Tag Archives: world

The Changing World of Cyber Liability Insurance

In May, a piece of ransomware known as “WannaCry” paralyzed businesses, government entities and Great Britain’s National Health Service in one of the largest global cyberattacks to date.

The following month, it was “Petya,” another massive cyberattack that crisscrossed the globe, bringing Russian oil companies, Ukrainian banks and a mass of multi-national corporations to their collective knees.

Read more at: http://www.cutimes.com/2017/08/04/the-changing-world-of-cyber-liability-insurance

Australians are world’s biggest cyberattack ransom payers: Malwarebytes survey

Michael Bailey

by

Michael Bailey

Australian small-to-medium enterprises are nearly twice as likely to pay a ransom demanded by cyber criminals as are their counterparts offshore, even though only 40 per cent of those who didn’t pay actually lost any files.

The level of corporate alarm at so-called “ransomware” has increased in the wake of 2017’s “WannaCry” and “Petya” attacks, where thousands of businesses and government organisations worldwide had their files locked up (or “encrypted”) pending payment

Read more at: http://www.afr.com/leadership/entrepreneur/australians-are-worlds-biggest-cyberattack-ransom-payers-malwarebytes-survey-20170802-gxnqb7

Five of the worst cases of cyber crime the world has ever seen – from data theft of one BILLION Yahoo users to …

CYBER crime can affect anyone at any time.

Our sharing of personal information and reliance on online services make us all potential targets of internet crime.

Cyber crime is on the rise and can affect billions worldwide

Cyber crime is on the rise and can affect billions worldwide

And while we hope that the institutions we trust our information with have the strongest measures in place protect it, unfortunately that isn’t always possible.

Midway through 2017, the UK fell victim to one of the most crippling cyber attacks it had ever experienced.

The WannaCry virus infiltrated the NHS computer system and left it completely disabled for most of the week.

Forcing hospitals and medical practitioners to operate entirely offline, it exposed a major hole in the cyber security of the UK’s healthcare system.

But this was just one of a number of incidences that have affected

Read more at: https://www.thesun.co.uk/tech/4120942/five-of-the-worst-cases-of-cyber-crime-the-world-has-ever-seen-from-data-theft-of-one-billion-yahoo-users-to-crippling-the-nhs/

Cyber world

Amna Ejaz Rafi
IN 1969, ARPANET (Advanced Research Projects Agency Network) was created by connecting few computers. In 1972, the codes for exchanging data were created and an internet capable of exchanging packets of digital information was formed. The World Wide Web began in 1989. Later, developments led to the creation of research engine Google and the ICANN-Internet Corporation for Assigned Names and Numbers in 1998. The open source encyclopedia, Wikipedia began in 2001. These digital advancements had an impact on research. Students through technological exchange can access the research of other countries. In 1992, there were only a million internet users; within fifteen years that had grown to a billion. In 1993, there were about 50 websites in the world; by the end of the decade, that number had surpassed 5 million, and in 2010, China alone had nearly 400

Read more at: http://pakobserver.net/cyber-world/

The "anything goes" world of the dark web – The San Diego Union

The offer is blunt and chilling.

Someone by the name of Rent-A-Hacker claims in an online ad that you can hire him to destroy the reputation of any person or business you desire.

“If you want someone to get known as a child-porn user, no problem,” the ad reads. “I’ll do anything for money.”

That’s not hyperbole. Cyber experts said you can anonymously hire hackers to wreak havoc on everything from one person to tens of thousands of hospitals, banks, universities, power plants, government agencies and other major institutions and businesses around the globe.

Exploring the "anything goes" world of the dark web – The San Diego Union

The offer is blunt and chilling.

Someone by the name of Rent-A-Hacker claims in an online ad that you can hire him to destroy the reputation of any person or business you desire.

“If you want someone to get known as a child-porn user, no problem,” the ad reads. “I’ll do anything for money.”

That’s not hyperbole. Cyber experts said you can anonymously hire hackers to wreak havoc on everything from one person to tens of thousands of hospitals, banks, universities, power plants, government agencies and other major institutions and businesses around the globe.

The dark world of Cyber crimes are now ‘popular’ themes for web series

The real world has been a perennial source of inspiration for TV shows and movies. But, it is about time that the virtual world started inspiring the creative minds behind the lens. There are a lot of crime patrolling shows with characters that are ‘hackers’ but a few cater to the complicities of a virtual world. Now is the time to mirror the virtual battle ground for crime, the cyber crimes. While there are not many but, joining the bandwagon of such cyber crimes based shows, a new web-series- Cybersquad has been launched by ALTBalaji that will explore the dark side of the Internet- a world where hackers hide behind their laptop screens to attack innocent people.

The storyline of Cybersquad resonates with the life of every internet user today. In the present age of technology and social media, our identities belong to the Internet companies and nothing

Read more at: http://www.ciol.com/the-dark-world-of-cyber-crimes-are-now-popular-themes-for-web-series/

Nato warns cyber attacks ‘could trigger Article 5’ as world reels from Ukraine hack

Some Ukrainian commentators have blamed the attack on Russia, and said it may have been coordinated with the assassination of a senior Ukrainian intelligence officer.

Maksim Shapoval, a colonel in Ukrainian military intelligence, was killed when a bomb exploded under his Mercedes in Kiev early on Wednesday morning.  Col Shapoval had recently returned from eastern Ukraine, where Ukrainian troops are fighting Russian-backed separatist forces. 

Anton Gerashchenko, an aide to the Interior Ministry, described the attacks as “part of the overall strategy of the hybrid war of the Russian Empire against Ukraine” and said the demands for ransom payments were merely cover for an attempt to destabilize the country.

Another intelligence officer, Col Yuri Vozny, was killed in an apparent car bombing in east Ukraine on Wednesday, local media said.

The Russian government on Wednesday called for international action to tackle cyber crime.

Read more at: http://www.telegraph.co.uk/news/2017/06/28/nato-assisting-ukrainian-cyber-defences-ransom-ware-attack-cripples/

WORLD CYBER ATTACK: How to unlock computers hacked by Petya virus

“While collaboration across organisations and individuals is also a highly effective method of prevention and mitigation.

Sharing experience or research on various types of ransomware helps to dilute their effectiveness.”

Victims can also use Fabian Wosar’s Peta Sector Extractor to automatically grab this data. 

Once this process is complete, the hard drive can be reattached, decrypted and the system rebooted, but free of this vicious strain of malware. 

This software was initially designed by the developer to help his father-in-law unlock a Petya-infected system.

Read more at: http://www.express.co.uk/news/world/822038/Petya-ransomware-cyber-attack-unlock-virus-free