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xrive007

Cyberattack hits world's largest meat supplier - 0 views

www.nbcnews.com/...largest-meat-supplier-n1269191

meat supplier Software cyber attack business ransomware

shared by xrive007 on 09 Oct 21 - No Cached
  • It might be days before production resumes after an “organized cybersecurity attack” affected IT systems in North America and Australia
  • The world's largest beef supplier has been hit with a ransomware attack, threatening some of the U.S. meat supply.
  • The hack came less than four weeks after a similar one by Russian criminals against Colonial Pipeline
  • ...16 more annotations...
  • JBS, one of the world's largest international meat processors, was hacked
  • forcing the company to take systems offline and stop work
  • 11 beef processing facilities in Australia and 26 chicken processing plants in the U.S
  • The company told the White House on Sunday that it was a ransomware attack,
  • JBS notified the administration that the ransom demand came from a criminal organization, likely based in Russia.
  • Ransomware, an extremely lucrative type of cybercrime, is malicious software that lets hackers encrypt a victim's files and demand a ransom to make them functional again.
  • he hackers will steal and threaten to publish those files if their demands aren't met.
  • Ransomware attacks have grown rapidly in recent years.
  • Criminal hackers,
  • often based countries like Russia where they are largely protected from U.S. law enforcement
  • have targeted practically every major industry to shake down victims for payment.
  • about 40 food and beverage companies around the world have had confirmed ransomware attacks since May 2020.
  • Colonial's hackers, an established ransomware gang called DarkSide, shut down its website amid international attention from that attack, but not before receiving a $4.4 million payment from Colonial.
  • regularly hit manufacturers, school systems and city governments.
  • ransomware attack had already affected the cattle market.
  • If this goes beyond a week, you start to really worry about these animals building up on farm sites where they just don't have the capacity to hold them
  • xrive007 on 09 Oct 21
     
    An example of a cyber attack or ransomware, in a manufacturer. Shows some effects of a ransomware and what a consumer may experience.
asant318

Ransomware: One of Hospitality's Biggest Threats in 2017 | News | Hospitality Magazine ... - 0 views

hospitalitytech.com/pitalitys-biggest-threats-2017

shared by asant318 on 12 Jul 18 - No Cached
  • attack made headlines for locking guests out for their rooms
  • discuss how ransomware can affect the hospitality industry and what hotels and restaurants should consider to protect themselves from future cyber attacks.
  • Travelers may be annoyed, but for the hotel, ransomware can be a major business disruption.
  • ...10 more annotations...
  • The cyber threat has been used to target a variety of businesses from hospitals to retailers and now the hospitality industry
  • , businesses need to always be ready for a breach. Every business should have an action plan in place to prevent their company from being the next victim of ransomware or any other cyber security threat.
  • pirated software, file attachments, web links, and suspicious emails.
  • keep additional devices from being infected.
  • best practices for any company to employ are regular backups and a tested disaster recovery plan
  • Using anti-malware software is a necessary start, but it will not stop everything – especially rogue software downloaded by employees
  • important to act quickly by segmenting portions of the infected network and removing devices to try and prevent the problem from spreading.
  • install ransomware protection
  • malicious software will continue to rise as businesses and consumers become more dependent on the internet for everyday needs.
  • it’s important that businesses take proactive steps to protect not only company data, but the overall integrity of the company network from hackers.
  • asant318 on 12 Jul 18
     
    The article discusses ransomware attacks on hospitality properties. A 2016 attack left guests locked out of their rooms but the threat could affect different areas of a hospitality business and cause significant disruption to their business. Properties need to be prepared for a security breach with an action plan to prevent cyber-attack. The article points out that it's important to act quickly to segment the network and try to prevent any new devices from being infected. Best practice recommends regular backups and a recovery plan, using anti malware software and being cautious with employee installed software. The most important thing a company can do is to be proactive and prepared for an attack.
erinkieltyka

Suspected Ransomware Attack on InterContinental Hotels Affected Over 4,000 Guests | Spi... - 0 views

www.spiceworks.com/...s-group-cyberattack-ransomware

shared by erinkieltyka on 04 Oct 22 - No Cached
  • Ransomware generally entails infiltration and compromise, exfiltration of data, and the encryption of data/systems/networks. Hospitality was the eighth most targeted sector by ransomware groups between March 2021 and April 2022.
  • 4,053 ICH users and 15 of its 325,000 employees were compromised in the attack whose perpetrator remains unknown.
  • The company was unable to accept online bookings
  • ...7 more annotations...
  • determine whether the latest cyberattack is more significant than the 2016 breach of the ICH systems. Initially thought to have been a minor breach that affected 12
  • Between September 29 to December 29, 2016, 1,175 properties were infected by malware designed to steal credit card data
  • Marriott International has been breached thrice, resulting in the compromise of the personally identifiable information of up to 338 million guests
  • Marriott was also fined £18.4 million ($23.8 million) by the U.K’s data regulator Information Commissioner’s Office for failing to protect the data of the 338 million guests
  • This is yet another reminder of the damaging impacts of cybercrime. Not only is IHG potentially getting held to ransom for its data access, but it is also losing out on customer bookings
  • Organizations should use this as a warning to never gamble with their cyber defenses. After all, the cost of preparing and preventing an attack is far less than the cost of recovering from one
  • Data breaches, on average, cost organizations $4.25 million in 2022, according to IBM’s 2022 Cost of Data Breach report.
  • erinkieltyka on 04 Oct 22
     
    This article discusses a recent cyber-attack on ICH that is believed to have been a ransomware attack. It's stated that hospitality is the 8th most targeted sector for ransomware as of recently. The recent attack on ICH 4,053 users and 15 employees were compromised, which is actually far less than their last attack in 2016 that effected 1,175 properties. Hotels must take as much precaution as possible against cyber attacks because not only does it decrease their bookings, but they can also be charged millions in fines for information breaches.
jrodr1102

