Page 8 - Binary Defense News Today

The Colonial Pipeline attackers wanted money. Should companies pay? CNN 2 hrs ago © Shutterstock A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the worlds largest corporations and strategic infrastructure. It also raises a thorny question: should companies held to ransom yield to extortionists or resist making payments? Often its a choice between regaining access to IT systems for a fee so tha...

Updated: 10:58 PM CDT May 10, 2021 By Zachary Cohen, Geneva Sands and Matt Egan, CNN One of the largest U.S. fuel pipelines remained largely paralyzed Monday after a ransomware cyberattack forced the temporary shutdown of all operations late last week — an incident that laid bare vulnerabilities in the countrys aging energy infrastructure.The victim of the attack, Colonial Pipeline, is a company that transports more than 100 million gallons of gasoline and other fuel daily fro...

No issues with fuel supply yet after cyberattack on Colonial Pipeline, White House says The White House said Monday there are no issues with fuel supply as officials worked urgently to ascertain the scope and fallout of a ransomware attack on the Colonial Pipeline, which supplies much of the eastern United States its gasoline — an incident that laid bare vulnerabilities in the country’s aging energy infrastructure. President Joe Biden and senior White House officials said the administration...

Biden administration scrambles to respond to cyberattack on critical pipeline AP Biden administration officials worked urgently Monday to ascertain the scope and fallout of a ransomware attack on the Colonial Pipeline, which supplies much of the eastern United States its gasoline — an incident that laid bare vulnerabilities in the country’s aging energy infrastructure. Senior White House officials said Monday the administration was working closely with Colonial Pipeline to mitigate the effe...

What we know about the pipeline ransomware attack: How it happened, who is responsible and more By: CNN By Zachary Cohen, Geneva Sands and Matt Egan, CNN (CNN) -- One of the largest US fuel pipelines remained largely paralyzed Monday after a ransomware cyberattack forced the temporary shutdown of all operations late last week -- an incident that laid bare vulnerabilities in the countrys aging energy infrastructure. The victim of the attack, Colonial...

Ransomware attack: What we know about the pipeline cyberattack: How it happened, who is responsible and more CNN 5 days ago By Zachary Cohen, Geneva Sands and Matt Egan, CNN © Luke Sharrett/Bloomberg/Getty Images FILE: Oil infrastructure at the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama, U.S., on Monday, Sept. 19, 2016. Fuel suppliers are growing increasingly nervous about the possibility of gasoline and diesel shortages across the eastern U.S. a...

Hear Bidens response to Colonial Pipeline attack 02:36 (CNN)The White House said Monday there are no issues with fuel supply as officials worked urgently to ascertain the scope and fallout of a ransomware attack on the Colonial Pipeline, which supplies much of the eastern United States its gasoline -- an incident that laid bare vulnerabilities in the countrys aging energy infrastructure. President Joe Biden and senior White House officials said the administration was working closely with Colon...

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2 hours ago IT Security Teams Face Unprecedented Challenges from Record-setting Cyberattacks, Skilled Personnel Shortages, and Low Security Awareness Across the Workforce ANNAPOLIS, Md.–(BUSINESS WIRE)–CyberEdge Group, a leading research and marketing firm serving the security industry’s top vendors, today announced the availability of its eighth annual Cyberthreat Defense Report (CDR). The award-winning CDR has rapidly become the de facto standard for asse...

Source: Microsoft, Bleeping Computer Ransomware-wielding attackers have begun to exploit a serious proxy-logon flaw in unpatched versions of Microsoft Exchange running on premises, Microsoft reports. Hackers have exploited the flaw to access vulnerable servers, crypto-lock files and demand a ransom from victims in return for the promise of a decryption tool. News of the attack campaign follows Microsoft on March 2 issuing emergency patches to fix four zero-day flaws in Microsoft Exchange, which...