Security News
Following a performance audit conducted between September 2019 and March 2021, GAO has discovered that the electricity grid's distribution systems are increasingly vulnerable to cyber-attacks and that the potential impact of such attacks is not yet clear. After conducting semistructured interviews with 38 key federal and nonfederal entities associated with the cyber-security of grid distribution systems and reviewing reports from both DOE and the Department of Homeland Security and other relevant documentation, GAO has concluded that, in its plans to implement the national cyber-security strategy, DOE needs to fully address cyber-risks to the grid's distribution systems.
Cylera announced the company secured $10 million in Series A funding, led by Concord Health Partners and Maverick Ventures. With the Series A close, Cylera brings the company's total funding to $17 million with investment from Concord Health Partners, Maverick Ventures, Contour Venture Partners, Two Sigma Ventures, Dreamit Ventures, Great Oaks Venture Capital, Red Bear Angels and Samsung NEXT. "Over the past year there has been a further acceleration of the digitalization and adoption of IoT devices across hospitals, pharmaceutical companies, biotech, life sciences and manufacturing, which can decrease operational risk and increase efficiencies," said Timur Ozekcin, Co-founder and CEO of Cylera.
COVID-19 dominated everyone's lives throughout 2020 but a new report from cybersecurity company Trend Micro found that the pandemic was also the main theme of nearly 16.5 million threats and attacks launched against its customers. The report found that most of the COVID-19-themed attacks came from the countries hit hardest by the pandemic, with nearly 40% of the threats coming from the United States.
Pentest People has announced its new Red Team Assessment Service which is designed to help organizations to improve their defences against advanced persistent threats. In a routine penetration test, organizations commission Pentest People's cybersecurity experts to test their websites, applications and IT systems for any weaknesses that could allow cybercriminals to steal information, damage IT systems, or hold data to ransom.
As dangerous attacks accelerate against Microsoft Exchange Servers in the wake of the disclosure around the ProxyLogon group of security bugs, a public proof-of-concept whirlwind has started up. Microsoft said in early March that it had spotted multiple zero-day exploits in the wild being used to attack on-premises versions of Microsoft Exchange servers.
Email scamming is still one of the most effective types of attacks in the coronavirus era, according to Kaspersky, since fear and anxiety are two of the most-exploited emotions for this kind of social-engineering attack. In 2020, delivery services entered the top ten most-spoofed organizations for these types of attacks, according to Kaspersky.
Brewing company Molson Coors acknowledged on Thursday that it has "Experienced a systems outage that was caused by a cybersecurity incident," according to a Form 8-K filed with the SEC. The company did not say which type of attack has caused widespread issues across its entire business - including its brewery operations, production and shipments - but given recent major attacks on other mainstream companies, security experts are speculating that it could have been a ransomware attack. "High-profile attacks are becoming all too common, as attackers have realized they are immensely more profitable when they target large organizations and disrupt their critical business operations - in this case, the brewing operations of the world's biggest, well-known beer brands," observed Edgard Capdevielle, CEO at Nozomi Networks, in an email to Threatpost.
The wave of big-name companies falling victim to disruptive malware attacks is showing no signs of slowing down with beverage conglomerate Molson Coors Beverage Company announcing on Thursday that it was recovering from an incident that severely disrupted its production operations. The company's disclosure of the incident, believed to be a ransomware infection, was contained in an 8K filing with the Securities and Exchange Commission that discusses an "a systems outage that was caused by a cybersecurity incident."
The Molson Coors Beverage Company has suffered a cyberattack that is causing significant disruption to business operations. Molson Coors is well-known for its iconic beer brands, including Coors Light, Miller Lite, Molson Canadian, Blue Moon, Peroni, Killian's, and Foster's.
A hospital in southwest France has seen some of its IT systems paralysed by a "Ransomware" cyberattack, its management said Tuesday, the third such incident in the last month. Hospital workers have had to revert to working with pens and paper, since digital patient records are not available.