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/   
Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessoftech.bsky.social