Microsoft warns ransomware cyber-attack is a wake-up call
“A cyber-attack that has hit 150 countries since Friday should be treated by governments around the world as a “wake-up call”, Microsoft says. It blamed governments for storing data on software vulnerabilities which could then be accessed by hackers. It says the latest virus exploits a flaw in Microsoft Windows identified by, and stolen from, […]
Log in, look out: Cyberattack havoc may grow at week’s start
“An unprecedented ‘‘ransomware’’ cyberattack that has already hit tens of thousands of victims in 150 countries could wreak greater havoc as more malicious variations appear and people return to their desks Monday and power up computers at the start of the workweek. As a loose global network of cybersecurity experts fought a rearguard battle against […]
Global Cyberattack Reaches ‘Unprecedented’ Scale
More than 150 countries have been hit by the coordinated hack, with some of the world’s largest institutions still struggling to recover. Friday’s global cyberattack on businesses, universities, and health systems has reached new size, with large institutions and security experts hurrying to address a breach that has now affected more than 150 countries. The […]
Hacker Accused of Carrying Out Business Email Scam Netting $100M
“The U.S. Department of Justice announced on March 21 that it is charging a lone individual in connection with a business email compromise scam that resulted in the theft of more than $100 million from a pair of U.S. corporations. The DOJ charges come as new research indicates that business email compromises are an increasingly […]
DATA BREACH REPORTS SET TO “SKYROCKET” IN 2017 THANKS TO PASSING OF DIGITAL PRIVACY ACT
“Reports of data breaches in Canada will “skyrocket” this year, Kevvie Fowler, KPMG’s national leader of cyber response in Canada, has predicted to the CBC. Upcoming changes in Canadian privacy law, as well as guidance from the Canadian Securities Administrators (CSA), will force companies to be more transparent about cyberattacks than they have in the […]
Hackers break into Polish banks through government regulator charged with bank security standards
“Polish banks have spent the last week searching for hackers who broke into several of the country’s financial institutions in an incident that looks to be three months old, according to Polish media. The malware infection appears to have come through — of all things — compromised servers at the Polish financial regulator KNF, which […]
Thousands of University of Alberta students, faculty, staff put at risk in malware security breach
“Malware put more than 3,000 University of Alberta faculty, staff and students at risk late last year, but because of a police probe resulting in charges against a student, the breach wasn’t shared campus-wide until Thursday. The case involved the installation of malware on 300 computers in 20 classrooms and labs in the Library Knowledge […]
Russia penetrated Vermont utility company computer
“Malicious software believed tied to a Russian hacking group associated with attempts to influence the U.S. presidential election was found Friday within a computer that belongs to Burlington Electric, one of Vermont’s electrical utilities. The utility found the malware on a laptop not connected to the operation of the grid, said Commissioner Christopher Recchia of […]
U.S. accuses Chinese citizens of hacking law firms, insider trading
“Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday. Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed […]
Chinese government has arrested hackers it says breached OPM database
“The Chinese government recently arrested a handful of hackers it says were connected to the breach of Office of Personnel Management’s database this year, a mammoth break-in that exposed the records of more than 22 million current and former federal employees. The arrests took place shortly before a state visit in September by President Xi […]