Latest security news

A suspected Scattered Spider member has been extradited to the United States to face charges linked to cyberattacks against U.S. companies, including the breach of a luxury jewelry retailer that led to an $8 million cryptocurrency ransom demand after attackers stole company data. The retailer’s security team removed the attackers from its network before any ransom was paid. The company still incurred at least $2 million in losses from business disruption, incident response, and recovery …

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