[Weekly Security News] Password management service LastPass was hacked

September 2, 2022

1. Password management service LastPass was hacked

Password management service LastPass has more than 30 million active users. LastPass recently reported that they experienced a security breach in which hackers broke into the company’s system through the LastPass developer account and stole technical information. The company is currently conducting an ongoing investigation to implement additional responses.

Source: The Hacker News, Forbes

2. Kiwi Farms was targeted by a DDoS attack

The American Internet Forum Kiwi Farms, which provides user-generated content and discussion forums, was recently targeted by a DDoS attack. The forum website went offline, and the company said it was due to the malicious attacks such as a DDoS attack and other network intrusion attempts.

Source: HackRead, Stenson Cybergroup

 

3. Why should organizations invest money in cybersecurity?

According to a survey in the article, cybersecurity is one of the investments that government and private sector companies consider as a priority. In this article, it said that cybersecurity incidents can result in lethal damage to businesses, and if a company focuses on what seems to be a short-term solution to reduce costs, it could end up costing the company more in business losses and so on.

Source: Cybersecurity DIVE

Cloudbric WAF+, a cloud-based All-in-One Security Platform, is a fully managed security solution for all businesses that primarily lack experience in cybersecurity without their own security experts or those who can’t afford expensive IT security solutions. 

 

Check out Cloudbric’s product lines:

No.1 in the Asia Pacific – WAF with A.I & Logic-based detection engine: Cloudbric WAF+

Cloud-based DDoS attack defense service with edge computing: Cloudbric ADDoS

Zero Trust Network Access-based Remote Access Solution: Cloudbric RAS

Blockchain: Blockchain Security Solution

Click here for inquiries regarding the partner system

Make sure to follow us on our social media platforms (LinkedIn, Twitter, and Facebook)