Missing MFA Strikes Again: Hacker Hits Collaboration Tools

Summary

- Hackers are stealing terabytes of data from cloud-based collaboration tools. - Initial access brokers are auctioning large volumes of stolen data.

Why It Matters for Texas Credit Unions

Texas credit unions, like all CUs, use cloud-based tools and need to ensure robust security measures to protect sensitive data.

Original Source Material

Terabytes of Data Stolen From Cloud-Based Collaboration Tools, Researchers Warn Dozens of organizations that use real-time content collaboration platforms appear to have lost not only credentials but also terabytes of hosted data to information-stealing malware being wielded by an initial access broker with a sideline in auctioning large volumes of stolen data.