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#school | #ransomware | Michigan District school faces a ransomware attack; hackers demand $10,000 in BTC.

Source: National Cyber Security – Produced By Gregory Evans

According to a local news report, the Richard Community school in Michigan was hacked over the winter holidays, and the hacker encrypted the school’s sever using ransomware attack. The hackers have demanded $10,000 in bitcoin to restore the server. The School’s IT department revealed that the hack had occurred on December 27.

 

School refuses to pay ransom to hackers.

The Michigan district school’s IT department immediately shut down the server after discovering the hack and made sure the back serves had not been compromised. The school informed the Michigan police and are trying to track down the hacker. The hack had affected the school district’s telephones, copiers, classroom technology, and even the heating system, but no student’s or staff’s personal information was compromised, according to the school. The server is expected to be back up and running before school resumes next week.

 

Increase in ransomware attacks around the world.

The ransomware attack on the Michigan district school was not an isolated incident. There have been several ransomware attack reports from around the world. The most common targets for these hackers are schools, hospitals, and local businesses. Last year three schools alone in New York faced the similar attacks. In November 2019, the Mexican state-owned petroleum company Pemex also suffered a ransomware attack where hackers had demanded $5 million in BTC to decrypt the server.

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#cybersecurity | More women needed in cyber security to meet high industry demand: Sim Ann, Singapore News & Top Stories

Source: National Cyber Security – Produced By Gregory Evans

SINGAPORE – The Republic needs more women to take up positions in cyber security, a sector that is facing a shortfall of talent.

On Thursday (Oct 3), Senior Minister of State for Communications and Information Sim Ann said more women can be encouraged to join the cyber-security industry and thrive in it.

“Given the high demand for cyber security talent, it would be a pity to draw from only half the population,” she said, noting that estimates of the proportion of women in cyber security globally range from as low as 10 per cent to about 25 per cent.

“Effective strategies to tackle cyber security… must integrate the perspectives of all people – both men and women – so that the technologies deployed and the process implemented are practical and inclusive.”

In her opening address to audience members at the Women in Cyber event during the Singapore International Cyber Week (SICW), Ms Sim outlined three ways to get more women to join the cyber-security industry and thrive in it.

First, by engaging young people to raise awareness of the opportunities in cyber security. She said this is important as people often make career choices early in life.

One such initiative is the Singapore Cyber Youth Programme, which reaches out to secondary school-level students for boot camps and career mentoring sessions.

The other two ways are for women to constantly update and deepen their skills to take advantage of emerging trends in a fast-paced sector, and to have a strong community network, she added.

“Women support networks shed light on women role models who can inspire young aspiring professionals. They also serve as a comfortable launch pad for women to plug into broader industry and community networks,” Ms Sim said.

Ms Sim’s call for more women to join the industry follows a warning by the Cyber Security Agency of Singapore (CSA) in July that the industry potentially faces a shortage of up to 3,400 professionals by 2020.

Ms Alina Tan, 26, was among the many female cyber-security professionals in the audience for the Women in Cyber event.

Combining her twin interests in cyber security and car modifications led Ms Tan to specialise in automotive cyber security.

She started working in the Land Transport Authority’s Cyber Division last month, after spending about two years in cyber-security consulting.

“What I enjoy most about working in cyber security is that I’m always learning something new,” said Ms Tan, who in her free time organises weekly meet-ups for like-minded individuals in the local community to conduct their own research in car cyber security.

“I get a sense of satisfaction from discovering vulnerabilities in a system and then finding ways to secure it. You never know what you’re going to find in there and that’s very interesting for me.”

Held at Suntec City and Convention Centre from Oct 1 to Oct 3, SICW 2019 is the fourth edition of the annual event organised by CSA.

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HACKERS #HIT NORTH #CAROLINA COUNTY #GOVERNMENT AND #DEMAND TWO #BITCOIN #RANSOM

Source: National Cyber Security – Produced By Gregory Evans

he county government of Mecklenburg, North Carolina, has been hacked, leaving their server files being held for a ransom of 2 bitcoins.


One of the growing problems for businesses and governments today is having their electronic files hacked and held for ransom. Last month, computer hackers targeted the Sacramento Regional Transit system, resulting in 30 million files being deleted. The ransom price demanded by the hackers for that attack was a single bitcoin. Now that ransom price is being doubled as hackers have hit the Mecklenburg, North Carolina county government and are demanding 2 bitcoins.

DON’T OPEN THAT ATTACHMENT!

County Manager Dena Diorio said that the hackers got into the county’s system when an employee clicked on an email attachment they shouldn’t have. (It’s amazing in this day and age that people still click on strange email attachments.) Once the click took place, spyware and a worm were unleashed into the system, freezing all of the electronic files.

Diorio told county commissioners in a meeting that the files were being held for ransom as the hackers were demanding 2 bitcoins, which is now worth almost $25,000 (at the time of this article’s writing). The deadline for paying the ransom is 1pm EST today.

Dena Diorio told reporters that the county was considering paying the ransom, but she did express some concerns over doing so, stating:

There’s a risk you don’t get the decryption key and don’t get your files back. There’s also the chance if they think you’ll pay, they may try to get you to come back again.

IS IT CHEAPER TO PAY THE RANSOM?

Local governments and businesses do find themselves in a quandary when targeted by hackers. Is it actually cheaper to pay the hackers off to once again have access to critical files? A third-party group could restore said files, but using them could cost more than what the hackers were demanding. Of course, as Diorio mentioned above, paying off a hacker could embolden them to attack you again.

This difficult decision is summed up by Diorio when she said:

We need to determine how much it would cost (to pay) versus fixing it on our own. There are a lot of places that pay because it’s cheaper.

