Monetising hacking by shorting commodity shipments

I’m continually asked by the maritime industry about the motivations of hackers. “Why would anyone hack us, we operate ships?” It strikes me that many of the public and a lot of maritime businesses still think of the ‘hacker’ as a solo operator in a dark hoodie in a basement of their parents’...

Microsoft, Google to Invest $30 Billion in Cybersecurity Over Next 5 Years

Google and Microsoft said they are pledging to invest a total of $30 billion in cybersecurity advancements over the next five years, as the U.S. government partners with private sector companies to address threats facing the country in the wake of a string of sophisticated malicious cyber activit...

Ransomware Impacting Pipeline Operations

Summary Note: This Activity Alert uses the MITRE Adversarial Tactics, Techniques, and Common Knowledge ATT&CK™ framework. See the MITRE ATT&CK for Enterprise and ATT&CK for Industrial Control Systems ICS frameworks for all referenced threat actor techniques and mitigations. The Cybersecurity and...

A Tiny Piece of Tape Tricked Teslas Into Speeding Up 50 MPH

An MGM Resorts breach, natural gas ransomware, and more of the week's top security news...

ISS World Hit with Malware Attack that Shuts Down Global Computer Network

A Denmark-based global facility-management company was hit with a major cyber attack this week that shut down its worldwide computer systems for a few days and disrupted operations across its global network of employees. ISS World cut off access to shared IT services across its customer sites and...

US Natural Gas-Compression facility cripples after ransomware attack

By Deeba Ahmed Another day, another ransomware attack - This time, hackers have hit critical infrastructure of the government of the United States. This is a post from HackRead.com Read the original post: US Natural Gas-Compression facility cripples after ransomware attack...

New Oil and Natural Gas ONG-ISAC Launches

Energy utilities certainly have not been spared by hackers who for years have targeted vulnerabilities in process control systems and networks with alarming success. In a move to close the gap and keep that corner of the U.S.’ critical infrastructure secure, a new information sharing group popped...

Report Details Coca-Cola Cyber Attack That Never was Disclosed

In an exclusive report, Bloomberg News outlines a month-long, systematic attack on Cola-Cola’s computer systems that may have influenced the failed $2.4 billion acquisition of a Chinese juice company. The FBI knew about it. Coca-Cola knew about it. But shareholders were kept in the dark. The Coke...

Cyber Attacks on gas pipeline linked to China

Cyber Attacks on gas pipeline linked to China The spear-phishing attacks laying siege to networks in the natural gas pipeline industry apparently are being carried out by the same group that hacked RSA security last year. The attacks, which have been occurring since late this past March, have...