Ransomware: One of Hospitality's Biggest Threats in 2017 | News | Hospitality Magazine ... - 1 views

hospitalitytechnology.edgl.com/...-Biggest-Threats-in-2017108863

technology Software Travel ransomware

shared by jrodr1102 on 20 Feb 17 - No Cached
  • After the attack made headlines for locking guests out for their rooms, the hospitality industry felt the first shockwaves of the top cyber security threat for 2017.
  • jrodr1102 on 20 Feb 17
     
    Ransomware is a modality that takes digital devices hostage and prevents the user from accessing or generating information. Hackers then request the user to pay a ransom in order to recover access. Ransom money is requested in digital currency, usually Bitcoins. In 2016, an Austrian Hotel experienced ransomware for the first time. Devices were hacked and encrypted in a way that prevented hotel staff from programming room key cards and kept some guests out of their rooms. This risk could be mitigated by recognizing and acting fast at the signs of an attack. When the first devices have been compromised, staff can act by disabling other devices from being held hostage. Back ups can also save a company from being unable to access them in the event of an attack.
emmajeenie

Attacked by Ransomware, Many Companies Opt to Pay Up - CFO - 1 views

www.cfo.com/...e-many-companies-opt-to-pay-up

shared by emmajeenie on 23 Jun 21 - No Cached
    • emmajeenie
      emmajeenie on 23 Jun 21
       
      The demanded ransom is often a moderate amount that would pale in comparison to the recovery and reputational costs for a company that refuses to pay.
  • Hospitals, for instance, are frequent targets of these kinds of attacks, in part because people’s lives are on the line so they have to make quick decisions.
  • , in a ransomware attack the data isn’t released or leaked or sold. On the contrary, in most cases, data and infrastructure aren’t compromised at all; its owner just can’t access them.
  • ...11 more annotations...
  • y rose 41% from 2018 to 2019 to more than 205,000 globally, according to newly published data.
  • the security firm Coveware estimates the average payout for those that did was about $85,000 during last year’s fourth quarter, and more than $190,000 in December.
  • its leaders give in — and pay the ransom.
  • Organizations have more to lose financially from the inability to conduct business than they do from just paying the ransom
  • It’s like the plot of a James Bond movie: Hackers take control of a global organization’s computer systems and threaten to destroy its records, steal its intellectual property, and drain its bank accounts unless a hefty ransom is deposited into an untraceable offshore bank account by the end of the day.
  • ” the ransom is likely a significantly smaller amount than what it may cost to address a threatening public issue or the time and money necessary to rebuild the confidence in a brand or company.
  • Experts suspect that the actual number of ransomware attacks is much higher than the reported number, citing reasons ranging from fear of job loss, investor withdrawal, and reputational damage
  • Moreover, while public companies are required to report cyberattacks to regulators, private organizations are under no such mandate. Reporting attacks to law enforcement often may cause lengthy investigations
  • A hacker can keep repeating a ransomware attack until the security flaw is fixed or they are caught or reported.
  • Organizations can undertake a few basic defensive actions to mitigate the impact of a ransomware attack. Frequently backing up data and storing it on different networks is one way,
  • reducing the number of outside apps the system uses, fixing software vulnerabilities immediately, and properly training and educating employees on what to look for and whom to alert if something appears suspicious.
sosor012

Ransomware attack on chip supplier causes delays for semiconductor groups | Financial T... - 0 views

www.ft.com/...40-8dde-493e-bb30-f5f1e9830804

shared by sosor012 on 01 Mar 23 - No Cached
  • Disruption from a ransomware attack on a little-known supplier to the world’s largest semiconductor equipment manufacturers will continue into March, in a new setback to chip production after years of coronavirus-related delays.
  • first identified on February 3,
  • MKS’s customers include many of the largest companies that produce semiconductors and the specialised equipment necessary to manufacture them, including TSMC, Intel, Samsung and ASML.
  • ...8 more annotations...
  • The company had revealed on Monday that it could still take “weeks” more to restore operations and would cost hundreds of millions of dollars in lost or delayed sales. Most ransomware victims are able to recover in about three weeks, according to industry estimates.
  • The attack affected “production-related systems
  • , the company has now told the US stock market regulator that it is unable to file its annual report on time
  • the final impact on quarterly sales could total as much as $500mn — more than half what Wall Street had previously predicted
  • The semiconductor supply chain, which in many places relies on components made by only one provider, has faced repeated shortages over the past two to three years due to production and logistics delays.
  • However, demand for smartphones and other consumer electronics has waned in recent months as coronavirus lockdowns eased and consumer spending has been squeezed by inflation.
  • , it is unclear if MKS will be encouraged by US law enforcement to resolve the issue by paying a ransom.
  • Shares in MKS fell by about 15 per cent between February 3,
  • sosor012 on 01 Mar 23
     
    The article "Ransomware attack on chip supplier causes delays for semiconductor groups," discusses the affects on a company due to a cyberattack that occurred February 3rd. The company is believed to have setbacks into March and that it would cost hundreds of millions of dollars in lost or delayed sales. The company also believes they will be unable to file its annual report on time and possibly have to resolve the issue by paying a ransom. This also cost a 15% decrease of shares for the Company.
llibe010

