Tag Archives: cyberattacks

Another Hitch in the Crypto Boom? North Korean Malware Hijacks Computers to Mine Monero Cryptocurrency

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 … Continue Reading

Cybersecurity Risks to the Manufacturing Sector

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 … Continue Reading

Sanction rules adopted for cyberattackers

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 … Continue Reading
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