Tag: crime

Cyberattack Inflicts Massive Damage on German Steel Factory

  A report released this week from Germany’s Federal Office for Information Security said that a German steel manufacturing plant was severely damaged by a cyber-physical attack this year. The incident was mentioned in an annual report by the Bundesamt für Sicherheit in der Informationstechnik (or BSI), which provided a summary of cyber security issues and incidents affecting Germany. According to the report, a German steel manufacturing facility was the victim of a “targeted attack” that the report labeled an “APT” or “advanced persistent threat” style attack.  [Read more Security Ledger coverage of APT-style attacks.] The attackers used a sophisticated spear-phishing e-mail and social engineering to get access to the office network at the steelworks, the report claims. “From there, they worked successively to production networks.” The malicious code disrupted the function of control system components that led to a blast furnace not being able to be turned off in a regulated fashion. “The result (was) massive damage […]

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The Moral of Sony? Stop Doing Attribution

The hack of Sony Pictures Entertainment, which first came to light on November 24th, devolved this week into a chaotic international “whodunnit” with conflicting reports attributing the incident to everything from the government of North Korea to the government of China to global hacktivist group Anonymous to disgruntled Sony employees. For sure: those attributing the attack to hacking crews within the military of the Democratic Peoples Republic of Korea (DPRK) had their argument bolstered by reports in the New York Times and elsewhere claiming that the U.S. government now believes that the DPRK, under the leadership of Kim Jong Un, was responsible for the devastating hack. Officials at Sony Pictures Entertainment clearly believe the connection is credible, ordering the cancellation of the release of the Sony Pictures film The Interview following threats of violence on theaters showing the film. That acceded to a key demand of the hackers, who have used the […]

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The Moral of Sony: Ignoring Cyber Risk Can Be Fatal

  Mark Anderson over at IEEE Spectrum has a nice article today on “How Not To Be Sony Pictures.” His argument: corporations can no longer afford to be cavalier about cyber security. Accordingly: they need to do much more than simply spot threats. “Any organization that thinks cybersecurity is as simple as installing and regularly updating their anti-virus software risks similar nightmare scenarios as what Sony Pictures now stares down.”  – Mark Anderson, IEEE Spectrum. Anderson notes this blog post, by Fengmin Gong, the chief strategy officer and co-founder of Cyphort Security. Gong argues that the sheer scale and complexity of connected devices requires a new attitude towards protecting critical data and assets. “The new approach today that people have shifts away from prevention — which everyone knows is not achievable — to a focus on attack sequence and consequence,” Gong writes. What does that mean? Gong and Anderson are […]

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Research Exposes Attacks on Military, Diplomats, Executives

Researchers from Blue Coat Systems said on Wednesday that they have identified an online attack framework that is being used in highly targeted attacks on executives in industries like oil, finance and engineering as well as military officers, diplomats and government officials. The attacks are designed to steal sensitive information and Blue Coat, in a report, said that the attackers went to extreme lengths to cover their tracks: routing all communications between the hackers and the compromised systems they controlled through a “convoluted network of router proxies and rented hosts” in countries like South Korea. The framework, dubbed “Inception” is global in scope, but appears to have started out targeting individuals in Russia. Attacks spread via phishing e-mail messages that contained malicious attachments, including key logging tools and remote access Trojan horse programs, BlueCoat said. The company has released a full report on the incident, which can be found here. (PDF) [Read more Security Ledger coverage […]

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Big Data, Security Drive Dell In Post-PC Future

If you consider how the Internet of Things is transforming the technology industry, one of the most interesting and thought-provoking areas to pay attention to is what we might consider technology “majors” – firms like HP and IBM and Cisco that made their mark (and their hundreds of billions) serving the needs of an earlier generation of technology consumers. How these established technology firms are pivoting to address the myriad challenges posed by the “Internet of Things” tells us a lot about how the IoT market is likely to shake out for consumers and – more pressingly- the enterprise.

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