Computer Security News and Insights
A Single Email Cost This Company $47 Million In 2015, Ubiquiti Networks disclosed that attackers impersonating company executives tricked finance employees into wiring $46.7 million to overseas accounts controlled by threat actors. No malware. No zero-day exploit. Just a carefully crafted CEO fraud email scam that exploited trust, urgency,
The CEO Who Wired $47 Million to a Threat Actor In 2016, Austrian aerospace manufacturer FACC fired its CEO after the company lost €42 million (roughly $47 million) in a business email compromise attack. A threat actor impersonated the CEO via email and convinced a finance employee to wire funds
In December 2020, security firm FireEye discovered that a routine software update from SolarWinds had been weaponized to infiltrate roughly 18,000 organizations — including the U.S. Treasury, the Department of Homeland Security, and multiple Fortune 500 companies. The attackers didn't kick down the front door. They walked
In 2023, a single compromised file transfer tool — MOVEit — cascaded into breaches affecting over 2,600 organizations and roughly 90 million individuals. The threat actor, the Cl0p ransomware group, didn't need to hack each victim directly. They exploited one vendor, and the dominoes fell. That's third
The Breach That Didn't Start With You In 2023, the MOVEit Transfer vulnerability didn't just hit Progress Software. It cascaded through thousands of organizations — government agencies, banks, healthcare systems — because those organizations trusted a single vendor's file transfer tool. Over 2,600 organizations and
The $350 Million Wake-Up Call Nobody Expected When Verizon acquired Yahoo in 2017, a previously undisclosed breach affecting 3 billion accounts forced the deal price down by $350 million. That single failure of cybersecurity due diligence became the most expensive cautionary tale in M&A history — and it permanently
Your Employees' Passwords Are Already for Sale In March 2024, a single dark web marketplace listed over 10 billion stolen credentials. That's not a typo. The Verizon 2024 Data Breach Investigations Report found that stolen credentials were involved in roughly 31% of all breaches over the past
Your Stolen Password Is Probably Already There In 2024, a single dark web marketplace called BreachForums was seized by the FBI — and then resurrected by its users within two weeks. That tells you everything about the persistence of the underground economy. If you've ever wondered what is the
In May 2024, the FBI and international partners seized BreachForums — one of the largest marketplaces where stolen credentials on the dark web were bought and sold in bulk. The forum had facilitated the sale of billions of compromised records, including credentials tied to U.S. government agencies, healthcare organizations, and
In January 2024, Roku disclosed that a credential stuffing attack compromised roughly 591,000 user accounts across two separate incidents. Attackers didn't hack Roku's servers. They simply took username-and-password pairs leaked from other breaches and tried them at scale. It worked because hundreds of thousands of
