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On March 29, 2024, a software supply chain attack targeting the Linux operating systems was discovered by accident by an engineer working for Microsoft. The attack was named CVE-2024-3094, and it was given a severity score of 10.0, the highest rating. The attack involved the insertion of malicious code into open-source software called xz Utils which is commonly bundled with Linux distributions. The malicious code was a sort of back door that would have allowed remote code execution on the server.
The year 2023 has witnessed yet another upsurge in cyber threats. Recent headlines such as the ransomware gang stealing a staggering 1.3TB of data from Sabre in September 2023 have underscored the inherent challenges in digital security. This article delves into the top corporate cybersecurity breaches of 2023, offering insights into the evolving threat landscape and underscoring the necessity for effective defense mechanisms.
With cyber threats growing in scale and sophistication, new SEC cybersecurity regulations set for December 18th will fundamentally reshape how we govern digital risk. These regulations are designed to bolster transparency and governance in how public companies handle cyber risks and incidents. This article delves into the intricacies of these regulations, outlining what they entail, the steps companies must take to comply, and the broader implications for the corporate landscape.
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