Banks Rethink Cybersecurity Amid Rise of Credential-Based Compromise

CISA Warns of Credential Risks Amid Reports of Oracle Cloud Legacy Breach

The Cybersecurity and Infrastructure Security Agency (CISA) is raising alarms after public reports surfaced alleging unauthorized access to a legacy Oracle cloud environment — a development that could expose a wide swath of credential material and ripple across enterprise systems worldwide.Although the scope and impact of the incident remain under investigation, CISA has issued an urgent advisory emphasizing the significant risks posed by compro…

Banks Rethink Cybersecurity Amid Rise of Credential-Based Compromise

The image of a hacker furiously typing strings of code to brute-force their way into a corporate server is becoming outdated. Today, the most dangerous cyber intrusions can come not from forced entries, but from front doors to organizational perimeters being quietly opened with valid credentials. Financial institutions, long the crown jewels of cyber targets, are falling prey not to systems being broken, but to trust being exploited. It’s an eme…