Backup plans continue to be one of the most important ways to respond to a ransomware attack. If you have a backup plan, have tested it, and can migrate to it, you are better equipped to be able to respond when your system is locked by ransomware. If you do not have backups of your
cyberattacks
Privacy Tip #127 – Emails Continue to Pose High Risk to Companies
By Linn Foster Freedman on
Posted in Privacy Tips
According to a Proofpoint study that analyzed 160 billion emails delivered to 2,400 global companies at the end of 2017, 88.8 percent of organizations were targeted by at least one email phishing attack over the past year. This is an increase over its 2016 report conclusion of 75 percent.
In addition, more identities were spoofed…
Another Hitch in the Crypto Boom? North Korean Malware Hijacks Computers to Mine Monero Cryptocurrency
By Scott Baird & Norman Roos on
Posted in Cybersecurity
Researchers at cybersecurity firm AlienVault have discovered a computer virus of North Korean origin which infects and hijacks computers in order to mine Monero, a private digital currency which styles itself as “secure, private and untraceable.” Cryptocurrency mining is the resource-intensive process by which computers or “miners” running specific software verify cryptocurrency transactions. In exchange for their computing power, miners are given small amounts of cryptocurrency. In the case of North Korean’s Monero malware, the virus installs mining software on infected computers unbeknownst to their owners or users. The software then secretly mines Monero and sends mining rewards back to a server located at Kim II Sung University in Pyongyang. Researchers are unsure how many computers may be affected.…
Continue Reading Another Hitch in the Crypto Boom? North Korean Malware Hijacks Computers to Mine Monero Cryptocurrency
Cybersecurity Risks to the Manufacturing Sector
By Linn Foster Freedman on
Posted in Cybersecurity
The 2016 Manufacturing Report by Sikich finds that there has been a progressive growth in cyber-attacks in the manufacturing sector. This is consistent with the most recent IBM/X-Force Research 2016 Cyber Security Intelligence Index, which notes that the manufacturing industry represents the second most attacked industry, just behind health care.
Manufacturing companies often don’t believe…
Sanction rules adopted for cyberattackers
By Linn Foster Freedman on
Posted in Cybersecurity
The federal government issued The Cyber-Related Sanctions Regulation on December 31, 2015, which allows the freezing of assets of suspects who aid in cyberattacks. The Regulation follows an Executive Order from April, 2015, which allows officials to determine that money transfers by individuals suspected of playing a role in a cyberattack targeting national security, foreign…