Posts Categorized: Cyber attack

U.K. Reveals Its First Major Cyber-Attack Was Against IS

Posted by & filed under Cyber attack.

Britain carried out its first major cyber-attack in 2017, disrupting Islamic State’s communications and propaganda infrastructure for much of the year, one of Britain’s intelligence chiefs has revealed. Jeremy Fleming, the director of GCHQ, which is better known for its communications interception work, said his agency had worked with the Ministry of Defence to make “a significant… Read more »

Deciding when to pay up: How to respond to hackers in ransomware attack

Posted by & filed under bitcoin, Cyber attack, Cybersecurity.

Cambrian College in Sudbury, Ont., has managed to regain control of most of its computer system after hackers infected the network last Thursday with a virus, and demanded electronic money in the form of 30 bitcoins, which is equivalent to approximately $54,000. Although the administration claims it has not given in to the ransom demands… Read more »

Smart TV hack embeds attack code into broadcast signal—no access required

Posted by & filed under Cyber attack, Cybersecurity, Ethical Issues.

A new attack that uses terrestrial radio signals to hack a wide range of Smart TVs raises an unsettling prospect—the ability of hackers to take complete control of a large number of sets at once without having physical access to any of them. The proof-of-concept exploit uses a low-cost transmitter to embed malicious commands into… Read more »

Canadian energy firms at risk from cyber, bomb attacks: CSIS

Posted by & filed under Cyber attack, Cybersecurity.

Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities and power transmission towers using homemade explosives, according to a classified document obtained by Reuters.  The Canadian Security Intelligence Service warning last May highlights an additional risk for the energy… Read more »

‘Invulnerability illusion’ leaves younger people exposed to web frauds

Posted by & filed under Cyber attack, Cybersecurity, Ethical Issues, ethics.

If you’re a younger person who thinks older people are more likely to get scammed online than you are, your dodgy prince awaits.  A recent Better Business Bureau study found 69 per cent of online scam victims are under 45 — and millennials are more likely to get conned than baby boomers.  “Despite the perception that… Read more »

Alibaba’s Taobao shopping platform targeted in cyberattack

Posted by & filed under app, China, Cyber attack, e-payment, Ecommerce, Entrepreneurship, money, online business.

Description: Cybercriminals using stolen data have targeted millions of user accounts on Alibaba’s popular Taobao shopping platform. Source: CNN Money Date: February 5, 2016 Questions for discussion: 1. Do you use any online seller-to-consumer services? 2. What are the advantages and disadvantages of such a business model?