Weekly Cyber Risk Roundup: Unique Cyber-Attacks and Insider Theft

Yahoo remained as the top trending cybercrime target due to a data breach affecting more than a billion accounts. The breach is so large that regulators such as the FTC and SEC are facing uncharted territory when it comes to potential fines or other consequences related to the incident, Vice News reported.   Looking beyond… Read More

Cybersecurity Budgets: Does More Money Equal More Secure?

I’ve read report after report showing that security budgets were increasing, yet the number of breaches at companies of all sizes also continues to climb. This leads me to believe that somewhere there is a breakdown in how cybersecurity programs are being run — where allocating more spend and focus on cybersecurity oftentimes does NOT… Read More

Weekly Cyber Risk Roundup: Largest Breach Ever and Law Firm Lawsuits

On Wednesday, Yahoo announced a data breach that affects more than one billion user accounts. The intrusion, which Yahoo believes occurred in August 2013, comes just months after the company announced a separate breach involving “at least 500 million user accounts.” The new breach was discovered after law enforcement received Yahoo data from a third… Read More

2017 Cyber Forecast: Blackmail Using Media and Sensitive Data Will Grow

The end of the year is drawing nearer, and with that comes a handful of traditions: family gatherings, eggnog by the fire, and everyone’s annual list of cybersecurity “predictions.” While it’s a bit semantic, I’m personally not a big fan of the term “predictions.” As someone who lives in the intel world, it’s more about… Read More

Weekly Cyber Risk Roundup: Another Botnet and the Gamification of Cybercrime

Botnets were once again front-and-center this past week as new developments were announced by security researchers, malicious actors and government officials. To start, CloudFlare observed a ten-day long series of distributed denial-of-service (DDoS) attacks that have generated as much as 400 Gbps in traffic, sparking fears of yet another massive botnet that can disrupt organizations.… Read More

Weekly Cyber Risk Roundup: Shamoon is Back and Marai Problems Continue

The European Commission is the top trending cybercrime target over the past two weeks after experiencing a distributed denial-of-service attack (DDoS) that brought down Internet access for several hours over two separate periods, making it difficult for employees to work, a staff member told Politico. However, the most impactful event from the period is the… Read More

San Francisco Muni Refuses Extortion Demands, But Many Others Choose to Pay

The San Francisco Municipal Transportation Agency (SFMTA) is continuing to deal with the fallout from a Friday ransomware attack that affected 900 office computers and led to passengers getting free rides as ticket machines were taken offline. The agency has since restored systems from a backup, and fares have been running as normal since Sunday; however, the… Read More