Two of Canada's largest banks on Monday reported "fraudsters" claimed to have accessed customer information. Canadian Imperial Bank of Commerce and Bank of Montreal both issued statements saying they were informing customers potentially impacted by attacks. The bank accounts of some 40,000 customers might have been breached, Simplii Financial, CIBC's online bank, said in a statement. Separately, Bank of Montreal said in a statement it had been contacted by fraudsters claiming to have some personal and financial information for "a limited number" of clients. Bank of Montreal Canada's fourth-largest bank, said it believed the attack came from outside the country, and that it took immediate steps to contain the damage. CIBC said there's "no indication" that clients who use its main bank were impacted by the breach. … [Read more...] about Two big Canadian banks report cyber attacks on customer accounts
Cyber attacks canada
DENVER--(BUSINESS WIRE)--May 15, 2018--Optiv Security, the world’s leading security solutions integrator, has published its 2018 Cyber Threat Intelligence Estimate (CTIE), which details the current state of the cyber-threat landscape and uses estimative intelligence to predict how that landscape stands to change in the future. This report is generated to provide Optiv’s clients with a global view of security threats and trends, so they can effectively adapt their strategic plans to mitigate anticipated enterprise risk.Among the key findings in the report:The Rise of the Netherlands and Lebanon. Seemingly benign nation states such as Lebanon and the Netherlands are rising in the ranks of nation-sponsored attackers. The motivations for this rise are unclear, although both countries made headlines this year with cyberattacks: Lebanon for spying on thousands of people across 20 countries via an Android malware campaign; and the Netherlands for penetrating Russia’s Cozy … [Read more...] about Rising Nation State Cyber Attacks from…Lebanon and the Netherlands? Optiv Security Cyber-Intelligence Report Reveals State of the Cyber-Threat Landscape
It's been a year since the gigantic WannaCry ransomware cyber attack caused chaos across the world, hitting more than 230,000 computers in total.The hard drive encrypting malware spread so fast because the group behind it had combined normal malware with EternalBlue, a leaked NSA hacking tool which allowed WannaCry to use worm-like capabilities to self-propagate on vulnerable Windows systems.While there was some initial speculation that WannaCry was spread in an email spam campaign, the ransomware didn't in fact require any user interaction at all. Combining EternalBlue and another leaked exploit in the form of DoublePulsar, the worm looked for vulnerable public facing SMB ports it could establish a connection to.Once these were located, the leaked SMB exploits were harnessed to not only deploy WannaCry on that particular system, but to spread to all other vulnerable machines on the connected network. In essence, even just one open, vulnerable SMB port could lead to a whole network … [Read more...] about WannaCry ransomware crisis, one year on: Are we ready for the next global cyber attack?
Following a major international investigation, a website blamed for launching four million cyberattacks globally including numerous attacks on UK banks has been taken down by the authorities. Webstresser.org which allowed criminals to pay for distributed denial of service (DDoS) attacks against businesses has been taken down by Operation Power OFF, a joint effort by law enforcement agencies in the UK, US, Canada, Australia, Hong Kong and others in cooperation with Europol. Last year the site was used by a British suspect to coordinate attacks on high street banks that cost hundreds of thousands of pounds of damage. Investigators revealed that Webstresser was selling cyber-attacks for as little as $14.99 and that individuals could order an attack with very little chance of being traced. The seven suspected members of the group behind the site were arrested or searched by local authorities in the Netherlands, Serbia, Croatia and Canada with support from the US … [Read more...] about DDoS attack site Webstresser taken down
Last Friday, the Department of Justice indicted 13 Russians and three Russian companies for interfering with the 2016 elections. Also last week, several countries including the U.S., the U.K., Canada, Australia, and Denmark accused Russia of being behind last summer's NotPetya attack."[NotPetya] was part of the Kremlin’s ongoing effort to destabilize Ukraine, and it demonstrates ever more clearly Russia’s involvement in the ongoing conflict," said White House Press Secretary Sarah Sanders. "This was also a reckless and indiscriminate cyber attack that will be met with international consequences."Even though both attacks had political targets, the final list of victims wasn't limited to just political organizations and critical infrastructure providers. "NotPetya had substantial impact beyond the intended political targets, disrupting the IT systems and operations of thousands of civilian organizations worldwide," says Steve Grobman, CTO at McAfee. "It’s critically … [Read more...] about The global cyber war is heating up: Why businesses should be worried