Manitoba’s auditor general says a rural municipality failed to properly investigate a cyber attack that resulted in the loss of hundreds of thousands of dollars.
Tyson Shtykalo investigated the cybersecurity breach that led to the Municipality of Westlake-Gladstone, west of Winnipeg, losing more than $472,000 over the course of a few weeks in 2019 and 2020.
Read more…
Source: Global News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Ransomware: Big paydays and little chance of getting caught means boom time for crooks
November 29, 2019
Ransomware will continue to plague organisations in 2020 because there’s little risk of the cyber criminals behind the network-encrypting malware attacks getting caught; so for them there’s only a small amount of risk, but a potentially large reward. During the last year, there’s been many examples of ransomware attacks where victims have given into the extortion demands of ...
- Labour Party says it has been hit by ‘large-scale cyber attack’
November 12, 2019
Labour says it has been hit by a “sophisticated and large-scale cyber attack” on its digital platforms. A party spokeswoman said the cyber attack “failed” because of their “robust security systems” and that she was confident no data breach occurred. “Security procedures have slowed down some of our campaign activities, but these were restored this morning and we ...
- Cyber-security incident at US power grid entity linked to unpatched firewalls
September 9, 2019
A cyber-security incident that impacted a US power grid entity earlier this year was not as dangerous as initially thought, the North American Electric Reliability Corporation (NERC) said last week. In a report highlighting the “lessons learned” from a past incident, NERC said hackers repeatedly caused firewalls to reboot for about ten hours, on March 5, ...
- Making Intelligence Actionable: Cybersecurity Preparedness in the Credit Union Industry
July 3, 2019
As the threat landscape continues to evolve, organizations need to be increasingly proactive in their approach to cybersecurity. One industry that’s taken proactive measures toward cybersecurity preparedness is the credit union industry. Over the last couple of years, the National Credit Union Administration (NCUA) developed a tool called the Automated Cybersecurity Examination Tool (ACET) to help credit unions ...
- Overcoming the Challenge of Reactivity in Incident Response
May 17, 2019
This is the first blog in a three-part series where we’ll examine how security teams manage incident response processes. Here, we’ll highlight the challenges that security teams face when trying to mitigate incidents and how constraints force many teams into taking a reactive approach. This leads to incident response teams feeling the stress of scrambling to protect their business ...
- Bristol Airport blames hackers for three day technical meltdown
September 16, 2018
A cyber attack was the cause behind a three day technical meltdown, according to Bristol Airport. The airport’s information screens were out of service on both Friday and Saturday, with holidaymakers having to read departure times off whiteboards scattered around the airport. An airport spokesman said several systems were taken offline on Friday in a bid to ...
