersecurity threats and a renewed emphasis on cybersecurity readiness. He said that despite the fact that many companies have been narrowly spared such attacks, the ripple effect has prompted many businesses to strengthen their digital defences, develop robust incident response plans, and prepare themselves for the inevitable occurrence of cyber attacks in the future.  It is clear, however, that the Cartier breach is a stark reminder that in today's hyperconnected world, reputation and luxury branding do not mean user are immune to digital attacks. Because cyber threats are growing faster, larger, and more sophisticated every day, organisations must shift from reactive containment to proactive cyber resilience to keep themselves safe. There is a need to invest not only in the next generation of security technologies, but also in building a culture of cybersecurity at all levels of an organisation - from executive leadership to frontline staff.  There is no doubt that aligning IT security, risk management, and customer trust is now a priority in boardrooms. To reduce systemic risk, the industry will need to collaborate, for example, by sharing threat intelligence and setting benchmarks for incident response and establishing higher standards for vendor accountability, among other things. It is clear that safeguarding data in today's digital economy is no longer an operational checkbox, but now it has become a key business imperative that directly impacts consumer confidence, brand value, and long-term viability.

Data Breach at Cartier Highlights Growing Cyber Risks in Luxury Sector #CatierHighlights #CyberCrime #cyberrisks

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Can you point to your top 3 #cyberrisks? Most can’t, and that’s a problem.

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Government's Cyber Resilience Failings Detailed, Recommendations to Improve

FYI -
insight.scmagazineuk.com/governments-... #CyberResilience #Failings #LegacySystems #CyberRisks #Recommendations #PAC