Forbes Technology Council – Three years ago, Cesar Cerrudo published a whitepaper titled, “An Emerging US (and World) Threat: Cities Wide Open to Cyber Attacks.” It turns out that some of the cyberattacks and threats he described came to fruition, and this just seems to be the tip of the iceberg. Soon, everyone living in a city may suffer the consequences of cyberattacks in some capacity.
Bankrate – Your mobile banking app may help you avoid overdrawing your checking account or spending too much money. But if you’re unsure of how secure it is, you’re not alone. Reports suggest that many people still have security-related concerns when using digital banking channels.
U.S. News & World Report – Lawmakers across the U.S. have made even the possession of malware illegal – whether that will deter attacks, however, is a different story. Stunning ransomware attacks like those that recently hobbled Atlanta and Baltimore have thus far defied a legislative solution, with lawmakers in only a handful of states having criminalized the activity and experts skeptical that harsher laws would even make a difference. (more…)
SecurityWeek – A new type of ATM jackpotting malware has been discovered. Dubbed ATMJackpot, the malware appears to be still under development, and to have originated in Hong Kong. There are no current details of any deployment or use.
Security Week – Several natural gas pipeline operators in the United States have been affected by a cyberattack that hit a third-party communications system, but the incident does not appear to have impacted operational technology. Energy Transfer Partners was the first pipeline company to report problems with its Electronic Data Interchange (EDI) system due to a cyberattack that targeted Energy Services Group, specifically the company’s Latitude Technologies unit.
The Independent – Leading artificial intelligence researchers have boycotted South Korea’s top university after it teamed up with a defence company to develop “killer robots” for military use.
The Security Ledger – Recent Attacks on the third-party data system of several U.S. pipeline companies highlight the persistent need for better ways to secure industrial control systems (ICSs), particularly when third-party software is in use, security experts said.
Dark Reading – Attack a warning on vulnerabilities in energy networks, security analysts say. Several cybersecurity experts this week cautioned against underestimating the seriousness of a cyberattack on an EDI service provider that disrupted data communication services at four major US interstate gas pipeline companies in the last few days.
Forbes – Another day, another data breach. Actually, all data breaches aren’t created equally. I should say, another massive data breach. Under Armour shared that on March 25 it discovered unauthorized access that exposed or compromised 150 million MyFitnessPal accounts.
CityLab – Cybersecurity expert Cesar Cerrudo predicted ransomware attacks like the one that paralyzed Atlanta’s city government. City leaders everywhere should understand this threat, he says—and how it could have been a lot worse. For more than a week, one of America’s largest cities has been caught in a “hostage situation.”