French Government Says 1.2 Million Bank Accounts Exposed in Breach

Nevertheless, individuals have been warned of potential scams and phishing attempts.Michael Jepson, penetration testing manager at CybaVerse, commented, “If individual members of an organisation can access large volumes of sensitive data unilaterally, this creates a structural weakness where a single set of compromised credentials can lead to widespread data exposure. Any policy that allows broad access to sensitive systems via a single identity, without additional safeguards, introduces significant risk.”“Traditionally, access scope often increased with seniority, an approach that is now widely recognised as problematic in modern threat environments,” Jepson said via email.“Modern security practice recognises that access should be determined strictly by operational need rather than hierarchy. Senior figures are frequently primary targets for threat actors, which makes excessive privilege particularly dangerous,” he added.Related:Cyberattack Disrupts France’s Postal Service and Banking During Christmas RushRelated:Data Stolen in Eurofiber France HackRelated:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

Michael Jepson, penetration testing manager at CybaVerse, commented, “If individual members of an organisation can access large volumes of sensitive data unilaterally, this creates a structural weakness where a single set of compromised credentials can lead to widespread data exposure. Any policy that allows broad access to sensitive systems via a single identity, without additional safeguards, introduces significant risk.”“Traditionally, access scope often increased with seniority, an approach that is now widely recognised as problematic in modern threat environments,” Jepson said via email.“Modern security practice recognises that access should be determined strictly by operational need rather than hierarchy. Senior figures are frequently primary targets for threat actors, which makes excessive privilege particularly dangerous,” he added.Related:Cyberattack Disrupts France’s Postal Service and Banking During Christmas RushRelated:Data Stolen in Eurofiber France HackRelated:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

“Traditionally, access scope often increased with seniority, an approach that is now widely recognised as problematic in modern threat environments,” Jepson said via email.“Modern security practice recognises that access should be determined strictly by operational need rather than hierarchy. Senior figures are frequently primary targets for threat actors, which makes excessive privilege particularly dangerous,” he added.Related:Cyberattack Disrupts France’s Postal Service and Banking During Christmas RushRelated:Data Stolen in Eurofiber France HackRelated:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

“Modern security practice recognises that access should be determined strictly by operational need rather than hierarchy. Senior figures are frequently primary targets for threat actors, which makes excessive privilege particularly dangerous,” he added.Related:Cyberattack Disrupts France’s Postal Service and Banking During Christmas RushRelated:Data Stolen in Eurofiber France HackRelated:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

Related:Cyberattack Disrupts France’s Postal Service and Banking During Christmas RushRelated:Data Stolen in Eurofiber France HackRelated:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

Related:Data Stolen in Eurofiber France HackRelated:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

Related:Feds Seize Password Database Used in Massive Bank Account Takeover Scheme

Eduard Kovacs (@EduardKovacs) is the managing editor at SecurityWeek. He worked as a high school IT teacher before starting a career in journalism in 2011. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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