Chainalysis finds that state-backed North Korean hackers are more reliant than ever on illicit crypto exchanges in Russia to move money. North Korean hackers are thought to have stolen $3.54 billion in cryptocurrency over the last seven and a half years.
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.
A cyber attack disclosed by Clorox in mid-August is now expected to negatively impact first quarter results for 2024 due to "widescale disruption" that the company is still struggling to recover from. A recent SEC filing indicates that product shortages through this period should also be expected.
Pizza Hut Australia has sent data breach notifications to 193,000 customers after a third party accessed a database containing personal and transactional information.
The data leak reportedly stems from the activity of two AI researchers, who had disk backups of their workstations exposed. This included some 30,000 messages with assorted Microsoft team members in addition to private keys, login credentials and internal secrets.
Hack of crypto exchange CoinEx's hot wallets has led to a loss of about $70 million in assorted asset types. The data breach was reportedly caused by compromised private keys suspected to be stolen by North Korea's Lazarus group.
Quantum machines will soon crack the encryption algorithms we use today to protect everything from national critical infrastructure to online banking. Europe, while a historic leader in quantum science, seems to be struggling to implement a meaningful and unified security response.
A third-party data breach has exposed the personal data of UK’s Greater Manchester Police (GMP) officers and staff. Company that produces GMP’s staff ID cards was affected by a ransomware attack.
Iranian Hackers Use Password Spray Attacks to Compromise Defense Organizations, Pharmaceutical Firms
A recent campaign by Iranian hackers has been very successful in using password spray attacks to breach high-value targets, with a particular focus on defense organizations and satellites as well as pharmaceutical company research.
Airbus has confirmed a data breach that exposed confidential business information via a partner airline’s compromised account. Threat actors compromised a Turkish Airlines employee account using the Redline info-stealer malware in August 2023.
For organizations to stand a chance against cybercriminals, adopting a hacker mindset is crucial. Understanding their tactics, regularly updating skills, and proactively seeking vulnerabilities are the keys to outpacing cybercriminals.










