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A ransomwareattack hit an electric utility in Colorado causing a significant disruption and damage. The Delta-Montrose Electric Association (DMEA) is a local electric cooperative located in Colorado, it is part of Touchstone Energy Cooperatives. “DMEA was the victim of a cyber-attack on November 7, 2021.
Over the ensuing years, experts have repeatedly pointed out that not only were many of the technology systems being deployed to improve the efficiency of fuel distribution infrastructure management introducing dangerous vulnerabilities, but that a cyber-attack against the operator of a fuel pipeline was eventually going to both occur and succeed.
Numerous gas and fuel filling stations throughout Canada experienced significant disruptions in processing credit card and reward points-based payments due to a cyberattack on Suncor Energy, the parent company. NOTE- Ransomware is a form of malware that encrypts data within an infected database until a ransom is paid.
Israel’s National Cyber Directorate announced to have received reports of cyberattacks aimed at supervisory control and data acquisition (SCADA) systems at wastewater treatment plants, pumping stations and sewage facilities. “As of this morning, reports have been received in the National Cyber ?? .
FBI confirmed that the attack against the Colonial Pipeline over the weekend was launched by the Darkside ransomware gang. Federal Bureau of Investigation confirmed that the Colonial Pipeline was shut down due to a cyberattack carried out by the Darkside ransomware gang. The pipeline allows carrying 2.5
The incident has raised concerns within the energy sector, as Halliburton plays a crucial role in global oilfield operations, and any disruption to its networks could have far-reaching implications. The potential cyberattack on Halliburton underscores the growing threat to critical infrastructure and companies within the energy sector.
US President Joe Biden has invited a group of CEOs of tech companies on Wednesday to discuss issues related to cyberattacks on the national infrastructure. This time the federal govt seems serious as the Biden administration has condemned the attack on Solar Winds, Colonial Pipeline, Kaseya and JBS Meat on a serious note.
When it comes to cyberattacks, most businesses think: “It could never happen to us,” but some plots are just hitting a little too close to home. Related: T-Mobile breach reflects rising mobile device attacks. Living-off-the-land (LotL) attacks are providing a way for adversaries to stay under cover.
Key trends: 1️ Increased Ransomware Activity Targeting Public Companies Ransomware groups are poised to intensify their focus on publicly-traded organizations. Recent U.S.
But Japan-based Camera manufacturer Olympus has released a press statement that its IT staff have observed a potential cyberattack on its IT systems on October 10th,2021 and have taken measures to contain it. The post Olympus suffers another RansomwareAttack within a month appeared first on Cybersecurity Insiders.
Due to the attack, thousands of street lamps remained illuminated throughout the day, wasting significant energy and money. This is due to a technical issue connected to the recent cyberattack, when we were forced to shut down our IT systems. It bears quite a few of the hallmarks of a state-sponsored cyber operation.
Italian oil giant Eni was hit by a cyberattack, attackers compromised its computer networks, but the consequences appear to be minor. The company reported the incident to the Italian authorities which launched an investigation to determine the extend of the attack. It’s not clear who was responsible for the breach.
London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. But worryingly they appear less concerned by cyber risk than a couple of years ago. trillion by 2025, a 300% increase since 2015 1.
Npower removed its mobile app after an attack exposed " some customers' financial and personal information." The energy firm did not say how many accounts were affected by the breach, which was first reported by MoneySavingExpert.com. Total Fitness RansomwareAttack. NCSC ransomware PDF. Npower App Hack.
A common thread runs through the cyberattacks that continue to defeat the best layered defenses money can buy. Related: We’re in the midst of ‘cyber Pearl Harbor’ Peel back the layers of just about any sophisticated, multi-staged network breach and you’ll invariably find memory hacking at the core.
According to the 2021 IBM Threat Force Intelligence Index , Manufacturing was the industry most likely to be attacked last year, comprising 23.2% of cyberattacks IBM handled. Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware. costing an estimated $18.88
Chinese espionage groups are notorious for global cyber-attacks that target state agencies, research institutes, military contractors, and other agencies and institutions with espionage in mind. . Group-IB performed an in-depth analysis of the malware families used by the attackers.