The Top Five Cyberthreats Hotel Brands and Franchisees Need to Know About | Netsurion - 0 views

www.netsurion.com/...p-five-cyberthreats-for-hotels

Technology hospitality hotel software security

shared by llibe010 on 23 Jun 22 - No Cached
  • ay for guests, it also opens hotels to digital threats perpetrated by malicious actors. Consequently, hotel operators should be aware of the types of cyber attacks, which can significantly hurt their brand reputation and bottom line, not to mention the safety and welfare of employees and guests.
  • In January, for example, cyber criminals took over a luxurious Austrian hotel’s computer-controlled key-card system, locking 180 guests out of their rooms until hotel managers paid a nominal ransom
  • A ransomware attack may disable or alter performance of hotels’ computer-driven systems such as air conditioning and lighting, putting guests’ comfort and, worse yet, safety at risk. In addition, booking systems are extremely vulnerable to ransomware attacks because they process information belonging to the hotels, third-party applications and their customers.
  • ...18 more annotations...
  • 1. Ransomware:
  • hey present further ransomware opportunities to hackers by using computers to automate functions.
  • distributed denial of service, or DDoS
  • One of the largest data breaches in history was conducted through a third-party vendor when hackers stole data from 70 million credit cards by gaining access to a mega-retailer’s network through credentials belonging to an HVAC contractor.
  • 2. Remote hacking through third-party vendors:
  • 4. DDoS attacks on the hotel network:
  • 3. Phishing scam targeting customers and hotels:
  • Train employees. Hotels should train employees to not open suspicious emails or links inside them as they may contain malware.
  • Statistics indicate that such incidents will become more frequent, so it is not a matter of if but when the next cyber attack will occur.
  • Integrate a managed SIEM. Hotels should bring on a managed security information and event management (SIEM) platform for their remote locations to be warned right away of cyber attacks. They may also want it for inside the perimeter if they lack the expertise and resources to properly use SIEM internally.
  • Maintain PCI compliance. The Payment Card Industry Security Standards Council (PCI SSC) has put forth a set of stipulations, the Payment Card Industry Data Security Standard (PCI DSS), in response to rapid PCI expansion. Hotels should make sure they are compliant with these regulations, which require businesses to send credit-card information in a secure environment, to prevent paying heavy fines and losing data, revenue, and customer trust.
  • Install antivirus on all devices. Hotels should ensure they have reliable anti-virus and anti-malware software installe
  • 5. Theft of personal information over public Wi-Fi.
  • According to the FBI, the number of cyber threat occurrences quadrupled to 4,000 per day last year from 1,000 per day in 2015
  • The number of cybersecurity incidents worldwide increased 38 percent in 2015 from 2014, according to the Global State of Information Security Survey 2016 by PwC, CIO, and CSO.
  • In addition, there are large volumes of payment card transactions between restaurants, on-site shops, spas, parking, and the front-desk, ensuring there is plenty of customer data for a hacker to compromise.
  • Hotels are especially vulnerable to this type of attack where a type of malware disrupts access to a system until a ransom is paid. This is because they often use integrated POS systems
  • Hackers can break into hotels’ payment systems through a remote access point belonging to one of its vendors, so they should closely monitor third-party access to their networks
  • CHARLENE ESCOE BARNETT on 23 Jun 22
     
    This article outlines some of the main cyber attacks on the Hospitality industry. It exposes the threats due to the wealth of data stored in PMS, POS and CRM and suggests steps to take to protect against malware and randsomeware. The article further highlights the necessity for antivirus software on all devices.
  • llibe010 on 19 Oct 22
     
    The article describes the five most common cybersecurity risks for hotel brands such as ransomware, remote hacking and DDoS attacks. The operational elements of each risk have also been discussed. It also covers best practices that hotels and other hospitality organizations can adopt to curb breaches.
elena_martynova

Hotel Cybersecurity: What Can Happen When Hackers Strike? | By Robert E. Braun - 0 views

www.hospitalitynet.org/...4080977.html

shared by elena_martynova on 18 Feb 17 - No Cached
  • Hoteliers remain vulnerable to hackers seeking confidential information such as guests' credit card data and employees' personal information.
  • In a recent hotel breach, the hackers did not go after confidential data, but rather sought a ransom payment after taking control of the hotel's technology.
  • hotels, more than most private industries, have to take into account the kind of physical harm that might be done by a hacker.
  • ...9 more annotations...
  • not only are guest information systems targets, but also the life and safety systems – HVAC, elevators, electricity and so on.
  • while financial theft could impact a hotel and its reputation, a hack of the physical structure of a business could put the hotel out of business.
  • Moreover, hotels are complex businesses with overlapping and interconnected systems. Thus, finding a way into one system can allow a bad actor to access other parts of the hotel, giving them the opportunity to demand payment for protection.
  • Hotel owners and operators should be aware that ransomware is increasingly popular because it provides for almost immediate return on a hacker's "investment."
  • Rather than selling personal information, which rapidly loses value, the use of ransomware gains the hacker an immediate return
  • Hotels need to take the same steps that other business take to achieve data security:
  • Analyze risk.
  • Train Personnel.
  • Plan for the breach.
  • elena_martynova on 18 Feb 17
     
    Theft of data by hackers remains the major threat to Hospitality Industry. Usually, hackers attack hotel point of sale for obtaining personal information. But now days hotel owners should be aware of ransomware which is becoming more popular among hackers as it provides the hacker an immediate return.
cleon087

