Margot Patrick reports: Equifax’s (EFX) U.K. arm was fined around $13.6 million Friday for failing to protect the data of millions of British customers in a 2017 hack of the credit-reporting company. The British arm outsourced customer-data processing to the U.S., and then failed to manage or monitor data security, the Financial Conduct Authority said. Read…
Category: Commentaries and Analyses
FBI and CISA Release Update on AvosLocker Advisory
The AvosLocker ransomware leak site has not been seen for months, but the government is providing an update on them based on its investigations as recently as May 2023. In May, DataBreaches reported on the Bluefield College breach by an affiliate of Avos. Because AvosLocker is RaaS, it’s possible that it is still active but…
88% of Hospitals And Other Health-Care Organizations Faced Cyberattacks Last Year
Fewer health-care organizations are paying ransoms, but the average payment has soared. Eric Geller reports: Hospitals, clinics and other health-care organizations are facing a barrage of cyberattacks and struggling to provide normal services amid computer outages and loss of important files, according to newly published research by Proofpoint, an email security firm. Nearly 90% of…
The largest cyberattack of its kind recently happened. Here’s how.
Tim Starks writes: A trio of internet giants revealed on Tuesday that they had fought off an “unprecedented” distributed denial-of-service (DDoS) attack — used to disrupt the availability of systems like websites and services — that registered as the biggest on record, by far. Cloudflare, Google and Amazon Web Services (AWS) said the attack relied…
Justice department wants to fight R5 million fine over ransomware attack in court
Myles Illidge reports: The Department of Justice and Constitutional Development (DoJ&CD) is taking the Information Regulator to court to appeal the R5 million fine the agency slapped it with after falling prey to a ransomware attack in 2021, TechCentral reports. Departmental spokesperson Steven Mahlangu reportedly said the court application was issued on 29 September 2023…
North Korea Suspected in Massive Hack of DeFi Project Mixin (1)
Katrina Manson reports: The massive breach of a decentralized finance project bears the hallmarks of a North Korean attack, according to a senior White House official. Mixin Network, which helps blockchains handle transactions more efficiently, said it had lost less than $150 million in a late-September attack. Originally the company estimated it lost $200 million…