Despite increased cyber security measures, data breaches are on the rise, leading to a growth in data-breach related securities class action filings. These breaches have significant financial repercussions, causing stock prices to fall, and can take months, if not longer to recover. In 2024 alone, $560 million in settlements took place, including the top three largest ever. The SEC has introduced new rules to ensure public companies disclose any cyber security incidents within four days.
North Korean hackers step up phishing attacks on Ukraine government
North Korean state-sponsored cyber actor, TA406, is carrying out phishing attacks and credential-stealing operations against Ukrainian government entities to gather intelligence on the Russian invasion,
