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James Thew AdobeStock_263959295 Extensive analysis of cyberthreats in 2020 reveals a 91% jump in attacks on industrial companies and a 54% rise in malware-related attacks compared to 2019, according to Positive Technologies. “The actuation of risks in the industrial sector can have global consequences—witness the cyberattack on water infrastructure in Israel or the attack in India that led to a power outage. Huber+Suhner and Honda both had to halt operations because of cyberattacks. Predicting the feasibility of the most dangerous risks and estimating their consequences for critic...

June 02, 2021 SINGAPORE - Media OutReach  - 2 June 2021 - With a rise in cybersecurity breaches and the need for remote work amid the pandemic, GROUP8 recognised the need for more extensive and robust cybersecurity solutions across various industries in Singapore. To inspire the local cybersecurity community, GROUP8 recently co-organised The Standoff webinar to bring a guided tour of this globally recognised cyberbattle to Singapore's virtual scene for the first time, on May 20, 2021. The Standoff is an annual cyberbattle based in Russia, where the best offensive (Red) and best defensive...

Even with cybersecurity measures in place, companies can still fall prey to hackers. Here’s how the tech industry should respond to attacks.

North Korea’s Lazarus Group used elaborate personas and encrypted chats to break into major pharma company SHARE Image: NK Pro In a social engineering attack against a major pharmaceutical company, North Korean hackers used a fake LinkedIn profile with hundreds of connections to trick a computer expert into running malicious code that eventually compromised the corporate network, cybersecurity firm Positive Technologies disclosed this week.  The Sept. 2020 attack described in the report closely resembles malware campaigns by the DPRK-linked Lazarus Group dubbed “Operation North Star” a...

To print this article, all you need is to be registered or login on Mondaq.com. On April 15, 2021, President Biden issued an Executive Order (found here),"Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation." This Executive Order implements new sanctions on Russia in response to Russia's cyber attacks, involvement in transnational corruption, interference in the 2020 U.S. presidential election, pursuit of extraterritorial activities against journalists and dissidents, and other anti-democratic violations of...