Scammers dupe chemical company into wiring $60 million
Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently …
Faulty CrowdStrike update takes out Windows machines worldwide
A more recent update on the situation (July 19, 2024, 12:42 ET) Hundreds of thousands and possibly millions of Windows computers and servers worldwide have been made …
US offers $10 million for information on indicted WhisperGate malware suspect
A federal grand jury in Maryland returned an indictment charging a Russian citizen with conspiracy to hack into and destroy computer systems and data. If convicted, he faces a …
Ransomware disrupts Indonesia’s national data centre, LockBit gang claims US Federal Reserve breach
Ransomware attackers wielding a LockBit variant dubbed Brain Cipher have disrupted a temporary national data center facility which supports the operations of 200+ Indonesian …
US bans Kaspersky antivirus software due to national security risks
The US Department of Commerce has announced an upcoming US-wide ban of cybersecurity and antivirus software by Kaspersky, as its “ability to gather valuable US business …
Pressure mounts on CISOs as SEC bares teeth with legal action
A Panaseer investigation into organizations’ annual 10-K filings reported to the SEC shows that from January-May 2024, at least 1,327 filings mentioned NIST – a key indicator …
Crown Equipment cyberattack confirmed, manufacturing disrupted for weeks
Ohio-based Crown Equipment, which is among the largest industrial and forklift truck manufacturers in the world, has become a victim of a cyberattack “by an …
CDK Global cyberattack cripples 15,000 US auto dealerships
CDK Global, a software-as-a-service (SaaS) provider for car dealers and auto equipment manufacturers, has suffered a cyberattack that has temporarily disrupted its …
Major cybersecurity upgrades announced to safeguard American healthcare
Recent cyberattacks targeting the nation’s healthcare system have demonstrated the vulnerability of hospitals and payment systems. Providers across the health system had to …
Microsoft launches cybersecurity program to tackle attacks, protect rural hospitals
Microsoft has unveiled a new cybersecurity program to support hospitals serving more than 60 million people living in rural America. In 2023, the healthcare sector reported …
How fraudsters stole $37 million from Coinbase Pro users
A convincing phishing page and some over-the-phone social engineering allowed a group of crooks to steal over $37 million from unlucky Coinbase Pro users. One of them – …
SEC requires financial institutions to notify customers of breaches within 30 days
The Securities and Exchange Commission (SEC) announced the adoption of amendments to Regulation S-P to modernize and enhance the rules that govern the treatment of consumers’ …
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