Weekly Cyber Risk Roundup: Olympic Malware and Russian Cybercrime

More information was revealed this week about the Olympic Destroyer malware and how it was used to disrupt the availability of the Pyeonchang Olympic’s official website for a 12-hour period earlier this month. It appears that back in December, a threat actor may have compromised the computer system’s of Atos, an IT service provider for… Read More

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Weekly Cyber Risk Roundup: Cryptocurrency Attacks and a Major Cybercriminal Indictment

Cryptocurrency continued to make headlines this past week for a variety of cybercrime-related activities. For starters, researchers discovered a new cryptocurrency miner, dubbed ADB.Miner, that infected nearly 7,000 Android devices such as smartphones, televisions, and tablets over a several-day period. The researchers said the malware uses the ADB debug interface on port 5555 to spread… Read More

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Weekly Cyber Risk Roundup: Uber’s Breach Woes, Major Cybercriminals Prosecuted

Uber was the week’s top trending cybercrime target due to the announcement of a year-old breach that affects 57 million customers and drivers. In addition, the company admitted to paying the hackers $100,000 in an effort to keep the breach out the public eye. The data was stolen in October 2016, and it includes the… Read More

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Fraud Landscape Shifts as EMV Adoption Becomes More Widespread

It’s been just over two years since the liability shift around EMV pushed retailers and financial institutions towards adopting chip-enabled cards and terminals, and the fraud landscape for cybercriminals has shifted along with that adoption. In June, Visa reported that it had issued nearly 450 million chip cards and that 50% of U.S. storefronts now accept… Read More

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Weekly Cyber Risk Roundup: Spain-Catalonia Conflict Goes Digital, Russian Hacking Revealed

The Spanish government was the week’s top trending cybercrime target due to a series of distributed denial-of-service (DDoS) and other attacks that were orchestrated by the hacktivist group Anonymous. The Anonymous’ campaign against the Spanish government comes on the heels of  Catalonia’s recent referendum on independence. As Miguel-Anxo Murado wrote in The New York Review… Read More

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Impact of Massive Equifax Breach Will Likely Ripple Into the Future

On Thursday, the consumer credit reporting agency Equifax announced a massive data breach affecting 143 million U.S. consumers, and today several actors on the dark web and Twitter are claiming to have the data for sale. Equifax said the breach was caused by a website application vulnerability that provided malicious actors access to sensitive data… Read More

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Weekly Cyber Risk Roundup: Charlottesville Sparks Hacktivism and Controversy

The politics surrounding the “Unite the Right” rally and its counter-protests in Charlottesville spilled over into the cyber world this week as hacktivists took action against websites and a debate emerged around the ethics of hosting white nationalist websites as well as doxing individuals who attended the rally. Under the hashtag #OpDomesticTerrorism, hacktivists have urged… Read More

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Weekly Cyber Risk Roundup: Three Ethereum Heists and NotPetya Fallout Continues

The cryptocurrency Ethereum made numerous headlines this past week due to three separate multi-million dollar thefts: one due to a bug in the code of the Parity Ethereum client, one caused by a website hack that redirected funds meant for the Initial Coin Offering (ICO) of Coindash, and one tied to a hacker managing to… Read More

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Weekly Cyber Risk Roundup: Big Telecom Leaks and AlphaBay Goes Offline

Massive database leaks were once again among the week’s top trending cybercrime targets, including incidents involving U.S. Verizon customers, France’s Orange S.A, and India’s Reliance Jio Infocomm. The Verizon leak was caused by a third-party engineer at NICE Systems and affected as many as 14 million U.S. customers. The engineer appears to have created a… Read More

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Weekly Cyber Risk Roundup: Cryptocurrency Wallets Emptied and a Dozen Power Plants Breached

Cryptocurrency theft was among the week’s top trending cybercrime practices due to users at both South Korean cryptocurrency exchange Bithumb and Classic Ether Wallet reporting that their digital currency wallets were emptied due to cyber-attacks. Bithumb reported that one of its employees personal computers had been hacked in February 2017 and that the personal details… Read More

