In this episode, Jim Love discusses significant cybersecurity events including Coinbase's refusal to pay a $20 million ransom after a data breach, Broadcom's patch for VMware tools vulnerabilities, and Telegram's shutdown of two illegal marketplaces handling $35 billion in transactions. The episode also covers the Co-op’s preemptive measures to thwart a ransomware attack and the broader implications for cybersecurity in retail. Experts urge organizations to be prepared with strategic playbooks for potential cyber-attacks.
00:00 Introduction and Headlines
00:26 Telegram's $35 Billion Black Market Shutdown
01:59 Broadcom Patches VMware Tools Vulnerability
03:20 Coinbase Ransom Refusal and Data Breach
04:57 Co-op's Ransomware Defense Strategy
07:36 Conclusion and Upcoming Episodes