Puerto Rico Government Hit By $2.6M Phishing Scam

A phishing scam has swindled a Puerto Rico government agency out of more than $2.6 million, according to reports. According to reports, the email-based phishing scam hit Puerto Rico’s Industrial Development Company, which is a government-owned corporation aimed at driving economic Read More …

A Ransomware Prescription for the Healthcare Industry

To paraphrase Mark Twain, reports of ransomware’s death have been greatly exaggerated. Ransomware attacks resumed with a vengeance last year, despite conjecture by some researchers that CPU mining would overtake ransomware as a leading threat vector. Instead, the ransomware threat is stronger Read More …

Ransomware: Big paydays and little chance of getting caught means boom time for crooks

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 Read More …

Modern cyber security bears great resemblance to the Titanic disaster, says Stena CISO

Magnus Carling, CISO of worldwide conglomerate Stena AB, likened modern cyber security practices to the oversights which led to the Titanic disaster in 1912. Speaking at Cloudsec 2019, Carling told attendees “the iceberg was innocent. It wasn’t the iceberg that Read More …

US wants to isolate power grids with ‘retro’ technology to limit cyber-attacks

The US is very close to improving power grid security by mandating the use of “retro” (analog, manual) technologies on US power grids as a defensive measure against foreign cyber-attacks that could bring down power distribution as a result. The Read More …

U.S. Escalates Online Attacks on Russia’s Power Grid

The United States is stepping up digital incursions into Russia’s electric power grid in a warning to President Vladimir V. Putin and a demonstration of how the Trump administration is using new authorities to deploy cybertools more aggressively, current and Read More …

Attackers Completely Destroy VFEmail’s Secure Mail Infrastructure

A catastrophic, smash-and-destroy cyberattack has eliminated the U.S. infrastructure for secure email service VFEmail. It’s a rare example of a purely destructive offensive, apparently unmotivated by financial gain or espionage goals. An attacker wiped out the company’s U.S. servers on Read More …

In County Crippled by Hurricane, Water Utility Targeted in Ransomware Attack

The Emotet Trojan is behind a crippling ransomware attack that hit the Onslow Water and Sewer Authority. A “critical water utility” has been targeted in a recent ransomware attack, significantly impeding its ability to provide service in the week after Read More …