Paul Bischoff reports: Comparitech researchers analyzed historical share price data of 24 companies listed on the New York Stock Exchange. For each stock, We pulled the closing share prices ranging from six months prior to a ransomware attack being publicly reported up to three years afterward. We additionally broke down the data by the type…
Category: Commentaries and Analyses
Tracking stolen crypto is a booming business: How blockchain sleuths recover digital loot
Dalvin Brown reports: Paolo Ardoino was on the front lines of one of the largest cryptocurrency heists of all time. He was flooded with calls and messages in August alerting him to a breach at Poly Network, a platform where users swap tokens among popular cryptocurrencies like Ethereum, Binance and Dogecoin. Hackers had made off…
NZ: Reserve Bank hit with compliance notice from Privacy Commissioner over data breach
Chris Keall reports: The Reserve Bank has suffered the ignominy of being the first organisation to be hit by a compliance notice under the new Privacy Act, which came into force in December last year. Privacy Commissioner John Edwards says an independent review carried out by KPMG after a December 2020 cyber attack “revealed multiple…
EU chief announces cybersecurity law for connected devices
Luca Bertuzzi reports: European Commission President Ursula von der Leyen announced on Wednesday (15 September) a Cyber Resilience Act aimed at setting common cybersecurity standards for connected devices. […] The Commission initiative adds to an existing proposal for a Directive on Security of Network and Information Systems, commonly known as the NIS2 Directive. NIS2 expands…
In: Teen helps IRCTC fix bug that could expose passenger’s private information
DNA reports: A 17-year-old student in a private school in Chennai’s Tambaram has helped the Indian Railway Catering and Tourism Corporation (IRCTC) fix a bug in its online ticketing platform, which could have exposed millions of passengers and their private information. Ranganathan said that the critical Insecure Object Direct References (IODR) vulnerability on the website…
CISA, FBI, and NSA Release Joint Cybersecurity Advisory on Conti Ransomware
Alert (AA21-265A): Conti Ransomware The Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) have observed the increased use of Conti ransomware in more than 400 attacks on U.S. and international organizations. In typical Conti ransomware attacks, malicious cyber actors steal files, encrypt servers and workstations, and demand a ransom payment….