Unknown Cybercriminal Accesses Early Settler Furniture's Customer Data; Information Available for Sale on Dark Web Marketplaces
In a concerning turn of events, Australian retailer Early Settler has fallen victim to a cyber attack, with data stolen by a hacker known as "ShadowCipher." The breach, which is currently under investigation, has prompted the company to review its security systems and prioritize a thorough investigation.
The incident serves as a stark reminder of the evolving sophistication of cyber threats and the commercial nature of cybercrime. The stolen data has been found to be offered for sale on a hacking forum, highlighting the commoditization and trading of such data in underground markets.
Peter Maloney, CEO of AUCyber, has emphasized the importance of this breach as it illustrates the growing complexity of cyber threats. He urges businesses to focus on building resilient systems, enhancing defensive measures, and monitoring and responding to emerging threats. Maloney also underscores the significance of securing both current and historical data, as archived data can still be a target for cybercriminals.
In response to the breach, Early Settler has informed the Office of the Australian Information Commissioner and the Australian Cyber Security Centre. The company is also in the process of notifying affected customers, ensuring transparency and accountability throughout the process.
As the investigation continues, Early Settler is working tirelessly to strengthen its cybersecurity defences and prevent such incidents from happening in the future. The breach serves as a wake-up call for all businesses to prioritize cybersecurity and protect their valuable data from potential threats.
Stay tuned for updates as more information becomes available.
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