The EU has applied its first ever sanctions in retaliation for cyber-attacks carried out by state-backed Chinese, Russian and North Korean hackers over recent years. The bloc said it will impose a travel ban and asset freeze on six individuals and three entities in response to the Operation Cloud Hopper, WannaCry and NotPetya attacks, as well as an attempted breach of security at the Organization for the Prohibition of Chemical Weapons (OPCW). WannaCry has been linked to Pyongyang, while NotPetya is thought to be the work of the Russian military (GRU) and Cloud Hopper was blamed on China’s Ministry of State Security (APT10). More information: https://www.infosecurity-magazine.com/news/eu-first-ever-sanctions-response/
ISBuzz Team
In response to news that a 17-year-old was one of three people arrested in connection with the largest privacy and security breach in Twitter’s history and the bitcoin scam that saw the accounts of public figures such as Barack Obama, Bill Gates and Joe Biden hijacked for fraud, an expert with Point3 Security offers perspective and advice to protect against mobile phishing.
With the news that British Airways expects to pay just £20m of its record-breaking £183m fine for its 2018 data breach, legal experts commented below.
One of the greatest cybersecurity threats to US November elecetion is well-timed ransomware attack. This threat is not only from froeign governments but also from criminals seeking fortune. We have seen in the past there is no exceptional increase in number of sophisticated attacks on local and state government and the fear is that these type of attacks can affect the voting systems directly or indirectly. More information: https://uk.news.yahoo.com/ransomware-feared-possible-saboteur-november-120602269.html
Following the news around Microsoft entering into discussions with TikTok to purchase the USA business, Cybersecurity expert commented below.
UCL published a report showing that fake audio or video content is ranked as the most worrying use of artificial intelligence in terms of its potential applications for crime or terrorism, and I thought you’d be interested in input on how we can get ahead of this threat.
New research shows almost three quarters of large businesses believe remote working policies introduced to help stop the spread of COVID-19 are making their companies more vulnerable to cyberattacks. AT&T’s study of 800 cybersecurity professionals across the UK, France and Germany shows that while 88% initially felt well prepared for the migration, more than half (55%) now believe widespread remote working is making their companies more or much more vulnerable to cyberattacks. This figure jumps to 70% for large businesses with over 5,000 employees. More information: https://www.prnewswire.com/news-releases/att-survey-shows-70-of-large-businesses-believe-remote-working-makes-them-more-vulnerable-to-cyberattacks-301105074.html
A joint investigation by the Guardian and the French newspaper Le Monde reveal that Bishop Benoît Alowonou and five other critics of Togo’s repressive government have been targeted by the spyware technology in WhatsApp last year. Cybersecurity experts provide an insight on this news,
It has been reported that a gang of malicious attackers used the Windows NetWalker ransomware to infiltrate attack on the infrastructure of Forsee Power, a company that designs and manufactures smart lithium-ion battery systems for electro-mobility markets. The cybersecurity experts provide an insight into the tactics used in this ransomware.
Meetup, a popular community-building events platform with 44 million members, was left open to attacks that could have resulted in data loss and, ultimately, the redirection of payments.