[Weekly Security News] Password management service LastPass was hacked

Weekly Cybersecurity News_Sep2

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

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