One of the major suppliers to the Australian insurance industry, Medibank, was the target of a cyberattack on November 11, 2022. Extremely private information about patients was made public during the disastrous occurrence. On October 20, 2022, hackers launched their first attack against Medibank, successfully gaining access to the personal data of 9.7 million customers.... Continue Reading →
RANSOMWARE IN 2022
Ransomware is a type of malware that locks down files, data or systems, and threatens to erase or destroy the data - or make private or sensitive data to the public - unless a ransom is paid to the cybercriminals who launched the attack. Recent ransomware attacks have targeted state and local governments, which are easier... Continue Reading →
The psychological consequences of cyberattacks: an IBM study
IBM says that ransomware attacks harm incident responders psychologically. According to a survey conducted by IBM and Morning Consult, hundreds of cybersecurity incident responders indicated ransomware attacks have a significant impact on their mental health. Incident response indicates the activity of immediately identifying an attack lessens its effects, confines the damage, and addresses the root... Continue Reading →
An overview of Conti and the Ransomware-as-a-Service (RaaS) industry
During the past two years, it seems that Conti, a Russian-based cybercriminal organization, has been imposed as one of the most profitable in the entire Ransomware-as-a-Service (RaaS) ecosystem. Chainalysis estimates that the cyber gang grossed the largest profits in 2021 in the RaaS industry: $180 million extorted. In Europe alone, according to cyber criminals' online... Continue Reading →
TRENITALIA CYBER-ATTACK, MARCH 2022
On the morning of March 23rd, all the Trenitalia and RFI ticket offices and self-service machines were found to be unusable, causing inconvenience to thousands of people who rely on them every day to buy their train tickets. The cause of these inefficiencies is the same that interrupted the information services of the Lazio Region... Continue Reading →
NVIDIA UNDER ATTACK – DATA BREACH AND MAJOR CONSEQUENCES
Nvidia, one of the largest microchip companies, has been hacked by a group of hackers called Lapsus$. The company became aware of the data breach on February 23rd, the hackers stole employees’ credentials, schemes of GPUs, source code of various firmware, drivers, and proprietary Nvidia software, the total amount of data stolen is about 1... Continue Reading →