Theft in cybersecurity covers stolen data, credentials, devices, and funds, often creating risks of unauthorized access, fraud, and privacy loss.
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Background for this topic.
Unauthorized taking or copying of information, credentials, intellectual property, or digital assets is cyber theft. News under this tag may involve stolen passwords, payment data, personal information, source code, cloud tokens, cryptocurrency, or sensitive business files. Theft can result from phishing, malware, compromised accounts, insider access, exposed storage, or the loss of an unencrypted device; the relevant issue is the unauthorized acquisition or control of an asset, whether or not the attacker also alters systems.
Security teams should identify where valuable data and credentials are stored, restrict access by role, require strong authentication, encrypt data at rest and in transit, and monitor unusual downloads or transfers. Vulnerability management matters when flaws expose databases, endpoints, or cloud services to unauthorized retrieval. After suspected theft, preserving logs, revoking tokens and credentials, determining what was accessed or copied, and assessing privacy or notification obligations are central to containing the incident and measuring its impact.
Former Amazon security engineer Shakeeb Ahmed pleaded guilty this week to hacking and stealing over $12.3 million from two cryptocurrency exchanges in July 2022. [...]
Cold storage and logistics giant Americold has confirmed that over 129,000 employees and their dependents had their personal information stolen in an April attack, later claimed by Cactus ransomware. [...]