Tag: Allen | SpinSafe

Deadline looms for Allen & Overy’s ransomware payment

November 24, 2023/in Internet Security

_{Ian usually just told lawyers to switch it off and switch it on again.}

Allen & Overy has until Tuesday to pay off a gang of cybercriminals or they will release a cache of files stolen from the firm, the hackers have said.

Three weeks ago the LockBit ransomware group announced that it had added the Magic Circle to its long list of victims, which includes Accenture and the Ministry of Defence, and that A&O had until 28 November to pay up.

LockBit originated in countries which belonged to the former Soviet Union and operates as a franchise, providing its software and negotiation framework to affiliates in exchange for a proportion of the ransoms they extort.

Recently the LockBit high table ordered its affiliates to hike the amounts they demand from victims after reportedly being disappointed with the size of ransom payments.

For organisations with revenues upwards of $1 billion, a ransom equating to 0.1% to 3% of the total should be sought, according to a cyberthreat analyst’s report on the gang’s new rates.

That didn’t pan out when an offshoot attempted to extort £66m from Royal Mail. Demands for a sum equivalent to 0.5% of the company’s global revenue faltered when Royal Mail’s negotiator argued that LockBit had actually hacked a loss-making subsidiary of the Plc, Royal Mail International, and that “under no circumstances” would it pay “the absurd amount of money” LockBit had demanded.

On top of which, said Royal Mail’s negotiator, what damage the hack could do had already been done, having triggered a breakdown of the company’s ability to make international deliveries.

Allen & Overy’s revenues were £2.1 billion in 2022, which means if the gang is operating in line with LockBit’s edicts, the firm could currently be attempting to argue down a number between £2.1m and £10.5m.

A&O declined to specify how much the criminals were demanding and whether it was engaging with them, referring RollOnFriday to its statement at the time of the attack when it said it had “experienced a data incident impacting a small number of storage servers”.

LockBit’s ransomware can enter a network via phishing, where an employee receives an email requesting access details which appears…

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Retired U.S. Army Cyber Command Leader Stephen Fogarty Joins Booz Allen Hamilton

December 12, 2022/in Internet Security

MCLEAN, Va.–(BUSINESS WIRE)–Booz Allen Hamilton (NYSE: BAH) announced today that Stephen Fogarty—a retired lieutenant general with extensive cyber, intelligence, and information technology (IT) experience—has joined Booz Allen as a senior executive advisor. In this role, Fogarty will help lead the development of threat-informed defensive and offensive cyber strategies and solutions to expand the firm’s National Cyber capabilities in support of U.S. government and international mission partners.

Fogarty brings 38 years of active duty leadership to this position having most recently served as commanding general of the U.S. Army Cyber Command (ARCYBER). In this role, he was responsible for conducting complex defensive and offensive cyber and information warfare operations worldwide. During his tenure, he led a skilled workforce of 16,500 soldiers, Department of the Army civilians, and contractors collaborating with other U.S. government, commercial, and international mission partners. Fogarty’s team conducted IT operations for 1.1 million soldiers and civilians at 188 bases, in addition to persistent defensive and offensive cyber and information warfare operations 24/7 worldwide.

“Stephen has proven experience in building and leading teams to solve complex problems—all with the urgency and collaboration today’s cyber threat landscape demands,” said Brad Medairy, executive vice president and leader of the firm’s National Cyber business. “To our adversaries, the cyber ecosystem is one connected battlespace, putting U.S. government and private infrastructure at risk. In this increasingly connected environment, Stephen’s expertise will be invaluable as we expand our National Cyber capabilities in support of our nation’s most critical missions.”

Fogarty spearheaded Army and Joint cyber, intelligence, and communications operations in a series of leadership positions, including commanding the U.S. Army Intelligence and Security Command, commanding the Cyber Center of Excellence, and serving as chief of staff for the U.S. Cyber Command. In these roles, he successfully trained, equipped, deployed, and supported soldiers, sailors, airmen, Marines,…

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Cyber Security In Healthcare Market is Booming with Strong Growth Prospects – Trend Micro Incorporated ,Booz Allen Hamilton ,Northrop Grumman Corporation ,WhiteHat Security ,FireEye ,Computer Sciences Corporation ,IBM

August 2, 2022/in Computer Security

Cyber Security In Healthcare Market Report research report is a wide-ranging analysis and Impact of COVID19 in the global market and the in-detail information with segmentation has been added in this intelligence report. In this report a comprehensive analysis of current global Global Cyber Security In Healthcare Market market in terms of demand and supply environment is provided, as well as price trend currently and in the next few years. Global leading players are profiled with their revenue, market share, profit margin, major product portfolio and SWOT analysis. From industry perspective this report analyses supply chain, including process chart introduction, upstream key raw material and cost analysis, distributor and downstream buyer analysis. This report also includes global and regional market size and forecast, major product development trend and typical downstream segment scenario, under the context of market drivers and inhibitors analysis.

Key players in the global Cyber Security in Healthcare market covered in Chapter 4:
Trend Micro Incorporated
Booz Allen Hamilton
Northrop Grumman Corporation
WhiteHat Security
FireEye
Computer Sciences Corporation
IBM
Biscom Incorporated
Palo Alto Networks
General Electric
Symantec Corporation
ForgeRock
Axway
Flexera
Lockheed Martin Corporation
CISCO
McAfee
CORL Technologies
SENSATO

In Chapter 11 and 13.3, on the basis of types, the Cyber Security in Healthcare market from 2015 to 2026 is primarily split into:
Application Security
Cloud Security
Content Security
Endpoint Security
Other

In Chapter 12 and 13.4, on the basis of applications, the Cyber Security in Healthcare market from 2015 to 2026 covers:
Pharmaceutical & Chemical Manufactures
Medical Device Companies
Health Insurance Companies
Hospitals & Clinics
Other

Cyber Security In Healthcare Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Cyber Security In Healthcare industry also clarifies economic risks and environmental compliance. Global Cyber Security In Healthcare market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies,…

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