The attack has been attributed to an older remote access trojan that was able to take out 49% of the modems from the ISP's ASN, in what is believed to be a targeted cyber attack intended to cause a prolonged outage of internet routers.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
Clorox reported a total of $49 million in incremental expenses related to the attack, with Johnson Controls reporting data breach costs of nearly $27 million. This money went to remediation costs such as third party contracting, as well as added operating costs due to disruptions.
Security defenses, almost by definition, are frequently one step behind threat actors as we often must see what we are up against before mounting an effective counterstrategy. Despite this, it’s important to begin with the right foundational layers, and then evolve those layers and defenses as rapidly as possible.
Hackers have demanded a ransom and threatened to release private financial data stolen after a Paris Olympic venue, the Grand Palais exhibition hall, was hit by a ransomware attack.
The security industry was hit by an increasing number of AI-powered cyberattacks in 2023, and that is not going to slow down in 2024. As these attacks evolve as AI infiltrates every aspect of business, here’s what security leaders should resolve to do this year amid AI threats.
The headline items from the 2024 Verizon DBIR include a 180% jump in vulnerability exploitation from 2023's numbers, and non-malicious employee elements continuing to play a role in over two-thirds of breaches as phishing remains a major threat.
The 18th installment of the DBIR surveyed 22,052 total cyber attacks logged by Verizon's internal threat research team, over half of which (12,195) involved confirmed data breaches. Credential abuse continues in the lead at 22%. Exploitation of vulnerabilities is now up to 20%, followed by phishing at 16%.
A new regulatory filing disclosed that genetic testing company 23andMe leaked the ancestry information of nearly 7 million users in the October 2023 data breach.
A credential stuffing attack on biotechnology firm 23andMe has resulted in a data theft incident exposing millions of genetic profiles and personal data records.
23andMe's defense as regards data privacy laws is essentially to claim that a data breach did not actually occur, given that the incident stemmed from the failure of certain users to change passwords that had been exposed elsewhere.










