The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.
© 2024 TheOutpost.AI All rights reserved
Curated by THEOUTPOST
On September 20, 2024
2 Sources
[1]
Report: Disney Cuts Ties With Slack After Data Heist | PYMNTS.com
Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. Chief financial officer Hugh Johnston announced the change this week, the Wall Street Journal (WSJ) reported Thursday (Sept. 19), citing an internal memo reviewed by the news outlet. That memo said many teams at the entertainment behemoth had begun switching over to "streamlined enterprise-wide collaboration tools." "Where we have opportunities to leverage more integrated tools and platforms we should," the memo said. The move comes after a hacker stole a terabyte worth of data -- including 44 million messages and more than 18,800 spreadsheets and at least 13,000 PDFs -- and leaked it online. This included financial and strategy information, the WSJ said, along with personally identifiable information for employees and customers. PYMNTS has contacted Disney and Slack-owner Salesforce for comment but has not yet gotten a reply. As covered here in July, the material was published by an anonymous hacking group known as "Nullbulge," which has used Trojan horse tactics to distribute malicious software, hiding it in free add-ons for games and AI image generation software. The hack comes in the midst of what PYMNTS has called "the year of the cyberattack," following damaging attacks on several high-profile companies and organizations. In the past year, 82% of eCommerce merchants suffered cyber or data breaches, with 47% saying the breaches resulted in both lost revenue and lost customers, according to "Fraud Management in Online Transactions," a PYMNTS Intelligence and Nuvei report. As PYMNTS wrote soon after the Disney breach was reported, this sort of incident underlines the need for fault tolerance. The stakes are high, that report added, noting that breaches can cost companies millions, harm reputations and weaken customer trust. To reduce these risks, the emphasis must pivot from a purely preventive approach to a strategy that balances prevention with robust response and recovery. "The barrier for entry has never been lower for threat actors," Sunil Mallik, chief information security officer at Discover® Global Network, told PYMNTS in a recent interview, adding that the cost of computing power has decreased drastically over the past decade, making it easier for criminals to get access powerful tools and carry out sophisticated attacks. "It's a combination of defenses at the human layer, controls at the network layer, application layer and business process layer," Mallik added. "This is complemented by continuous monitoring of the external threat environment."
[2]
Disney to stop using Salesforce-owned Slack after hack exposed company data
Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity leaked online more than a terabyte of company data, according to a report in the Status media newsletter. Disney's CFO Hugh Johnston said most of the media and entertainment company's businesses would stop using the service later this year, the report said. Click here to connect with us on WhatsApp Many teams have already started transitioning to streamlined enterprise-wide collaboration tools, according to the report. Disney and Salesforce's Slack did not immediately respond to Reuters requests for comment. Hacking group NullBulge had published data from thousands of Slack channels at the entertainment giant, including computer code and details about unreleased projects, the Wall Street Journal reported in July. The data spans more than 44 million messages from Disney's Slack workplace communications tool, WSJ reported earlier this month. More From This Section Taiwan questions head of pager firm linked to recent Hezbollah blasts Google antitrust trial: Documents say one thing, witnesses something else Eli Lilly wants records of people who took copies of its weight-loss drug Social media users lack control over data used by AI, says US FTC Donald Trump's new tariff plan falls well short of filling his budget hole The company had said in August it was investigating an unauthorized release of over a terabyte of data from one of its communication systems. NullBulge compromises software supply chains by exploiting code on GitHub and Hugging Face, collaborative coding platforms, and tricks users into downloading malicious files, as per SentinelOne's threat intelligence and malware analysis team. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) Also Read Network18 Media & Investments gets 3 months extension for convening AGM Newly merged Star India-Viacom18 to boast cash reserves of over Rs 19K cr Disney, DirecTV fail to reach distribution deal, subscribers lose access Deal with Disney marks new era in entertainment industry: Mukesh Ambani CCI gives nod to $8.5 bn Disney-Reliance media assets merger deal
Share
Share
Copy Link
Disney has decided to discontinue its use of Slack, the popular workplace communication platform owned by Salesforce, after a significant data breach exposed sensitive company information.
The Walt Disney Company has made the decisive move to sever its relationship with Slack, the widely-used workplace messaging platform owned by Salesforce. This decision comes in the wake of a major security breach that exposed sensitive company data 1. The incident has raised serious concerns about the security measures in place to protect corporate information on cloud-based communication platforms.
According to reports, the data breach occurred when hackers gained unauthorized access to Disney's Slack workspace. The exact details of the breach and the extent of the data compromised have not been fully disclosed. However, the incident was significant enough to prompt Disney to take immediate action to protect its intellectual property and confidential information 2.
The decision to discontinue the use of Slack is expected to have a substantial impact on Disney's internal communications. Slack had been widely adopted across various departments within the company, facilitating real-time messaging, file sharing, and collaboration among employees. The sudden shift away from this platform will likely require a significant adjustment period for Disney's workforce.
While Disney has not officially announced a replacement for Slack, industry experts speculate that the company may either develop its own proprietary communication platform or adopt another enterprise-level solution with enhanced security features. The move highlights the growing importance of cybersecurity in corporate communications and the need for robust protection against data breaches.
This incident serves as a wake-up call for other large corporations relying on third-party communication platforms. It underscores the potential vulnerabilities in cloud-based services and the need for constant vigilance in protecting sensitive corporate data. The breach may lead to increased scrutiny of Slack's security measures and could potentially impact its standing in the competitive enterprise communication market 1.
As the parent company of Slack, Salesforce faces significant pressure to address the security concerns raised by this incident. The company has not yet issued a comprehensive statement regarding the breach or the specific measures it plans to implement to prevent similar occurrences in the future. This silence may further erode trust among its enterprise clients and could potentially lead to other high-profile departures from the platform 2.
Reference
[2]
A hacking group has reportedly stolen over 1 terabyte of data from Disney's internal Slack messages. The breach, allegedly in protest against AI-generated artwork, has raised concerns about corporate cybersecurity and the use of AI in creative industries.
12 Sources
A security flaw in Slack's AI feature exposed private information, including login details. The issue highlights the potential risks of AI integration in workplace communication tools.
3 Sources
Disney is developing new technology to enhance its streaming profitability, potentially rivaling Netflix's success. This move comes as both companies navigate the competitive streaming landscape.
2 Sources
Disney emphasizes the importance of culturally authentic content for the Indian market. The company recognizes India's significant potential as an entertainment consumption market and plans to capitalize on these opportunities.
2 Sources
Slack, the popular workplace communication platform, has introduced a suite of AI-powered tools and chatbots to enhance productivity and streamline workflows. This move positions Slack as a hub for AI agents in the enterprise space.
11 Sources