Cisco's Duo Incident, Ransomware Victims and Backup Compromises, Cyber Salaries Revealed

In this episode of "The Business of Tech," we discuss cybersecurity incidents and studies revealing concerning trends in the industry. We highlight Cisco's Duo security incident involving a threat actor accessing MFA SMS logs through a phishing attack on a supplier. Additionally, we cover studies showing the high salaries in cybersecurity, but also the gender and ethnic disparities present.  Stay informed and protected in the world of tech.Three things to know today 00:00 Cisco's Duo Security Incident: Threat Actor Accesses MFA SMS Logs Through Supplier Phishing Attack03:37 Sophos Study Reveals Alarming Trend: 94% of Ransomware Victims Had Backups Compromised05:58 ISC2 Study: Cybersecurity Salaries High, But Gender and Ethnic Disparities Challenge the Sector  Supported by:  https://www.bitdefender.com/business/products/msp-security-solutions.htmlhttps://huntress.com/mspradio/     💼 All Our SponsorsSupport the vendors who support the show:👉 https://businessof.tech/sponsors/ 🚀 Join Business of Tech PlusGet exclusive access to investigative reports, vendor analysis, leadership briefings, and more.👉 https://businessof.tech/plus 🎧 Subscribe to the Business of TechWant the show on your favorite podcast app or prefer the written versions of each story?📲 https://www.businessof.tech/subscribe 📰 Story Links & SourcesLooking for the links from today’s stories?Every episode script — with full source links — is posted at:🌐 https://www.businessof.tech 🎙 Want to Be a Guest?Pitch your story or appear on Business of Tech: Daily 10-Minute IT Services Insights:💬 https://www.podmatch.com/hostdetailpreview/businessoftech 🔗 Follow Business of Tech LinkedIn: https://www.linkedin.com/company/28908079YouTube: https://youtube.com/mspradioBluesky: https://bsky.app/profile/businessof.techInstagram: https://www.instagram.com/mspradioTikTok: https://www.tiktok.com/@businessoftechFacebook: https://www.facebook.com/mspradionews Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.