Microchip Technology revealed a $21.4 million cost incurred from a cyberattack in August 2024 in its quarterly report. SVP and CFO Eric Bjornholt stated that most of the expenses were due to the underutilization of factories caused by the incident.

Halliburton incurred $35 million in expenses due to a cyberattack in August 2024. The attack affected the company's ability to invoice customers and collect receivables, resulting in system outages.

Google Cloud announced that it will require multifactor authentication (MFA) for all users by the end of 2025. The company will roll out MFA in phases and start encouraging users to enroll this month.

Gartner's survey of 286 senior executives reveals that AI-assisted attacks are now considered the top emerging risk in businesses. Four out of five executives named AI-enhanced malicious attacks as their top concern in the third quarter of the year.

This initiative expands the USDA's Circuit Rider Program, offering cybersecurity support and training to small drinking and wastewater treatment facilities. The goal is to assess and improve the cybersecurity capacity of rural water utilities.

The exploitation is automated and involves data theft, including IPs, credentials, and configuration data of managed FortiGate devices. This marks the second actively exploited critical vulnerability involving Fortinet products recently.

Sophos is acquiring Secureworks for $859 million in a deal expected to close in early 2025. The acquisition aims to enhance Sophos' offerings and broaden its customer base by integrating Secureworks’ XDR capabilities.

The majority of global CISOs are feeling the pressure of increasing regulatory burdens, leading more than 80% to believe that their role should be split into two separate positions.

Marriott International has agreed to enhance its information security practices after facing charges related to three data breaches affecting 344 million people globally between 2014 and 2020.

The Counter Ransomware Initiative summit reinforced global efforts to combat ransomware, with 68 international members renewing their commitment over the four-day event in Washington.