Cybersecurity at Hotels: 6 Threats For Hotels to Manage - 0 views

www.socialtables.com/...cyber-security-hotels

Technology hospitality

shared by cleon087 on 23 Apr 19 - No Cached
  • hishing att
  • Ransomware
  • Point of sale/ payment card attacks
  • ...21 more annotations...
  • DarkHotel hacking
  • Customer data/ identity theft 
  • Over that past few years, the industry’s most well-known brands have all been victims of cybercrime.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      The hospitality industry is a huge target for cybersecurity breaches
  • Cybersecurity for hotels should always include a process to mitigate any compromised systems should they go down in a DDoS attack.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      distributed denial of service attack
  • intends to convince the recipient that he/she should share information
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      Goal of phishing: to be information from recipients
  • In recent years, this threat has become increasingly sophisticated, with attacks targeting those in authority. The aim is to take over a user’s email account to send bogus emails to colleagues. These emails often attempt to persuade recipients to authorize transactions, which are ordered from above.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      Phishing example in the industry: In recent years, this threat has become increasingly sophisticated, with attacks targeting those in authority. The aim is to take over a user's email account to send bogus emails to colleagues. These emails often attempt to persuade recipients to authorize transactions, which are ordered from above.
  • Hotels that have fallen foul to this crime have in the past paid more than $17,000 to be able to let guests into their rooms and create electronic keys.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      Ransomware - Hotels that have fallen foul to this crime have in the past paid more than $17,000 to be able to let guests into their rooms and create electronic keys.
  • Phishing refers to the sending/receiving of emails that appear to be from a genuine source.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      Phishing: Phishing refers to the sending/receiving of emails that appear to be from a genuine source.
    • cleon087
      cleon087 on 20 Jul 20
       
      It is important to know about what this means
  • Cybersecurity issues of this nature, often result in customers being out of pocket, and the media getting involved. Which, of course, means bad press for a hotel. Furthermore, there could be financial implications for the business.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      POS attacks: Cybersecurity issues of this nature, often result in customers being out of pocket, and the media getting involved. Which, of course, means bad press for a hotel. Furthermore, there could be financial implications for the business.
  • Protecting the identity and information of a customer is paramount to the success of any business and hotels ar eno exception.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      Protecting the identity and information of a customer is paramount to the success of any business and hotels ar eno exception.
  • The attacks use forged digital certificates to convince victims that a software download is safe.
    • kaylaabad
      kaylaabad on 29 Feb 20
       
      DarkHotel hacking: The attacks use forged digital certificates to convince victims that a software download is safe.
  • That is often passwords and financial information; this scam is one of the oldest on the internet.
    • cleon087
      cleon087 on 20 Jul 20
       
      It is important to be informed of this type of attack as a hotel owner because your holding sensitive information.
  • taking information and certain systems hostage. The purpose of this attack was to gain financially from those who paid the demanded figure to free their data/systems.
    • cleon087
      cleon087 on 20 Jul 20
       
      A lot of times that ask for a ransom and you pay and still you don't get access back to your computer. Also they can take credit card information and use guest credit cards.
  • Every day regular items such as sprinkler systems to security cameras are vulnerable to hijack. After which, entire computer systems can be made to come crashing down.
    • cleon087
      cleon087 on 20 Jul 20
       
      Having access to cameras is concerning because this is sensitive information. They can get access to private areas of the hotel and use it to their advantage.
  • And that means somewhere there is a weakness in the system which has been revealed by human error.
    • cleon087
      cleon087 on 20 Jul 20
       
      This is why it is important to invest in the security because you don't want your guest to experience this.
  • criminals use a hotels Wi-Fi to target business guests.
    • cleon087
      cleon087 on 20 Jul 20
       
      This is scary because people go to hotels to get a vacation and they trust the hotel.
  • ncourage guests to use virtual private networks (VPN) if they plan on conducting business with sensitive data.
  • Especially when there are criminals from all over the world trying to steal identities, and credit card data.
  • his crime is forever changing.
  • for hotels, an almost perpetual arms-race to secure both data and networks.
    • cleon087
      cleon087 on 20 Jul 20
       
      This is why it is important to be up to date.
  • Phishing refers to the sending/receiving of emails that appear to be from a genuine source
  • zxu009 on 23 Apr 19
     
    This article lists of some common security breaches that hoteliers need to be aware of and prepare the hotel system for.
  • edagt001 on 25 Oct 19
     
    This article talks about how cybersecurity can critically affect hospitality businesses if they are not careful about what ways could attack their business.
  • kaylaabad on 29 Feb 20
     
    As the article states, "Protecting the identity and information of a customer is paramount to the success of any business and hotels are no exceptions." Quite unfortunately, cybersecurity issues are some of the biggest obstacles that hotels are experiencing nowadays. With hacking attacks such as phishing and ransomware, hotels need to invest in increasing their cybersecurity as any breach can lead to a downfall in business loyalty and brand.
smend120

Cyberattack on Luxury Resort Should Put Hospitality Industry on High Alert | Fisher Phi... - 0 views

www.jdsupra.com/...xury-resort-should-put-6792530

cyberattack cybersecurity hospitality privacy technology

shared by smend120 on 05 Oct 22 - No Cached
  • Cyberattack on Luxury Resort Should Put Hospitality Industry on High Alert
  • Cybercriminals are finding new ways to hold their victims hostage
  • a recent cyberattack on a luxury resort should serve as a warning for your business.
  • ...17 more annotations...
  • The Allison Inn & Spa, recently fell prey to a ransomware attack that left its employees’ and guests’ personal information exposed
  • the stolen information – which includes data from 1,500 employees and more than 2,500 guests, including dates the guests stayed at the hotel as well as employees’ birthdays, phone numbers, and Social Security numbers – was posted on the public internet in easily searchable form.
  • Typically, stolen confidential information such as this is only published on the “dark web” and is not as easily retrieved through any type of online searches.
  • New Tactic Reveals New Dangers
  • If affected devices cannot be removed from the network (or if the network cannot be temporarily shut down), secure the network by powering down infected devices to avoid any further spread of the ransomware infection;
  • the public release of the confidential guest and employee data may have been an “experiment” to see whether it could further ratchet up pressure on the business to pay out the ransom.
  • this new tactic may be a trend we see from cybercriminals looking to extort their victims in future ransomware attacks.
  • they were hoping to force the business to pay them a ransom.
  • be prepared to implement comprehensive cybersecurity risk management processes.
  • Determine what systems were impacted and immediately isolate them
  • What Should Your Business Do?
  • Triage impacted systems for restoration and recovery
  • Engage your internal and external stakeholders
  • Retain legal counsel to provide guidance
  • Retain a third-party incident response provider
  • Report the incident to law enforcement
  • companies should consider deploying multifactor authentication in order to gain access to company networks, provide robust cybersecurity training to all employees on an annual basis, and maintain offline, encrypted backups of all internal data.
  • smend120 on 05 Oct 22
     
