Cybersecurity News & Trends – 03-05-21

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This week, Gab got breached, Ryuk got stronger, and AOL users got phished.


SonicWall in the News

2021 Cyber Security Global Excellence Awards Winners — Globee Business Awards

  • SonicWall swept the Globee Business Awards, bringing home the Grand Trophy, along with nine other gold, silver and bronze honors.

Ransomware Has Changed In A Very Dramatic Way In The Past Two Years: SonicWall CEO — ET Tech

  • Bill Conner discusses the rise of nation states as primary threat actors and how that changes the conversation around country of origin marketing of cybersecurity products.

SonicWall CEO Bill Conner on His Journey in the Digital and Cybersecurity Space — YourStory

  • Bill Conner details his three-decade journey in the tech and enterprise sector and his role in helping governments, municipalities and others with the security of the COVID-19 vaccine distribution process.

Industry News

Gab’s CTO Introduced a Critical Vulnerability to the Site — Wired

  • A review of the open-source code shows an account under the executive’s name made a mistake that could lead to the kind of breach reported this weekend.

Why Global Power Grids Are Still So Vulnerable to Cyber Attacks — Bloomberg

  • More than five years after massive cyberattacks left a quarter of a million Ukrainians without electricity, the world’s power grids have become even more vulnerable to hackers.

Wray hints at federal response to SolarWinds hack — The Hill

FBI Director Christopher Wray hinted at the planned federal response to what has become known as the SolarWinds attack, stressing that confronting foreign attacks in cyberspace would be a “long, hard slog.”

China’s new cyber tactic: targeting critical infrastructure — SC Magazine

  • A newly discovered threat group breached India’s power infrastructure, marking the first time a Chinese government-linked cyber actor has emerged as a significant threat against another nation’s critical infrastructure.

Bitcoin at ‘tipping point,’ Citi says as price surges — Reuters

  • Bitcoin rose nearly 7%, with Citi saying the most popular cryptocurrency was at a “tipping point” and could become the preferred currency for international trade.

Government watchdog finds federal cybersecurity has ‘regressed’ in recent years — The Hill

  • Federal cybersecurity has “regressed” since 2019 due to factors including the lack of centralized cyber leadership at the White House, the Government Accountability Office (GAO) said in a report released Tuesday.

Far-Right Platform Gab Has Been Hacked—Including Private Data — Wired

  • The transparency group DDoSecrets says it will make the 70 GB of passwords, private posts and more available to researchers, journalists and social scientists.

Google: Bad bots are on the attack, and your defence plan is probably wrong — ZDNet

  • Bot attacks are on the rise as businesses move online due to the pandemic.

Beware: AOL phishing email states your account will be closed — Bleeping Computer

  • An AOL mail phishing campaign is underway to steal users’ login name and password by warning recipients that their account is about to be closed.

Ryuk ransomware now self-spreads to other Windows LAN devices — Bleeping Computer

  • A new Ryuk ransomware variant with worm-like capabilities allowing it to spread to other devices on victims’ local networks has been discovered.

SolarWinds Hack Pits Microsoft Against Dell, IBM Over How Companies Store Data — The New York Times

  • Microsoft argues the cloud offers more protection; rivals point to firms’ need to hold and access their information on-premises.

Bitcoin set for worst week since March as riskier assets sold off — Reuters

  • Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.

In Case You Missed It

Amber Wolff
Senior Digital Copywriter | SonicWall
Amber Wolff is the Senior Digital Copywriter for SonicWall. Prior to joining the SonicWall team, Amber was a cybersecurity blogger and content creator, covering a wide variety of products and topics surrounding enterprise security. She spent the earlier part of her career in advertising, where she wrote and edited for a number of national clients.