Computer Security News and Insights
A Single Email Cost This Company $47 Million In 2015, Ubiquiti Networks disclosed that threat actors used a CEO fraud email scam to trick finance employees into wiring $46.7 million to overseas accounts controlled by attackers. The emails looked like routine requests from senior executives. No malware was involved.
The CEO Who Wired $47 Million to a Threat Actor In 2016, Austrian aerospace manufacturer FACC lost €42 million (roughly $47 million) after attackers impersonated the company's CEO via email and convinced an employee in the finance department to transfer funds for a fake acquisition project. The CEO
In December 2020, security firm FireEye disclosed that threat actors had compromised SolarWinds' Orion software platform — and with it, roughly 18,000 organizations that installed a poisoned update. Government agencies, Fortune 500 companies, and critical infrastructure operators all got hit through a single trusted vendor. That's the
The Breach That Didn't Start With You In 2023, the MOVEit Transfer vulnerability didn't just hit one company. It cascaded through thousands of organizations that relied on a single file-transfer vendor. Government agencies, banks, healthcare systems, and universities all found themselves exposed — not because of anything
The Breach That Didn't Start With You In 2023, the MOVEit Transfer vulnerability compromised over 2,600 organizations and exposed the data of more than 77 million individuals — not because those organizations had weak security, but because a single vendor did. Companies like Ernst & Young, the BBC,
In April 2024, a credentials dump containing over 26 billion records — dubbed the "Mother of All Breaches" — surfaced on dark web forums. LinkedIn, Twitter, Dropbox, Adobe, and hundreds of other platforms were represented. Within weeks, threat actors were using those credentials in automated stuffing attacks against small and
Your Employees' Passwords Are Probably Already There In 2023, the FBI's Internet Crime Complaint Center received over 880,000 complaints with potential losses exceeding $12.5 billion — and a significant share of that activity traces back to credentials and data traded on dark web marketplaces. If you&
In January 2024, a massive dataset known as the "Mother of All Breaches" surfaced containing 26 billion records — credentials scraped, aggregated, and repackaged from hundreds of previous data breaches. Usernames. Passwords. Email addresses. All of it sitting on dark web forums, available to anyone willing to pay. If
A Single Password Got Them Into the Colonial Pipeline In May 2021, a single compromised password on an inactive VPN account gave the DarkSide ransomware group access to Colonial Pipeline's network. There was no multi-factor authentication on that account. The attackers didn't need a sophisticated zero-day
A Single Stolen Password Cost One Company $60 Million In 2023, MGM Resorts lost an estimated $100 million after a threat actor used social engineering to take over an employee's account through a help desk call. The attackers didn't hack a firewall. They didn't