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Weekly Cyber Risk Roundup: More W-2 Breaches and Upcoming GDPR Challenges Organizations

Stolen W-2 information was back in the news this week due to reports of another W-2 breach as well as new data from IRS officials on the threat. The latest breach involves TALX, an Equifax subsidiary that provides online payroll, HR and tax services. KrebsOnSecurity reported that an undisclosed number of customers were affected when… Read More

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As WannaCry Spreads, Law Firm Reveals Separate Ransomware Cost Them $700,000

Businesses across the world are still recovering from last Friday’s outbreak of the WannaCry ransomware. On Monday, White House homeland security adviser Tom Bossert said that the ransomware had hit more than 300,000 computers, and security researchers have since detected several new versions of the malware — at least one of which doesn’t have the… Read More

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Weekly Cyber Risk Roundup: TheDarkOverlord Returns and Multiple Attacks Circumvent 2FA

TheDarkOverlord was back in the news this week due to leaking data from multiple companies after failed extortion attempts. The most prominent leak involved Netflix, which had the first 10 episodes of the fifth season of its show Orange is the New Black leaked after it refused to cave to the actor’s ransom demands. The… Read More

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Weekly Cyber Risk Roundup: Ashley Madison Blackmail Returns, Facebook and Google Victims of Fraud

An old data breach came back to life this week as Ashley Madison users who had their data compromised back in July 2015 are once again being blackmailed — this time by an extortion group threatening to launch a public website and contact people in victims’ social media networks. The website will allegedly be launched… Read More

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Weekly Cyber Risk Roundup: Payment Card Data at Risk Due to POS Breaches and Ecommerce Vulnerabilities

Point-of-sale breaches were once again among the week’s top trending cybercrime targets, as InterContinental Hotels Group (IHG) announced that its previously disclosed POS breach had expanded from the dozen properties reported in February to at least 1,175 properties. Affected hotels include popular brands such as Holiday Inn, Holiday Inn Express, InterContinental, Kimpton Hotels, Crowne Plaza,… Read More

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Slew of Source Code and Malware Leaks Increases Risk for Organizations

Earlier this month, an undergraduate student in Korea apologized for creating and making public the joke ransomware “Resenware.” The malware didn’t ask for money to decrypt files; instead, it required victims to score more than 200 million points on the “lunatic” level of the shooting game Touhou Seirensen ~ Undefined Fantastic Object. The student told… Read More

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New Cryptocurrencies Gain Traction, Spark Concern For Law Enforcement

Last month a new ransomware emerged known as “Kirk Ransomware.” The malware was interesting not just because of the Star Trek-themed imagery of James Kirk and Spock that it used, but also because it may be the first ransomware to demand payment via the cryptocurrency Monero. There are literally hundreds of different types of existing… Read More

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Weekly Cyber Risk Roundup: Yahoo’s Value Drops and New Regulations

Yahoo is once again back in the news for a variety of reasons, including a reported third data breach. However, it appears the reports of a “new breach” stem from additional notifications that were sent to some users on Wednesday regarding forged cookies being used to access accounts. Yahoo first disclosed that it was notifying… Read More

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Weekly Cyber Risk Roundup: Ransomware Disrupts Organizations and Massive Data Leaks

Extortion is once again the top trending cybercrime issue as concern continues around the theft, destruction and blackmail related to thousands of insecure MongoDB, Elasticsearch, CouchDB and Hadoop Distributed File System installations. While those stories led much of the past week’s discussion, there was also a steady stream of reports of organizations being infected with… Read More

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Weekly Cyber Risk Roundup: More Extortion and Marijuana Retailers’ Woes

Extortion continues to dominate the cybercrime headlines in 2017 with the week’s top two trending targets being the successful ransom at Los Angeles Valley College and continued extortion attempts around MongoDB databases. It was less than a year ago that Hollywood Presbyterian Medical Center became a national news story by paying a $17,000 ransomware demand… Read More

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