Here’s the latest installment of the Hacks, Attacks and Breaches cybersecurity news update.
The Logically team provides top cyber security stories every week to keep you up to date on the latest news headlines on cybersecurity, hacking, computer security, ransomware and other cybersecurity threats.
Flagstar Bank: Banking & Financial Services
Risk to Small Business: Flagstar Bank disclosed that they’ve had a data breach that impacts an estimated 1.5 million customers. The Michigan-based bank says that the cyberattack occurred on Dec. 3 and Dec. 4, 2021. However, the company did not determine who was affected until June 2022. The data breach happened during Flagstar Bancorp’s acquisition by New York Community Bank. The US financial organization is headquartered in Michigan and operates over 150 branches in areas including Indiana, California, Wisconsin, and Ohio.
How it Could Affect Your Business: Banking & Finance was the sector that experienced the most cyberattacks including ransomware in 2021.
ADM Associates, Inc.
ADM Associates: Energy Consulting
Risk to Small Business: Energy evaluation company ADM Associates has reported a data breach impacting consumers. The company said that between August and September 2021 an unauthorized individual may have accessed and acquired certain information from its systems. ADM associates does energy research and evaluation for public utility companies. Affected individuals have been informed via letter and the company is offering free credit monitoring.
How it Could Affect Your Business: SMBs that handle, or store large amounts of data have been high on cybercriminal shopping lists, particularly in recent months.
Atrium Health: Medical System
Risk to Small Business: North Carolina-based Atrium Health has announced a data breach impacting 7,000 patients. The healthcare provider says that an employee at Atrium Health at Home fell victim to a phishing attack, resulting in bad actors accessing that employee’s email and messaging account in April 2021. Atrium is mailing letters to the affected patients and hasn’t determined whether the unauthorized user accessed the protected health information in the accounts.
How it Could Affect Your Business: Healthcare data is always a desirable commodity for bad actors and letting them get their hands on it is always an expensive mistake for healthcare providers.