Cloud Security News: Week in Review December 16th, 2016 Edition Cloud Security News: Week in Review is our blog series, grabbing the more interesting cloud security scoops from the web. Sit back,…

Cloud Security News: Week in Review December 16th, 2016 Edition

Alex O'Connor

As Marketing Specialist, Alex works on all things digital and creative, striving to successfully drive CloudLock’s marketing campaigns.

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Cloud Security News: Week in Review is our blog series, grabbing the more interesting cloud security scoops from the web. Sit back, relax, and catch up on all you should know about this week.

Remember back in September, when it was announced that Yahoo was hacked and 500 million user accounts were stolen? It turns out that wasn’t the end of the story. In other cyberattack news, KFC’s loyalty program in the U.K. and Ireland has been targeted, putting all 1.2 million members at risk of exposure. Lastly, it wouldn’t be a normal week in the cybersecurity world if there wasn’t a story about ransomware. This time, covering a new IBM Security report with some very surprising findings about the success rate of ransomware attacks. Read below for more in-depth recaps.

HackRead: Yahoo hacked; More than 1 billion user accounts impacted

By Waqas Amir (@Writerblues)

Reading this title and getting a case of deja vu? We are too. Unfortunately for Yahoo, it’s just been announced that a massive data breach occurred back in August 2013 — this one completely separate from the September 2014 breach, reported only 3 months ago. And here we thought 500 million compromised accounts was bad. According to sources, this newly revealed breach has affected over twice as many victims, with more than 1 billion user accounts reportedly compromised. We’ll all just have to wait and see what this means for the Verizon deal.   

Threatpost: KFC Warns 1.2 Million UK Customers of Colonel’s Club Breach

By Tom Spring (@zpring)

Colonel Sanders must be one unhappy camper right about now. KFC has just announced that 1.2 million members of its Colonel’s Club, a loyalty program offered to customers located in the U.K. and Ireland, are in danger of falling victim to cyberattacks. This comes after some members of the club were already targeted by a password attack, resulting in potentially stolen PII (such as names, addresses, and emails). If you happen to be a member of the club, reset your password immediately and make sure to change it for other sites that may use the same one.  

ZDNet: When hit with ransomware, most businesses pay up

By Natalie Gagliordi (@natalienoell)

IBM Security just released a new study that indicates ransomware attacks have increased by a whopping 6000% from last year. Despite FBI always advising companies not to pay ransomware attackers, IBM reports that almost 70% of businesses that have been targeted by attacks have paid hackers in return for their encrypted data. Read additional findings from the report in the full article.

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