Cyber Security News

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Ransomware attack knocks some Sinclair television stations off the air The company says hackers targeted several of its servers and
China Is Watching You With generous state support at home and low-cost sales abroad, Hikvision has become a world heavyweight.
Microsoft branded 'best malware hoster'. Why? OneDrive abuse Infosec pro: 'OneDrive abuse has been going on for years' Microsoft branded
New report suggests Israel is country most affected by ransomware since 2020 Cybersecurity firm commissioned by Google says #Israel has
Warren's ransomware bill victimizes targets to collect data Companies and federal agencies should work as partners in combating ransomware, as
Russia excluded from 30-country meeting to fight ransomware and cyber crime Russia was not invited to attend a 30-country virtual
October is high season for cyber attacks as attackers exploit natural disasters A study by InfoSec Institute indicates that there
Iranian hackers targeting US, European and Israeli defence firms, says Microsoft Iranian hackers have been detected trying to infiltrate American,
A Pentagon official said he resigned because US cybersecurity is no match for China, calling it 'kindergarten level' Nicolas Chaillan,
Hackers of SolarWinds stole data on U.S. sanctions policy, intelligence probes The suspected Russian hackers who used SolarWinds and Microsoft

Cyber Security News

Why track cyber security news? Cyber security is a world unto itself. It’s a profession, an IT discipline and now a major industry. Companies, consumers and governments are spending billions of dollars a year on cyber security. Security also pervades many areas of life that have little to do, seemingly, with cyberspace. Thus, to keep up with the world in general, it’s helpful to stay aware of news that relates to cyber security.

For example, the dispute between the US government and Huawei is at once about international trade, national security, telecom industry competition… and cybersecurity. Security is a root issue with Huawei, given the suspicions about the company’s connections to the Chinese Communist Party (CCP). However, the company’s size, reach and technological innovation push the matter to the forefront of US-China relations.

cyber security newsOr, take consumer cyber risks. We cover cyber security news that deals with consumers’ exposure to cybercrime and fraud. Consumers are increasingly at risk for identity theft, credit card and other malfeasance at the hands of cyber criminals. The articles we curate on this subject come from law enforcement publications, mainstream media and specialized blogs.

Public policy is now being influenced (or should be) by cyber security news. Policy makers should be aware of how cyber security affect their jobs and constituents’ lives. For instance, the “smart city” is both an innovation and a threat. Using IoT sensors and advanced data analytics to improve municipal services is a great idea. However, the smart city also exposes government data to breach.

This is particularly urgent given the relatively insecure technologies (e.g. Chinese-made sensors) used for the smart city and the wireless connectivity that make it all possible. Add malicious nation-state actors to the mix, such as the ones currently paralyzing American cities with ransomware, and one can see the potential danger.

 

News Insights: Ransomware attack knocks some Sinclair television stations off the air

Ransomware attack knocks some Sinclair television stations off the air

The company says hackers targeted several of its servers and workstations, and took unspecified data.

Ransomware attack knocks some Sinclair television stations off the air

News Insights:

John Shier, Sophos senior security advisor at Sophos:

“While unfortunate, it is not surprising that a large media company like Sinclair fell victim to such an attack. The attack prevented affiliates from broadcasting local content and news, potentially denying many viewers important and timely information. Continued vigilance remains a key priority for businesses of all sizes and in every industry. The attack has demonstrated, yet again, how disruptive such an attack can be. We’re in the midst of a ransomware crisis, and the epidemic is quickly intensifying with businesses around the globe and across every sector increasingly under attack by ransomware criminals. 32% of media, entertainment and leisure organizations experienced a ransomware attack in 2020, according to Sophos’ 2021 State of Ransomware report. The average ransom paid in this industry is $134,125, with total remediation costs totaling $1.36 million on average. Furthermore, nearly half of organizations in this industry say they haven’t yet been attacked but expect to be in the near future.”

 

Saryu Nayyar, CEO, Gurucul (she/her):

“Sinclair TV seems to be the victim of a ransomware attack, with multiple channels going off the air in an attempt to extort money. Attackers are getting more creative and brazen with their attacks, and this shows that more than enterprise networks and computing infrastructure is at risk. Anyone who has electronic systems exposed to the Internet can face a ransomware attack, demonstrating the need to monitor all systems rather than just computers.”

Doug Britton, CEO, Haystack Solutions:

“An alarming number of US and Multinational corporations have inadequate security precautions and are suffering from headline making cyber-attacks. Without the right personnel in place, even the most sophisticated cyber vendors and security tech won’t be enough. Cyber professionals who understand the organization, the business model, and how data is handled within the company are critical. Corporations need to continue to invest in cybersecurity professionals. Security is a job that is never finished. Having the right in-house team in place is the best defense against constant cyber threats. We have the technology to find this talent even in the tightest labor markets. We need to move quickly and make a sustained commitment to get these folks into the fight or we risk having significant breaches continue.”

