gthao_CYBR332

This year, hackers have been targeting big brands. A mass ransomware attack has been going on for about two months. The attacks have been adding new victims such as Procter & Gamble and a U.K. pension fund acknowledging.  The ransomware gang called Clop is responsible for the attack. This group claimed to have attacked 130 victims by exploiting the "zero-day vulnerability in popular file-transfer software. This group is targeting specific targets and was identified on February 1st by Fortra. This is the second mass ransomware of this year. As ransomware gangs look for new vulnerabilities, victims have become unwilling to report or pay for the data and the unlocking of their systems. On February 7th, Fortra released a fix for the vulnerability.   Even though Fortra informed their customers that their data was safe, victims later learned that this wasn't true as they were targeted for ransomware. Just the past week, there have been 4 big corporations victims of a breach. The...

According to a Hunteress analysis, 99% of all companies dealing with cybersecurity issues in the United States and in Canada are mid-sized companies. According to the analysis, 49% of mid-sized businesses will raise their cybersecurity budget.  For 61% of mid-sized businesses, there are no professional cybersecurity experts in their companies. In addition as 47% of them don't have an incident response plan, 24% of those mid-sized companies are unsure if they have been the victim of a cyber attack. 27% of medium-sized enterprises stated they lacked cyber insurance.  Despite lacking security measures, mid-sized businesses also have difficulty in putting basic training procedures, while just 9% of the surveyed indicated that their employees follow the security best practices. This disparity can lead to more opportunities for cybercriminals. In addition, 69% stated that they have the requisite to have some form of cyber insurance and about 30% report not having one.  Those nu...

One of the largest electronics manufacturers, Acer, has been hacked. The hacker of this breach is offering to sell 160 Gb of data stolen from their systems, however, there is still no sign that consumer data was leaked from the breached server.  The hacker claimed the data was stolen in mid-February, and he also informed the potential buyers that the sale of the data will be on a well-known cybercrime forum for Monero cryptocurrency.  Those files are said to contain confidential slides, staff manuals, confidential product documentation, binary files, information on backend infrastructure, disk images, replacement digital product keys, and BIOS-related information. Breaches like this one are unfortunately not unusual for Acer. In 2021, the servers in India and Taiwan were targeted and breached. The hackers stole more than 60 Gb of data from the company's systems. Big companies being targeted and breached is nothing new, but the fact that this happened multiple times makes me be...

Dish Network, one of the largest TV providers in the United States, revealed that the "network outage" that happened on Tuesday was the result of a cybersecurity breach. This breach troubled the workers of Dish Network and its clients.  The impact of this data breach also led to a drop in their stock value. Data were stolen and the company had to reach out to professionals for help. The trespassing happened on February 23rd through an internal outage. While the company encounters network servers and IT telephony problems, customers also couldn't log into their accounts.   The impact of this cybersecurity breach is unexpected because the whole company network went through an outage, and even though it has been almost a week, the company is still trying to recover from the situation. Unfortunately, such a breach couldn't go unnoticed because of the size of the company.   Reference: https://www.cnbc.com/2023/02/28/dish-network-confirms-network-outage-was-a-cybersec...