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CybersecurityCybersecurity

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Spyware Maker NSO Gets New Owners, Seeks to Mend Reputation

By Kim S. Nash

 

Hello. NSO Group, the Israeli company behind Pegasus spyware, says a group of investors led by Hollywood producer Robert Simonds has acquired a controlling stake in the firm.

David Friedman, NSO’s new executive chairman, a former U.S. ambassador to Israel and onetime bankruptcy lawyer for President Trump, said he wants to use his ties to the Trump administration to help rebuild the company’s spyware business in the U.S. Read the full story.

Also today: 

  • Education tech firm Illuminate settles breach cases for $5.1 million
  • Former Google CISO joins data-center giant Equinix
  • Hitachi unit hit in Oracle hack
  • Hack at Jaguar dented England's GDP
  • Warren Buffett deep fakes
  • And more
 

‏‏‎ ‎

CONTENT FROM: ZSCALER
Why CIOs Are Adopting A Cafe-like Branch Architecture

Ransomware attacks often start with one compromised user — a single user in a branch can infect everything on your network. This is facilitated by an underlying design principle of MPLS and SD-WAN — lateral movement. Zscaler CEO Jay Chaudhry explains why CIOs are embracing cafe-like branches to stop ransomware, increase business agility and reduce cost.

It’s time to embrace cafe-like branches

 

More Cyber News

PHOTO: ERIC LEE/BLOOMBERG

Education tech company Illuminate agreed to pay $5.1 million to resolve data-breach cases in three states. A 2021 hack of Illuminate exposed personal data for millions of U.S. students. California Attorney General Rob Bonta said 49 school districts in his state were compromised and the company will pay $3.25 million. 

  • In December 2021, a hacker used the credentials of a former employee to create new credentials and then stole and deleted student data over several days, according to California investigators. 
  • New York, where 1.7 million students had their data breached, will receive $1.7 million. 
  • In Connecticut, 28,610 students in six school districts were affected. Illuminate will pay the state $150,000. 

Hitachi tech-design unit GlobalLogic said it was breached in the recent hack of Oracle's E-Business Suite software. The hackers broke into GlobalLogic's Oracle suite on July 10, with the most recent activity traced to Aug. 20, the company's investigation found. 

  • More than 10,400 current and former employees had their information breached in the incident, including Social Security numbers, salary data and bank-account information. 
  • American Airlines unit Envoy Air, the Washington Post and Harvard University have also said they were compromised in the Oracle hack. 

Big fallout: A cyberattack at Jaguar Land Rover contributed to England's slow growth in gross domestic product, the Bank of England said. The August hack has disrupted the car maker's factories and other operations, as well as taken a financial toll on JLR suppliers. The incident could cost the U.K. economy £1.9 billion, or about $2.5 billion, the Cyber Monitoring Centre said. 

Japanese retailer Askul expects to resume full operations in early December, following an Oct. 19 ransomware attack. The hack has also affected companies that use Askul tech services, including retailer Muji. (Japan Times)

School's out: Virginia's Manassas City Public Schools will be closed Monday as the district investigates a weekend cyberattack that has caused network and phone outages, Superintendent Kevin Newman said Sunday in a letter to families. (WUSA)

CISO move: Data-center provider Equinix said Douglas Merrill has joined the company as CISO after serving as interim CISO for the past six months. Merrill, a former CISO at Google, was most recently a partner at consulting firm McKinsey. 

PHOTO: VINCENT TULLO FOR WSJ

Deep fake videos of Berkshire Hathaway CEO Warren Buffett are making rounds on YouTube, the company warned. The videos include comments Buffett has never made, Berkshire said: "Individuals who are less familiar with Mr. Buffett may believe these videos are real and be misled by the contents." (Reuters) 

 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten and James Rundle. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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