Tag: cyber attacks
Exclusive: Hostile nations ramp up attacks on US infrastructure
Recent reports that ransomware attacks on industrial organizations increased by over 50 percent in 2023 represent only “the tip of the iceberg.” According to operational technology (OT) cybersecurity company IXDen, critical infrastructure across the US is being attacked at unprecedented levels. “The vast majority of cyber breaches of critical infrastructure such as water and power facilities go unreported, although a precise figure is impossible to gauge. Those that are reported in the media are only the tip of the iceberg. OT attacks on private businesses are not reported at all, and in public organizations, they are rarely reported,” says IXDen CEO and Co-Founder Zion Harel.
JP Morgan Chase Combats 45 Billion Cyber Attacks Daily – January 18th
On Wednesday, January 17th, JPMorgan Chase's asset and wealth management division head, Mary Callahan Erdoes, said during the World Economic Forum in Davos that the firm faces a staggering 45 billion breach attempts daily. Mary explained on a panel session that they have more security engineers than Google and Amazon, out of necessity, as threat actors increasingly get "smarter, savvier, quicker, more devious and mischievous."
UK and US Develop Global AI Security Guidelines – November 27th
The UK's National Cyber Security Center (NCSC), in partnership with the US's Cybersecurity and Infrastructure Security Agency (CISA) launched the 'Guidelines for Secure AI System Development'. The guidelines are set to secure AI system development, to help developers make informed cybersecurity decisions at every step of the AI development process. These AI guidelines were also co-signed in cooperation with 21 other international agencies and ministries from across the world.
167% Rise in Malicious Bot Attacks Reported – November 23rd
Arkose Labs reported a 167% rise in malicious bot attacks for the first half of 2023. The Arkose Labs report focused on bots also stated that 73% of all website and app traffic measured comprised of malicious bots in order to initiate attack types such as SMS toll fraud, web scraping, card testing, and credential stuffing.
BHI Energy comes clean about devastating data breach – October 24th
US energy firm BHI Energy has shared details about an Akira ransomware gang attack that breached its network in May this year. The gang used a third-party contractor's account to reach BHI's internal network through a VPN connection. In the weeks that followed the breach, 767K files, containing 690 GB of data were stolen. These included BHI's Windows Active Directory database.
LinkedIn accounts suffer ongoing attack – August 16th
The attack allowed bad actors to lock LinkedIn users out of their accounts and resulted in ransom demands to allow users to access their accounts again. The ongoing attacks caused LinkedIn account inquiries to spike by 5000%. The full report is available on Cyberint’s website.