Cybersecurity Experts Warn of Escalating Threats as Major Brands Come Under Attack

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Cybersecurity experts are raising urgent concerns over a rising wave of sophisticated cyberattacks targeting global corporations. Recent breaches involving Hawaiian Airlines, Qantas, and insurance provider Aflac have exposed sensitive customer information, highlighting the growing risks in today’s digital landscape.

Doug Merritt, CEO of cloud security company Aviatrix, warned that many organizations still rely on outdated cybersecurity frameworks, leaving them open to increasingly advanced threats. He pointed to the misuse of artificial intelligence (AI) by cybercriminals, who now exploit vulnerabilities in cloud systems with greater precision.

Amy Bunn of McAfee echoed these concerns, noting that sectors like healthcare, finance, and retail are especially at risk due to the vast troves of personal data they handle. She emphasized that stolen information is often used for identity theft, fraud, or sold on the dark web.

Key incidents include:

Hawaiian Airlines: Breached in late June.

Qantas: Attacked in early July.

Aflac: Warned of a broader cyber campaign targeting the insurance industry.

The FBI has recently identified the hacker group Scattered Spider as expanding its operations to include airline systems.

Merritt estimates that up to 80% of cloud-based systems could be vulnerable due to misconfigurations, especially as more data moves across the open internet. Traditional, perimeter-based security methods are no longer effective, he added, and modern threats now target thousands of decentralized endpoints.

Bunn urged consumers to take personal responsibility for cybersecurity by using strong passwords, enabling two-factor authentication, avoiding suspicious messages, and using link-scanning tools. She warned that even those not directly affected by a breach may still become victims of phishing or identity theft.

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