FINANCIAL INFOSECURITY NEWSLETTER

April 2019

[Blog] The Skills and Qualifications Incident Response Professionals Need to be Successful

Macie Thompson, deltarisk.com, April 2, 2019

Are you planning to apply for a job in cyber security as an incident response professional? In this blog, we outline the skills and qualifications you will need to get there!

Read More

[Blog] G Suite Security: Five Mistakes Every Admin Should Avoid

Tempy Wright, deltarisk.com, March 28, 2019

Is your business migrating to or using G Suite? Check out our blog post on the top five mistakes that admins often make when dealing with G Suite security and tips for avoiding them.

Read More

Norsk Hydro Calls Ransomware Attack ‘Severe,’ Taking ‘Entire Worldwide Network Down’

threatpost.com, March 19, 2019

Aluminum giant Norsk Hydro has fallen victim to a serious ransomware attack that has forced it to shut down or isolate several plants and send several more into manual mode. The company’s CFO called the situation “quite severe” and said Norsk Hydro’s “entire worldwide network is down, affecting all production” and office operations. Norsk Hydro is based in Oslo, Norway, and is one of the world’s largest makers of aluminum, employing 35,000 people in up to 40 countries.

Read More

Cyber Crime Costs Firms $13M Each as Malicious Insider Threat Grows

infosecurity-magazine.com, March 6, 2019

The average cost of cybercrime rose by over $1 million last year to reach $13 million per firm, with the impact of malicious insiders particularly noticeable, according to a new report. The biggest jump in costs came from insider attacks carried out by employees, temporary staff, contractors and business partners. The cost of these attacks jumped 15 percent to $1.6 million per organization, on average.

Read More

Hackers Sell Access to Bait-and-Switch Empire

krebsonsecurity.com, March 4, 2019

Cyber criminals are auctioning off access to customer information stolen from an online data broker behind a dizzying array of bait-and-switch websites that sell access to a vast range of data on U.S. consumers, including DMV and arrest records, genealogy reports, phone number lookups and people searches. In an ironic twist, the marketing empire that owns the hacked online properties appears to be run by a Canadian man who’s been sued for fraud by the U.S. Federal Trade Commission, Microsoft and Oprah Winfrey.

Read More

A Serious Shortage of Cyber Security Experts Could Cost Companies Hundreds of Millions of Dollars

cnbc.com, March 5, 2019

The demand for skilled security professionals is one of the biggest challenges facing the cyber security industry today, with 2.93 million positions open and unfilled around the world, according to non-profit IT security organization (ISC)². Without trained security staff, organizations don’t have the capability to deploy the right controls or develop security processes to detect and prevent cyber-attacks.

Read More

Android Banking Trojan Targets Over 100 Banking, IM, and Cryptocurrency Apps

zdnet.com, March 28, 2019

Malware Gustuff can phish credentials and automate bank transactions for over 100 banking apps and 32 cryptocurrency apps, according to a recent analysis. Targets include known banks such as Bank of America, Bank of Scotland, J.P.Morgan, Wells Fargo, Capital One, TD Bank, and PNC Bank. Other targets include cryptocurrency apps such as BitPay, Cryptopay, Coinbase, and Bitcoin Wallet.

Read More

Sonic Hit by $5 Million Lawsuit Over 2017 Data Breach

scmagazine.com, March 7, 2019

The drive-in fast food chain Sonic is being sued by the American Airlines Federal Credit Union for $5 million in an attempt to recoup money the credit union lost due to Sonic’s data breach in 2017. American Airlines Federal Credit Union said it incurred losses because of the attack by having to cancel or reissue cards, close accounts, block transactions, refund affected customers, and increase fraud monitoring efforts.

Read More