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Tag: cyberattack

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Employees Maliciously Cause Data Breaches at American Express and Yahoo

In two separate incidents, U.S. companies American Express and Yahoo have both been affected by data breaches of their clients’ personal information. Both attacks were the result of insider threats – a type of cyberattack caused by an internal person in the company. The American Express Incident American Express stated that data that was leaked…
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What Is Malware and How Can You Stop It?

Malware, or malicious software, is any piece of software that is developed with malicious intent. There are many strains of malware that do everything from stealing sensitive data to locking files behind ransom walls. There are many ways that a computer can become infected with malware. Many of these, such as phishing, rely on user…
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3rd Party Programs: Are They Cybersecurity Weakpoints?

Almost 400 dental offices were infected with ransomware in a cyberattack this August. The computers became infected after DDS Safe, a 3rd party cloud backup software that all the affected offices were using, was compromised. The software was developed by Dental Technology Company PerCSoft. Affected offices had their computer files encrypted behind ransomwalls. On August…
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VPN Devices Need Patching: New Vulnerabilities Have Been Discovered

The Canadian Centre for Cybersecurity recently stressed the importance of keeping VPN devices up-to-date. Because VPN devices act as points of contact between a network and the internet, they are particularly vulnerable to cyberattack. The Centre for Cybersecurity identified four types of VPN that are particularly vulnerable: Fortinet Forigate, Palo Alto GlobalProtect, Pulse Connect Secure,…
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22 Governments in Texas Hit By First Coordinated Ransomware Attack

On August 16th, the Texas Department of Information Resources (DIR) stated that 22 local Texan governments were simultaneously hit by coordinated ransomware attacks. They also stated that most of the victims were small-sized local governments. While government-targeted ransomware attacks are not new, this is the first incident of this scale and level of coordination. According…
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Cyberattackers Are Targeting IOT Devices: How Do You Defend Yourself?

A new threat group, called “STRONTIUM”, was recently discovered by the Microsoft Threat Intelligence Center (MSTIC). In April 2019, this cyberthreat infiltrated private company networks through 3 different IoT devices – a VoIP phone, printer, and video decoder. The Microsoft researchers reported that the devices were compromised as a result of the devices running out-of-date…
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106 Million Affected By Capital One Data Breach

In one of the largest financial data theft incidents in history, Capital One Financial Corporation reported on July 19th 2019 that around 106 million of its clients’ data was leaked due to cyberattack. Of the affected, 100 million are located in the U.S. and 6 million in Canada. Capital One announced that personal client information…
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Fileless Malware is Difficult to Detect, Dangerous, and On-The-Rise

Fileless Malware Attacks are on the rise. The Canadian Centre for Cyber Security warns the public to watch out for this dangerous type of cyberattack. Fileless malware attacks are a particularly dangerous strain of malicious software (malware) that are difficult to detect due to their ability to exploit your own programs to mask themselves. This…
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Human Error is still a Leading Cause of Cyber Insurance Incidents, says CFC Underwriting

Multinational insurance company CFC Underwriting says that human error still remains a primary factor in the thousands of cybersecurity insurance claims that the company handles. In 2018, the insurance company received over a thousand claims relating to ransomware, malware, data breaches, and data theft. Of these incidents, CFC Underwriting notes that the following human-driven errors…
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Florida’s Lake City and Riviera Beach City Hit by Ransomware, Pays $500 000 each for Decryption

The list of ransomware victims continues to grow. Florida’s Lake City and Riviera Beach City have both fallen victim to cyberattack. Both cities have been forced to pay $500 000 each to the attackers in attempts to unlock the encrypted files. On June 5th, the City of Riviera Beach released an official announcement stating that…
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