Ransomware has grown more popular in part because it is not difficult to deploy. “A huge number of criminal groups across the globe are now adopting ransomware as one of their primary techniques because it is so easy to do,” says Dmitri Alperovitch, the co-founder of and chief technology officer at CrowdStrike, a cybersecurity firm. “A first-year computer-science student can do it and then you just sit back and wait for the money to hit your account.”
BDA is suing Wells Fargo on the basis that the U.S. bank should have flagged the transactions as suspicious.
Wells Fargo has countered that security lapses in BDA’s own operations caused the Ecuadorean bank’s losses. Hackers had secured a BDA employee’s SWIFT logon credentials, Wells Fargo said in a February court filing.
SWIFT, an acronym for the Society for Worldwide Interbank Financial Telecommunication, is not a party to the lawsuit.
Between Aug. 28, 2013, and Sept. 18, 2013, Firoozi repeatedly obtained unauthorized access to the SCADA systems of the Bowman Dam, and is charged with one substantive count of obtaining and aiding and abetting computer hacking. This unauthorized access allowed him to repeatedly obtain information regarding the status and operation of the dam, including information about the water levels, temperature and status of the sluice gate, which is responsible for controlling water levels and flow rates. Although that access would normally have permitted Firoozi to remotely operate and manipulate the Bowman Dam’s sluice gate, Firoozi did not have that capability because the sluice gate had been manually disconnected for maintenance at the time of the intrusion.
Remediation for the Bowman Dam intrusion cost over $30,000.
"Between Aug. 28, 2013, and Sept. 18, 2013, Firoozi repeatedly obtained unauthorized access to the SCADA systems of the Bowman Dam, and is charged with one substantive count of obtaining and aiding and abetting computer hacking. This unauthorized access allowed him to repeatedly obtain information regarding the status and operation of the dam, including information about the water levels, temperature and status of the sluice gate, which is responsible for controlling water levels and flow rates. Although that access would normally have permitted Firoozi to remotely operate and manipulate the Bowman Dam’s sluice gate, Firoozi did not have that capability because the sluice gate had been manually disconnected for maintenance at the time of the intrusion. Remediation for the Bowman Dam intrusion cost over $30,000."
Security reporter Olivia Eckerson learns the hard way about the uselessness of data breach notifications.
"Healthcare organizations are the Holy Grail for attackers as far as personal information goes. The data is comprehensive, it includes the most sensitive information about a person, and it has a long shelf life, which is why healthcare organizations have been regularly targeted by cybercriminals recently. The other problem is that healthcare organizations aren't equipped to handle the backlash of a cyberattack because they cannot "identify illicit records activity and put a stop to it," according to the 2014 Bitglass Healthcare Breach Report.
The current trend in class-action litigation makes thinking like a litigator imperative when working on what to do before and if a data breach occurs.
"when it comes to dealing with the legal aspects of data breaches, organizations must be able to explain in the aftermath that actions taken before and during the data breach were reasonable. To do that, both attorneys say responsible parties within the company need to plan ahead and think like litigators, which to them means abiding by the following.
Email was the primary means of attack, with 46% of computers infected by employees unwittingly clicking on a bogus email attachment or a malicious link. Nearly 70% of the infected computers, laptops & servers belonged to C-Suite executives and upper managers who are most likely to have sensitive and confidential files. Nearly 80% of the U.S. organizations breached had high-value data held for ransom.
For example, the Department of Homeland Security banned personal webmail for security reasons. However, DHS Secretary, Jeh Johnson, was exempted from this ban because he liked to check his personal email from the office.
If that seems like a familiar situation to you, that's because everyone who has ever worked in IT can tell horror stories about how C-Level executives are regularly exempted from security policy.
SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of "a number of recent cyber incidents" where attackers had sent fraudulent messages over its system.
Bangladesh's central bank was vulnerable to hackers because it did not have a firewall and used second-hand, $10 switches to network computers connected to the SWIFT global payment network, an investigator into one of the world's biggest cyber heists said.
Online extortion is on the rise. Not only have recent months seen an increase in distributed denial-of-service attacks with demands that companies pay up to have their website returned to normal working order, and even the theft of confidential data with threats that it will be released to the public if financial demands are not met, but there has been a noticeable increase in ransomware attacks too.
Quick action by utility staff to switch to "manual mode" and restore the system was impressive. Statements from utility staff to local media indicated the distribution system was being run without the benefit of their SCADA as it was still infected. Field staff at the impacted power companies manned required substations, transferring from "automatic to manual mode", and manually re-closed breakers to energize the system. Restoration varied but all services were restored in 3-6 hours. It is important to note that there are risks operating your system without the benefit of an automated dispatch control center and utilities that are more reliant on automation may not be able to restore large portions of their system this way. In many ways, the Ukrainian operators should be commended for their diligence and restoration efforts.
During the nightmarish weekend for Georgia voters after their private information was released, Secretary of State Brian Kemp is offering them free credit monitoring services for a year.
"The personal data released in the breach appear to have been inadvertently sent out last month to 12 organizations that regularly subscribe to “voter lists” maintained by the state. The groups receiving the data — delivered via compact discs — included state political parties, news media organizations and Georgia GunOwner Magazine.
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