News

Last Friday, the US Department of Justice (DOJ) announced that a Florida resident named Ron Aksoy has been arrested and charged for allegedly selling thousands of fraudulent and counterfeir Cisco products over a span of 12 years. Aksoy, 38, also known as Dave Durden, is reported to have run at least 19 companies founded in New Jersey and Florida, approximately 10 eBay storefronts, at least 15 Amazon storefronts, and multiple other entities with an estimated...

KnowBe4, the provider of security awareness training and simulated phishing platform, has conducted a survey during Infosecurity Europe, which evaluated the opinions of nearly 200 security professionals towards security culture, or more specifically: the ideas, customs and social behaviours of an organisation that influence their security practices. The research found the threat of cyber warfare (30%) or experiencing a data breach or cyberattack (30%) were the two biggest reasons why security professionals wanted to improve...

Solicitors have been urged to stop advising clients to pay ransomware demands in a joint letter issued last week by the UK's National Cyber Security Centre (NCSC) and Information Commissioner's Office (ICO). The open letter urged the Law Society to remind all its members that they should not advise clients to pay ransomware demands when they fall victim to a cyber attack. The letter emphasised that paying ransom does not reduce the risk of further...

It has emerged that the $540 million hack of Axie Infinity's Ronin Bridge in March 2022 was the consequence of one of its former employees getting tricked by a fraudulent job offer on LinkedIn. According to a report written by The Block, which was published last week, two people familiar with the matter were cited. Allegedly, a senior engineer at the company was tricked into applying for a job at a non-existent company, causing the...

Last Thursday, Disneyland had their Facebook and Instagram accounts taken over by a self-proclaimed "super hacker" who posted racist and homophobic posts. The threat actor, operating under the name "David Do", claimed that he was seeking "revenge" on Disneyland employees after some of them had allegedly insulted him. One of the posts read: “I am a super hacker that is here to bring revenge upon Disneyland Who’s the tough guy now Jerome?” The hacker also...

The UK Cyber Security Council, International Cyber Expo and ITN Business will be co-creators of a unique news-style programme produced to raise awareness and understanding of cyber security. The Information Age has brought enormous economic and social progress to many parts of the world and has proved to be a powerful tool for connectivity, freedom and innovation. The rise in ever more sophisticated internet-based technologies will further accelerate the way organisations and communities communicate and...

Cybercrime costs organisations $1.79m every minute, according to RiskIQ's 2021 Evil Internet Minute Report. The study analysed the volume of malicious activity on the internet and showed the scale and damage of cyber-attacks in the past year. It found that 648 cyber-threats occurred every minute. The researchers calculated that the average cost of a breach is $7.20 per minute, while the overall predicted cybersecurity spend is $280,060 every minute. E-commerce has been hit heavily by...

Apple has announced a new set of features for iPhone called "Lockdown Mode." On Wednesday, the tech giant wrote in a blog post that Lockdown Mode will arrive on iOS 16, iPadOS 16 , and macOS Ventura devices in Autumn this year. It will offer a number of security features. Apple called the mode “extreme, optional level of security for the very few users who, because of who they are or what they do, may be...

Marriott International Inc. confirmed on Wednesday July 6th that they had suffered a second data breach this year. Initial reports say that attackers stole a total of 20GB worth of data including some sensitive information such as credit card information, confidential business documents, and customer payment information Marriott is preparing to notify between 300 and 400 individuals about the data breach. Marriott hotels is not new to this situation. Earlier in 2020, Marriott hotels suffered...

The Cybersecurity and Infrastructure Security Agency (CISA) has released a new advisory suggesting North Korean state-sponsored cyber actors are using the Maui ransomware to target Healthcare and Public Health (HPH) Sector organisations in the US. The document, written by the CISA, the Federal Bureau of Investigation (FBI) and the Department of the Treasury, suggests that actors have been engaging in these campaigns since May 2021. The advisory reads, “North Korean state-sponsored cyber actors used Maui ransomware...