Category Archives: Ransomware

Dozens of cyber attacks target UAE Government and companies in January

Cyber attacks against Government organisations and private company websites fell by three-quarters last month according to a new report.

According to the Telecommunications Regulations Authority, hackers targeted 34 websites in January compared with 136 attacks in January 2017.

The TRA said its emergency response team had quantified the attacks as including eight breaches of data, three attempts to block or deface websites and 16 cases of what it called “fraudulent offences.”

If the trend were to continue, it would be a rare sign of good news in an increasingly challenging environment for cyber security both in the UAE and worldwide.

The latest Norton Security Insights Report, published last month, claimed that cyber criminals stole almost Dh4 billion from victims in the UAE during 2017.

The report estimated more than half the adult population had been victims, with each losing an average of Dh669 and spending six days dealing with the fall out.

Norton Security blamed wearable

Read more at: https://www.thenational.ae/uae/dozens-of-cyber-attacks-target-uae-government-and-companies-in-january-1.705881

Siemens joins with Airbus, IBM to try to counter large-scale hacking attacks

Siemens is joining with companies including Airbus and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.

The group signed a charter Friday at a security conference in Munich urging stronger safeguards against assaults on digital systems that control homes, hospitals, factories and nearly all infrastructure. The charter aims to set a standard for companies to find trustworthy business partners, or avoid those outside that circle, Siemens Chief Executive Officer Joe Kaeser said.

“If companies along the value chain share their experiences, then we can prevent a lot of things,” said Kaeser, who helped initiate the charter. Conversely, “if you haven’t established a certain set of elements, then you’re not part of the it. There has to be a unified approach.”

The initiative comes amid an ongoing investigation in the U.S. into allegations of Russian interference in the 2016 election,

Read more at: http://www.concordmonitor.com/Siemens-teams-with-Airbus-IBM-in-cyberattack-defense-plan-15649742

UK, US Governments Attribute NotPetya Attack To Russian Military

According to the UK and U.S. governments, the Russian military launched the NotPetya attack last June, causing billions of dollars in damage in multiple countries, in an effort to destabilize Ukraine.

NotPetya’s Devastating Attack

The NotPetya malware got its name because it was built out of a variant of another strain of malware called Petya. Initially, security experts thought it was the same Petya attack they’ve seen before, because the two malware strains shared much of the code. The original Petya developer eventually had to release the master key to the existing Petya malware just to prove he or his group were not behind the NotPetya attack.

NotPetya was disguised as ransomware, perhaps to make everyone believe that the people behind it are just another cyber crime group trying to make money from ransomware. In reality, NotPetya’s goals were either to Read more at: http://www.tomshardware.com/news/uk-us-notpetya-russian-military,36537.html

Siemens Joins 8 Industry Partners (Including Allianz) to Build Cyber Security

Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.

The group plans to sign a charter Friday at a security conference in Munich urging stronger safeguards against assaults on digital systems that control homes, hospitals, factories and nearly all infrastructure.

“The risk of exposure to malicious cyber attacks is growing dramatically,” it said in a statement. Failure to protect the systems “could have devastating consequences” for democratic and economic values.

The initiative comes amid an ongoing investigation in the U.S. into allegations of Russian interference in the 2016 election, and after computer malware has already shown its ability to spread through systems worldwide. Last year’s WannaCry ransomware crippled parts of Britain’s National Health Service and infected more than 300,000 computers across 150 countries. The cost of cyber

Read more at: https://www.insurancejournal.com/news/international/2018/02/16/480907.htm

Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks

Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.

The group plans to sign a charter Friday at a security conference in Munich urging stronger safeguards against assaults on digital systems that control homes, hospitals, factories and nearly all infrastructure.

“The risk of exposure to malicious cyber attacks is growing dramatically,” it said in a statement. Failure to protect the systems “could have devastating consequences” for democratic and economic values.

The initiative comes amid an ongoing investigation in the U.S. into allegations of Russian interference in the 2016 election, and after computer malware has already shown its ability to spread through systems worldwide. Last year’s WannaCry ransomware crippled parts of Britain’s National Health Service and infected more than 300,000 computers across 150 countries. The cost of cyber

Read more at: https://www.insurancejournal.com/news/international/2018/02/16/480907.htm

Siemens Joins 8 Industry Partners (Including Allianz) to Counter …

Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.