The short deadline is obviously putting pressure on the country commissioners to capitulate to the hackers. As of now, the county is switching to paper records for their employees today.

As for the hacking attack, County Manager Dena Diorio summed it up by saying:

I don’t think we were targeted. I don’t think we were at fault. There have been many, many institutions that have been breached. I think we do everything we can to keep our firewall secure.

The post HACKERS #HIT NORTH #CAROLINA COUNTY #GOVERNMENT AND #DEMAND TWO #BITCOIN #RANSOM appeared first on National Cyber Security Ventures.

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Cyber Crime Fears Drive Up Demand for Anti-Hacker Insurance

To Purchase This Product/Services, Go To The Store Link Above Or Go To http://www.become007.com/store/ Source: National Cyber Security – Produced By Gregory Evans For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the …

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Hackers demand $37K ransom for Pekin Community High School data

Source: National Cyber Security – Produced By Gregory Evans

Hackers demand $37K ransom for Pekin Community High School data

Students at Pekin Community High School are only just getting access to the Internet after malware infected the school network early Sunday morning.

“We all thought it was because it was testing, and we thought that the principal might have turned it off or something, but I guess that’s not the case,’ said sophomore Arika Berrios. “Apparently someone hacked into the whole system!”

Superintendent Danielle Owens confirmed the hack locked everyone out from accessing grades, schedules, lesson plans and other information on the school’s network. The hackers demand $37,000 dollars to release the data.

“I don’t think anything like this has ever happened before here at the school,” said senior Tyler Carlson. “I think we’ve had a pretty secure system.”

Superintendent Owns also confirmed the involvement of local police and the FBI, and that no personal information was at risk.

Though students aren’t particularly worried, this type of malware attack is serious. Dave Jacobs with Facet Technologies says this type of infection can happen to anyone. And most likely, it’s a case of the hackers getting lucky.

Jacobs explained these types of viruses are spread everywhere, trying to find any vulnerability.

“It’s kind of like walking through a neighborhood at night and checking to see if anybody has an unlocked front door,” he said.

Jacobs also mentioned the necessity of keeping your anti-virus and protection software up-to-date, and being careful of what you click on or download.

Superintendent Owens mentioned they have no plans on paying the ransom and are already almost finished restoring backups to all of the locked data.

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Hackers reportedly disable Newark computers and demand $30K ‘ransom’

To Purchase This Product/Services, Go To The Store Link Above Or Go To http://www.become007.com/store/ Source: National Cyber Security – Produced By Gregory Evans Hackers have disabled some City of Newark computers and are now demanding about $30,000 worth of the online currency Bitcoin to render …

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Cybersecurity Investors: This Stock Could Win The Most From Rising Demand

Source: National Cyber Security – Produced By Gregory Evans

In a report published Wednesday, Morgan Stanley analyst Keith Weiss discussed the results of a cyber-security themed survey he conducted with more than 60 Chief Security Officers (CSOs). “Growth in security spending is expected to improve in 2015 versus 2014, with respondents reporting an average 12.8 percent growth in network security spending in 2015 versus 10.7 percent growth in 2014,” Weiss wrote. “This suggests that commercial demand for security is at least stable, if not improving, as supported by generally solid first quarter results for security vendors.” Weiss also highlighted several other key findings from the survey: Firewall refreshes are expected to downtick modestly in 2015 but refreshes remain “relatively robust” as 53 percent of respondents plan to refresh in 2016 and beyond. Spending on “next gen security solutions” is likely to accelerate as advanced malware protection and security analytics ranked at the top of the priority list for CSOs. 79 percent of respondents indicated they have or will purchase Advanced Malware Protection as part of a larger endpoint or network security suite. Spending will continue to consolidate traditional “deterministic” functionalities to free up personnel to focus on “next gen” or “probabilistic” technologies that will provide better security protection. Investment […]

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EU could demand that Web firms decrypt emails: adviser

Illustration file picture shows a man typing on a computer keyboard in Warsaw

Source: National Cyber Security – Produced By Gregory Evans

(Reuters) – The European Union should consider forcing Internet firms to help security services tap into coded emails and calls as part of a new strategy to combat militant attacks, the EU counter-terrorism coordinator says. The controversial proposal appears in a briefing paper from Gilles de Kerchove for EU interior ministers meeting next week which was reviewed by Reuters. The confidential document, drawn up after this month’s Islamist violence in Paris, puts forward a range of areas in which EU states can improve their cooperation. De Kerchove noted that scandal over U.S. spying on global networks had prompted companies to offer more encryption. This can thwart official monitoring, even where police have warrants. Stressing that any measures must respect fundamental rights, he wrote: “The Commission should be invited to explore rules obliging Internet and telecommunications companies operating in the EU to provide … access of the relevant national authorities to communications (ie share encryption keys).” A spokesman for de Kerchove declined to comment on the paper. A proposal by British Prime Minister David Cameron that firms share encryption keys was condemned by civil liberties groups. Some also questioned its technical feasibility. De Kerchove’s suggestion drew criticism from Jan Philipp Albrecht, […]

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Rising cyberspace threat boosts demand for security servicesNational Cyber Security

nationalcybersecurity.com – SINGAPORE: From corporate sabotage where machine settings are changed to disrupt production lines and disgruntled employees stealing confidential information before jumping ship, to international h…

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Rising cyberspace threat boosts demand for security services

Rising cyberspace threat boosts demand for security services

A recent report put the average “advanced persistent threats exposure” in Singapore at 41 per cent, higher than the global average of 36 per cent, and the figure could be even higher, said security software company FireEye. PHOTOS

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