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Security Insights

Chinese Hackers Breach U.S. Telecom Providers, American Business Data in Jeopardy

October 7, 2024 Security Addict, Inc. Comments Off on Chinese Hackers Breach U.S. Telecom Providers, American Business Data in Jeopardy

In a new chapter of high-stakes cyber warfare, Chinese hackers have breached at least three major U.S. telecommunications providers, gaining access to sensitive networks. U.S. officials suggest the breaches, which compromised companies like Verizon, AT&T, and Lumen, were likely part of an espionage operation aimed at uncovering Chinese targets under American surveillance. This operation, which […]

Security Insights

T-Mobile Settles with FCC for $31.5M Over Repeated Data Breaches

October 1, 2024 Security Addict, Inc. Comments Off on T-Mobile Settles with FCC for $31.5M Over Repeated Data Breaches

In a decisive move to address persistent data security issues, the Federal Communications Commission (FCC) has reached a $31.5 million settlement with T-Mobile, following a series of data breaches between 2021 and 2023. The breaches exposed the personal data of millions of customers, sparking concerns about the vulnerabilities in how sensitive information is safeguarded. As […]

Security Insights

Accounting Firm WMDDH Suffers Data Breach, Compromising 127,000 Clients

October 1, 2024 Security Addict, Inc. Comments Off on Accounting Firm WMDDH Suffers Data Breach, Compromising 127,000 Clients

Public accounting firm Wright, Moore, DeHart, Dupuis & Hutchinson (WMDDH) has revealed that over 127,000 individuals’ personal information was compromised in a data breach that occurred in July 2023. The breach exposed sensitive details, including Social Security numbers, financial accounts, and even medical information, raising significant concerns about data security practices in the accounting sector. […]

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Capitalizing on Crisis: Data Security on the Verge of Explosive Growth

September 30, 2024 Security Addict, Inc. Comments Off on Capitalizing on Crisis: Data Security on the Verge of Explosive Growth

The global data center security market is projected to grow at a compound annual growth rate (CAGR) of 17.36%, from US$15.145 billion in 2024 to a staggering US$33.717 billion by 2029. As the demand for secure data infrastructure surges in the face of increasing internet usage and data generation, companies across sectors are under pressure […]

Security Insights

23andMe Breach Could Impact Your Health, Insurance, and Freedom!

September 29, 2024 Security Addict, Inc. Comments Off on 23andMe Breach Could Impact Your Health, Insurance, and Freedom!

Hackers may exploit DNA data to deny insurance coverage or frame individuals for crimes.

Security Insights

Meta Breached: Storing Passwords in Plaintext, Fined €102 million by Ireland

September 29, 2024 Security Addict, Inc. Comments Off on Meta Breached: Storing Passwords in Plaintext, Fined €102 million by Ireland

In a major blow to Meta, the parent company of Facebook and Instagram, the Irish Data Protection Commission (DPC) has levied a $101 million (€102 million) fine for inadequate password security measures, which exposed sensitive user information. The fine, while relatively small compared to Meta’s revenue, highlights growing regulatory scrutiny on tech giants as the […]

Security Insights

MoneyGram Crippled by Massive Data Breach—Are Your Transactions Safe?

September 28, 2024 Security Addict, Inc. Comments Off on MoneyGram Crippled by Massive Data Breach—Are Your Transactions Safe?

The U.K.’s Information Commissioner’s Office (ICO) has launched an investigation into a potential data breach at MoneyGram, following a report from the global money transfer giant. The breach was disclosed by MoneyGram after a cybersecurity incident that caused widespread operational disruptions, impacting millions of customers and partners worldwide, including the Bank of Jamaica and the […]

Security Insights

Dutch Police Hacked! Sensitive Data of Thousands of Officers Exposed

September 28, 2024 Security Addict, Inc. Comments Off on Dutch Police Hacked! Sensitive Data of Thousands of Officers Exposed

In a shocking incident, the Dutch government announced that the contact details of all police officers in the Netherlands were stolen in a significant cyberattack. The breach was disclosed by David van Weel, the Dutch minister of justice and security, who reported that while private and research data were not compromised, the hack targeted “work-related […]

Security Insights

AI-Powered Cyber Attacks: Lessons from Star Health’s 2024 Data Breach

September 27, 2024 Security Addict, Inc. Comments Off on AI-Powered Cyber Attacks: Lessons from Star Health’s 2024 Data Breach

In August 2024, Indian health insurer Star Health suffered a significant data breach that exposed sensitive information from over 31 million customers, totaling 7.24 terabytes of medical records, billing details, and identification documents. Hackers reportedly exploited vulnerabilities in Telegram chatbots, underscoring the need for more sophisticated cybersecurity defenses in the insurance industry. As the threat […]

Security Insights

14 Million Patients Impacted by Healthcare Data Breaches in 2024: Why Privacy-First Solutions Matter

September 26, 2024 Security Addict, Inc. Comments Off on 14 Million Patients Impacted by Healthcare Data Breaches in 2024: Why Privacy-First Solutions Matter

The healthcare sector is facing a wave of ransomware attacks in 2024, impacting the personal and medical data of over 14 million patients.

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