Let’s review some of the recent hacks.
Hackers gained access to several months of AT&T call logs through a cybersecurity breach via the third-party cloud computing platform Snowflake. The stolen data includes records of calls and texts but not the content or personal information. The breach affects nearly all AT&T cellphone users, and the company has closed off the security breach and apprehended at least one person.
CDK CEO Brian MacDonald has promised dealers “some financial relief” for interruptions caused by cyberattacks on June 19. This comes after a massive shutdown of CDK’s dealership management system across North America.
And something to worry about Cybersecurity experts are warning of an unprecedented threat of cyberattacks during the Paris Olympics 2024. The International Data Corporation (IDC) predicts that the event will see the largest number of threats and the highest degree of ease for threat actors to execute attacks. The IDC also notes that French authorities are taking measures to protect the games from cyberattacks. Despite the risks, cybersecurity efforts in France are believed to be strong, and the threat to the Olympic Games themselves from state-sponsored cyberattackers is considered low.
Why do we care?
For IT service providers, these incidents highlight the importance of securing third-party integrations, enhancing cloud security, ensuring business continuity, and preparing for high-profile event security. Snowflake’s breach is all about credential management – and it continues to cause damage.