Computer Security News and Insights
The Password That Cost One Company $4.4 Billion In 2017, Equifax suffered a breach that exposed 147 million records and eventually cost the company over $4 billion in total losses and settlements. One of the contributing factors? Weak internal credential management. The admin username and password for a critical
In September 2023, MGM Resorts watched helplessly as a social engineering attack — reportedly initiated through a phone call to their help desk — cascaded into a full-blown operational shutdown. Slot machines went dark. Hotel room keys stopped working. The estimated cost exceeded $100 million. MGM had cybersecurity tools. What they lacked
In September 2023, MGM Resorts International watched helplessly as a single social engineering phone call spiraled into a cyberattack that cost the company over $100 million. Slot machines went dark. Hotel room keys stopped working. Reservations collapsed. And it all started because a threat actor called the help desk and
The 37 Minutes That Cost MGM Resorts $100 Million In September 2023, a threat actor called Scattered Spider social-engineered an MGM Resorts help desk employee. Within 37 minutes, they had enough access to cripple one of the world's largest casino and hotel operators. Slot machines went dark. Hotel
A Single Stolen Password Cost One Company $4.4 Million In May 2021, a threat actor used a single compromised password to shut down Colonial Pipeline — the largest fuel pipeline in the United States. The company paid a $4.4 million ransom. Gas stations across the southeastern U.S. ran
The Threat That Already Has a Badge and a Password In January 2023, the FBI arrested a former GE employee and a collaborator for stealing trade secrets related to turbine technology — a scheme that had been running for years. The insider had legitimate access the entire time. No firewall stopped
In January 2023, a former Tesla employee leaked the personal information of over 75,000 people — names, Social Security numbers, financial records — to a foreign news outlet. Tesla confirmed the breach wasn't caused by a sophisticated threat actor or a zero-day exploit. It was an insider. If you&
Two Employees, Two Paths to a Breach In May 2023, Tesla disclosed that two former employees had leaked the personal data of over 75,000 workers — including Social Security numbers and financial records — to a German news outlet. That wasn't a sophisticated nation-state hack. It was insiders walking
In January 2023, the U.S. Department of Justice charged a former Twitter employee with spying for Saudi Arabia — accessing the personal data of dissidents and handing it to foreign intelligence. He'd worked at the company for years. Passed background checks. Sat in meetings. Nobody flagged a thing
In January 2023, T-Mobile disclosed that a threat actor had been siphoning data from 37 million customer accounts since November 2022 — through a single exploited API. The attacker moved laterally for weeks without triggering alarms. If you've ever wondered what is zero trust and why the entire industry
