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Cision: In the new guide from IT solutions and services provider, Softcat, in-house cyber security experts explain what it takes to enhance cyber security in collaboration with suppliers, customers and everyone in between, to ensure safety along the supply chain.
Government Technology: The pension system’s vendor, 10up Inc., said an outside party accessed a test data server with members’ information on Feb. 24. The server was closed and 10up Inc. said there was no evidence information was removed, but could not confirm whether the data was viewed or copied.
Yahoo Finance: A cyberattack on the Chartered Professional Accountants of Canada website has affected the personal information of more than 329,000 members and stakeholders, the organization said.
ZDNet: CIOs are under more pressure than ever before when it comes to cybersecurity concerns, especially now that many or even all of the staff in their organisation are working from home, perhaps using unfamiliar software and hardware as they try to do their jobs on lockdown.
Cryptopolitan: From January to March, Kaspersky said it was able to block at least 11,700 cryptojacking attacks launched on computer systems in Singapore for illegal crypto mining. The total number of blocked attacks represents a threefold increment when compared to the cryptojacking attacks it blocked last year.
CTech: Israeli cybersecurity startup foundry Team8 announced it is establishing a new venture capital arm. Veteran investor Sarit Firon will serve as co-managing partner of Team8 Capital, alongside Team8 co-founder Liran Grinberg.
Bloomberg Law: Advent International Corp. is arguing in Delaware court that it can walk away from its planned $1.9 billion take-private buyout of Forescout Technologies Inc. over the cybersecurity company’s precipitous revenue decline, whether it was caused by the Covid-19 pandemic or not.
The target: Magellan Health, a for-profit managed health care and insurance firm
The take: Names, addresses, employee ID numbers, W-2 or 1099 details, social security and Taxpayer ID numbers, and in some cases, usernames and passwords for an undisclosed number of ‘current employees’.
The attack vector: After an initial round of phishing e-mails, attackers obtained user credentials and accessed internal systems, deploying software to capture login credentials for some staff, and exfiltrating personal employee information before deploying a ransomware attack on Magellan’s system some days later.
This example illustrates the cumulative and progressive nature of a breach, once initiated – no cyber-attack exists in isolation. Once an attacker has gained access to privileged accounts and systems, they can execute multiple attack vectors – exfiltrating sensitive data, and triggering a ransomware attack on internal systems, either to distract from their earlier activities or for purely financial gain. Security controls must be many and layered to ensure that a compromise of one can still be mitigated and contained.
CTV: Canada’s top cybersecurity agency has initiated the takedown of more than 1,000 “malicious imitation” websites attempting to scam or misinform people about the government’s COVID-19 financial aid programs. It has also observed phishing attempts preying on people’s anxiety around the pandemic—some by state-sponsored actors— masquerading as messages from public health officials.
ZDNet: New research released today from Mountain View, CA-based security platform MobileIron has revealed that the C-suite is the most likely group within an organization to ask for relaxed mobile security protocols, despite this group also being highly targeted by malicious cyber attacks.
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