There is an ongoing debate about how companies should report and deal with these cyber attacks, and Congress has now introduced several cyber security focused bills. Lawmakers have argued about how companies should deal with cybersecurity breaches for years.
The 2021 data breach marks the fifth time that T-Mobile has suffered a cyber attack since 2018. This is significant when you consider that T-Mobile has hundreds of millions of consumers with personal information that could potentially be compromised. Some of the cyber attacks against T-Mobile have been more serious than others.
Many cybersecurity experts and analysts criticized the way that Equifax dealt with the cybersecurity breach. They also pointed out that Equifax has dealt with previous data breaches, and should have taken more steps to safeguard consumer information. Equifax apparently knew about the cybersecurity breach in July 2017.
The hackers targeted Kaseya’s VSA, or virtual systems/administrator. Cybersecurity experts immediately estimated that around 1000 businesses were affected. The hackers immediately made it clear that they were “ready to negotiate” concerning a resolution.
This particular san diego cyberattack occurred in late April of 2021. This was also a ransomware attack, and these kinds of cyberattacks have been happening more frequently over the past several years. Ransomware is considered one of the deadliest types of malware, or “malicious software.” It is estimated that ransomware attacks will cost the global economy a staggering $265 billion over the next decade.
Through an executive order, Biden also created stricter security standards for supply chain companies that work with the U.S. government. SolarWinds also reported that unknown hackers exploited a previously unknown flaw in July 2021, but denies that it was related to the high-profile 2020 data breach. SolarWinds claimed that unknown hackers only targeted a “limited, targeted set of customers.”
https://www.usatoday.com/story/tech/2021/09/13/iphone-apple-security-update-pegasus-spyware-mac-ipad/8325086002/
https://www.bleepingcomputer.com/news/security/microsoft-exchange-servers-being-hacked-by-new-lockfile-ransomware/
https://www.theverge.com/2021/8/9/22616882/gigabyte-technologies-ransomware-attack-data-leak-112-gb-ransomexx
