SPEAK IN FACTS AND ONLY FACTS. ? "Statement of Facts Regarding the Cyber attack on PROTEUS420" ? On September 7th, 2024, at approximately 2 a.m. EST, PROTEUS420 was the victim of a malicious cyberattack. We understand the significant challenges this incident has caused our clients, so we were committed to keeping them informed primarily as we address the situation. In keeping with our commitment to transparency, we have maintained open communication with clients and stakeholders throughout the incident. We are working and continue to, work alongside law enforcement as they investigate the complex nature of this attack. ? It is important to note that NO CLIENT DATA OR ANY DATA was taken, lost, or modified during this incident. ? The goal of this attack was to disrupt operations, but our network of global data centers remains secure and fully intact. THIS WAS NOT A DATA BREACH OR HACK. ? Through collaboration with both internal cybersecurity experts and external professionals, it has become evident that a sophisticated global cybercriminal organization carried out the attack. From the onset, our top priority has been to protect client data and restore full operations as swiftly as possible. ? We are pleased to report that services have been restored for ALL of our clients, with most systems back online within 48 hours of the attack and all data fully restored within 72 hours. Our team continues to work closely with all affected clients to ensure secure data transfers and the seamless processing of business operations. ? Our ownership and team remain dedicated to addressing this situation and have been working around the clock to implement enhanced security measures to prevent future incidents. We will continue to provide updates to our customers as more information becomes available. ? Should you have any questions or require further details, please feel free to contact us directly at (858) 566-6060. ? Thank you for your ongoing trust and understanding as we move forward.
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The Biggest Data Breaches of 2023 Don't risk financial ruin – fortify your defenses now with our exclusive industry insight report. Gain access to proven strategies to protect your bottom line and preserve your hard-earned revenue. Download now to uncover the harsh realities of data breaches and learn how to fortify your defences. Click the link below to access the industry insight report and safeguard your business today! https://lnkd.in/gXnQysZi #databreach #data #cloudsecurity #datasecurity #databreaches #2023 #2024 #cybersecurityawareness #technology #managedservices #finanace #business #businessadvisory
Don't Let Data Security Outages Drain Your Business! Know the Cost! ? Data security isn't just tech; it's financial. Evolving cyber threats mean breaches go beyond IT, inviting fines, legal woes, reputation hits, and revenue loss. Inadequate measures spell financial disaster. Did you know: Every hour of data security outage costs businesses a staggering $100,000! 60% of small companies that experience a cyber-attack are out of business within six months. The global average cost of a data breach is $3.86 million. Over 80% of reported security incidents are due to weak or stolen passwords. Ransomware attacks increased by 150% in 2023, with an average ransom demand of $200,000. ? Don't risk financial ruin – fortify your defenses now with our exclusive industry insight report. Gain access to proven strategies to protect your bottom line and preserve your hard-earned revenue. Download now to uncover the harsh realities of data breaches and learn how to fortify your defenses. Click the link below to access the industry insight report and safeguard your business today! https://lnkd.in/gXnQysZi #data #datacentersolutions #dataoutage #business #datasecurity #dataservices #financial
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Don't Let Data Security Outages Drain Your Business! Know the Cost! ? Data security isn't just tech; it's financial. Evolving cyber threats mean breaches go beyond IT, inviting fines, legal woes, reputation hits, and revenue loss. Inadequate measures spell financial disaster. Did you know: Every hour of data security outage costs businesses a staggering $100,000! 60% of small companies that experience a cyber-attack are out of business within six months. The global average cost of a data breach is $3.86 million. Over 80% of reported security incidents are due to weak or stolen passwords. Ransomware attacks increased by 150% in 2023, with an average ransom demand of $200,000. ? Don't risk financial ruin – fortify your defenses now with our exclusive industry insight report. Gain access to proven strategies to protect your bottom line and preserve your hard-earned revenue. Download now to uncover the harsh realities of data breaches and learn how to fortify your defenses. Click the link below to access the industry insight report and safeguard your business today! https://lnkd.in/gXnQysZi #data #datacentersolutions #dataoutage #business #datasecurity #dataservices #financial
CIOs' 2024 Agenda Advancing into the Future of Data Governance and Security
compunnel.com
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Key Tronic updated their 8-K an indicated the May 2024 incident will have a material impact. Here are the details: 1?? they halted domestic and Mexico operations for approximately two weeks during remediation efforts 2?? they determined the thread actor accessed and exfiltrated data, including PII 3?? To date, they have incurred $600k in direct costs (cybersecurity experts) related to the response 4?? they believe "the cybersecurity incident will have a material impact on the Company’s financial condition and results of operations during the fourth quarter ending June 29, 2024." https://lnkd.in/g-7wPXtj
2024-05-09 KEY TRONIC CORP Cybersecurity Incident
board-cybersecurity.com
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Insider threats are a growing risk in data security. In the final post of our 7-part DLP Challenges series, learn how to protect your organisation with effective DLP strategies and Access Controls. Read more in our latest blog: https://lnkd.in/gpDq74yP #DLP #InsiderThreats #Cybersecurity
Part 7 - Insider Threats
https://www.pts.com.au
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It's unfortunate that automatic software updates (a cybersecurity best practice) can sometimes result in disruptions. Businesses should plan for these contingencies in their Business Continuity/Disaster Recovery (BCDR) plan. If you don't have one, or you'd like some help updating yours, please reach out!