The group plans to sign a charter Friday at a security conference in Munich urging stronger safeguards against assaults on digital systems that control homes, hospitals, factories and nearly all infrastructure.

“The risk of exposure to malicious cyber attacks is growing dramatically,” it said in a statement. Failure to protect the systems “could have devastating consequences” for democratic and economic values.

The initiative comes amid an ongoing investigation in the U.S. into allegations of Russian interference in the 2016 election, and after computer malware has already shown its ability to spread through systems worldwide. Last year’s WannaCry ransomware crippled parts of Britain’s National Health Service and infected more than 300,000 computers across 150 countries. The cost of cyber

Read more at: https://www.insurancejournal.com/news/international/2018/02/16/480907.htm

CSU launches controversial Dark Web university subject – Media …

MELBOURNE: Friday, 16 February 2018 – IT Masters, an industry-based organisation that partners with Charles Sturt University (CSU) to provide online Masters degrees to IT professionals is experiencing unprecedented interest in the new Dark Web subject it is offering as part of its Cyber Security Masters degree.

According to IT Masters’ Director, Martin Hale there was a “robust debate” within CSU’s School of Computing and Mathematics as to whether such a course should be offered.

“When we proposed running this course, we expected to come up against resistance because of the sensitivity of the subject matter,” Hale said. “In the end, however, the school decided that it was important that graduates had an in-depth knowledge of how the cyber crime economy functions.

“The Dark Web is a growing, hidden economy where anonymous marketplaces trade in everything from illegal drugs, hacking tools, ransomware scams, personal data, forged documents and industrial secrets.

“It is a complex,

Read more at: https://www.cso.com.au/mediareleases/31097/csu-launches-controversial-dark-web-university/

This lucrative ransomware campaign secretly surveys vulnerable networks to maximise infections

An opportunistic ransomware campaign is infecting transport networks, hospitals, education facilities and more by actively seeking out vulnerable systems, and then using them as a gateway to spread laterally across the networks.

Rather than propagating via phishing emails, this campaign looks for Read more at: http://www.zdnet.com/article/this-lucrative-ransomware-campaign-infiltrates-vulnerable-systems-and-secretly-surveys-networks-to/

Trend Micro in strategies to push sales

Piyatida Tantrakul, country manager at Trend Micro (Thailand), said that new strategies would see it focus on network defence to protect complex networks, as well as on hybrid cloud security to support cloud services and aid virtualisation, and on user protection for cloud applications to help give companies more confidence to shift into cloud computing.

The company this year will also concentrate on the small and medium business (SMB) segment, as well as the enterprise market. It will increase marketing channels by boosting the number of business partners by around 20 per cent from the current 100 to cover its market nationwide. Staff resources on the team handling the SMB market will be increased by 20 per cent. 

Piyatida said that cyber threats were increasing as criminals made use of machine learning in their activities. Cyber crime was also on the rise due to the increasing number of businesses connected on the

Read more at: http://www.nationmultimedia.com/detail/Corporate/30338859

Support for schools in battle to help keep young people safe online

SCHOOLS are being supported to protect children from online dangers.

A police-led Bradford District Cyber Team is staging awareness-raising initiatives and events, to help both schools and parents.

The PCSO team – comprising Izac Spencer, Sergeant Adam Taylor, Luke Carson, Samina Potrick, Samia Arif, Sergeant Rajwinder Driver, Joanne Cato and Michael Wright – is based at Lawcroft House police station in Bradford, but works across the district.

It was initially set-up as a pilot scheme in 2015, and has proved hugely successful.

The team works predominantly with primary school children, ranging in age from seven to 11.

It visits more than 150 schools as part of its work, but is also keen on parental involvement.

“Cyber crime is the fastest-growing crime type,” said Sgt Taylor.

“The team keeps well informed of new and emerging trends so that we can raise awareness

Read more at: http://www.keighleynews.co.uk/news/15993449.Support_for_schools_in_battle_to_help_keep_young_people_safe_online/