Kyodo News reports: Kobe Steel Ltd. and satellite data provider Pasco Corp. have come under cyberattacks, the latest in a series of confirmed cases of attacks on Japanese defense-related companies, the Defense Ministry said Thursday. The ministry, however, said it has not confirmed a leakage of classified information from the two companies. Read more on…
Category: Commentaries and Analyses
Maryland Court Finds Coverage for Lost Data and Slow Computers After Ransomware Attack
Seen on Hunton Andrews Kurth’s blog, As previously posted on our Hunton Insurance Recovery blog, a Maryland federal court awarded summary judgment to policyholder National Ink in National Ink and Stitch, LLC v. State Auto Property and Casualty Insurance Company, finding coverage for a cyber attack under a non-cyber insurance policy after the insured’s server and networked…
Mississippi Public School Districts May Not Be Ready to Comply with New Statewide Cybersecurity Requirements
Adam V. Griffin and James A. Keith of Adams and Reese LLP explain: The Mississippi Department of Education (MDE) is seeking public comment on a proposed rule pertaining to cybersecurity that will require Mississippi public school districts to take substantial actions to prepare. The rule would require each district to: Implement 22 enumerated policies related…
Hackers can hijack Philips smart bulb to spread spyware: Check Point Security
Rohit KVN reports: For the past few years, people have increasingly embracing Internet-of-Things (IoT)-based smart speakers and related accessories like lights and other consumer electronics. …. During a routine security screen, Check Point researchers tested popular Philips Hue smart bulbs and bridge, and to their shock, found vulnerabilities (CVE-2020-6007) that easily allowed them to breach…
DoppelPaymer Ransomware Sells Victims’ Data on Darknet if Not Paid
Lawrence Abrams reports: The DoppelPaymer Ransomware is the latest family threatening to sell or publish a victim’s stolen files if they do not pay a ransom demand. A new tactic being used by ransomware operators that perform network-wide encryption is to steal a victim’s files before encrypting any devices. They then threaten to publish or sell this…
Genesis market 2020 overview, a bazaar for buying data out of compromised computers.
Under The Breach explains: A group of sophisticated hackers team up to sell the data of computers they managed to infect. The site began operating around the beginning of 2019 and only let users with an invitation code to join (it maintains this exclusivity until today). To find a person who has invitation codes is…