Tag: #cloudsecurity
F5 BIG-IP malware has emerged as a serious threat to network security, exploiting vulnerabilities in widely used network traffic management devices. A recent report by Sygnia, a cybersecurity firm, details a concerning campaign by the suspected Chinese hacking group “Velvet Ant” that leveraged F5 BIG-IP malware to gain persistent network access and steal sensitive data […]
Data Breach Leads to Extortion Attempts A recent cyberattack targeting users of Snowflake, a cloud-based data analytics company, has entered a critical phase. Hackers are demanding ransom payments ranging from $300,000 to a staggering $5 million from affected companies. This information comes from a security firm, Mandiant, which is assisting Snowflake in its investigation. Exploiting […]
Microsoft is making cybersecurity a key factor in executive compensation. In a move designed to strengthen its security posture, the company announced that starting in fiscal year 2025 (beginning July 1st, 2024), one-third of senior executives’ annual bonuses tied to “individual performance” will be directly linked to their cybersecurity efforts. This decision comes after criticism […]