ATMs are literally boxes of cash—too good for criminals of any stripe to pass up. When ATMs first emerged, thieves used brute-force tools like crowbars, explosives, and propane torches to remove the ATM machine itself or get at the cash inside. As recently as April, three men were charged in Salt Lake City, UT, for trying to blow up ATMs and steal the cash.
On March 15, 2018, US CERT (U.S. Computer Emergency Readiness Team) issued a Technical Alert about “Russian government cyber actors” conducting a concerted cyberattack campaign against energy companies. Specifically, they gained access through small organizations connected to the target companies and then “conducted network reconnaissance, moved laterally, and collected information pertaining to Industrial Control Systems (ICS).”
As 2017 comes to a close, the string of recent attacks on SWIFT and other financial messaging systems are emerging as one of the main threat trends. News has just surfaced of another such attack – this time impacting Globex Bank in Russia, which took place on December 15th. Attackers apparently attempted to steal almost $1M by manipulating international transfer requests through the systems within the bank that connect to the SWIFT messaging service.
Ransomware is the biggest topic in the cybersecurity community right now – but this certainly doesn’t mean it’s a new concept. Malware capable of encrypting files on infected machines has existed since 1989, but today’s cyber attacks are far more sophisticated.
Cyber attackers only need one small crack in a security plan to invade and jeopardize an entire organization. As IBM and Ponemon Institute reported in their 2015 Cost of Data Breach Study: Global Analysis, this is becoming a costly problem for today’s businesses.
At this year’s inaugural Usenix Enigma security conference, crowds flocked to listen to an unconventional speaker.