This month in trending topics....
The FBI has successfully seized the servers of the ransomware gang Radar (aka Dispossessor), a significant victory in the ongoing battle against cybercrime. The gang, which had targeted at least 43 companies since August 2023, used a double extortion tactic of stealing and encrypting data before demanding a ransom. By seizing the gang's domains and servers in the UK and Germany, the FBI has disrupted their operations and potentially prevented future attacks.
➡️ Read more at TechCrunch.com
Cybersecurity training is not just a technical necessity; it's a financial imperative. The rising sophistication of cyber threats makes it a crucial investment for businesses. Neglecting cybersecurity training can lead to severe financial consequences, including direct financial losses, operational disruptions, reputational damage, and regulatory fines. Investing in cybersecurity training can mitigate these risks, protect sensitive data, and ensure long-term financial stability. By educating employees, enhancing skills with certifications, ensuring compliance, and attracting top talent, businesses can create a strong cybersecurity posture and protect their bottom line.
➡️ Read more at CIO.com
In a major data breach, personal information of nearly 3 billion people may have been compromised. A lawsuit alleges that a hacking group accessed the network of National Public Data, a background check company, and stole unencrypted data. This breach is considered one of the worst in history due to the sheer volume of information exposed, including Social Security numbers, addresses, and family ties. Experts warn that this data could be used for various scams and identity theft, emphasizing the need for increased online security measures.
➡️ Read more at Scippsnews.com
The enduring power of human connection in business is highlighted in a reflection on the 20th anniversary of a popular book. The author introduces the concept of "teamship" and emphasizes the critical role of trust in fostering high-performance teams. He proposes the "Intimacy Dinner" as a powerful tool for building trust and enhancing collaboration among team members. The article delves into the science behind the dinner's effectiveness and discusses its potential benefits, including increased innovation, employee satisfaction, and problem-solving abilities.
➡️ Read more at Forbes.com