Computer Security News and Insights
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 trusted a single vendor's file transfer software. Clop ransomware operators exploited the flaw, and suddenly organizations like the BBC,
A $4.88 Million Problem With a Training-Shaped Solution IBM's 2024 Cost of a Data Breach Report put the global average breach cost at $4.88 million. That number alone should end every budget debate about security awareness programs. But I still sit in meetings where executives ask
In January 2024, a massive dataset called "Naz.API" surfaced on dark web forums containing over 70 million unique email addresses and their associated passwords. Many of these credentials were still active. The breach wasn't the result of one sophisticated attack — it was an aggregation of
In 2019, a Lithuanian man named Evaldas Rimasauskas pleaded guilty to stealing over $100 million from Google and Facebook — using nothing more than a series of fake email messages. He impersonated a legitimate hardware vendor, sent invoices from spoofed email addresses, and two of the most sophisticated tech companies on
In September 2023, a threat actor called Scattered Spider social-engineered their way into MGM Resorts by calling the company's IT help desk. One phone call. That's all it took to trigger a shutdown that cost MGM an estimated $100 million. No zero-day exploit. No sophisticated malware.
The Framework Nobody Reads But Everyone Claims to Follow I once walked into a mid-sized financial firm that proudly declared on their website they were "aligned with NIST standards." Thirty minutes into the assessment, I found admin passwords on sticky notes, no multi-factor authentication on critical systems, and
A Single Phone Call Cost MGM Resorts $100 Million In September 2023, a threat actor called MGM Resorts' IT help desk, impersonated an employee found on LinkedIn, and convinced a technician to reset credentials. That one vishing call triggered a ransomware attack that shut down slot machines, hotel key
In 2023, MGM Resorts lost roughly $100 million after a threat actor called Scattered Spider impersonated an employee on a help desk call — a textbook spear phishing technique that bypassed every technical control the company had. The attacker didn't blast out a million generic emails. They researched one
In 2024, the FBI's Internet Crime Complaint Center (IC3) reported that compromised credentials were a factor in a staggering number of the complaints they received, driving billions of dollars in losses. I've personally worked incident response cases where a single set of stolen credentials — purchased on
A Single Fake Identity Website Fueled a $10 Million Fraud Ring In 2023, the FBI dismantled an identity fraud operation that relied heavily on fake identity websites — convincing portals designed to harvest personal data from unsuspecting victims. The ring used stolen credentials to open bank accounts, file fraudulent tax returns,
