What’s Everyone Talking About? Trending Cybercrime Events The big news for this week was the CISCO warning of 500,000 routers being hacked by Russian criminal hackers in a bid to attack Ukraine. According to CNBC, “Cisco’s Talos cyber intelligence unit said it has high confidence that the Russian government is behind the campaign, dubbed VPNFilter, … Continue reading "Weekly Cyber Risk Roundup: FBI Advises Home Router Resets"
Last week, researchers observed a 1.35 Tbps distributed denial-of-service attack (DDOS) attack targeting GitHub. It was the largest DDoS attack ever recorded, surpassing the 1.2 Tbps attack against DNS provider Dyn in October 2016. The attack leveraged a newly observed reflection and amplification vector known as memcached. Akamai researchers warned that other organizations experienced similar … Continue reading "Weekly Cyber Risk Roundup: Record-Setting DDoS Attacks, Data Breach Costs"
The FBI is once again warning organizations that there has been an increase in phishing campaigns targeting employee W-2 information. In addition, this week saw new breach notifications related to W-2 theft, as well as reports of a threat actor targeting Fortune 500 companies with business email compromise (BEC) scams in order to steal millions … Continue reading "Weekly Cyber Risk Roundup: W-2 Theft, BEC Scams, and SEC Guidance"
More information was revealed this week about the Olympic Destroyer malware and how it was used to disrupt the availability of the Pyeonchang Olympic’s official website for a 12-hour period earlier this month. It appears that back in December, a threat actor may have compromised the computer system’s of Atos, an IT service provider for … Continue reading "Weekly Cyber Risk Roundup: Olympic Malware and Russian Cybercrime"