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Nova Scotia Power confirmed a databreach involving the theft of sensitive customer data after the April cybersecurity incident. is a vertically integrated electric utility serving the province of Nova Scotia, Canada. or Caribbean utilities. Nova Scotia Power Inc.
Federal Bureau of Investigation (FBI) to build cyber and physical threat information sharing partnerships with the private sector, this week saw its database of contact information on more than 80,000 members go up for sale on an English-language cybercrime forum. Department of Justice in April.
is a vertically integrated electric utility serving the province of Nova Scotia, Canada. Its operations encompass generation, transmission, and distribution of electricity, utilizing a diverse mix of energy sources including coal, natural gas, hydroelectric, wind, tidal, oil, and biomass. or Caribbean utilities.
I've seen studies that show that 60 percent of all cybercrimes are attributable to insiders, and it's all too common that terminated employees exfiltrate troves of sensitive data. Even though fired workers may not be have malicious intent, their vigilance fades quickly and sensitive data is often compromised, or exposed, as a result."
Securities and Exchange Commission regulations are expected to fuel heightened interest among malicious actors in orchestrating network intrusions and databreaches within these entities.
We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side. The economic downturn (caused by energy prices, inflation, sanctions, etc.) We expect cyberthreats to rise in 2023, as unrest in the world contributes to an increase in cybercrimes.
APT targeting turns toward satellite technologies, producers and operators The only known case of an attack utilizing satellite technologies that happened in recent years was the KA-SAT network hack of 2022. They may gather data on competitors, for example, M&A transactions , expansion plans, financials, and customer information.
As 2024 comes to a close, I revisit my forecasts to assess their utility in guiding meaningful decisions. Predictions that cybercrime will be painful and AI will create problems are mind-numbing to read and offer little practical guidance for professionals. Sources : Verizon DataBreach Report , ISACA Insights.
However, one recently introduced UK cybersecurity law, which was meant to boost the resilience of the UK's energy sector by obliging gas and electricity firms to report to hacks, doesn't appear to be very effectively adopted. ISPs, utilities) and energy sector firms (i.e. Cybercrime to cost over $10 Trillion by 2025.
For example, #CybersecurityAwarenessMonth, celebrating its 20th anniversary this October, aims to empower people and organizations across every sector to protect critical assets against cybercrime. Download the full Thales 2023 Data Threat Report for the Critical Infrastructure for more information.
Western Digital SanDisk SecureAccess flaws allow brute force and dictionary attacks New ‘Karakurt’ cybercrime gang focuses on data theft and extortion Cybereason released Logout4Shell, a vaccine for Log4Shell Apache Log4j RCE Volvo Cars suffers a databreach. Is it a ransomware attack?
Threat Actors Cybersecurity threats are growing more complex and persistent, driven by the heightened activities of nation-state actors and increasingly sophisticated cybercrime groups. Organised Cybercrime Groups Up Their Game Cybercriminals arent resting on old tactics with cybercrime expected to hit $12 trillion in 2025.
I’ve always believed that the best way to build a strong cybersecurity program is to utilize all the data. Ransomware-as-a-Service (RaaS) has emerged as a result of increasingly sophisticated phishing methods, coordinated sharing of leaked data, and a growing dark web community. In the U.S.,
Revelations linked Chinese intelligence to contractors, Russian GRU officers to data destruction, and Iranian APTs to cybercrime collaboration. water utility, highlights the escalating threat to critical infrastructure. Despite Russias selective crackdowns on ransomware groups, this trend poses escalating risks. If the U.S.
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