Security News

Cybersecurity recovery is a process that starts long before a cyberattack occurs
2022-11-03 04:30

A great cybersecurity recovery program can save businesses from long-term damage and save them money. Until recent years, this cybersecurity recovery investment would be spent on an annual tabletop exercise or disaster recovery test and auditing recovery plans.

Cyberattacks in healthcare sector more likely to carry financial consequences
2022-10-31 04:00

Netwrix announced additional findings for the healthcare sector from its global 2022 Cloud Security Report, revealing that 61% of respondents in the healthcare industry suffered a cyberattack on their cloud infrastructure within the last 12 months, compared to 53% for other verticals. "The healthcare sector is a lucrative target for attackers because the chances of success are higher. The first two years of the pandemic exhausted the industry. With patient health being the main priority for these organizations, IT security resources are often too stretched and are focused on maintaining only the most necessary functions," comments Dirk Schrader, VP of Security Research at Netwrix.

Largest EU copper producer Aurubis suffers cyberattack, IT outage
2022-10-28 17:16

German copper producer Aurubis has announced that it suffered a cyberattack that forced it to shut down IT systems to prevent the attack's spread. Aurubis is Europe's largest copper producer and the second largest in the world, with 6,900 employees worldwide, and produces one million tonnes of copper cathodes yearly. In an announcement published on their website, Aurubis says they shut down various systems at their locations but that it has not impacted production.

Wholesale giant METRO hit by IT outage after cyberattack
2022-10-21 17:27

International wholesale giant METRO is experiencing infrastructure outages and store payment issues following a recent cyberattack. Even though its stores are still operating, METRO says that it was forced to set up offline payment systems and that online orders are delayed.

Insurer Medibank hit by targeted cyberattack
2022-10-13 13:50

Medibank, a private health insurer in Australia with 3.7 million customers, has confirmed today it is the latest business down under to fall victim to a digital break-in. "The work we have done today continues to show no evidence that customer data has been accessed, however our investigation is ongoing," Medibank added.

For most companies ransomware is the scariest of all cyberattacks
2022-10-12 03:00

SonicWall released the 2022 SonicWall Threat Mindset Survey which found that 66% of customers are more concerned about cyberattacks in 2022, with the main threat being focused on financially motivated attacks like ransomware. "It's likely we'll see continued acceleration and evolution of ransomware tactics, as well as other advanced persistent threats, as cybercrime continues to scale the globe seeking both valuable and weak targets."

ADATA denies RansomHouse cyberattack, says leaked data from 2021 breach
2022-10-08 15:18

Taiwanese chip maker ADATA denies claims of a RansomHouse cyberattack after the threat actors began posting stolen files on their data leak site. The RansomHouse gang added ADATA files to their data leak site on Tuesday, claiming they stole 1TB worth of documents in a 2022 cyberattack.

Australian Federal Police arrest man suspected of exploiting Optus cyberattack
2022-10-06 12:30

Aussie police have cuffed a 19-year-old Sydney resident accused of trying to extort money from victims of the recent cyberattack and digital burglary at national telecommunications provider Optus. The Australian Federal Police said today it was alerted to the blackmail attempt when some Optus customers were told to transfer AU$2,000 to a bank account or have their personal data used for financial crimes.

FBI: Cyberattacks targeting election systems unlikely to affect results
2022-10-05 21:49

The Federal Bureau of Investigation and the Cybersecurity and Infrastructure Security Agency in a public service announcement says that cyber activity attempting to compromise election infrastructure is unlikely to cause a massive disruption or prevent voting. "As of the date of this report, the FBI and CISA have no reporting to suggest cyber activity has ever prevented a registered voter from casting a ballot, compromised the integrity of any ballots cast, or affected the accuracy of voter registration information," PSA from the FBI and CISA. "Any attempts tracked by FBI and CISA have remained localized and were blocked or successfully mitigated with minimal or no disruption to election processes," the two agencies says in the report.

Moody's turns up the heat on 'riskiest' sectors for cyberattacks
2022-10-03 06:33

About $22 trillion of global debt rated by Moody's Investors Service has "High," or "Very high" cyber-risk exposure, with electric, gas and water utilities, as well as hospitals, among the sectors facing the highest risk of cyberattacks. For its Cyber Heatmap, Moody's looks at two factors, exposure and mitigation, and weighs both across all of the sectors it rates.