In a shocking turn of events, hackers have found a new way to exploit the Securities and Exchange Commission (SEC) disclosure rules to their advantage. According to recent reports, cybercriminals are using the SEC's disclosure requirements to target companies, threatening to release sensitive information unless the companies comply with their demands.
The SEC requires publicly traded companies to disclose certain information to investors, including financial statements, business operations, and risk factors. However, hackers have discovered that these disclosure rules can be used as a weapon against companies. By threatening to release sensitive information that is not publicly available, hackers can extort companies into paying them off or complying with their demands.
The latest incident occurred last week, when a group of hackers threatened to release sensitive information about a Fortune 500 company unless the company paid them a hefty sum of money. The company, which was not named in the report, complied with the hackers' demands, paying them an undisclosed amount of money to avoid a potential data bre...
"This is yet another warning to security leaders, who must recognize that disclosure decisions and plans are no longer solely guided by security best practices; federal legal liabilities also play an important role," says Patrick Tiquet, vice president of security and architecture at Keeper ...
Thousands of new honeypots deployed across Israel to catch hackers | TechCrunch
Shortly after the attack, the number of internet-connected honeypots in Israel — manufactured networks designed to lure hackers in — have risen dramatically, according to cybersecurity experts who monitor the internet.
Cybersecurity companies and governments routinely use honeypots to catch hackers and observe their attacks on a decoy network or system that is under their control. In other words, these networks and systems are designed to be hacked to catch hackers or observe their techniques.
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However, access to your Google account is required to get into your Gmail inbox. This is why a hardware second-factor authentication key such as the Titan from Google is highly recommended.
Continue... Hackers Weaponize SEC Disclosure Rules Against Corporate Targets
Title: Hackers Weaponize SEC Disclosure Rules Against Companies: A New Era of Cyber ThreatsIntroduction:
In a shocking turn of events, hackers have found a new way to exploit the Securities and Exchange Commission (SEC) disclosure rules to their advantage. The cybercriminal underworld has discovered that the SEC's disclosure requirements can be used as a weapon against companies, threatening to release sensitive information unless the companies comply with their demands. This new tactic has raised serious concerns about the security of sensitive information and the potential for financial losses.
How Hackers Are Exploiting the SEC Disclosure Rules:
Hackers are using the SEC's disclosure requirements to their advantage by threatening to release sensitive information that is not publicly available. This information can include financial statements, business operations, and risk factors. By threatening to release this information, hackers can extort companies into paying them off or complying with their demands.
The latest incident occurred last week, when a group of hackers threatened to release sensitive information about a Fortune 500 company unless the company paid...
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