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Ransomware attack disrupted store operations in the Netherlands and Germany

Security Affairs

Electronics retail giant MediaMarkt was hit by a ransomware attack that disrupted store operations in the Netherlands and Germany. Media Markt is a German multinational chain of stores selling consumer electronics with over 1000 stores in Europe. It is not possible to collect or return the products due to the cyber attack.

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Social engineering, deception becomes increasingly sophisticated

Security Affairs

This is done through deep learning methodologies such as the Generative Adversarial Network (GAN) i.e., a group of neural network models for machine learning, deputed to teach computers how to process information by emulating the human brain.

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Wannacry, the hybrid malware that brought the world to its knees

Security Affairs

In the early afternoon of Friday 12 May 2017, the media broke the news of a global computer security attack carried out through a malicious code capable of encrypting data residing in information systems and demanding a ransom in cryptocurrency to restore them, the Wannacry ransomware. What should we learn from this?

Malware 102
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Two hacker groups attacked Russian banks posing as the Central Bank of Russia

Security Affairs

The emails were disguised to look as if they come from the Central Bank of Russia and FinCERT, the Financial Sector Computer Emergency Response Team. Group-IB experts have discovered that the attack on 15 November could have been carried out by the hacker group Silence , and the one on 23 October by MoneyTaker. About Silence.

Banking 105
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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Organizations in the finance sector manage trillions of dollars and maintain very valuable and vital electronic data, including bank account, credit card, and transaction information as well as sensitive data related to estates, wills, titles, and other matters. Malware and ransomware attacks increase. Data security challenges.

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Security Affairs newsletter Round 210 – News of the week

Security Affairs

Attackers hacked support agent to access Microsoft Outlook email accounts. Romanian duo convicted of fraud Scheme infecting 400,000 computers. A new DDoS technique abuses HTML5 Hyperlink Audit Ping in massive attacks. Ecuador suffered 40 Million Cyber attacks after the Julian Assange arrest.

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MY TAKE: COVID-19’s silver lining could turn out to be more rapid, wide adoption of cyber hygiene

The Last Watchdog

These developments would have, over the next decade or so, steadily and materially reduced society’s general exposure to cybercrime and online privacy abuses. Shamoon motivated the Saudis to seriously ramp up the work of its National Cyber Security Center.