Cybersecurity training firm hit by data breach | Virtu Financial loses $6.9M in email hacking scheme | Phishing scam takes old-fashioned tack
August 13, 2020
SmartBrief on Cybersecurity
Security and risk management news that matters to the C-SuiteSIGN UP ⋅   SHARE
Top Story
Cybersecurity training company SANS Institute reports a data breach of 28,000 records. Noting that no organization is immune to cyberthreats, the company said the leak occurred as a result of a phishing attack that led to 513 emails being forwarded to an unknown email address, exposing personal data but no financial records.
Full Story: TechRepublic (8/12) 
LinkedIn Twitter Facebook Email
Data Breaches
High-speed trader Virtu Financial says an email breach in May cost the firm $6.9 million when $10.8 million worth of fraudulent wire transfers were sent to Chinese bank accounts. Virtu, which was able to freeze some of the funds before they reached the accounts, has sued Axis Insurance after the insurer declined to cover the loss.
Full Story: The Wall Street Journal (tiered subscription model) (8/11) 
LinkedIn Twitter Facebook Email
Spotlight on Health Care
The HHS Office for Civil Rights and American Hospital Association say postcards are being sent to hospital privacy officers warning of a mandatory HIPAA compliance risk assessment and telling recipients to visit a URL that links to a non-governmental website selling consulting services. The postcards claim to be official OCR communications, but the return address doesn't belong to HHS.
Full Story: Healthcare IT News (8/11) 
LinkedIn Twitter Facebook Email
SmartBrief Originals
Sponsored content brought to you by SmartBrief
Spotlight on Transportation
Why transit officials must prioritize cybersecurity
(Alex Wong/Getty Images)
Transit organizations are technology companies, writes Kyle Malo, chief information security officer of the Washington Metropolitan Area Transit Authority, adding that this means operational technology and traditional IT have blended. Malo writes about the importance of budgeting appropriately for cybersecurity, ensuring that cybersecurity is part of the procurement process and getting a cybersecurity maturity assessment.
Full Story: Intelligent Transport (UK) (8/12) 
LinkedIn Twitter Facebook Email
Managing Data
WSJ investigation finds TikTok secretly tracked app users
TikTok enabled its Android app version to collect millions of users' unique identifiers for at least 15 months that could be used for ad tracking, which violates Google's privacy rules, according to a Wall Street Journal investigation. A TikTok spokesperson said, "The current version of TikTok does not collect [media access control] addresses," and a Google spokesperson said the firm is investigating the Wall Street Journal's report.
Full Story: The Wall Street Journal (tiered subscription model) (8/11) 
LinkedIn Twitter Facebook Email
Cybersecurity has soared to the top of the priority list for high-level IT executives in recent months, finds a survey by identity management provider Hitachi ID. The reshuffling of priorities, largely as a result of the pandemic, finds many chief information officers shifting their focus away from updating on-premises infrastructure and buying new hardware.
Full Story: TechRepublic (8/11) 
LinkedIn Twitter Facebook Email
Government Security and Policy
The Lazarus Group attempted a cyberattack against the Israeli defense industry, using fake LinkedIn profiles to pose as CEOs and executives of international companies and offering jobs to defense industry employees in an effort to gain access to their firms' networks. The attack, caught in real time, was a departure for the cybercriminal group, which is thought to be linked to North Korea and typically pursues financial gain rather than technology theft.
Full Story: The Associated Press (8/12) 
LinkedIn Twitter Facebook Email
Press ReleasesSponsored Content
  DirectDefense Recognized as a Five-time Honoree Among Inc. Magazine‚Äôs 2020 5000 Most Successful Companies in America
Post a Press Release
Sharing SmartBrief on Cybersecurity with your network keeps the quality of content high and these newsletters free.
SmartBrief will donate $10 per new reader to organizations fighting for climate reform, women's rights, global health initiatives and more.
Or copy and share your personalized link:
I don't ask for the meaning of the song of a bird or the rising of the sun on a misty morning. There they are, and they are beautiful.
Pete Hamill,
journalist, writer, editor
LinkedIn Twitter Facebook Email
SmartBrief publishes more than 200 free industry newsletters - Browse our portfolio
Sign Up  |    Update Profile  |    Advertise with SmartBrief
Unsubscribe  |    Privacy policy
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004