Security News
The Association of German Chambers of Industry and Commerce was forced to shut down all of its IT systems and switch off digital services, telephones, and email servers, in response to a cyberattack. DIHK is a coalition of 79 chambers representing companies within the German state, with over three million members comprising businesses ranging from small shops to large enterprises in the country.
How can a CISO effectively explain the cost of a data breach to the company's Board? What type of information drives the point home for a non-technical audience? To explain the cost of a breach is highly dependent on the breach itself.
The costs incurred by organizations suffering data losses continue to go up, and 60 percent of companies surveyed by IBM said they were passing them onto customers. Almost 50 percent of the costs of a breach are incurred more than a year after the incident, IBM found.
A US managed service provider NetStandard suffered a cyberattack causing the company to shut down its MyAppsAnywhere cloud services, consisting of hosted Dynamics GP, Exchange, Sharepoint, and CRM services. According to an email sent to MyAppsAnywhere customers shared on Reddit, the company detected signs of a cyberattack on Tuesday morning and quickly shut down cloud services to prevent the attack's spread. "As of approximately 11:30 AM CDT July 26, NetStandard identified signs of a cybersecurity attack within the MyAppsAnywhere environment. Our team of engineers has been engaged on an active incident bridge ever since working to isolate the threat and minimize impact."
The Council of the European Union said today that Russian hackers and hacker groups increasingly attacking "Essential" organizations worldwide could lead to spillover risks and potential escalation. "This increase in malicious cyber activities, in the context of the war against Ukraine, creates unacceptable risks of spillover effects, misinterpretation and possible escalation," the High Representative on behalf of the EU said Tuesday.
Albania's online public services and websites have gone dark following what appears to be a cyberattack. According to a statement from the Albanian National Agency for Information Society, the websites of the Prime Minister's Office and Parliament have both been pulled as has, critically, the e-Albania portal used by residents and foreigners alike to access public services.
Security researchers are warning that hackers can abuse online programming learning platforms to remotely launch cyberattacks, steal data, and scan for vulnerable devices, simply by using a web browser. DataCamp provides integrated development environments to close to 10 million users that want to learn data science using various programming languages and technologies.
Email, according to SHI, came back yesterday and "The IT teams at SHI continue to work on bringing other systems back to full availability in a secure and reliable manner." SHI said "There is no evidence to suggest that customer data was exfiltrated during the attack" and that it was liaising with the FBI and CISA regarding the incident.
Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 500 companies worldwide, has registered an increase in malicious activity targeting law enforcement agencies at the beginning of Q2 2022. Threat actors are hacking email and other accounts which belong to law enforcement officers and their internal systems.
Cyberattacks interrupt unemployment benefits in multiple states. AP News found that several states are dealing with a disruption of unemployment benefits caused by cyberattacks, leading to missed payments for those still out of work.