Ransomware declared a ‘crisis’
Delegates to the annual SIBOS conference Swift IT messaging financial network in Toronto, Canada, this week were told by industry experts that ransomware could be considered a crisis.
Reports quoted Robert Boyce, global cyber resilience lead at Accenture, saying: “There have been a lot of changes and tactics and geopolitical motivations that have shifted in the last 18 months that are causing a crisis.” The conference has been well attended by some 8,000 executives from corporate and technology institutions.
New variants of Snoop malware threaten telecommunication service providers
Telecommunication service providers in the Middle East have been targeted by threat actors whose innovative malware allows them to remotely execute commands on affected devices.
The two new malware variants they are using, named PipeSnoop and HTTPSnoop, are part of an ‘intrusion set,’ which has been named ShroudedSnooper.
As their names suggest, PipeSnoop is able to execute arbitrary shellcode from a named pipe; and HTTPSnoop executes content on the infected endpoint, using specific HTTP(S) URLs.
Pizza Hut threatened by hackers
It seems that no one and no business is immune to hacker activity. Recent reports say that Pizza Hut Australia has again been the victim of threat actors a year after its newsmaking Optus cyber attack.
Reports allege customers’ data has been compromised by the incident, which occurred in early September, with the fast food outlet having contacted clients to notify them of the data breach.