    Cybercriminals are constantly coming up with novel schemes to kidnap their victims. A recent cyberattack on a five-star resort should act as a cautionary tale for your company. In Oregon, the Allison Inn & Spa recently became the target of a ransomware assault that revealed the personal data of its staff and visitors. The stolen data was published in easily accessible form on the public internet and includes details from 1,500 employees and more than 2,500 guests, including dates of the guests' hotel stays as well as employee birthdays, phone numbers, and Social Security numbers. The "dark web" is typically the only place where stolen private information like this is released, making it harder to find through regular online searches. The goal of the cybercriminals was to coerce the company into paying a ransom. The public disclosure of the private visitor and staff information seems to have been an "experiment" to see if it would increase pressure on the company to pay the ransom. Cybercriminals may use this new strategy frequently in the future to demand ransom from their victims. The implementation of thorough cybersecurity risk management procedures should be considered by resorts. In the event of a cybersecurity attack, determine which systems were affected by the attack and immediately isolate them. Then, prioritize those systems for restoration and recovery. After which, involve internal and external stakeholders and retain legal counsel for advice. It is crucial that you hire a third-party incident response provider and notify law enforcement. Multifactor authentication should be used by businesses to protect network access, and they should also annually train all staff in cybersecurity best practices and keep offline encrypted backups of all internal data.
rnobl005

The damage from Atlanta's huge cyberattack is even worse than the city first thought | ... - 0 views

techcrunch.com/...atlanta-information-management

shared by rnobl005 on 08 Jul 18 - No Cached
  • The damage from Atlanta’s huge cyberattack is even worse than the city first thought | TechCrunch
    • rnobl005
      rnobl005 on 08 Jul 18
       
      After reading the discussion prompt for this week, the recent cyberattack on Atlanta immediately came to mind. This scenario is a prime example as to why cities need to invest in cybersecurity. The city paid the ransom demand of $50,000, but the damage of the attack itself was much more costly - they estimate having to spend $9.5 million to rebuild many programs that are not salvageable. It's hard to say if this was preventable had Atlanta invested in some form of cybersecurity but I think this is a new trend that major cities should be aware of and start taking preventative measures on.
  • The damage from Atlanta’s huge cyberattack is even worse than the city first thought | TechCrunch
  • More than two months after a cyberattack hobbled many of its critical municipal systems, the city of Atlanta is still sorting through the wreckage of what is likely the worst cyberattack targeting a U.S. city to date.
  • ...7 more annotations...
  • On March 22, Atlanta’s connected systems city-wide were hit with a ransomware message locking their respective files and demanding an approximately $50,000 payment in bitcoin
  • Atlanta residents were unable to do simple city system-dependent tasks like paying parking tickets or utility bills. City employees didn’t get the all-clear to turn on their computers until five days later and many city systems still have not recovered.
    • rnobl005
      rnobl005 on 08 Jul 18
       
      The cybersecurity article focused on global issues and potential military conflict, but this article proves that cybersecurity can impact the more mundane aspects of our life.
  • at least one third of the 424 software programs that the city runs remain offline or partially inoperable. Almost 30 percent of those programs are deemed “mission critical” by the city meaning that they control crucial city services like the court system and law enforcement.
    • rnobl005
      rnobl005 on 08 Jul 18
       
      Again, on a global scale the Atlanta court system doesn't sound super threatening. But for the city it's obviously a huge blow and will take years to bring everything up to speed.
  • While reporting the updated numbers, Rackley estimated that $9.5 million would need to be added to the department’s $35 million budget to address the remaining damage
  • That amount is on top of the more than two million dollars in emergency procurements sought by Atlanta Information Management following the attack.
  • Earlier this week, Atlanta’s Police Chief disclosed that the cyberattack destroyed “years” worth of police dash cam video footage.
    • rnobl005
      rnobl005 on 08 Jul 18
       
      Another terrible loss due to the cyberattack.
  • Atlanta has been regarded as a frontrunner for Amazon’s second headquarters in some analyses, though it’s not immediately clear how the cyberattack will affect the city’s odds.
anonymous

Cybersecurity Tactics for a Hotel Industry that's Under Siege - 0 views

hospitalitytech.com/tel-industry-thats-under-siege

shared by anonymous on 02 Nov 17 - No Cached
  • Credit card fraud and identity theft should remain high on the hotel and lodging industry’s radar. Just ask Starwood Hotels & Resorts Worldwide (including their Westin, Sheraton and W Hotel brands), Hilton, Hyatt and the Trump Hotel Collection, all of which were victims of highly publicized, major breaches in the hospitality industry last year. 
  • Hotels need a ‘toolbelt’ of various security technologies that can be used to prevent malicious attacks. A managed firewall is essential, blocking dangerous traffic from coming onto the network and preventing sensitive data from being exfiltrated, or sent, to the hackers.
  • In the breaches mentioned above, point-of-sale (POS) systems were attacked and malware launched to acquire cardholder names, credit card numbers and expiration dates.
  • ...7 more annotations...
  • It can be difficult and expensive to hire and retain an IT security team
  • One way to implement these advanced toolsets includes outsourcing to a managed security firm specializing in this type of service
  • POS systems are a weak security point for many networks because they are constantly in use — and aren’t always patched, updated or protected from vulnerabilities as frequently as required.
  • personal details for hotel guests are frequently stored in a variety of locations, including billing, facilities, restaurants, etc.
  • otels are made even more vulnerable thanks to POS system provider breaches
  •   Phishing remains a particularly popular tactic used by hackers everywhere, including those that are targeting the hotel industry to trick both prospective guests, who give up credit card and personal details, and insiders, who then give up valuable login credentials.
  • File Integrity Monitoring (FIM), Unified Threat Management (UTM), and Security Information and Event Management (SIEM) should also be considered
  • rfern243 on 02 Nov 17
     
