Weekly Cyber Risk Roundup: UniCredit Breach and Two Swedish Officials Resign

The Italian bank UniCredit was among the week’s top trending cybercrime targets after the bank announced it had been the victim of two separate data breaches affecting approximately 400,000 customers who had taken out personal loans. The first breach occurred between September and October 2016, and the second breach occurred between June and July 2017,… Read More

Leaked Exploits Have Fueled Cybercrime So Far in 2017, Says New Report

Leaked exploits and increased cybercrime-as-a-service offerings — along with the expanding digital footprints of organizations — helped to fuel cybercrime in the first half of 2017, according to a mid-year threat intelligence report from SurfWatch Labs. The global outbreaks of WannaCry and NotPetya have dominated headlines so far this year. Although vastly different from the record-setting,… Read More

Weekly Cyber Risk Roundup: Three Ethereum Heists and NotPetya Fallout Continues

The cryptocurrency Ethereum made numerous headlines this past week due to three separate multi-million dollar thefts: one due to a bug in the code of the Parity Ethereum client, one caused by a website hack that redirected funds meant for the Initial Coin Offering (ICO) of Coindash, and one tied to a hacker managing to… Read More

AlphaBay and Hansa Brought Down by Basic Mistakes, Indictment Reveals

On Thursday morning, the Department of Justice, Europol, and Dutch authorities announced a coordinated law enforcement takedown of AlphaBay and Hansa Market, two of the three largest dark web marketplaces used to buy and sell illicit goods and services. AlphaBay has been offline since July 5, the same day that founder Alexander Cazes was arrested… Read More

Weekly Cyber Risk Roundup: Big Telecom Leaks and AlphaBay Goes Offline

Massive database leaks were once again among the week’s top trending cybercrime targets, including incidents involving U.S. Verizon customers, France’s Orange S.A, and India’s Reliance Jio Infocomm. The Verizon leak was caused by a third-party engineer at NICE Systems and affected as many as 14 million U.S. customers. The engineer appears to have created a… Read More

Weekly Cyber Risk Roundup: Cryptocurrency Wallets Emptied and a Dozen Power Plants Breached

Cryptocurrency theft was among the week’s top trending cybercrime practices due to users at both South Korean cryptocurrency exchange Bithumb and Classic Ether Wallet reporting that their digital currency wallets were emptied due to cyber-attacks. Bithumb reported that one of its employees personal computers had been hacked in February 2017 and that the personal details… Read More

Weekly Cyber Risk Roundup: Banks Threatened with DDoS Attacks and Researchers Investigate NotPetya

South Korean financial institutions dominated the week’s top trending targets due to a series of extortion demands that have threatened distributed denial-of-service (DDoS) attacks unless those institutions pay between 10 and 15 bitcoins ($24,000 to $36,000) in ransom each. At least 27 financial institutions received the extortion demands from a group claiming to be the… Read More