Cyberattacks have been rising this year, and a new Arctic Wolf survey of more than 1,400 IT leaders at enterprise organizations reveals just how much. Thirty-two percent of organizations experienced a breach that exceeded six figures; 61% of business owners admitted to concealing a breach; and 74% of executives believe their security teams lack capacity and expertise needed.
Hong Kong’s new law against doxxing (allowing public release of information identifying an individual) has raised concern from diverse groups. Human rights advocates fear it can be used to crack down on dissent and tech companies worry it may hinder business operations. The Personal Data (Privacy) Ordinance amendment bill gives Hong Kong’s privacy commissioner very broad powers and extra-territorial scope, including the ability to force internet providers to cease operations and it comes with as high penalty as a HK$1 million fine and five years in jail.
Recommendation engine GetApp’s Data Security Report found that across US industries, phishing emails tripled in the last 2 years, ransomware attacks increased 25% since last year, and that rampant reuse of passwords is strongly associated with higher incidences of security breaches.
CDP and marketing cloud vendor Zeta Global announced an agreement to purchase LiveIntent, which helps companies do email-based advertising. The deal will let Zeta expand its identity graph, enter the publisher monetization business, and accelerate its mobile and retail media products. Zeta will pay $77.5 million in cash and $172.5 million in common stock, with potential for additional payments based on performance.