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Gallery: The 10 biggest business hacks of 2016

Tech Republic Security

This year thousands of cyber-attacks cost companies millions in damages and exposed billions of sensitive consumer and corporate records. These are the 10 biggest business hacks of 2016.

Hacking 167
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A cyber attack hit Thyssenkrupp Automotive Body Solutions business unit

Security Affairs

The company did not disclose details of the attack, however the decision to shut down the IT systems suggests it was the victim of a ransomware attack. This isn’t the first time that the company was the victim of a cyber attack. In 2016, alleged Asian threat actors targeted ThyssenKrupp to steal company secrets.

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What is Telecom LightBasin Cyber Attack

CyberSecurity Insiders

CrowdStrike security researchers have discovered that a hacking group dubbed LightBasin aka UNC1945 has been hiding in the networks of renowned telecom networks from the past 5 years, monitoring all their business operations and sending censorious data to remote servers.

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Tokyo Olympics 2021 on Russian Cyber Attack Radar

CyberSecurity Insiders

Security analysts from West estimate that the much renowned games event might be on the Russian Cyber Attack Radar, as disrupting such events has been a regular practice for the said nation, if history is considered. Hacking group named Fancy Bear was assumed to be a prime suspect in the attack.

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FCA fines Tesco Bank £16.4m over 2016 cyber attack

Security Affairs

as part of a settlement with the Financial Conduct Authority following the 2016 security breach. fine to Tesco Bank for the vulnerabilities in its systems that were exploited by hackers to steal millions of pounds from customers’ online accounts in 2016. Security Affairs – Tesco cyber heist, cybercrime). Pierluigi Paganini.

Banking 76
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DHS report – Voting systems in North Carolina county in 2016 were not hacked

Security Affairs

Computer faults that disrupted voting in a North Carolina county in 2016 were not caused by cyber attacks, a federal investigation states. The analysis of laptops used in some Durham County precincts on Election Day in November 2016 showed inaccurate data to poll workers. The systems in a few states were hacked.

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Chinese Military launches Cyber Attacks on Japanese Research firms

CyberSecurity Insiders

NHK, a Japan-based news resource, has published that a cyber attack launched by a hacking group linked to Chinese military targeted nearly 200 research firms and institutions from Japan. TICK, a hacking group funded by People’s Liberation Army is said to be involved in the attack and is reported to be active since 2009.