Joseph J. Lazzarotti of JacksonLewis writes: Today, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) issued much anticipated cybersecurity guidance for employee retirement plans. This comes more than four and a half years after the ERISA Advisory Council, a 15-member body appointed by the Secretary of Labor to provide guidance on employee benefit plans, shared with the…
Houston Rockets Hit by “Babuk” Ransomware
Bill Toulas reports: The ransomware group known as “Babuk” has added Houston Rockets to its victim list, warning about the imminent leak of 500GB of stolen data if their payment demands aren’t met. The threat actors present screenshots of the exfiltrated files as proof of possession, showing what appears to be contracts, non-disclosure agreements, customer…
Brokerage firm agrees to $3 mln deal for New York cybersecurity rule violations
Sara Merken reports: Brokerage firm National Securities Corp has agreed to pay $3 million in a settlement with New York’s financial services regulator over shortfalls that resulted in four cybersecurity breaches involving unauthorized access to email accounts. Read more on Reuters. NY DFS’s press release: Superintendent of Financial Services Linda A. Lacewell announced today that…
Two Somerset County school districts report cyber attacks
Mike Deak reports: Two Somerset County school districts were the targets of suspected cyber attacks in the past week. Schools in both Hillsborough and Bernards were closed for a day after cyber attacks were suspected. Hillsborough schools were closed on Monday and Bernards schools were closed April 7. Schools in both districts were open the following…
CH: Griesser AG victim of ransomware attack
A Swiss firm that manufactures sun protection window treatments such as blinds, shutters, and awnings has fallen prey to a ransomware attack. Stefan Borkert reports that Griesser AG is currently only reachable by phone and email. (translation): One or more unknown perpetrators attacked the servers of Aadorfer Griesser AG in Switzerland with ransomware, a so-called…
Software developer charged with damaging the computer system of a Cleveland company
Acting U.S. Attorney Bridget M. Brennan announced that a federal grand jury sitting in Cleveland has returned an indictment charging Davis Lu, 51, of Houston, Texas, with one count of damaging protected computers. The Defendant is accused of using his position as a software developer to execute malicious code on his employer’s computer servers. The…