Saturday, June 5, 2021

Bloomberg - Are you a robot?

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Why hackers are going after physical infrastructure - CNN
Publisher: CNN
Date: 2021-06-03T19:59:46Z
Author: Rishi Iyengar and Clare Duffy CNN Business
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The M.T.A. Is Breached by Hackers as Cyberattacks Surge - The New York Times

The hackers did not gain access to systems that control train cars and rider safety was not at risk, transit officials said, adding that the intrusion appeared to have done little, if any, damage.

But a week after the agency learned of the attack, officials raised concerns that hackers could have entered those operational systems or that they could continue to penetrate the agency's computer systems through a back door, the document also shows.

Transit officials say a forensic analysis of the attack has not revealed evidence of either and that hackers did not compromise customers' personal information. The agency reported the attack to law enforcement and other state agencies, but has not disclosed it publicly.

Date: 2021-06-02T18:00:58.000Z
Author: Metropolitan Transportation Authority
Twitter: @nytimes
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JBS cyberattack: From gas to meat, hackers hit nation's consumers

A month ago, the hack of the Colonial Pipeline, which controls 45% of fuel in the Eastern U.S., led to panic buying of gas. This week's ransomware attack on the world's biggest meat processing company, JBS , escalated concerns about the potential for a spike in meat prices and food supply as a national security threat.

These cyberattacks have evolved beyond theft of data to physical assets with consumer impacts. Hackers often encrypt data on systems and demand ransom to decrypt it, but in these cases, the primary targets have shifted from the data alone to consumer-facing services. On Wednesday, the ferry service to popular New England vacation destination Martha's Vineyard was a minor example of the infrastructure added to the list of ransomware attack targets.

Publisher: CNBC
Date: 2021-06-02T17:19:50 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Americans face mounting risk of hackers taking over brokerage accounts, regulators say -

It's not just corporations that are facing an epidemic of cyber attacks — American retail investors are also struggling to contend with a surge in hackers taking over their investment accounts, regulators warn.

The Financial Industry Regulatory Authority, the brokerage industry's self-regulatory body, said in a recent notice that it has "received an increasing number of reports regarding customer account takeover incidents, which involve bad actors using compromised customer information, such as login credentials, to gain unauthorized entry to customers' online brokerage accounts."

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Publisher: MarketWatch
Date: 2021-06-04T13:03:00-04:00
Author: Chris Matthews
Twitter: @marketwatch
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Hackers remove Florida payer's PHI, delete all files from network: 3.2 million affected

Fort Lauderdale, Fla.-based 20/20 Eye Care Network began notifying 3,253,822 patients that their files were potentially removed and then deleted from the health plan's networks, according to a news release on the incident.

Author: Hannah Mitchell
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Agribusiness a Target for Hackers

Bloomberg is reporting that American beef production fell by nearly one-fifth in the aftermath of this attack. We noted in April that Agribusinesses would likely become a larger target for malicious actors in cyberspace, and unfortunately, this is proving true. Much like the recent Colonial Pipeline attack , the ransomware appears to have originated among foreign criminals.

The details of the attack are not yet clear, but the broader trend is. Ransomware attacks against companies in the agricultural space are increasingly common. These cyber-attacks can trigger liability, class action lawsuits, reporting obligations, regulatory actions, and other unpleasant business side effects depending on the circumstances. Without an expert in your business's corner, it can be easy to fall prey to the pitfalls in this legal and technological landscape.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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