Cybersecurity Weekly: Data breach statistics, preparing for supply-chain cyber attacks and payment app users targeted with social engineering scams

More than 92% of data breaches so far in 2022 are due to cyber attacks, how to prepare your small or midsize business for a supply-chain attack, and new social engineering scams targeting payment app users. All these and more in this week’s edition of Cybersecurity Weekly.

1. 92% of Data Breaches in 2022 due to cyberattacks 

Year-over-year results indicate a fast start to data breaches in 2022 after a record-setting 2021, as more than 90% of data breaches are cyberattack-related, the Identity Theft Resource Center found.

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2. Preparing for a Technology Supply-Chain Attack

The lessons of 2021 are clear: Cybercriminals are getting more sophisticated, so small and midsize businesses must step up cybersecurity efforts.

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3. Into the Breach: Breaking Down 3 SaaS App Cyber Attacks in 2022

During the last week of March, three major tech companies - Microsoft, Okta, and HubSpot - reported significant data breaches. We review the three breaches and suggest best practices to minimize the risk of such attacks succeeding against your organization.

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4. FBI: Payment App Users Targeted in Social Engineering Attacks

Cybercriminals are attempting to trick American users of digital payment apps into making instant money transfers in social engineering attacks using text messages with fake bank fraud alerts.

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5. Cybersecurity Act of 2022: A Step in the Right Direction With a Significant Loophole

The act contains a loophole added late in the process that will impede progress toward the goal of increasing US cybersecurity: a complete carve-out of DNS from the reporting requirements and other obligations outlined in the bill.

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