Tag: patching

What can you tell about a company's security just by looking at it from the outside? A lot.

Hacker Eye on the Consultant Guy: Deloitte and the Art of spotting Vulnerable Firms from the Outside

Podcast: Play in new window | DownloadSubscribe: Android | RSS | MoreIn the latest Security Ledger podcast, we analyze the breach of Deloitte by talking to two people who spend a lot of time judging the security of firms by how they look to the outside world. Dan Tentler of the firm Phobos Group tells us what he found out about Deloitte doing some fast and dirty open source research. Also: we talk to Stephen Boyer of the firm BitSight about a new study that firm did of the gap between the security readiness of financial services firms and the third-party software supply chain they rely on. 

FedEx said the Petya malware outbreak in its TNT subsidiary in June cost the company $300 million and will cause it to miss its fiscal first quarter earnings.

FedEx: NotPetya Cost $300m, Wrecked Q1 Earnings

FedEx, the worldwide package delivery giant, said in a regulatory filing on Tuesday that the NotPetya ransomware outbreak in late June has cost it an estimated $300 million dollars and forced the company to miss its fiscal first quarter earnings. The company said in its quarterly “8K” report to the U.S. Securities and Exchange Commission (SEC) that the impact of NotPetya on TNT Express N.V., a newly acquired subsidiary based in The Netherlands. “Worldwide operations of TNT Express were significantly affected during the first quarter by the June 27 NotPetya cyber attack,” the company reported. The subsidiary has restored “substantially all” critical operational systems but “volume, revenue and profit still remain below previous levels.” The statement is the latest on the effects of NotPetya, which spread by way of bogus updates for software by the Ukrainian firm MeDoc. In July, FedEx said in a filing with the Securities and Exchange Commission […]