Patelco makes minor restorations but no end near for crippling credit union cyber attack – The Mercury News
Patelco Credit Union has restored some online functionality after its customers were locked down for a week due to an ongoing cyber attack targeting its systems and databases. By Friday, Erin Mendes, CEO of Dublin-based Patelco, had tried to assure customers that “your money is safe and secure,” but customers were locked out of their […]
CDK Global begins to restore systems after cyber hack
Retail technology and software provider CDK Global has begun work to restore systems used by more than 15,000 retail stores across North America, the company said in a statement on Sunday, adding that it expects the work to take “several days.” “We continue to actively engage with our customers and offer alternative ways to do […]
Cyberattacks are costly, and can be deadly: Cyber expert
(News Nation) — Cyberattacks are wreaking havoc on the revenues of businesses around the world. And they’re starting to take lives. Hackers “want to attack people who are going to pay,” says cybersecurity expert David Malicoat. “They want the money as quickly as possible.” Earlier this year, a Michigan woman with hypoglycemia went into cardiac […]
Auto dealers face software outage after provider hit by cyber incidents
See what’s clicking on FoxBusiness.com CDK Global, a company that provides software to car dealerships, has been hit by a second cyber incident within days, causing a nationwide outage. The company notified dealers that it was “again proactively shutting down the majority of our systems” in response to an “additional cyber incident” that occurred Wednesday […]
Cyber experts warn of new Chrome, Microsoft money stealing malware
Cyber experts have warned that new advanced malware disguised as Google Chrome and Microsoft could steal money from Microsoft device owners. Since March, online protection company Proofpoint has been warning of ongoing malicious campaigns in which “cybercriminal threat actors are employing new, diverse and increasingly creative attack chains.” This month, Proofpoint Large-scale malware presence confirmedThe […]
Cleveland City Hall closing Monday over ‘cyber incident’: Officials
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China’s vast cyber trafficking network dupes millions
According to the Guardian, a Chinese network running countless fake online shops has defrauded more than 800,000 people in the US and Europe. These stores try to trick people into providing their card details and other sensitive personal data by advertising discounts on products from luxury brands such as Dior, Nike, Lacoste, Hugo Boss, Versace, […]
China’s Aggression Is 2nd Weakest Cyber Link
In an interview with Bloomberg on Thursday, Gen. Timothy Howe, director of the National Security Agency and commander of U.S. Cyber Command, said the second biggest weakness in cyber attacks is that “China has been very aggressive in using their own industries to find vulnerabilities, keep them secret and target them.” “You say the U.S. […]
How much do US businesses lose due to malicious cyber activity?
Hardly a day goes by when a cyber incident doesn’t make national news. Recent examples are troubling Attack on Indiana water treatment facility By Russian hackers. Fortunately, this intrusion did not cause any major disruption to factory operations; concerns about what will happen next. Although disturbing, such attacks are not surprising, considering: Nation-state-linked hackers often […]
US Charges Iranian Nationals For Launching Giant Cyber Warfare Campaign Against American Targets
The Department of Justice (DOJ) unsealed an indictment on Tuesday charging several Iranians for conducting a massive cyber campaign to compromise the U.S. government. Four Iranian nationals, including one who worked for an Islamic Revolutionary Guard Corps (IRGC) unit, face up to 25 years in prison for their role in waging a multi-year cyber attack […]