Cyber attacks against M&S and Co-op earlier this year cost anywhere between £270 million to £440m, according to analysis by the Cyber Monitoring Centre. In April, British retailers were targeted with a series of ransomware attacks, with M&S taking down online sales and later admitting customer data was stolen. Co-op shut down aspects of its own IT system to limit disruption […]
The Canadian Centre for Cyber Security and the FBI have issued a warning over hacker attacks conducted by Chinese state-sponsored threat actors against telecommunication companies in Canada. The warning focuses on attacks conducted by Salt Typhoon, the threat group known for targeting several major telecom firms in the United States and elsewhere as part of espionage operations. In […]
Hackers linked to a recent string of attacks on U.K. and U.S. retailers are now targeting the insurance industry, according to Google researchers. The attackers, suspected to be part of the collective known as Scattered Spider, have been targeting the retail industry since April and pivoted toward the insurance industry earlier this month, according to Google. […]
Cybersecurity practitioners are voicing concerns over a recent executive order issued by the White House that guts requirements for: securing software the government uses, punishing people who compromise sensitive networks, preparing new encryption schemes that will withstand attacks from quantum computers, and other existing controls. The executive order (EO), issued on June 6, reverses several key cybersecurity […]
Security researchers are warning that the outbreak of direct hostilities between Israel and Iran may soon lead to malicious cyberattacks against critical infrastructure sites in the U.S. from state-linked actors, hacktivist groups and cyber criminals. State-backed and hacktivist cyber threats against Israel and the U.S.’s Middle Eastern allies are escalating, according to researchers at Radware. Experts […]
STOCKHOLM, June 4 (Reuters) – Microsoft (MSFT.O), opens new tab is offering free of charge to European governments a cybersecurity programme, launched on Wednesday, to bolster their defences against cyber threats, including those enhanced by artificial intelligence, it said. After a surge in cyberattacks in Europe, many linked to state-sponsored actors from China, Iran, North Korea and Russia, the […]
The threat actor known as Rare Werewolf (formerly Rare Wolf) has been linked to a series of cyber attacks targeting Russia and the Commonwealth of Independent States (CIS) countries. “A distinctive feature of this threat is that the attackers favor using legitimate third-party software over developing their own malicious binaries,” Kaspersky said. “The malicious functionality of the campaign […]
US President Donald Trump has issued a new cybersecurity-related Executive Order that supersedes or revises previous orders issued by Barack Obama in April 2015 (EO 13694) and Joe Biden in January 2021 (EO 14144). Notably, the new order limits the application of cyber sanctions only to foreign malicious actors, reversing broader authorities under the previous […]
Fashion brand The North Face and luxury jeweller Cartier have become the latest retailers to report having customer data stolen in cyber attacks. North Face has emailed some customers saying it discovered a “small-scale” attack in April this year. Cartier said “an unauthorized party gained temporary access to our system”. Both brands say data such […]
Ohio-based Victoria’s Secret on May 29 said it was hit by a cyberattack and took down its website as well as some in-store services as a precaution. In a note sent to the retailer’s employees and reported in Bloomberg News, Victoria’s Secret Chief Executive Officer Hillary Super said that “recovery is going to take a […]