PCMag Security Watch

"Shareholders sue CrowdStrike after outage prompts stock price to plummet."

Views expressed in this cybersecurity, cyber crime update are those of the reporters and correspondents. Accessed on 01 August 2024, 1923 UTC.

Content and Source: https://www.pcmag.com/series/securitywatch.

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Russ Roberts (https://www.hawaiicybersecurityjournal.net).

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TODAY'S FEATURED STORY

Shareholders Sue CrowdStrike After Outage Prompts Stock Price to Plummet

A group of shareholders file a securities class-action lawsuit noting that CrowdStrike had hyped its cybersecurity tech as vetted and leading-edge before last Friday's massive outage.

THE LATEST

Microsoft: Azure Outage Due to DDoS Attack

Although Microsoft attempted to thwart the DDoS attack, an error in the company's defenses accidentally 'amplified the impact.'

'Fortune 50' Company Made Record-Breaking $75M Ransomware Payment

The payment was sent to a lesser known ransomware group called Dark Angels, according to cybersecurity vendor Zscaler, topping the $40 million paid by CNA in 2021.

Microsoft Spots Ransomware Groups Abusing Zero-Day Flaw

The flaw affects VMware's ESXi hypervisor product, enabling high-profile ransomware gangs to steal data from virtual machines and encrypt them.

These Are the Services Seeing the Biggest Uptick in Passkey Adoption

Password manager Dashlane reports that more than one in five of its active users has at least one passkey saved, with Amazon seeing the biggest authentication spike in the last three months.

SECURITY HOW TOS

How to Tell if Your Phone Is Being Tapped (and What to Do About It)

Haver you been infected by spyware? Occasional wonkiness on your phone is to be expected, but these glitches can be a sign of something more nefarious. Here's what to look out for.

OTHER TECH NEWS