The explosive growth of cryptocurrencies was nothing short of extraordinary. Even the most doubtful among us couldn’t help but put a few dollars in to see what would happen. The phenomenon gave rise to many cryptocurrency management platforms, and PayPal put its hat in the ring as well. Unlike apps made for the explicit purpose of handling crypto, PayPal was an established platform with roughly 350 million users.
We reported on Mr. Cooper—one of the nation’s largest mortgage providers—a month ago. Mr. Cooper was featured as they dealt with the throws of a cybersecurity event. The attack disrupted their networks and caused homeowners to avoid payment dues temporarily. Back then, the consequences of the attack were unclear. Subsequently, the public was left to speculate about the event’s impact. Preliminary investigations have concluded, and the impact figure is massive.
The National Student Clearinghouse (NSC) is a provider of comprehensive skill sets; they work to better prepare students for success through grade school and during the transition into the workforce. Dubbed “the K-20 to Workforce Continuum,” NSC’s services have assisted thousands of individuals in achieving academic and career distinctions. These same individuals may now be at risk for information misuse, however. The NSC is another victim of the global MOVEit data breach event.
Delta Dental of California (DDC), Delta Dental Insurance Company, Delta Dental of Pennsylvania, and other subsidiaries may have exposed data; the compromised data is not a product of the organizations. Instead, the breach stems from a third-party servicer specializing in file management and transferring tools—MOVEit.
Roughly 20 percent of all retail sales occur online. This statistic may sound lukewarm now, but e-commerce is rapidly becoming the lion’s share of global transactions. However, the model’s incredible growth also provides criminals ample opportunity to steal from online businesses. The absence of a physical location removes much of the criminal’s risk, and new strategies constantly pop up. A robust fraud prevention strategy should cover the majority of business operations.
Embezzlement is an internal crime that someone commits against their organization. The perpetrator's inside knowledge helps them avoid detection and clean up the evidence. It's a problem that can spiral out of control and cause massive damage to an organization's public face. Identifying the warning signs of embezzlement and acting quickly is essential to preventing the worst-case scenario.
The West Virginia University Health System (WVUHS) contains multiple institution locations, hospitals, and clinics. Welltok is a communications platform that allows patients and physicians to speak while encouraging healthy lifestyles. Like thousands of other medical providers, Welltok utilizes a third-party vendor to manage and maintain patient information; this vendor is Progress Software’s MOVEit.
This week, cybercriminals again targeted US medical records and patient identities. The attacks started with a 2.5 million record breach from Kentucky’s Norton Healthcare circuit, including data from pediatric patients. On the other side of the country, cybercriminals also targeted Oregon’s Neuro Center of the Cascades; the attack spilled over 20k records into the hands of criminals.
In the Valley of the Sun, Cardiovascular Consultants Ltd. (CVC) provides clinical, surgical, and consultation services; the Phoenix-based cardio group serves 11 of the region’s hospitals—offering a range of assistance for patients and physicians. In September, cybercriminals attacked CVC. The event may have exposed the information of thousands.