This breach, like every major ransomwareattack, was likely because of spear phishing, where someone either received the malware via an emailed attachment or clicked on a link that took them to a website that hosted it. This was how the Sony Pictures ransomware hack also took place in late 2014 and since.
The Cyber Express provided more details in an Oct. The same report claimed that there has been an increase in ransomwareattacks and a whopping 350% hike in ransom demands on these companies in the past one year. Our findings show that while maritime cyber security has improved, the industry remains an easy target.
Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Phishing attacks are going to become even more sophisticated, since a lot of basic tactics have already been tried this year, and businesses learned to repel those. Businesses will still be mostly concerned with ransomware.
On the very first day of the conflict (February 24, 2022), a massive wave of indiscriminate pseudo-ransomware and wiper attacks hit Ukrainian entities. The volume of wiper and ransomwareattacks quickly subsided after the initial wave, but a limited number of notable incidents were still reported.
In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments. Read the whole entry. »
With this, organizations across the globe can benefit from NetApp ONTAP’s robust security capabilities to protect customers’ information on-premises and in remote locations from foreign actors, ransomwareattacks or other data loss threats they may face. A cybersecurity program led by the U.S. Additional Resources: About NetApp.
Financial institutions, healthcare, public sector and government agencies, manufacturing, and energy companies are all embracing digital business trends. For instance, DDOS attacks are effective because they send a barrage of requests that eventually overwhelm and take down the targeted servers.
The West has promised tougher sanctions are coming, but experts warn these will almost certainly trigger a Russian retaliation against America and its allies, which could escalate into cyberattacks on Western financial institutions and energy infrastructure. ” What kinds of attacks are experts most concerned about?
Computer Weekly said it had learnt that FatFace paid a £1.5m ($2 million US dollar) ransom to the Conti Ransomware gang , disclosing the gang gained access to FatFace network and their IT systems via a phishing email on 10th January 2021. More and More RansomwareAttacks. UK Gov to Ramp up Cyber Offenses and Defences.
2023 cybersecurity issues will continue: Weak IT fundamentals, poor cybersecurity awareness, and ransomware will still cause problems and make headlines. API Attacks Application programming interfaces (APIs) provide automated and regularly trusted connections between applications and resources. Bottom line: Prepare now based on risk.
Its operators seem to leverage vulnerabilities in external-facing servers while utilizing compromised account credentials to gain access and spread the malware further. Even in the worst-case-scenario of any ransomwareattack, there’s at least a promise (which could admittedly be false) of a decryption key that can be purchased for a price.
The threat of attacks against Critical National Infrastructure (CNI) – energy, utilities, telecommunications, and transportation – is a top priority. Reducing the risk of attacks such as ransomware and malware on CNI will be paramount to the stability of national economies for the years to come.
The Critical Infrastructure edition of the 2024 Thales Data Threat Report highlights the threats that businesses in the Energy, Utilities, Telecom, Transportation, and Logistics sectors face. 15% of the CI organizations have experienced a breach in the last 12 months, with ransomware being the biggest threat.
So this power grid attack is sounding more credible. This is ransomware, starting with a phishing attack. So the reality is that there was a team of criminal hackers, and like all intrusions, this attack didn’t just start in December 2016; it began months before it was executed. Van Norman: Absolutely.
While the world transitions out of the pandemic, cyber adversaries have continued to take advantage of the chaos – cyberattacks have skyrocketed and are only becoming more frequent, destructive, and sophisticated. The Rise of Ransomware. Ransomware – the hacker’s current cyber weapon of choice.
Last year, the government saw that even the most security-conscious organizations could not prevent cyberattacks. Even the FBI issued a warning to the medical community stating that ransomwareattacks were inevitable; the only thing these providers could do was create a recovery plan of action. •The
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