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Home - Archives for ISBuzz Team - Page 21

ISBuzz Team

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COMMENT: Bulgarian Government Suffers Russian DDoS Attack

ISBuzz TeamOctober 19, 20221 Min Read

It has been reported that a wave of DDoS attacks rocked the Bulgarian government over the weekend, with Russia the prime suspect, according to reports. Traffic flooded the websites of the Bulgarian President, the National Revenue Agency, and the ministries of internal affairs, defense, and justice, according to several local reports.

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Do You Think Businesses Must Do More To Boost Cyber Defences, Says Nadhim Zahawi

ISBuzz TeamOctober 19, 20221 Min Read

It has been reported that UK businesses must start taking cyber crime more seriously and do more – including working more closely with the Government – to protect themselves, the Chancellor of the Duchy of Lancaster has said. Nadhim Zahawi, who is also the lead minister for cyber security, said companies must stop thinking of cyber security as “an issue just for company IT departments” and treat it as a business priority. Mr Zahawi’s comments come as figures show 1.6 million people were victims of cyber crime in the UK last year, with tens of thousands of businesses also targeted. Government research shows that only 23% of firms have a cyber security…

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Moola Loses $9.1 Million After Crypto Heist

ISBuzz TeamOctober 19, 20221 Min Read

It has been reported that on Oct. 19, DeFi liquidity protocol Moola tweeted that it was investigating an incident and had paused operations of the platform. Web3 security firm Hacken looked into the exploit revealing that $9.1 million had been stolen from the Celo blockchain-based platform. The attacker funded an account with CELO tokens and used them to buy large amounts of MOO tokens which caused prices to climb due to low liquidity. The attacker borrowed more CELO using MOO collateral, repeating this cycle and pushing up the prices. A huge loan was taken out at these inflated prices. The full story can be…

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European Cybersecurity Month: Responding To Ransomware With Speed And Scale, Experts Weigh In

ISBuzz TeamOctober 19, 20221 Min Read

Businesses in the UK are under attack, suffering the third-highest rate of ransomware infiltration behind the US and Canada over the past year. Desperate to get back to business as usual, companies in the UK are twice as likely to pay a ransom compared to the global average – a tactic that does not guarantee a resolution.

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Mormon Church Hit By Cyberattack, Personal Data Exposed

ISBuzz TeamOctober 17, 20221 Min Read

It has been reported that The Church of Jesus Christ of Latter-day Saints announced Thursday that unauthorised activity was detected on its computer systems that impacted the personal data of church members and employees, among others. The church stated it has been investigating the activity with law enforcement and cybersecurity experts to better understand the origin and scope of the incident. Law enforcement authorities said they do not believe the information will be used to harm individuals, according to the church. The impacted data did not include donation history or any banking information from donors. Information that may have breached included…

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Magniber Ransomware Is Targeting Home PC

ISBuzz TeamOctober 17, 20221 Min Read

HP’s Wolf Security team is reporting that Magniber ransomware is infecting home users and demanding payments of up to $2,500 for the decryption tool. Masquading as a Windows 10/11 update, attackers get users to download a Zip file containing the malware. Magniber has been primarily spread through MSI and EXE files, but since September has been using this Zip file approach to install the malware. Excerpts: The infection chain starts with a web download from an attacker-controlled website. The user is asked to download a ZIP file containing a JavaScript file that purports to be an important anti-virus or Windows 10 software…

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Riskiest IoT Devices – Cameras, VoIP And Video Conferencing

ISBuzz TeamOctober 17, 20222 Mins Read

In a report released Wednesday, Forescout’s research team, Vedere Labs, have updated their findings on the riskiest devices in enterprise networks in 2022. By analyzing the millions of IoT devices in Forescout’s Device Cloud, they identified recurring attack vectors and how threat actors are taking advantage of the increased proliferation of devices throughout every enterprise. Key findings of this report include: In addition to device types observed as the riskiest in 2020, such as networking equipment, VoIP, IP cameras and PLCs, new entries, such as medical use of hypervisors and human machine interfaces (HMIs) have broadened the attack surfaceGovernment and…

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Mexico Investigating Pegasus Spyware Purchases

ISBuzz TeamOctober 17, 20221 Min Read

As reported by Reuters, the Mexican attorney general’s office said on Sunday it is investigating the purchase of Pegasus computer spyware by the previous administration and whether it was carried out legally. In a statement, the office referred to existing probes of two people, including a prominent ex-official, into the use of Pegasus spyware, days after the current government denied it had spied on journalists or critics. In the statement, Mexican prosecutors said they were looking at the acquisition of Pegasus by the prior attorney general’s office for 457 million pesos ($23 million).

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Phishing Simulations Do Not Give Users Enough Context As To Why They Are Running These Tests

ISBuzz TeamOctober 13, 20221 Min Read

Following the recent news of The UK’s National Cyber Security Centre (NCSC) warning businesses not to become ‘seduced’ by the attractiveness of issuing phishing tests to staff while also publishing new guidance to encourage organisations to work in tandem with others in their supply chains to identify and address security issues, following a marked rise in incidents. Duane Nicol from Mimecast has commented on many important issues, including the importance of keeping users engaging in awareness training.

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Experts Reaction On Toyota Data Leak

ISBuzz TeamOctober 12, 20221 Min Read

It has been reported that Toyota Motor Corporation is warning that customers’ personal information may have been exposed after an access key was publicly available on GitHub for almost five years.

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