Industrial control systems manufacturer Johnson Controls International has suffered a massive ransomware attack, potentially exposing sensitive information of the Department of Homeland Security.
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.
As the shift to smart home management takes hold, a critical element to its success will be gaining consumer trust. To gain that trust all the devices required to make a home “smart” will be security.
New report from IANS Research and Artico Search shows that the average security budget is only up by 6% this year, representing a 65% decrease in cybersecurity spending from the prior year.
Initial access broker with close links to ransomware groups is targeting organizations with Microsoft Teams phishing attacks, with malicious links leading to a malicious SharePoint-hosted file.
Ensuring data protection is an uphill battle as attacker tools and strategies grow more sophisticated over time, and turning to immutable ransomware protection is critical as it offers organizations secure storage that will ensure data protection and quick recovery following an attack.
Hong Kong-based Mixin Networks, a decentralized exchange and cross-chain transfer network, was temporarily forced to suspend operations following a hack of its cloud database. The crypto company is offering a $20 million bug bounty for full return of the stolen funds.
The International Criminal Court is investigating a cyber attack with the assistance of Dutch authorities after intruders compromised its information systems with sensitive information about ongoing cases.
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.
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.










