Cyberattack

Extreme Cyberattack Could Cost as Much as Superstorm Sandy, Says Insurer Lloyd’s of London

A global cyberattack has the potential to cost $120bn in economic losses, roughly the equivalent of a catastrophic natural disaster like 2012’s Superstorm Sandy, a scenario described in new research by Lloyd’s of London and Cyence, a cyber-risk analytics modeling firm.

U.S. Critical Infrastructure Will Be Attacked Within 2 Years, According to 2017 Black Hat Survey

According to a 2017 Black Hat Attendee Survey, cyberattacks on U.S. enterprise and critical infrastructure are coming soon, and in most cases defenders are not prepared.

U.S. Nuclear Power and Other Energy Companies Hacked by Russians According to Government Officials

Russian government hackers are reported to be behind latest cyber-intrusions into the business systems of U.S. nuclear power and other energy companies with efforts to assess networks.

Petya Ransomware Spreading Rapidly Worldwide, Effecting Banks, Telecom, Businesses, Power Companies

A large scale ransomware attack today is spreading rapidly worldwide, shutting down computers at corporates, power supplies, and banks across Russia, Ukraine, Spain, France, UK, India, and Europe and demanding $300 in bitcoins.

South Korean Banks Receive DDoS Threat from Hacker Group, Record Ransomware Payment Demanded

Various sources including South Korea's news agency Yonhap are reporting that a hacker group has threatened to launch a DDoS attack against seven South Korean banks unless they pay about 360 million won (US$315,000) in bitcoin.

Cyberattack on UK Parliament Halts Email Access

UK parliament has been the target of a "sustained and determined" cyberattack by hackers attempting to gain access to Member of Parliaments' and their staffers' email accounts.

Honda Halts Domestic Car Production Plant Due to WannaCry Virus in Computer Network

Production at a Honda domestic vehicle plant was halted for a day this week as a result of the discovery of WannaCry ransomware in the computer network, the company reports.

North Korea’s Spy Agency Behind WannaCry

According to a report from The Washington Post, the NSA has linked the North Korean government to the creation of the WannaCry ransomeware that resulted in affecting over 300,000 people in almost 150 countries last month.

FBI, DHS Release Technical Details on North Korea’s DDoS Botnet Infrastructure

U.S. Department of Homeland Security (DHS) and the FBI today released a technical alert based joint-effort analysis of methods behind North Korea’s cyberattacks.

Russian Interference More Vigorous than Assumed, Over 39 States Targeted During Election

"Voter databases and software systems in an overwhelming number of states -- 39 to be exact -- were targeted by Russian cyberattacks over the summer and fall of 2016," Allegra Kirkland reporting today in TPM

Major Flaw Found in WannaCry Raises Questions on Whether it was Really a Ransomware

An extensive analysis of WannaCry seems to indicate attackers would be unable to determine which users have paid the ransom and they cannot decrypt on a per-user basis.

Canadian Internet Registration Authority Launches Cloud-Based DNS Firewall Service

The Canadian Internet Registration Authority (CIRA) has announced the launch of a security service called D-Zone DNS Firewall -- a cloud-based cybersecurity solution -- to protect Canadian organizations from rasomware and malware.

Al Jazeera Under Systematic Cyberattack

The websites and digital platforms of Qatar-based Al Jazeera Media Network are undergoing systematic and continual hacking attempts, the news agency reported a few hours ago on its website.

NTIA Issues RFC, Asks for Input on Dealing With Botnets and DDoS Attacks

NTIA issued a Request for Comments today asking for broad input from "all interested stakeholders, including private industry, academia, civil society, and other security experts," on actions against botnets and distributed attacks.

Major Regulatory Changes Needed as Safety and Security Merge, Warns European Commission Report

As we increasingly move towards an IoT world, vendors of safety-critical devices will be patching their systems just as regularly as phone and computer vendors do now. Researchers warn that many regulators who previously thought only in terms of safety will have to start thinking of security as well.