Weekly Cyber Risk Roundup: Yahoo’s Value Drops and New Regulations

Yahoo is once again back in the news for a variety of reasons, including a reported third data breach. However, it appears the reports of a “new breach” stem from additional notifications that were sent to some users on Wednesday regarding forged cookies being used to access accounts. Yahoo first disclosed that it was notifying… Read More

Weekly Cyber Risk Roundup: New PoS Breaches and Simple Attacks

The week’s top trending event was the compromise at Freedom Hosting II, which has been estimated to host as much as 20 percent of active dark web sites. As a result, thousands of dark web sites were taken offline, and the stolen data has since been widely shared. Security researcher Troy Hunt, who reviewed some… Read More

Weekly Cyber Risk Roundup: Ransomware and Insecure Databases Dominate Headlines

Ransomware and extortion continue to dominate the headlines in 2017. The past week saw several widely reported incidents involving service outages and lost data due to infections, as well as warnings that malicious actors are attempting to extort organizations via the threat of DDoS attacks. The Austrian hotel Romantik Seehotel Jägerwirt paid approximately $1600 in… Read More

W-2 Breach Count Hits 24, Rising Fast as More Organizations Get Phished

Tax season has begun, and with it comes renewed opportunity for cybercriminals to steal W-2 information in order to file fraudulent tax returns or sell employee data on the dark web. The past two weeks have seen at least 24 organizations publicly tied to W-2 data breaches — and more breach announcements will likely be made in the coming months.… Read More

Weekly Cyber Risk Roundup: DDoS Attacks Disrupt Services and SEC Probes Yahoo

A series of distributed denial-of-service (DDoS) attacks against financial institutions led to customers of Lloyds Banking Group experiencing intermittent outages over a 48-hour period and was the top trending cybercrime event over the past week. The Guardian reported that the attacks hit Lloyds, Halifax and Bank of Scotland from January 11 to January 13. IBTimes… Read More

Weekly Cyber Risk Roundup: Ransomware Disrupts Organizations and Massive Data Leaks

Extortion is once again the top trending cybercrime issue as concern continues around the theft, destruction and blackmail related to thousands of insecure MongoDB, Elasticsearch, CouchDB and Hadoop Distributed File System installations. While those stories led much of the past week’s discussion, there was also a steady stream of reports of organizations being infected with… Read More

Weekly Cyber Risk Roundup: More Extortion and Marijuana Retailers’ Woes

Extortion continues to dominate the cybercrime headlines in 2017 with the week’s top two trending targets being the successful ransom at Los Angeles Valley College and continued extortion attempts around MongoDB databases. It was less than a year ago that Hollywood Presbyterian Medical Center became a national news story by paying a $17,000 ransomware demand… Read More

Organizations Struggle with Third Party and Supply Chain Cybercrime, Says New Report

The past year saw organizations struggle with third-party issues as malicious actors shifted their tactics towards weak points in the supply chain and exploited the interconnected nature of cybercrime, according to a new report from SurfWatch Labs. “One of the most telling statistics in all of SurfWatch Labs’ evaluated cyber threat data is the rise of… Read More

Weekly Cyber Risk Roundup: Russian Hacking and New Extortion Campaigns

This week’s top trending cybercrime story is a hack that wasn’t: Vermont’s Burlington Electric Department. A December 30 Washington Post story falsely claimed that Russian threat actors had penetrated the U.S. power grid via the Vermont utility. That story has since been widely debunked, as the alleged international hacking incident was set off by a… Read More

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