    This article talks about how there is a serious concern in the hotel industry when it comes to credit card and identity theft. They talk about how all the major brands in the hotel industry were all victims of highly publicized, major breaches in the last year alone. Also, including airline and banks, hotels maintain a wealthy amount of database of personal and financial data. For example, with new technology systems being created, POS systems are a weak security point for many networks because they are constantly in use and are not always updated or even protected from vulnerabilities. The article talks about personal details for hotel guests are frequently stored in a variety of locations including restaurants, facilities, and government buildings, so hackers have a greater possibility to access your personal information. The bigger hotels are in more danger because of the volume of guests that come in and out of the location. Smaller hotels should be concerned not just about their security but also by ransomware, an increasingly favorable tactic to extort hoteliers by hackers who encrypt the hotels data making it inaccessible until ransom is paid for. I believe hotels need a toolbelt of various securtiy technologies that can be used to prevent future malicious attacks. I think by managing and implementing a firewall is essential which helps get rid of dangerous traffic from coming onto the network and preventing sensitive data from being hacked.
  • ...1 more comment...
  • denisedantas on 05 Nov 17
     
    This article talks about the weakness and vulnerability of POS systems involving safety. It mentions the security breach that few companies, such as Starwood Hotels & Resorts Worldwide (including their Westin, Sheraton and W Hotel brands), Hilton, Hyatt and the Trump Hotel, faced last year (2016) involving credit card fraud and identity theft through their POS systems. It mentions how point-of-sale (POS) systems are not complete safe and how vulnerable they are because they are constantly in use and aren't always patched, updated, or protected from vulnerabilities as frequently as required. It suggests that enterprises should outsource their cyber security management to minimize costs, considering that is extremely expensive to hire and retain IT security team.
  • csendra004 on 15 Jul 18
     
    MOD 10: This article discusses the main tactics of cyber hackers that target hotels. Point of sale (POS) systems are easy targets for hackers due to their constant use during operation hours and because of that their security measures aren't always up to date. Hotels have large data banks since they're storing consumer profile information such as home addresses, phone numbers and credit card numbers. There's a large risk when it comes to security breaches within franchises because they have access to their parent company's regional, national and global systems. If their systems are hacked and breached, then that puts the whole system of the brand at risk. Security breaches within a system can also damage a brands reputation with the public. According to the article, "Recent major breaches at Fortune 500 companies and household names across the retail, restaurant and hotel sectors demonstrate that anti-virus, anti-malware and firewalls alone are not enough to secure businesses from the ever-evolving threat landscape." Smaller properties are even at a greater risk because not only do they have to monitor their compliance with PCI but also monitoring their security systems for their database and PMS system. Some of the recommended software's that should be used by hotels looking to be proactive with their company's cyber security is File Integrity Monitoring(FIM), Unified Threat Management(UTM), and Security Information and Event Management(SIEM).
  • anonymous on 16 Jul 18
     
    This article explores the different tactics hotels should use after a cyber attack. The article mentions several different type of attacks such as Phishing when hackers trick customers into giving up their login credentials. Ransomware, when hackers encrypt data making it unusable and inaccessible for the hotel. Not one solution but rather companies should be equipped with a series of technologies from firewalls to file monitoring programs. Some of these technologies, like SIEM requires an intelligent IT team to have the capabilities of analyzing and monitoring the reports produced. This may be more difficult for smaller businesses to implement and maintain.
ovila009

5 biggest cybersecurity threats | 2021-02-03 | Security Magazine - 0 views

www.securitymagazine.com/...-biggest-cybersecurity-threats

shared by ovila009 on 01 Mar 21 - No Cached
  • Since the beginning of the pandemic, the FBI has seen a fourfold increase in cybersecurity complaints, whereas the global losses from cybercrime exceeded $1 trillion in 2020. 
  • In 2020, almost a third of the breaches incorporated social engineering techniques, of which 90% were phishing.
  • Ransomware is a data-encrypting program that demands payment to release the infected data. The overall sum of ransom demands will have reached $1.4 billion in 2020, with an average sum to rectify the damage reaching up to $1.45 million.
  • ...5 more annotations...
  • here were 4.83 million DDoS attacks attempted in the first half of 2020 alone and each hour of service disruption may have cost businesses as much as $100k on average.
  • Third party software. The top 30 ecommerce retailers in the US are connected to 1,131 third-party resources each and 23% of those assets have at least one critical vulnerability.
  • umber of the attempted breaches grew by 250% compared to 2019.
  • The global market for cloud computing is estimated to grow 17% this year, totaling $227.8 billion.
  • To strengthen the cloud computing defenses in the future, stakeholders should pay attention to proper cloud storage configuration,
  • ovila009 on 01 Mar 21
     
    This article breaks down the 5 largest threats we face in terms of cybersecurity. Since the pandemic started, cybersecurity complaints have increased fourfold. These losses are piling up dramatically, necessitating an increased level of vigilance and preparedness.
ealmi001

