Security News
The world's largest meat processing company says it paid the equivalent of $11 million to hackers who broken into its computer system late last month. Brazil-based JBS SA said on May 31 that it was the victim of a ransomware attack, but Wednesday was the first time the company's U.S. division confirmed that it had paid the ransom.
SMART Modular Technologies announced its T5PFLC FIPS 140-2 SSDs which provide certified authentication, sophisticated encryption, and are available in capacities from 120GB - 2TB. FIPS 140-2 is a National Institute of Standards and Technology standard that outlines a set of security criteria to enable the safe handling of sensitive information, and is a requirement for all U.S. Federal government applications as well as most other high-security applications. SMART's FIPS 140-2 designation signifies that these SSDs contain cryptographic components that have been validated to NIST FIPS 140-2 Level 2 Standard which provides assurance that electronic information is highly protected and meets the stringent classification standards required by the government.
The Spanish Ministry of Labor and Social Economy is working on restoring services after being hit by a cyberattack on Wednesday. "The Ministry of Labor and Social Economy has been affected by a computer attack," MITES' media office said earlier today.
A pipeline company CEO on Tuesday defended his decisions to abruptly halt fuel distribution for much of the East Coast and pay millions to a criminal gang in Russia as he faced down one of the most disruptive ransomware attacks in U.S. history. Colonial Pipeline CEO Joseph Blount said he had no choice, telling senators uneasy with his actions that he feared far worse consequences given the uncertainty the company was confronting as the attack unfolded last month.
New York City's law department was been hit with a cyberattack that forced officials to take the 1,000-lawyer agency offline, but Mayor Bill de Blasio said he believes no data was compromised in the hack. City officials said they disconnected the law department's computers from the city's network on Sunday, after discovering the cyberattack.
United States trucks and military vehicles maker Navistar International Corporation has confirmed a cyberattack that resulted in some data being stolen. On Monday, in a Form 8-K filing with the Securities and Exchange Commission, Navistar said it earned of a credible potential cybersecurity threat to its information technology system on May 20, 2021.
Energy Secretary Jennifer Granholm on Sunday called for more public-private cooperation on cyber defenses and said U.S. adversaries already are capable of using cyber intrusions to shut down the U.S. power grid. She added: "Even as we speak, there are thousands of attacks on all aspects of the energy sector and the private sector generally."
Information Services Group launched an expanded global cybersecurity unit to help clients contend with the growing threat of cyberattacks in an increasingly connected and vulnerable technology environment. ISG Cybersecurity is a dedicated, vendor-agnostic business unit that supports enterprise clients in addressing the exponential increase in threat actors and the growing complexity of cybersecurity operating models.
A reported ransomware attack on Cox Media Group has crippled streaming and other internal operations of dozens of radio and television stations scattered across America's 20 broadcast markets. Recorded Future first reported the ransomware attack and others news outlets quickly confirmed CMG feeds were being disrupted - including streaming service Hulu.
The report explores the impact of cyberattacks and breaches on organizations and details how security teams are adapting to these challenges. Following a year that saw accelerated digital transformation along with an anywhere workforce, security teams now face evolving cybersecurity threats as cybercriminals seized the opportunity to execute targeted attacks exploiting fast-tracked innovation and remote work.