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Category: Business Sector

Politically motivated hacks: Moscow ISP hit in response to Kyivstar cyberattack; Taiwan bombarded with cyberattacks ahead of election

Posted on January 11, 2024 by Dissent

Politically motivated hacks continue. Two current examples outside of the U.S.: James Pearson and Tom Balmforth report: Hackers linked to Ukraine’s main spy agency have breached computer systems at a Moscow-based internet provider in retaliation for a Russian cyber attack against Ukrainian telecom giant Kyivstar, a source with direct knowledge of the operation told Reuters…

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How 50% of telco Orange Spain’s traffic got hijacked — a weak password

Posted on January 7, 2024 by Dissent

Kevin Beaumont explains: So here’s a funny story. Earlier today, I noticed Orange Spain had an outage, caused by what appeared to be a BGP hijack: […] So, how did it happen? The threat actor accessed Orange’s RIPE account. RIPE look after internet IP addresses, basically the phone book of the internet. From their RIPE…

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Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack

Posted on January 5, 2024 by Dissent

Insurance Journal reports: Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in July 2023 agreed to hear the case after a state appeals court ruled months prior against eight insurers, finding that a hostile/warlike action exclusion in…

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23andMe Says Breach Victims Are to Blame, Legal Action is Futile

Posted on January 5, 2024 by Dissent

As incident response and public relations go, blaming victims for your breach is generally not an impressive strategy.  Michael Edgar reports that 23andMe seems to be doing exactly that: Months after the San Francisco based company experienced a data breach impacting about 6.9 million users, 23andMe is now facing criticism for blaming victims of the breach and…

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Swedish Retail and Grocery Provider Coop Hit by Cactus Ransomware Gang

Posted on January 5, 2024 by Dissent

Pierluigi Paganini reports: Coop is one of the largest retail and grocery providers in Sweden, with approximately 800 stores across the country. The stores are co-owned by 3.5 million members in 29 consumer associations. All surplus that is created in the business goes back to the members or is reinvested in the business, which creates a…

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Orbit Chain’s Bridge Hacked for $81.5 Million in a Major Security Breach

Posted on January 2, 2024 by Dissent

Bhushan Akolkar reports: Although the cryptocurrency markets have progressed significantly bridge attacks and hacks continue to plague the market due to bad players. In a concerning development, Orbit Bridge, a prominent cross-chain bridge protocol, has experienced a notable outflow of $81.5 million across various cryptocurrencies, signaling a potential major hack. On December 31st, an anonymous…

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