2020 Cybersecurity Trends to Watch | Cytelligence - 0 views

cytelligence.com/cybersecurity-in-2020

technology software Tech solution

shared by ealmi001 on 19 Jul 20 - No Cached
  • ealmi001 on 19 Jul 20
     
    According to 2020 Cybersecurity Trends to Watch, organizations that are attacked by ransomware are frequently impacted to a degree where operations may completely come to halt. Cytelligence has handled a significant number of cases where recovering from a ransomware attack is a very long process and getting data back and systems operational is only one step in the process. In addition, the increase in scammers presents a problem as there are several organizations making promises that cannot technically be true, but during the time of crisis, some of the structured decision-making processes are thrown out the window.These same decision-making processes are not structured to remove emotional decisions which are very prevalent during a ransomware event and may result in a decision that is not business focused and support sound economic outcomes. For example, if a company is suffering $100,000 in losses for every hour of being unable to operate, then a ransom demand of $200,000 which is equivalent to 2 hours of an outage should be considered in terms of costs and possible future business impact.
anaferia

The biggest cyber attacks of 2022 | BCS - 0 views

www.bcs.org/...-biggest-cyber-attacks-of-2022

shared by anaferia on 04 Oct 22 - No Cached
  • In a year of global inflation and massive rises in energy costs, it should come as no surprise that the cost of a data breach has also reached an all-time high.
  • average total cost of $4.5m
  • Amongst the 550 companies that IBM contacted that had experienced a data breach, a disappointing 83% had experienced more than one in the same period
  • ...9 more annotations...
  • common attack vector remains credential theft (19%) then phishing (16%), misconfigured cloud (15%) and vulnerabilities in third-party software (13%).
  • Russia has, for many years, attacked Ukrainian infrastructure such as power grids, internet infrastructure and banks. Since the outbreak of physical hostilities, this has extended to systems related to government administration and the military.
  • The Russia-linked cyber gang known as Conti managed to cause major disruption to financial operations throughout Costa Rica in April.
  • Ransomware, while not the overwhelming headline grabber it was a year ago, is still a major and terrifying threat to many companies
  • A group known as Lapsus$ began 2022 with a string of high profile targets including Nvidia, Ubisoft, Samsung and Microsoft. In each case, data was stolen and in many cases leaked online. Their operating model is extortion where access is most often gained through phishing and then they seek out the most sensitive data they can find and steal it. Often, they do not deploy encrypting software at all.
  • Hacking back is where offensive security experts will attempt to compromise attacker’s machines. This can be legally murky as often the attacking machines are compromised third parties.
  • June this year, a former Amazon employee, Paige Thompson, was convicted for her role in the 2019 Capital One breach. While working for Amazon Web Services (AWS), she exploited her knowledge of cloud server vulnerabilities and stole personal information of over 100 million people.
  • cripple Costa Rica’s import/export business.
  • The main attack vectors continue to be credential theft and phishing emails so it is vital to continue to raise awareness through corporate training and public ad campaigns. Finally, the conflict in Ukraine is showing how effective cyber weapons can be in disrupting command and control in a war.
  • anaferia on 04 Oct 22
     
    To summarize, this article states that, it should not come as a surprise that the cost of a data breach has also increased to an all-time high in a year marked by significant increases in energy prices and worldwide inflation. According to IBM's Cost of Data Breaches Report 2022, the average overall cost is $4.5 million. Additionally, even if ransomware isn't garnering as much attention as it did a year ago, it still poses a serious danger to many businesses. Credential theft and phishing emails are still the major threat vectors, therefore it's critical to keep spreading awareness through public awareness campaigns and business training. Finally, the situation in Ukraine is demonstrating the potency of cyber weapons in sabotaging command and control in a fight.
msoma003

HNN - 4 cyber security threats looming over hotels - 0 views

www.hotelnewsnow.com/...ty-threats-looming-over-hotels

shared by msoma003 on 24 Mar 18 - No Cached
  • The world of cyber security is seemingly in a state of constant flux, making the sources of possible threats hard to nail down for hoteliers.
  • The world of cyber security is seemingly in a state of constant flux, making the sources of possible threats hard to nail down for hoteliers.
    • msoma003
      msoma003 on 24 Mar 18
       
      Always changing
  • The velocity of change of threat landscape is very challenging for organizations.
  • ...11 more annotations...
  • But the practice is growing more and more sophisticated, panelists said, and phishing attacks are increasingly targeting high-ranking executives, including those in the hotel industry.
  • without checking with multiple sources and having face-to-face conversations.
  • In such phishing emails, the scammers will order subordinates to authorize large wire transactions under the guise of the transfer being for some sort of acquisition or other major transaction.
    • msoma003
      msoma003 on 24 Mar 18
       
      An employee will follow the orders from their boss
  • projects (they’ll do), along with the methods and styles of communication
    • msoma003
      msoma003 on 24 Mar 18
       
      They study the target, this takes time and sophistication
  • take over the email accounts
  • Ransomware is the practice of finding some vulnerability in a company’s systems to abduct their information or the functions of those systems and then keep it hostage until someone gets a payoff.
    • msoma003
      msoma003 on 24 Mar 18
       
      This is new but it can cost the firm a lot of money
  • breach of your point-of-sale systems and loss of customer payment card information.
    • msoma003
      msoma003 on 24 Mar 18
       
      Most common and what most consumers are scared of
  • extent of your insurance coverage in the case of such an attack
    • msoma003
      msoma003 on 24 Mar 18
       
      Many managers do not look at this
  • Braun called point-of-sale attacks the single biggest cyber security threat to the hotel industry.
  • denial of service, or DDoS attacks
  • hijacked and then used to send little pulses to bring down systems.”
    • msoma003
      msoma003 on 24 Mar 18
       
