Cybercrime

Up to 50% of MS Exchange users in the UK are exposed to three vulnerabilities that are now being actively exploited

https://www.computerweekly.com/news/252505767/Half-of-MS-Exchange-servers-at-risk-in-ProxyShell-debacle

Three-quarters of IT decision-makers are concerned that the tactics, techniques and procedures used by nation-state attackers could be used against them

https://www.computerweekly.com/news/252505571/IT-leaders-fear-trickle-down-of-nation-state-cyber-attacks

In the face of increasingly prevalent and sophisticated ransomware attacks, retail organisations need to develop alternative ways of restoring lost or encrypted data, as paying the ransom does not guarantee its return in almost a third of cases

Cyber incidents as a result of ransomware are rising at an alarming rate according to figures published by the Information Commissioner’s Office (ICO).

https://www.legalfutures.co.uk/associate-news/ransomware-risk-on-the-rise

Despite bagging $600m worth of cryptocurrency in what has been described as the biggest decentralised finance hack, the hacker has already started returning the funds

https://www.computerweekly.com/news/252505164/Hacker-makes-off-with-600m-in-worlds-largest-crypto-heist

It is still unclear who is behind the attack that caused Covid-19 vaccine bookings in Lazio, Italy, to grind to a halt, as despite masses of files being encrypted no specific ransom demands have been made for the decryptor

https://www.computerweekly.com/news/252505057/Possible-ransomware-attack-hits-Italian-vaccine-booking-system

BlackMatter gives details of its ransomware-as-a-service operation and distinguishes itself from now-defunct ransomware gangs in interview with cyber security analysts from Recorded Future

https://www.computerweekly.com/news/252504921/BlackMatter-goes-on-the-record-about-DarkSide-and-REvil-links

Authorities are still working to manage the fallout from the attack, which has already forced at least one school to delay the start of the new term in September

https://www.computerweekly.com/news/252504868/Six-Isle-of-Wight-schools-hit-by-ransomware-attack

Cyber security professionals have reported a sharp rise in debilitating attacks aimed at destroying or manipulating data

https://www.computerweekly.com/news/252504825/Destruction-and-integrity-cyber-attacks-on-the-rise

The Babuk ransomware operation backed away from encrypting its victims’ files, and technical difficulties may be to blame, reports McAfee