Suspected Russian hackers targeted the cybersec firm Malwarebytes. The attacker abused “apps with privileged access to MS Office 365 and Azure environments,” said CEO M Kleczynski. He said the attack was part of the campaign that has used SolarWinds software to target other firms. Analysts, on the other hand, have said that SolarWinds’s software wasn’t the only method used to breach networks as a new form of malware used in the attack was discovered.
English football club Manchester United is working with the National Cyber Security Centre (NCSC) to assess the damage caused by a cyberattack last week. Earlier, a cyber attack on Man U’s network caused disruption on its IT infrastructure. Media channels, website and mobile app of the club were unaffected by the attack. The club’s IT team has identified source of the attack and shut down the affected systems to contain the damage and protect data.
English football club Manchester United is investigating a cyber attack on its network and trying to minimise the disruption it has caused on its IT infrastructure. Media channels, website and mobile app of the club were unaffected by the attack. ManU, however, said that it was not aware of any personal data breach associated with fans or customers. The company’s IT team has identified source of attack and shut down the affected systems to contain the damage and protect data.
Global firms are using artificial intelligence as a tool to neutralise sophisticated cyber attacks to become more resilient, said Wipro in its 4th annual state of cyber security report. During the past four years, the report said, there has been an increase of 49% on cyber security related patents focussing on AI and machine learning. The report revealed that 86% of all nation-state attacks fall under “espionage” category, of which 46% are targeted towards private firms.
Over 1,000 schools and colleges in India were targeted by hackers between June and Sep, claimed Barracuda Networks. Education institutes, mostly conducting online classes using VC, were targetted by spear phishing attacks — a personalised attack that targets a specific firm or individual. 57% of malicious emails were sent using compromised internal accounts. Further, 86% of all business email compromise attacks were carried out via Gmail accounts.
Dr Reddy’s Laboratories, following a cyberattack today, has isolated all its data centre services. They expect that all services will be resumed normally in next 24 hours. Mukesh Rathi, CIO, of the pharma major said that the cyberattack did not have any major impact on the operations. Dr. Reddy’s and Russia’s sovereign wealth fund have the approval from the Drug Control General of India to conduct human clinical trials for COVID-19 vaccine Sputnik V vaccine in India.
Twitter suffered from cybersecurity shortfalls that enabled a “simple” hack attributed to a Florida teenager to take over the accounts of many famous people in July, according to a report by New York’s Department of Financial Services. It recommended that the largest social media companies be deemed systemically important, like some banks following the 2008 financial crisis, with a dedicated regulator monitoring their ability to combat cyberattacks.
1. SaaS platforms usually work on a modular pay-as-you-go model which gives businesses an instant advantage over the huge up-front investment on developing/buying a software.2. SaaS platforms are easily configured and have lower implementation time allowing businesses to use them within a few hours. 3. Most platforms come with advanced security features that can prevent cyberattacks and data theft. 4. SaaS platforms are automatically updated with new features.
The global shipping industry sustained a second cyberattack within a week. This is raising concerns about the disruptions to supply chain, already straining to move goods as the peak season for consumer demand comes closer. The International Maritime Organisation, a UN agency that serves as the industry’s regulatory body, said “a number of IMO web-based services are currently unavailable and the breach is affecting its public website and internal systems”.