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Category: Of Note

FIN11: Widespread Email Campaigns as Precursor for Ransomware and Data Theft

Posted on October 15, 2020 by Dissent

Genevieve Stark, Andrew Moore, Vincent Cannon, Jacqueline O’Leary, Nalani Fraser, and Kimberly Goody of FireEye write: Mandiant Threat Intelligence recently promoted a threat cluster to a named FIN (or financially motivated) threat group for the first time since 2017. We have detailed FIN11’s various tactics, techniques and procedures in a report that is available now by…

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Germany: No GDPR damages after data breach

Posted on October 13, 2020 by Dissent

Seen at DLA Piper: One of the many open questions of data protection law in Europe is how compensation for “non-material damage” will be calculated.  In contrast to personal injury claims where lawyers have (hundreds of) years of case law to call upon to help calculate compensation, there is comparatively little case law considering how…

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New action to combat ransomware ahead of U.S. elections

Posted on October 12, 2020 by Dissent

Tom Burt, Corporate Vice President, Customer Security & Trust for Microsoft, explains: Today we took action to disrupt a botnet called Trickbot, one of the world’s most infamous botnets and prolific distributors of ransomware. As the United States government and independent experts have warned, ransomware is one of the largest threats to the upcoming elections. Adversaries can use ransomware to infect…

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Hacker groups chain VPN and Windows bugs to attack US government networks

Posted on October 12, 2020 by Dissent

Catalin Cimpanu reports: Hackers have gained access to government networks by combining VPN and Windows bugs, the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) said in a joint security alert published on Friday. Attacks have targeted federal and state, local, tribal, and territorial (SLTT) government networks. Attacks against non-government…

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Office of the Comptroller of the Currency fines Morgan Stanley $60 million for 2016 data breach

Posted on October 8, 2020 by Dissent

Brendan Pedersen reports: Morgan Stanley was slapped with a $60 million fine by regulators Thursday for risk management problems tied to a 2016 data breach. The consent order by the Comptroller of the Currency cited failures at both Morgan Stanley Bank, N.A., and Morgan Stanley Private Bank, N.A. related to the shutdown of two wealth…

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Chinese Hackers Steal Personal Data of Half of Taiwan’s Workforce, What Next?

Posted on October 5, 2020 by Dissent

Krishnendu Banerjee reports: Amid escalating tensions between China and Taiwan, Chinese hackers have allegedly stolen data of nearly six million Taiwanese. The largest data breach in the country’s history, Chinese hackers targeted a Taiwanese job bank and sold the data on the dark web as per authorities. […] During the search, authorities found an account…

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