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PHOTO: RITCHIE B TONGO
/EPA/SHUTTERSTOCK
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The Chinese spy machine infiltrating Taiwan’s military: A campaign launched in March by Taiwan President Lai Ching-te to combat Chinese espionage and influence has yielded some high-profile arrests that shed new light on China’s strategy to undermine the island from within. (WSJ)
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Israeli lawmakers are due to debate a new cybersecurity proposal that would formalize the Israel National Cyber Directorate, the country's top cyber agency. If it passes, the proposal would also stipulate rules for reporting cyberattacks to the government, customers and business partners. The legislation would be Israel's first cyber reporting law. (Jerusalem Post)
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Russian military linked to an attempted hack of Poland's power provider last month. Data-wiping malware found in networks at the state-run electricity supplier contains some code found in other tools used by the so-called Sandworm unit of Russia's GRU main intelligence group, researchers at security provider ESET said. (Reuters)
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It was a down week for the Cyber Index. The weighted average of the top 20 cybersecurity firms by market cap dropped 3.3%. Leading losses was SailPoint, ending down 9%. Check Point Software and Cloudflare slid more than 6% for the week.
Lumen Technologies overcame early-week losses to finish up nearly 7%. Akamai Technologies joined Lumen as the only two stocks to finish up more than 5%.
— Jon Leckie
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Nike and Under Armour investigate alleged data breaches.
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Days after hacking group WorldLeaks posted online that it had stolen unspecified data from Nike, the apparel giant Nike said it is investigating the incident. (SecurityWeek)
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Under Armour said it is looking into the validity of online claims of the breach of 72 million customer email addresses. (InfoSecurity Magazine)
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Comcast agrees to pay $177.5 million to settle a class-action lawsuit over a 2023 cyberattack that compromised the data of more than 31.6 million people in the U.S.
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4.38 Million
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Number of AT&T customers who made claims for a piece of a $149 million settlement fund to compensate victims of a March 2024 data breach at the telecom company. That's far fewer than the 57 million whose information was exposed but a higher portion than is typical in a breach settlement. (News-Times)
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Webinar | Explore The Wall Street Journal: From Headlines to Action
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The Wall Street Journal helps your employees connect what’s happening in the world to your company goals. The Journal’s award-winning journalists interpret news and data to tell unbiased stories to help your employees stay informed and make confident decisions.
Join us Jan. 29 for a deep dive into the challenges that CFOs and other top executives are working to overcome, including the impact of tariffs and geopolitical conflicts on corporate finance and private equity. Register here.
Have a question to submit in advance? Write to wsjcorporate@dowjones.com and we’ll address it during the Q&A.
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