Eisya A. Eloksari reports: A recent data breach case involving fintech aggregator platform Cermati.com, the fifth known this year, again highlights the vulnerability of user data on digital platforms and the urgency of a personal data protection bill, experts have said. Data on almost 3 million users from fintech aggregator platform Cermati.com was leaked and sold online…
Category: Commentaries and Analyses
Don ‘t pay ransom on the promise your data will be deleted, because it won’t be — Coveware
In Coveware’s Q3 2020 report, there’s a section on criminals not keeping their word about deleting data if you’ll just pay them their extortion demands (imagine criminals not keeping their word — oh, the shock): PAYING A RANSOM MAY NOT STOP RANSOMWARE GROUPS FROM LEAKING THE EXFILTRATED DATA Coveware feels that we have reached a…
New RegretLocker ransomware targets Windows virtual machines
Lawrence Abrams reports: A new ransomware called RegretLocker uses a variety of advanced features that allows it to encrypt virtual hard drives and close open files for encryption. RegretLocker was discovered in October and is a simple ransomware in terms of appearance as it does not contain a long-winded ransom note and uses email for communication…
A massive hacking network that Microsoft and the US military tried to stop last month is already back — and it could be a bad sign for Election Day
Aaron Holmes reports: Last month, Microsoft announced it had won a major victory in the fight against cybercrime. The company said in mid-October that it had thwarted Trickbot — a stubborn malware network that’s been used to infect critical computer systems, often shutting them down for ransom. Experts were relieved by the announcement; Trickbot and other ransomware…
Founder of hacker group Anonymous reveals his ultimate ‘end-game’
Shawn Langlois reports: Earlier this year, the Atlantic revealed Aubrey Cottle as the internet prankster who years ago started Anonymous, an amorphous collective of hackers and activists waging cyberwar against oppression and corruption by targeting institutions like the Church of Scientology, the Westboro Baptist Church and, most recently, the police department. “Anonymous has all walks of life,”…
ShopRite, Wakefern will pay $235k fine, improve security after massive data breach, AG says
Sophie Nieto-Munoz reports: ShopRite and its parent company, Wakefern Food Corporation, will pay $235,000 after two supermarkets threw away electronic devices exposing thousands of customers’ medical information, Attorney General Gurbir Grewal announced Monday. The company will also have to improve its data security after they failed to protect the information of more than 9,700 pharmaceutical customers…