      A firm can be attacked by all sources
  • msoma003 on 24 Mar 18
     
    This article discussed some of the biggest cyber security threats to the hotel industry. One of the biggest threats is that of the POS system, this is not new but we should still watch over it. Another threat that is old is a phishing scam the scams are getting more sophisticated now, hackers get into the email accounts of executives and order large transactions to be made. Internal protocols cannot wipe of the hack but can minimize the risk of employees falling for the fake emails. Ransomware and DDos are also hacks though not as common they still carry big risks.
alo328

The biggest hacks, data breaches of 2020 | ZDNet - 4 views

www.zdnet.com/...st-hacks-data-breaches-of-2020

shared by alo328 on 03 Mar 21 - No Cached
  • Data breaches, network infiltrations, bulk data theft and sale, identity theft, and ransomware outbreaks have all occurred over 2020 and the underground market shows no signs of stopping.
  • Many companies and organizations, too, have yet to practice reasonable security hygiene, and vulnerabilities pose a constant threat to corporate networks. As a result, we've seen a variety of cyberattacks this year, the worst of which we have documented below
  • alo328 on 03 Mar 21
     
    This article lists and describes cyber threats that have occurred on companies in 2020. It is very important to note that big companies have been impacted by security breaches. In the article it stated that since work has changed to a "work from home" approach, there has been a raise in cyberattacks and security breaches.
balle028

Feds recover millions from pipeline ransom hackers, hint at U.S. internet tactic - 0 views

www.nbcnews.com/...cause-hackers-mistake-n1269889

shared by balle028 on 27 Jun 21 - No Cached
  • The FBI was able to seize control of DarkSide's proceeds by gaining access to a central account holding about 63.7 bitcoins, worth around $2.3 million, Deputy Director Paul Abbate said. A court document said that the seizure took place in Northern California, putting it within reach of U.S. law, and that the FBI was able to access the "private key," or password, for one of the gang's bitcoin wallets. It was unclear how the key was compromised.
  • Elvis Chan, an assistant special agent in charge at the FBI's San Francisco office, said in a news call Monday that the funds were specifically seized from hacker subcontractors who had used the DarkSide ransomware to hack Colonial.He declined to give specifics of how the FBI was able to gain access to the wallet, but he said it did not rely on waiting for criminals to use U.S. cryptocurrency services. It did, however, rely on the fact that so much internet infrastructure is based in the U.S., where the FBI can get warrants.
  • Ransomware gangs have been responsible for more than 1,000 hacks worldwide this year, mostly in the U.S., according to figures prepared for NBC News by Allan Liska, an analyst at the cybersecurity company Recorded Future.
  • balle028 on 27 Jun 21
     
    This Article deals with the hacking of Darkside the hacker group who extorted over 4 million dollars paid in bit coin, this article goes into ho w the FBI was able to get the monies paid back to the company.
cjdearmas

How hotel chains are tackling the cybersecurity challenge - 1 views

techhq.com/...ng-the-cybersecurity-challenge

Technology hospitality hotel software

shared by cjdearmas on 14 Mar 20 - No Cached
  • With customers getting increasingly tech-savvy and looking for better deals, smarter platforms, and intelligent options when traveling, the hospitality industry is struggling to protect margins.
  • As a result, the industry is undergoing a period of consolidation.
  • This is exactly how Marriott International became the world’s largest hotel chain — it acquired Starwood Hotels & Resorts Worldwide for US$13.6 billion.
  • ...8 more annotations...
  • However, at the time, due diligence failed to discover that Starwood had fallen victim to a data breach prior to the deal which exposed customer data of 500 million guests and subjected the hotel to penalties from regulatory authorities.
  • For those in the hospitality industry, looking to acquire properties or not, cybersecurity should be something to pay attention to — after all, the risks of not defending against cyberattacks could be catastrophic with regulators tightening the noose on those that fail.
  • Given Marriott’s size and cash reserves, it was able to weather the hit it took in the stock market, compensate (loyal) customers, and cough up the fines levied on it. Others might not.
  • “The hotel industry is at risk of attacks, such as malware and ransomware, where criminals try to either steal data or exploit organizations for a pay-off. The majority of these threats come through over email, often in malicious links.
  • The incident, of course, hasn’t dampened spirits at Marriott.
    • tcale003
      tcale003 on 19 Jun 20
       
      When Mariott bought other smaller hotels and added them to their inventory, they were not careful about their cyber-security and there was a data breach. The hotel industry is at risk of being attacked by things such as malware and ransomeware. Hotels need to pay attention to Cyber-security or risk having criminals steal valuable information.
  • Hotels house banks of sensitive
  • Hotels house banks of sensitive
  • rfahi001 on 14 Mar 20
     
    email security is a good defense against cyberthreats in the hospitality space because it not only helps fend off attacks but also sensitizes staff to risks in cyberspace and provides them with basic awareness and education.
  • anonymous on 18 Mar 20
     
    Mariott learned the hard way about the importance of cyber security! By inquiring a hotel for their boutique hotel line, it wasn't until after the fact that they realized that the hotel had been hit by a huge data breach in their system. Luckily, Marriott has the resources and reputation to deal with the issue. But a lot of these smaller hotels do not, so the damage to them could be catastrophic.
  • cjdearmas on 20 Jul 20
     
    "The hotel industry is at risk of attacks, such as malware and ransomware, where criminals try to either steal data or exploit organizations" Majority of threats come through over email, often in malicious links. deploying email security is a good defense against cyberthreats in the hospitality space because it helps fend off attacks.
mrodr1442

CARNIVAL IS LATEST TRAVEL BRAND HIT WITH RANSOMWARE ATTACK - 0 views

http://sco.lt/5LcodM As discussed within Hospitality and Tourism Technology Innovations this week, It is crucial to have better protection for businesses. In this article, it shows how a couple wee...

http:__sco.lt_5LcodM

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