On the one hand, it's great that companies are continually updating their software to address known vulnerabilities. This is a best practice in cybersecurity risk management. However, the outages being experienced today occurred because of a faulty software update from cybersecurity vendor CrowdStrike that caused Windows endpoints to go into a loop, often resulting in the infamous "blue screen of death." This raises the question: How should a business protect against these kinds of disruptions? Companies could choose to disable automatic updates to "avoid" the problem, but this creates extra work, requires resources that smaller organizations likely don't have, and exposes them to potential vulnerabilities if new updates aren't tested and deployed expediently. Our recommendation, particularly for small to medium businesses (SMBs), is to instead "mitigate" the risk by a) continuing with automatic updates and b) creating sections in your Business Continuity/Disaster Recovery (BCDR) plan to address these kinds of disruptions. If you don't have a BCDR plan or you would like help updating yours, please reach out, we're here to help! https://lnkd.in/gXbzUMAw #cybersecurity #riskmanagement #disasterrecovery #disasterplanning
How a software update from cyber firm CrowdStrike caused one of the world’s biggest IT blackouts
cnbc.com
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Navigating Cyber Risks: Part three : Reputational risk In this post, (split into 3 sections) we will delve into the three main types of risks organisations face when their cybersecurity is compromised. We'll discuss the potential consequences of each risk and inform readers where to find strategies to mitigate them. ?? Reputational Risk: Reputational risk refers to potential harm inflicted on an organisation's image and public perception due to negative events. A prime example is the SolarWinds data breach in 2020, where the IT software provider suffered a sophisticated attack impacting thousands of customers, including government agencies and Fortune 500 companies. The incident severely damaged SolarWinds' reputation, raising concerns about its ability to secure products and protect clients' sensitive information. The resulting loss of trust and negative publicity will have lasting effects on SolarWinds' standing in the industry, highlighting the importance of prioritising cybersecurity to protect an organisation's reputation. A single data breach can significantly impact a company's image and customer faith in its ability to protect data, so maintaining vigilant defense and rapid response is crucial. https://lnkd.in/gf8HNP4c This author has previously shared insights on strategies and best practices to mitigate these cyber risks effectively. Be sure to check out https://lnkd.in/gpMHZn8v
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On the one hand, it's great that companies are continually updating their software to address known vulnerabilities. This is a best practice in cybersecurity risk management. However, the outages being experienced today occurred because of a faulty software update from cybersecurity vendor CrowdStrike that caused Windows endpoints to go into a loop, often resulting in the infamous "blue screen of death." This raises the question: How should a business protect against these kinds of disruptions? Companies could choose to disable automatic updates to "avoid" the problem, but this creates extra work, requires resources that smaller organizations likely don't have, and exposes them to potential vulnerabilities if new updates aren't tested and deployed expediently. Our recommendation, particularly for small to medium businesses (SMBs), is to instead "mitigate" the risk by a) continuing with automatic updates and b) creating sections in your Business Continuity/Disaster Recovery (BCDR) plan to address these kinds of disruptions. If you don't have a BCDR plan or you would like help updating yours, please reach out, we're here to help! https://lnkd.in/gXbzUMAw #cybersecurity #riskmanagement #disasterrecovery #disasterplanning
How a software update from cyber firm CrowdStrike caused one of the world’s biggest IT blackouts
cnbc.com
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In today’s digital age, cybersecurity is a critical concern for international businesses. Recent breaches, like the Hospital Simone Veil attack and the Trello data leak, highlight the importance of robust cybersecurity measures. Investing in secure infrastructure, regularly updating protocols, and having a solid incident response plan are essential to protect against financial loss, reputational damage, and operational disruptions. Stay informed and compliant with international data protection laws to safeguard your global operations. #CyberSecurityCosts #GlobalMarketSecurity #BreachPrevention #DigitalSafetyFirst #DataProtection2024 #CyberResilience #InternationalBusinessSecurity #RansomwareDefense #DataBreachLessons #SecureOperations #TechSecurityTrends #BusinessContinuity #InformationSecurity #APISecurity #CyberThreatMitigation #OperationalSecurity #PIIProtection #SecurityInfrastructure #ComplianceAndSecurity #CyberIncidentResponse
The Cost of Cybersecurity Breaches in Global Markets: Lessons for Entrepreneurs
https://hitaarth.com
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???? Our Cyber Operations team has raised a crucial point of concern: In the rush to resume normal operations, some organizations might consider uninstalling CrowdStrike as a quick fix. While this may seem like an expedient solution, we strongly advise against it. Instead, we recommend focusing your efforts on properly addressing and fixing the issue while maintaining your security posture. It may require more time and patience, but it’s the safer approach in the long run. More below from Chris Schoenwetter, Agio’s Director of Cybersecurity. #crowdstrikeoutage #IT #finance
Navigating the CrowdStrike Update Issue: Staying Secure While Restoring Operations
https://agio.com
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As Halloween ?? draws to a close and trick-or-treaters head home, the tales of ghosts, goblins, and things that go bump in the night begin to fade. However, in the business world, there’s something far more sinister keeping business leaders up at night: cyber threats ????and data security ?? Our Head of Cybersecurity, Peter Soulsby sat down with iTnews to share why organisations need to focus on the right signals amidst the noise. Identify crucial data, limit access, use multi-factor authentication, encrypt information, and ensure endpoints are protected.??? Read the article and watch the video to find out more: https://lnkd.in/gYqCedqZ #Stateofsecurity #Datasecurity #cybersecurity
Focusing on the right signal and eliminating noise is the key to successful data protection
itnews.com.au
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