A new report has said that cyber attacks on construction companies doubled in the first quarter of this year compared to the same period in 2023.
Risk advisory firm Kroll said the increase in attacks was “most likely due to the increased sophistication of business email compromise for either financial gain or as a pivot into downstream attacks. Growth in email compromise over the past year, which could be driven by the nature of work in this industry, meaning that employees are often working via mobile devices or on site, where they may be more susceptible to attack.”
Read more…
Source: Building
Related:
- Venture Wolf attempts to disrupt Russian businesses with MetaStealer
November 5, 2024
BI.ZONE Threat Intelligence has discovered a previously unknown cluster whose activity can be traced back to November 2023. Dubbed Venture Wolf, the cluster employs multiple loaders to deliver MetaStealer to the target systems. The threat actor focuses on a range of industries, including manufacturing, construction, IT, and telecommunications. Stealers maintain their position among the most popular ...
- HS2 investigating possible misconduct tied to ‘serious’ data breach
July 18, 2024
HS2 has launched a formal investigation into allegations of gross misconduct tied to a “serious” data breach earlier in the year, City A.M. understands. Sources allege the incident took place in late May. HS2 Ltd, the company sponsored by the Department for Transport (DfT) to oversee the project, subsequently began an investigation into a potential significant ...
- Cyber attacks on construction firms jump, new report finds
May 23, 2024
A new report has said that cyber attacks on construction companies doubled in the first quarter of this year compared to the same period in 2023. Risk advisory firm Kroll said the increase in attacks was “most likely due to the increased sophistication of business email compromise for either financial gain or as a pivot into ...
- North Carolina: Around £2.1 million has been stolen from the housing agency as the US Secret Service is investigating
March 3, 2024
It is a little-known clothing firm based out of an anonymous residential street in Scotland’s biggest city, with overflowing bags and boxes of rubbish piled up outside its front door. But a Glasgow company is at the centre of a multi-million pound fraud investigation by the US Secret Service into millions of public money that was ...
- GRS Roadstone warns staff following cyber attack
March 23, 2023
Construction materials giant GRS Roadstone is writing to employees warning them to check their bank accounts following a major cyber attack. The firm – which employs 800 people – was hit by a “sophisticated cyber-incident” last year which saw data relating to current and former employees copied from its systems and leaked online. Read more… Source: Construction Enquirer
- Bee-Ware of Trigona, An Emerging Ransomware Strain
March 16, 2023
Trigona ransomware is a relatively new strain that security researchers first discovered in late October 2022. By analyzing Trigona ransomware binaries and ransom notes obtained from VirusTotal, as well as information from Unit 42 incident response, we determined that Trigona was very active during December 2022, with at least 15 potential victims being compromised. Affected ...