News – January 2024

  • ECB to conduct mock cyber attacks at 109 banks

    January 3, 2024

    The European Central Bank (ECB) will stress test 109 banks over the next twelve months to see if they are adequately prepared for cyber attacks. The banks’ response and recovery capabilities will be prioritized, not the potential to prevent incidents. The 109 banks in question are all under the direct supervision of the ECB. The stress ...

  • Orange suffers cyber attack affecting clients’ internet access in Spain

    January 3, 2024

    The Spanish unit of telecoms provider Orange on Wednesday suffered a cyber attack that affected an undisclosed number of clients who could not access certain websites, a company spokesperson said. The unauthorized access to Orange’s IP network coordination centre has been mostly solved and was neutralized by Orange, the second largest telecoms provider in Spain, the ...

  • US insurance giant First American confirms it was hit by a ransomware attack

    January 3, 2024

    First American, one of the largest insurance companies in the United States, has confirmed the cyber-incident it suffered in late December 2023 was indeed a ransomware attack. The company filed an updated 8-K form with the Securities and Exchange Commission (SEC) on Friday, December 29, 2023. In the filing, the insurance behemoth confirmed suffering a ransomware ...

  • Oops! Black Basta ransomware flubs encryption

    January 2, 2024

    Researchers at SRLabs have made a decryption tool available for Black Basta ransomware, allowing some victims of the group to decrypt files without paying a ransom. The decryptor works for victims whose files were encrypted between November 2022 and December 2023. The decryptor, called Black Basta Buster, exploits a flaw in the encryption algorithm used in ...

  • ‘Lazy’ broadband engineers blamed for exposing hospitals and banks to cyber attacks

    January 2, 2024

    Hospitals and banks are more exposed to cyber attacks because “lazy” broadband engineers are failing to fill in crucial forms, it has been alleged. Industry sources warned of a “Wild West” among contractors who are not handing over information about when and where they are working on BT’s network. Read more… Source: MSN News  

  • Australia: Cyber attack on Victoria’s court system may have exposed recordings of sensitive cases

    January 1, 2024

    Victoria’s court system has been hit by a ransomware attack, which an independent expert believes was orchestrated by Russian hackers. A spokesperson for Court Services Victoria (CSV) said hackers accessed an area of the court system’s audio-visual archive. That would mean recordings of hearings including witness testimony from highly sensitive cases may have been accessed or ...

  • Sneaky technique steals sensitive information from your graphics card

    December 21, 2023

    Researchers from four top American universities have uncovered a new way for threat actors to sneakily access visual information from your graphics card while you’re online and browsing certain websites. The researchers call this threat “,” because it takes advantage of the hidden data compression methods used by modern graphics processing units (GPUs) to leak visual ...

  • Maldives to set up network to tackle cybercrime

    March 28, 2023

    Amendments have been submitted to the Act on Mutual Legal Assistance in Criminal Matters, designed to set up procedures for exchange of legal assistance with other countries in order to stop and take action against cybercrimes, crimes committed using computer systems, and crimes that involve electronic evidence. Presenting the bill, Haitham noted the increase in crimes ...