Bill Lawrence, CISO, SecurityGate:

“There are a couple of good lessons learned from what we know so far with this ransomware attack: Somehow, the attack didn’t spread to Sinclair’s ‘master control’ broadcast system, so if it was network segmentation or a higher level of protection and care for the ‘crown jewels’, those are good practices to emulate. Also, they lost their internal network, email, phones, along with local broadcasting systems. For your next incident response plan drill, put the participants in separate rooms and forbid the use of company email or phone calls. It would be hard for them to order a pizza together, much less work on business continuity. Out-of-band, encrypted communications, with apps such as ArmorText or Signal, set up and practiced before they are direly needed, can help immensely.”

Ron Bradley, VP, Shared Assessments:

“Why hunt for moose when you have thousands of rabbits running around? The reality of Sinclair TV stations being disrupted is just another example of threat actors taking advantage of soft targets. Generally speaking, you don’t see big banks being held hostage to ransomware attacks because they have taken precautions to secure their perimeter, minimize their blast radius, and control internal lateral movement if a breach were to occur. The sad part of the story is, many small and medium size businesses (aka; bunny rabbits) don’t have the wherewithal, both financially and technologically to protect their assets. It simply has not been part of their program. This is what makes them a soft target. Recent attacks against critical infrastructure and the food supply bring this looming problem to the forefront. My supposition is this problem will get worse before it gets better. However, this is not all gloom and doom. There are fundamental steps companies can take such as turning on multi factor authentication, providing security awareness training for users, implementing intrusion detection and prevention tools, and regularly testing their business resiliency plans.”

Garret Grajek, CEO, YouAttest:  

“Penetration of all our key systems, water, energy, transportation and media is a grave concern for western countries. The fact that a major media outlet like Sinclair was effected shows how vulnerable even those w/ security resources are to cyber-attacks. Sinclair revealed that they conducted a enterprise-wide password reset – which implies they may feel it was a compromised credential that beget the attack. Enterprises need to go beyond just password resets and even 2FA and start understanding the scope and capabilities of all the identities in their enterprises. This mean practicing the principle of least privilege to insure that all accounts, especially when they are compromised, do not have access to resources they do not need access to but could inflict damage if the account falls under control of malicious party. User accounts are easily stolen and guessed by the hackers which then conduct lateral movement across the enterprise and privilege escalation to obtain access to valued resources.   Enterprises must be aware of the rights granted and triggered when privileges are modified.”

 

 

China Is Watching You

China Is Watching You

With generous state support at home and low-cost sales abroad, Hikvision has become a world heavyweight.

China Is Watching You

Microsoft branded ‘best malware hoster’. Why? OneDrive abuse

Microsoft branded ‘best malware hoster’. Why? OneDrive abuse

Infosec pro: ‘OneDrive abuse has been going on for years’

Microsoft branded ‘best malware hoster’. Why? OneDrive abuse

New report suggests Israel is country most affected by ransomware since 2020

New report suggests Israel is country most affected by ransomware since 2020

Cybersecurity firm commissioned by Google says has a near-600% increase in reported samples during recent period

New report suggests Israel is country most affected by ransomware since 2020

Warren’s ransomware bill victimizes targets to collect data

Warren’s ransomware bill victimizes targets to collect data

Companies and federal agencies should work as partners in combating ransomware, as it is a threat to businesses as well as the nation, instead of the government further victimizing corporate ransomware targets.

Warren’s ransomware bill victimizes targets to collect data

Russia excluded from 30-country meeting to fight ransomware and cyber crime

Russia excluded from 30-country meeting to fight ransomware and cyber crime

Russia was not invited to attend a 30-country virtual meeting led by the United States that is aimed at combating the growing threat of ransomware and other cyber crime, a senior administration official said.

Russia excluded from 30-country meeting to fight ransomware and cyber crime

October is high season for cyber attacks as attackers exploit natural disasters

October is high season for cyber attacks as attackers exploit natural disasters

A study by InfoSec Institute indicates that there has been an exponential increase in cyber attacks globally in the last five years, especially in October.

October is high season for cyber attacks as attackers exploit natural disasters

Iranian hackers targeting US, European and Israeli defence firms, says Microsoft

Iranian hackers targeting US, European and Israeli defence firms, says Microsoft

Iranian hackers have been detected trying to infiltrate American, European and Israeli defence companies and shipping firms that operate in the Middle East, acc

Iranian hackers targeting US, European and Israeli defence firms, says Microsoft

A Pentagon official said he resigned because US cybersecurity is no match for China, calling it ‘kindergarten level’

A Pentagon official said he resigned because US cybersecurity is no match for China, calling it ‘kindergarten level’

Nicolas Chaillan, the US Air Force’s chief software officer, quit in September, citing insufficient investment in guarding from Chinese attacks.

A Pentagon official said he resigned because US cybersecurity is no match for China, calling it ‘kindergarten level’

Hackers of SolarWinds stole data on U.S. sanctions policy, intelligence probes

Hackers of SolarWinds stole data on U.S. sanctions policy, intelligence probes

The suspected Russian hackers who used SolarWinds and Microsoft software to burrow into U.S. federal agencies emerged with information about counter-intelligence investigations, policy on sanctioning Russian individuals and the country’s response to COVID-19, people involved in the investigation told Reuters.

Hackers of SolarWinds stole data on U.S. sanctions policy, intelligence probes