The number of managed service provider (MSP) customers impacted by a wide-ranging REvil/Sodinokibi ransomware attack orchestrated through Kaseya’s VSA product has been revised upward from around 40 to about 60. The attack, which unfolded on 2 July, has so far caused disruption to some 1,500 downstream customers – many of them small and medium-sized enterprises […]
Archives for July 2021
Jim Whitehurst stands down as IBM president
IBM president and former Red Hat CEO Jim Whitehurst has decided to step down, following a spell of just 14 months in the role. Whitehurst joined the tech giant as part of its $34 billion acquisition of Red Hat back in 2018, having played a “pivotal role” in the integration. Announcing the shock decision, IBM did […]
Cyber insurance costs up by a third
The proliferation of double extortion ransomware attacks and the relative ease of their execution by cyber criminal gang affiliates has led to what may be the largest medium-term rate increase across the entire insurance market as providers of cyber insurance try to keep ahead of spiralling loss costs, according to data from reinsurance brokerage Howden. […]
BA reaches settlement in data breach group action
A group action lawsuit against British Airways (BA) following its September 2018 data breach has been settled on confidential terms following mediation between the claimants legal representatives and the airline. The group action was led by a team from law firm PGMBM, led by legal director Tony Winterburn and associate Michael Burke, and is the […]
Security Think Tank: Returning workers to the office: Is your security posture up to date?
By Rasika Somasiri Published: 06 Jul 2021 Home working for UK office workers began at scale in March 2020, with formal guidance that employees should work from home wherever possible. For many, that was the last time they visited an office. Since then, guidance has varied in response to the changing level of threat, but […]
How IIoT is delivering predictive analytics and resilience to electric utilities
With stronger hurricanes, wildfires and other natural disasters, keeping the lights on is a central concern. Now, with the help of IIoT, electric utilities can do a better job of disaster mitigation. Image: iStock/Yelantsevv There are times when history helps us remember where we were and the work we still have to do. When Hurricane […]
REvil demands $70 million ransom after Kaseya supply chain attack
REvil has infected more than 40 customers of IT management software firm Kaseya in a SolarWinds-style supply chain attack in which ransomware was distributed through a malicious update. Kaseya revealed this weekend that its cloud-based IT management and remote monitoring product VSA had been compromised, but that the attack affected a small number of its on-premises customers […]
REvil crew wants $70m in Kaseya ransomware heist
More than 1,000 different organisations around the world – including many small and medium-sized enterprises (SMEs) – remain locked out of critical IT systems over 48 hours after a REvil/Sodinokibi ransomware attack against IT managed service providers (MSPs) orchestrated via a compromise of Kaseya’s VSA endpoint management and network monitoring service. The supply chain attack […]
Water scarcity: The critical role of nanosatellite technology in water management
When the worst drought in California’s history ended in 2017, it revealed critical flaws in state water management processes that cost the US as a whole $3.8 billion (€3.20 billion). Disruptions to water supply are potentially catastrophic not just to the state’s fragile ecosystem, says Tom Rayner, business development executive at Myriota, but also to […]
Widespread Brute-Force Attacks Tied to Russia’s APT28
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