Global Cyber News Digest

Daily News Digest

Stay current on the global cyber threat landscape and industry developments with CCOE’s daily digest and library of cybersecurity news and articles.

  • Beazley: Ransomware Attacks Increasingly Paired With Data Breach
    • Ransomware attacks became both more frequent and more brutal in 2019, according to a new report by speciality insurer Beazley.
    • Beazley said the two most common forms of attack to deploy ransomware are phishing emails and breaching poorly secured remote desktop protocol.

      Claims Journal | March 24, 2020
    claimsjournal.comMarch 24, 2020
  • 96% of IT leaders in the legal sector say insider data breaches are a major concern...
    • IT leaders from the legal sector are more pessimistic than average about the risk of future breaches. 44% say it is likely employees will put data at risk in the coming year – eight percentage points above average.
    • Given recent events, there will be an unprecedented number of legal employees working from home who might be looking for ways to send large multimedia files or are suddenly having to share more data via email.

      realwire | March 24, 2020
    realwire.comMarch 24, 2020
  • Coronavirus: WHO sees rise in cyberattack attempts by hackers, official says
    • Elite hackers tried to break into the World Health Organization earlier this month, sources told Reuters, part of what a senior agency official said was a more than two-fold increase in cyberattacks amid the spread of a new coronavirus.
    • Officials and cybersecurity experts have warned that hackers of all stripes are seeking to capitalize on international concern over the spread of the coronavirus.

      Global News - RAPHAEL SATTER, JACK STUBBS AND CHRISTOPHER BING | March 23, 2020
    globalnews.caMarch 23, 2020
  • Jeff Bezos Just Posted a 4-Page Letter to Amazon Employees on Instagram. It Announces a Drastic Change for the Company
    • On Saturday, Amazon CEO Jeff Bezos posted a letter to Amazon employees on Instagram, detailing part of his company's strategy for the coming months in response to the novel coronavirus.
    • "My own time and thinking is now wholly focused on COVID-19 and on how Amazon can best play its role." - Bezos
    • Every business can benefit from a redirection of focus, whether you're a local restaurant or a solopreneur.

      Inc. - Justin Bariso | March 23, 2020
    inc.comMarch 23, 2020
  • COVID-19 Vaccine Test Center Hit By Cyber Attack, Stolen Data Posted Online
    • A medical facility on standby to help test any coronavirus vaccine has been hit by a ransomware group that promised not to target medical organizations.
    • The criminals behind the Maze ransomware attacks have struck again...

      Forbes - Davey Winder | March 23, 2020
    forbes.comMarch 23, 2020
  • Interview: Jamil Farshchi, CISO, Equifax
    • When a business that holds sensitive customer data, such as their financial details, is hacked, it takes a lot to regain trust.
    • Equifax's current chief information security officer (CISO) is on that journey.
    • Jamil Farshchi was brought into the CISO role at Equifax in the aftermath of a major security breach in 2017.
    • He is now supporting the company's move to the public cloud.

      ComputerWeekly.com - Karl Flinders | March 23, 2020
    computerweekly.comMarch 23, 2020
  • GO AHEAD, BLAME YOUR PRINCIPAL FOR THE DATA BREACH
    • Last year a principal in the Chicago Public Schools made a mistake that would alter his career trajectory.
    • He revealed confidential student information and personnel data to comply with a Freedom of Information Act request.
    • The Google Drive folder he shared contained student names, races, grades, special education eligibility, and email addresses. It also included teacher evaluations and ratings.
    • Upon discovery of what had happened, the district recommended this principal's termination.

      The Tech Edvocate - Matthew Lynch | March 23, 2020
    thetechedvocate.orgMarch 23, 2020
  • Study: Fear of data breaches stifling bank innovation
    • One in three banks or insurers don't have privacy plans in place to safeguard their customers' data, despite findings suggesting 70 percent of consumers won't do business with a company they can't trust to keep their data safe.
    • Part of the problem is firms are more concerned with guarding themselves against the impact of a data breach than realizing any financial benefits of using the data and are more likely to put resources into protecting the customer data they have than use it to tailor specific products and services that might benefit clients.

      Compliance Week - Neil Hodge | March 19, 2020
    complianceweek.comMarch 19, 2020
  • 15 Coronavirus Online Scams to Watch Out For
    • As cities and states work on slowing the spread of the coronavirus by limiting where people can go, hackers are already prepped and eager to target unsuspecting and stressed-out victims.
    • Cyber criminals prey on vulnerable people as they seek out information and data to maximize revenue.

      The Street - Ellen Chang | March 19, 2020
    thestreet.comMarch 19, 2020
  • Prepare now for the second wave of coronavirus hacking
    • Hackers rarely let a good crisis go unexploited, and the coronavirus has proven to be no exception.
    • Multiple law enforcement alerts have detailed the dramatic spike in the use of COVID-19 themes by cyber criminals as a way to lure unsuspecting users into downloading malware.
    • Propelled by the need to “socially distance” as way to minimize the spread of the COVID-19 virus, the American economy is in the midst of a hurried shift to telecommuting.
    • That unplanned surge is straining corporate network systems, offering nation-state hackers an undreamed-of opportunity to unleash a second wave of more comprehensive attacks on American businesses.

      The Hill - Brian Finch | March 19, 2020
    thehill.comMarch 19, 2020