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Cyberattack is an intentional attempt to compromise computer systems, networks, or digital devices by exploiting vulnerabilities or using malicious software. Common techniques include malware deployment, phishing to steal credentials, ransomware to encrypt data for extortion, and denial-of-service attacks that disrupt availability. These actions aim to gain unauthorized access, manipulate data, or cause operational disruption.

For security professionals, cyberattacks represent critical risks requiring proactive defense measures such as patching known vulnerabilities, monitoring network traffic for anomalies, and enforcing strong authentication. Understanding attacker methods helps prioritize defenses on exposed systems and sensitive data. Effective detection and containment depend on timely threat intelligence and coordinated response to limit damage and restore normal operations.

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Breach filings show Reddit post led to the discovery rather than any sophisticated cyber defenses Biotech and DNA-collection biz 23andMe, the one that blamed its own customers for the October mega-breach, just admitted it failed to detect any malicious activity for the entire five months attackers were breaking into user accounts.…

Bank Info Security 2 years, 5 months ago

Breach Roundup: EquiLend Faces Cyberattack, Systems Offline

Also: Ivanti Exploitation Continues; Apple Fixes First Zero-Day of 2024This week, U.S. short seller lender EquiLend Holdings was hacked, the Ivanti exploitation continued, Apple addressed the first zero-day of 2024, Ukraine said hackers had hit a Russian research center, Kasseika ransomware evolved, North Korean hackers were active, and Trello experienced a data leak.

Bank Info Security 2 years, 5 months ago

North Korean Hackers Using AI in Advanced Cyberattacks

U.S.-Led Sanctions Do Little to Curtail North Korea's Development of AISouth Korea's intelligence agency has reported that North Korean hackers are using generative AI to conduct cyberattacks and search for hacking targets. Experts believe North Korea's AI capabilities are robust enough for more precise attacks on South Korea.

Bank Info Security 2 years, 5 months ago

Watching the Watchdog: Learning from HHS' Grant Payment Mess

Tight-Lipped Agency's Next Move in Wake of $7.5M Scam Could Be TellingRumors are swirling about how the Department of Health and Human Services lost about $7.5 million in grant payments through a series of cyberattacks last year, including speculation over whether the incidents involved sophisticated AI-augmented spear-phishing or more commonplace fraud schemes.

Bank Info Security 2 years, 5 months ago

Microsoft's Latest Hack Sparks Major Security Concerns

Experts Warn Tech Giant Faces Potential for Future Cyberattacks After Email HackingSecurity experts told ISMG they were concerned Microsoft could suffer future cyberattacks and threats to its customers after a Russian state hacking group managed to evade detection for several weeks while targeting accounts associated with the company’s top executives.

Bank Info Security 2 years, 5 months ago

Report: Hackers Scammed $7.5M From HHS Grant Payment System

Money Meant for Poor Communities Stolen as Authorities Issued Phishing Scam AlertsHackers have reportedly stolen about $7.5 million from a Department of Health and Human Services grant payment system in a series of cyberattacks last year. The news comes in the midst of HHS and other authorities warnings about rising threats involving social engineering and payment scams.

Bank Info Security 2 years, 5 months ago

France's OFAC to Tackle Cyberthreats Ahead of Olympics

French Police Office for Cybercrime Has a Staff of 180A dedicated cybercrime unit under the French National Police is set to scale up operations ahead of the upcoming Olympics as authorities warn that cyberattacks are among the greatest threats to the event. Authorities on Friday unveiled the unit's new headquarters in Parisian suburb Nanterre.