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Lessons from Volkswagen Data Breach - 2021

  When the money is scarce, you have a difficult choice to make. Whether that money is well spent in Cyber Security or for the growth of the organization. Large organizations have a well-funded cyber security group, but organizations that are not large do not often have that liberty. They work on low margins, or have cash flow or P&L issues that they are dealing with. I am not saying that was the case with "Shift Digital", a Volkswagen vendor that cased the leak of 3.3Million customer's data . However it is a harsh reality that smaller organizations do not often have the funding, talent or focus to create a strong security practice. Technology vendors and the organizations who use their products are on their toes all the time to find Zero Day vulnerabilities to mitigate them. This requires grit, board commitment, a talented cyber security team and funding at the least. Hacker groups have possibility realized that not every organization is able to create strong securit

US Recovers Millions Paid To Colonial Pipeline Ransomware Hackers - VMO Expert Comments on Information Security Buzz

BACKGROUND: The US investigators have recovered millions in cryptocurrency they say was paid in ransom to hackers whose attack prompted the shutdown of the key East Coast pipeline last month, the  Justice  Department announced Monday. Specifically, the Justice Department said it seized approximately $2.3 million in Bitcoins paid to individuals in a  criminal  hacking group known as DarkSide. The FBI said it has been investigating DarkSide, which is said to share its malware tools with other criminal hackers, for over a year. Read the comments here .