Weekly Cyber Risk Roundup: WannaCry Updates and Sensitive Leaks Continue

WannaCry remained as the week’s top trending cybercrime target as organizations continued to deal with the fallout from being infected and researchers uncovered more information on the ransomware. On Friday, a Kaspersky Lab researcher tweeted that machines running Windows 7 were the most impacted by WannaCry, accounting for more than 97 percent of total infections… Read More

As WannaCry Spreads, Law Firm Reveals Separate Ransomware Cost Them $700,000

Businesses across the world are still recovering from last Friday’s outbreak of the WannaCry ransomware. On Monday, White House homeland security adviser Tom Bossert said that the ransomware had hit more than 300,000 computers, and security researchers have since detected several new versions of the malware — at least one of which doesn’t have the… Read More

Weekly Cyber Risk Roundup: WannaCrypt Spreads and Trump Signs Executive Order

The week’s top cybercrime event was the spread of WannaCrypt ransomware, which managed to infect tens of thousands of computers on Friday. The attack affected NHS hospitals and facilities in England and Scotland, Telefonica and Gas Natural in Spain, FedEx in the U.S., and numerous other organizations — largely across Asia and Europe. By Saturday… Read More

Preparedness & Cyber Risk Reduction Part One: Introduction to the Preparedness Cycle

Bad things happen. Whether we’re dealing with our personal or professional business, life seems to always have a variety of bumps and obstacles that pop up in our path. We should anticipate that these disruptions will arise and prepare ourselves to move through them as successfully and efficiently as possible while minimizing the impacts the… Read More

Weekly Cyber Risk Roundup: TheDarkOverlord Returns and Multiple Attacks Circumvent 2FA

TheDarkOverlord was back in the news this week due to leaking data from multiple companies after failed extortion attempts. The most prominent leak involved Netflix, which had the first 10 episodes of the fifth season of its show Orange is the New Black leaked after it refused to cave to the actor’s ransom demands. The… Read More

Greater Interconnectivity Means a Greater Level of Presence and in Turn More Risk

Technology advances continue to push boundaries — remember when a phone was just a phone?! More “smart” devices, more interconnectivity between businesses and customers, businesses and suppliers, businesses and partners … all of this speeds transactions and the way business is conducted. Information is shared, items are purchased — all with the click of a button these… Read More

Talking Strategic, Operational and Tactical Threat Intelligence

Cyber threat intelligence has become increasingly popular over the past few years. With that rise comes a variety of questions around the different types of intelligence that is available and how that intelligence can be best implemented by organizations looking to mitigate their cyber risk. According to SurfWatch Labs chief security strategist Adam Meyer, there are… Read More

Weekly Cyber Risk Roundup: Ashley Madison Blackmail Returns, Facebook and Google Victims of Fraud

An old data breach came back to life this week as Ashley Madison users who had their data compromised back in July 2015 are once again being blackmailed — this time by an extortion group threatening to launch a public website and contact people in victims’ social media networks. The website will allegedly be launched… Read More

Behind the Scenes of a $170 Million Payment Card Fraud Operation

On Friday, 32-year-old Russian hacker Roman Seleznev was sentenced to 27 years in prison for running a cybercriminal operation that stole millions of payment cards, resulting in at least $169 million in damages to small business and financial institutions. It’s the longest sentence ever issued in the U.S. for cybercrime, and the court documents and… Read More

Weekly Cyber Risk Roundup: Payment Card Data at Risk Due to POS Breaches and Ecommerce Vulnerabilities

Point-of-sale breaches were once again among the week’s top trending cybercrime targets, as InterContinental Hotels Group (IHG) announced that its previously disclosed POS breach had expanded from the dozen properties reported in February to at least 1,175 properties. Affected hotels include popular brands such as Holiday Inn, Holiday Inn Express, InterContinental, Kimpton Hotels, Crowne Plaza,… Read More