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Rapid cyberattacks demand modernized security, says Palo Alto CEO

Nikesh Arora the CEO of Palo Alto Networks, told Jim Cramer on CNBC’s “Mad Money” that companies need to modernize their cybersecurity systems. The executive explained that hackers are moving faster and attacking companies more effectively than before. During the interview, he stated that companies with outdated security systems must pay attention to cyber attack s. He highlighted that the challenge isn’t the absence of cyber security vendors but the presence of a fragmented and sometimes outdated security infrastructure. Arora urged businesses to have a roadmap for modernizing their cyber security and adopting AI-based systems, noting that cyber attack s are now happening in hours rather than days. “Listen, you need to have a two- or three-year road map to try and modernize all of that. Put that in some sort of an AI stack, so you can actually do this in more real time. Because the bad actors are moving faster.” Nikesh Arora, CEO of Palo Alto Networks This empha...

LastPass attacker stole password vault data, showing Web2's limitations

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LastPass users with weak master passwords may need to change the individual passwords they stored with the service. Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing. Notice of Recent Security Incident - The LastPass Blog#lastpasshack #hack #lastpass #infosec https://t.co/sQALfnpOTy — Thomas Zickell (@thomaszickell) December 23, 2022 LastPass first disclosed the breach in August 2022 but at that time, it appeared that the attacker had only obtained source code and technical information, not any customer data. However, the company has investigated and discovered that the attacker used this technical information to attack another employee’s device, which was then used to obtain keys to customer data stored in a cloud storage system. As a result, ...