Friday afternoon, reports surfaced that a foreign nation had compromised newly-discovered flaws in the Microsoft Exchange Server email software and breached the cybersecurity efforts of more than 60,000 known victims.
Unlike previously reported hacks linked to espionage and high-value organizations, such as the federal government and large corporations, this one involved the private data of small businesses and local governments.
This attack is on the heels of the SolarWinds' software breach and makes it unambiguously clear that American companies of all sizes and industries are targets for (and vulnerable to) this kind of cybersecurity hacking; directly and through vendor software. The all-in business and legal costs associated with such breaches regularly reach into the millions of dollars according to the Ponemon Institute's most recent study. read the rest here