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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.

 

Shell fuel and gas station in Germany showing cyber attack on German fuel suppliers
Cyber SecurityNews

Critical Infrastructure Hit Again as German Fuel Suppliers Victimized by Cyber Attack, Oil Shipments Forced to Use Alternative Depots

February 7, 2022
German fuel suppliers have been hit by a cyber attack threatens fuel supply. Nature of attack has yet to be identified, but the extent of the disruption would indicate ransomware or a malicious malware attack that wiped files.
Read More
Aerial view of cement factory showing remote operations of critical infrastructure
Cyber SecurityInsights

Critical Infrastructure Is Under Attack: How Industry Can Secure OT Remote Operations Before It’s Too Late

December 22, 2021
Manufacturers are introducing remote operations capacity for OT systems, allowing employees, contractors, and trusted third parties to operate on-site infrastructure from anywhere in the world. While the benefits are multifaceted, the risks to critical infrastructure are real.
Read More
Polygon Matic cryptocurrency symbol golden coin in hand showing critical vulnerability in MATIC coins
Cyber SecurityNews

Critical Vulnerability That Put $24 Billion in MATIC Coins at Risk Patched by Polygon

January 4, 2022
Ethereum DeFi system Polygon has announced that it patched a critical vulnerability that stood to put some $24 billion of its MATIC coins at risk. The company kept the issue quiet for weeks as it worked to patch it out.
Read More
WhatsApp messenger app with lock showing WhatsApp account issue with account deactivation
Cyber SecurityNews

Critical WhatsApp Account Vulnerability Addressed: Third-Party Account Deactivations by Email Prompt Verification Changes

August 2, 2023
WhatsApp accounts could be deactivated simply by sending a request from any email address, so long as the attacker knew the associated phone number. Going forward, the account deactivation process now involves a follow-up message that requests verification of ownership of the associated phone number.
Read More
Man finger touch device with digital blocks showing cross-chain bridge suffers crypto hack
Cyber SecurityNews

Cross-Chain Bridges Suffer Another Blow as Nomad Hit by $190 Million Crypto Hack

August 4, 2022
A bad year for the security of cross-chain bridges continues as Nomad has been hit by a crypto hack that drained about $190 million in its stored funds.
Read More
Crypto coins hanging on clotheslines showing crypto laundering and Lazarus group
Cyber SecurityNews

Cross-Chain Crypto Laundering Spikes to $7 Billion, Lazarus Group Responsible for $900 Million

October 11, 2023
New report from Elliptic finds a major spike in cross-chain crypto laundering to $7 billion in the past year. North Korea's state-backed Lazarus group is a major driver, responsible for about 13% ($900 million) alone.
Read More
Hacker in dark room calling on cellphone showing phishing attacks impersonating cybersecurity companies
Cyber SecurityNews

CrowdStrike Warns About Callback Phishing Attacks Impersonating Cybersecurity Companies

July 25, 2022
Hackers were impersonating cybersecurity companies by sending phishing emails asking the target to callback to resolve potential network compromise. Victims are then guided to install remote administration tools.
Read More
Hacker using a laptop showing cyber attack on forklift manufacturer
Cyber SecurityNews

Crown Equipment Confirms a Cyber Attack by a Cybercrime Group After a Multi-Week Disruption

June 28, 2024
Leading forklift manufacturer Crown Equipment has confirmed that the prolonged disruption resulted from a cyber attack by an international cybercriminal organization.
Read More
Gold bitcoin in front of dollar bills showing crypto crimes
Cyber SecurityNews

Crypto Crimes Rake in a Record $20 Billion, but With Only Slight Gains in Overall Activity

January 16, 2023
A new study from Chainalysis finds that crypto crimes are proving more lucrative than ever for organized criminal gangs, but that illicit activity overall only saw a slight raise from its record low levels in 2021.
Read More
FTX Arena in Miami showing data breach affecting crypto exchange creditors
Cyber SecurityNews

Crypto Exchange Creditors Hit by SIM Swap Attack, Customer Information From FTX and Other Insolvent Companies Exposed in Data Breach

August 30, 2023
Kroll reports that the data breach was traced to a SIM swap attack on the phone of one of its employees, and that "limited" and "non-sensitive" claimant data was exposed. FTX account holders are already receiving phishing emails.
Read More
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