July 20, 2024
Following a significant software malfunction by security firm CrowdStrike, cybercriminals are exploiting the situation by launching fraudulent websites and scams under the guise of “CrowdStrike Support.” The faulty update to CrowdStrike's Falcon monitoring platform impacted Windows computers worldwide, prompting attackers to create domains and websites aimed at deceiving affected users and IT staff. CrowdStrike has issued warnings about these scams, urging customers to only engage with official support channels and remain vigilant against phishing attempts and false recovery tools being offered by scammers.
July 20, 2024
A recent Cloudflare outage caused widespread disruptions, forcing many businesses to revert to cash transactions or temporarily close. This incident highlighted the vulnerability of cashless systems, particularly in Australia, where the government promotes cashless transactions. Disruptions were also noted across various sectors in India and the US, impacting services like minor league baseball games, public pools, and movie theaters. Starbucks faced significant issues, compounding the problem with a promotional event. The outages reignited discussions about the security and resilience of cloud-based infrastructures, with some experts warning about the fragility of the current systems. Despite these challenges, certain cashless businesses reported benefits such as reduced transaction times and cost savings, while others were not affected by the outage at all.
The Global CrowdStrike Outage Triggered a Surprise Return to Cash Wired
July 19, 2024
A global computer outage on Friday, impacting airports, banks, and other businesses, was partly attributed to a software update from US cybersecurity firm CrowdStrike. The issue stemmed from a defect in a single content update of CrowdStrike's Falcon software on Microsoft Windows operating systems. The company's engineers addressed the problem by advising customers to reboot their computers. The outage, not caused by a cyberattack, led to a 10% drop in CrowdStrike's stock in premarket trading. CrowdStrike, known for its cybersecurity services to many businesses and governmental agencies, has also been notable for investigating significant cyber incidents, including Russian interference in the 2016 US election.
What is CrowdStrike, the company linked to the global outage? CNN
July 19, 2024
This article discusses the prevalence of data breaches in the health technology sector, emphasizing how many incidents are linked to fundamental cybersecurity lapses. It identifies common vulnerabilities such as unpatched software, weak passwords, and inadequate access controls. The piece underscores the critical need for health tech companies to adopt basic cybersecurity measures to protect sensitive patient data from malicious actors.
Data Breaches Highlight Lack of Basic Cyber Controls publication
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