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Home - Archives for ISBuzz Team - Page 174

ISBuzz Team

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Experts On Clop Ransomware Attacking Retail Giant E-Land

ISBuzz TeamDecember 4, 20201 Min Read

Clop ransomware claimed to have stolen 2 million credit cards from E-Land Retail over a one-year period. E-Land Retail, a subsidiary of E-Land Global, operates numerous retail clothing stores, including New Core and NC Department Store.Last months, E-Land retail shut down number of stores after suffering a CLOP ransomware attack. E-Land Retail assure that this ransomware attack has not affected the customer data which was kept on different server in encrypted form.

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Security Expert Re: Absa Financial Services Employee Sells Customer Data To Third Parties

ISBuzz TeamDecember 4, 20201 Min Read

The South African-based Absa financial services group has reported that a rogue employee sold customer data to third parties.  The employee, a credit analyst,  had access to the group’s risk modelling processes as part of his job.  Absa offers services in 12 countries across the continent with roughly 42,000 employees.  

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Data Protection Is Integral In Wake Of COVID-19 Vaccine ‘Cold Supply’ Chain Network Hack

ISBuzz TeamDecember 4, 20201 Min Read

As the country prepares for the long-awaited and much anticipated COVID-19 vaccine, the news of an attempted hacking campaign targeting crucial organisations within the vaccine ‘cold supply’ chain network is worrying to say the least.  Although it is not clear whether the sophisticated phishing campaign was successful, these reports serve as an important reminder of the integral role that a secure network with a dedicated team of specialists can play in ensuring the execution of this roll-out in the fight against COVID-19. 

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Payment Skimmer Hides In Social Media Buttons

ISBuzz TeamDecember 4, 20201 Min Read

Researchers have discovered a web skimming malware that hides in plain sight to inject payment card skimmer scripts into compromised online stores. It uses malicious payloads concealed as social media buttons that mimic platforms such as Facebook, Twitter, and Instagram.

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Industry Leader Reacted On North Korean Hackers Target Six Pharmaceutical Companies Making COVID-19 Vaccines

ISBuzz TeamDecember 3, 20201 Min Read

In relation to the news that North Korean hackers have targeted at least six pharmaceutical companies in the U.S, the U.K., and South Korea working on Covid-19 treatments, including UK-based healthcare company Astra Zeneca, please find commentary from Industry leader.

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Expert On Open Source Software Security Vulnerabilities Exist For Over Four Years Before Detection

ISBuzz TeamDecember 3, 20201 Min Read

It has been reported that it can take an average of over four years for vulnerabilities in open source software to be spotted, an area in the security community that needs to be addressed. According to GitHub’s annual State of the Octoverse report, published today, reliance on open source projects, components, and libraries is more common than ever. 

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Philly Food Bank Hit With $1m Cyber Attack

ISBuzz TeamDecember 3, 20201 Min Read

Philadelphia hunger-relief group Philabundance discloses that was the victim of a July 2020 cyber-attack when the nonprofit wired nearly $1 million to pay a fraudulent construction bill relating to the completion of its new Philabundance Community Kitchen. Excerpt of the Philabundance statement: “This fraud was a one-time event and did not involve the day-to-day finances of our organization or any personal information of staff. Nor did it affect our online donation system. Our donors can trust that their donations through that online platform have reached us and will continue to reach us, and will be used to feed the hundreds of…

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Security Expert Re: Non-Profit Philadelphia Food Bank Loses Nearly A Million Dollars To BEC Scam

ISBuzz TeamDecember 3, 20201 Min Read

Philabundance, a Philadelphia food bank,  got scammed out of nearly a million dollars due to a clever BEC attack.  According to reports, cyber thieves infiltrated the group’s email server and then mimicked a construction company that had done work for Philabundance. The thieves emailed a fake invoice with instructions leading to a bank account controlled by the thieves.

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Christmas Shopping’ Sites Flooded With Millions Of Bad Bots

ISBuzz TeamDecember 3, 20202 Mins Read

Cybercriminals are using millions’ of ‘bad bot personas’ from thousands’ of distinct IP addresses to run distributed denial of service (DDoS) attacks, make fraudulent purchases, and scan for vulnerabilities that can be exploited on hundreds’ of e-Commerce sites during the Christmas season. This information has been revealed by Barracuda Networks, the email and cloud security company, in their most recent Threat Spotlight analyzing the threat facing shoppers and vendors this holiday season. The holiday shopping season, which will be almost entirely online this year due to the UK’s tier-system lockdown, creates an attractive target for cybercriminals, and in mid-November, Barracuda researchers ran Barracuda…

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Black Friday 2020 Saw Retailers Capitalising On Publicly Available Data More Than Ever Before, Finds New Research

ISBuzz TeamDecember 3, 20203 Mins Read

Data reveals a major increase in e-commerce retailers leveraging technology to understand the actions of competitors and customers over Black Friday period With UK retail shops closed over Black Friday this year and online sales already accounting for 28.5% of all retail sales in October (in comparison to 19% in January), consumers were inundated with options when it comes to shopping online, leaving e-commerce retailers facing unprecedented competition. In a bid to better understand their audiences as well as competitor movements, retailers turned to technology, in order to gain critical insights. This is according to new research from Oxylabs which shows e-commerce…

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