During the pandemic, approximately 60% of full-time and part-time employees in the U.S. worked remotely. Firms weren’t ready for their employees to work remotely, but many employers quickly realized the benefits of remote work. As remote work became more common, the number of cyber criminals increased drastically. IT professionals have never been more cautious with their work security.
Hack weeks and hack-a-thons are like foosball tables; if you don’t have them, are you even a tech company? These events, once revered for innovation, are now relegated to being blasé and often perceived as little more than playtime for engineers. As someone who’s worked in tech for longer than I care to admit, I had started to ignore them - until I came to Forward Networks.
The Medibank hack began with the theft of credentials belonging to an individual with privileged access to Medibank’s internal systems. These credentials were sold and purchased on the dark web by an unconfirmed buyer who used them to gain access to Medibank’s internal system.