Security News

The US Federal Reserve suffered a massive IT systems outage today that prevented wire transfers, ACH transactions, and other services from operating. When performing a US wire transfer or ACH withdrawal/deposit, the transaction first goes through the Federal Reserve Bank systems who facilitate the transaction.

The US Federal Reserve suffered a massive IT systems outage today that prevented wire transfers, ACH transactions, and other services from operating. When performing a US wire transfer or ACH withdrawal/deposit, the transaction first goes through the Federal Reserve Bank systems who facilitate the transaction.

Rob Robinson, client partner in utilities practice for Capgemini, talks with TechRepublic about what the catastrophic outages in Texas should teach us about predicting threats to U.S. the power grid.

I think what you're going to see is that in the normal band of operation, I think, not just in Texas, but around the country, there's a lot of scenario planning, there's a lot of analytics that are present and used up from real-time, what they call, state estimation and situational wellness to situational awareness all the way to 20-year modeling to keep this grid stable. I think it's going to be a combination of modeling, not just the power grid, but the gas grid, of that water infrastructure-there's a whole huge behavioral modeling frontier that's going to be opened up.

A week-long outage for Kia is reportedly connected to a ransomware attack from the DoppelPaymer gang, says BleepingComputer. Kia Motors America may have been hit by a ransomware attack that has taken down some of its key customer-facing services.

Carmakers Kia and Hyundai, both owned by the South Korea-based Hyundai Motor Group, said they had found no evidence that the outages they suffered in the past week in the United States were the result of a ransomware attack. "Kia Motors America, Inc. has been experiencing an extended systems outage since Saturday but can confirm that the UVO app and owner's portal are now operational," Kia told SecurityWeek in a statement on Thursday.

Available through the Datadog Marketplace, this new integration enables IT Ops, DevOps, and SRE teams to easily start ingesting events and metrics from Datadog into the Moogsoft Observability Cloud. "Customers rely on Datadog to quickly be alerted on production issues and help them find resolutions," said Ilan Rabinovitch, Vice President of Product and Community at Datadog.

Kia Motors USA is experiencing a nationwide outage affecting IT servers, self-payment phone services, dealer platforms, and phone support. The outage started Saturday when the Kia Owners Portal went offline and began displaying an error message stating that Kia was "Experiencing an IT service outage that has impacted some internal networks."

Cisco's SpamCop anti-spam service suffered an outage Sunday after its domain was mistakenly allowed to expire. SpamCop provides a Real-time Blackhole List that mail servers can use to determine if incoming mail should be considered spam.

The report reveals a disruptive year of workforce transformation forced by the COVID-19 shutdowns during which respondents also handled expensive fallouts from network outages and data breaches. The majority of network outages exceeds $1 million in damages: 60% of network outages cost at least $1 million in operational disruptions, reputational damage, lost data, and financial losses.