Tag Archive for: Waste

Just Waste Ransomware Gangs’ Time


Critical Infrastructure Security
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Cybercrime
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Cybercrime as-a-service

Time Is Money for Criminals; Some Profits Susceptible to DDoS and Other Disruptions


October 26, 2021    

Forget Hacking Back: Just Waste Ransomware Gangs' Time
Members of a top Russian cybercrime forum discuss the recent LockBit 2.0 disruption (Source: IntSights; partially redacted)

You know the people who will chat away endlessly to an obvious telephone scammer, trying to spin things out to the point where they’ve demonstrably wasted the fraudster’s time, thus denting their illicit earnings?

See Also: Live Webinar Tomorrow | A Buyers’ Guide: What to Consider When Assessing a CASB


Imagine taking that disruption model and tasking military hacking teams to do the same – only to ransomware gangs, cybercrime markets and other criminals operating online.


“Is there a law, even an American one, even a local one in any county of any of the 50 states, that legitimize such indiscriminate offensive action?” 

After months of discussion over how governments should respond, might this be a…

Source…

Japan has no time to waste in boosting its cyberdefenses


In May, a ransomware attack on Colonial Pipeline Co., the operator of the largest petroleum pipeline in the United States, forced the company to shut down its entire fuel supply network for five days, creating a serious impact on social and economic activities in the U.S. East Coast.

According to an annual report on 10 major information-related security threats issued by the Information-technology Promotion Agency, Japan in February, ransomware has now become the greatest threat to the information security of both the government and the private sector.

What makes this threat even more serious is the fact that it is targeted at key infrastructure that supports people’s lives and economic activities.

There have been countless cyberattacks on critical infrastructure in the past, both successful and attempted. One serious case was an attack on SolarWinds Inc., a U.S. information security firm, that spread to its clients that had software contracts with the company.

SolarWinds’ software is used by major U.S. government institutions, the military and key infrastructure providers. The firm’s overseas clients include NATO and the European Parliament, as well as the U.K.’s Ministry of Defence and National Health Service.

A group of hackers secretly broke into SolarWinds’ systems and added malicious code into the software. The hack was done so stealthily that it went undetected for about 10 months until last December.

It is believed that confidential information was stolen from many users, but the extent of the breach is still under investigation.

Another concern regarding protection of critical infrastructure is the increase in the number of attacks targeting industrial control systems’ vulnerabilities.

A major blackout that hit parts of Ukraine in 2015 was caused by the malicious remote operation of power substations conducted by hackers who intruded into a power grid’s control system via virtual private network (VPN) connections.

In 2019, Norsk Hydro ASA, a Norwegian aluminum products company, was hit by a devastating ransomware attack, affecting its network across the world.

Earlier this year, hackers fraudulently accessed the control system of a water-treatment facility in…

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Tonight a Virgin Atlantic 747 will fly on fuel made from industrial waste gas

PNNL

A little after 7pm ET tonight, a Virgin Atlantic 747 will take off from Orlando, Florida, bound for London’s Gatwick airport. This flight will be the first to use a blend of jet fuel and fuel made from industrial waste gas from a steel mill in China. This waste-gas fuel will displace some of the petroleum-based jet fuel that usually fills up a commercial jet’s tanks.

The company that makes the alternative fuel blend, LanzaTech, says third-party estimates show its fuels reduce greenhouse-gas emissions by more than 70 percent compared to burning the same amount of jet fuel.

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Biz & IT – Ars Technica

Don’t waste your breath complaining to Equifax about data breach – CNN


CNN

Don't waste your breath complaining to Equifax about data breach
CNN
(CNN) Last Thursday, Equifax reported a data breach that affects 143 million US customers, about 44% of the population. It's an extremely serious breach; hackers got access to full names, Social Security numbers, birth dates, addresses, driver's

and more »

data breach – Google News