SamSam ransomware infects Colorado Department of Transportation

SamSam ransomware is back and the Colorado Department of Transportation is its most recent victim. More than 2,000 agency computers had to be shut down on Feb 21 to prevent the ransomware from spreading across the entire infrastructure. According to CBS local news, the critical systems used to manage road traffic and alerts were not
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Over 50% of young Brits reuse password for multiple online accounts

Hackers targeting young Britons might find it easier than they think. According to the most recent UK government Cyber Awareness Campaign, over half of British citizens between 18 and 25 reuse a password for multiple accounts, including social media and online shopping networks. Some respondents used the same password for 21 online accounts, the survey
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Employee training a security priority for financial CISOs in 2018, study says

In the past two years, cyberattacks on the financial sector have picked up speed. As companies in the sector struggle with the major shift toward digital transformation, some are caught off guard by the significant rise of malware designed specifically to target their sector, such as Dyre Trojan, Dridex, hybrid banking Trojan GozNym and TrickBot. Once the network is infiltrated, hackers can easily steal, read, alter and even erase top secret information.
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Winter Olympics ceremony allegedly hacked by Russia; no comment from IOC

Hackers attacked the opening ceremony of the Pyeongchang Winter Olympics in South Korea, organizers confirmed. The attacks were allegedly carried out by Russia following a doping ban, but the organizers made no comments, writes the Guardian. Soon after the event started on Friday, the official website went offline for 12 hours, and the stadium’s Wi-Fi
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Hackers made $5,000 a night off crypto users by impersonating Elon Musk and Bill Gates

While “Nigerian princes” abound on the internet in some of the oldest known scams, there has been only one Bill Gates and one Elon Musk. Until now. Hundreds of crypto users looking to make a quick buck were scammed by criminals impersonating the two billionaires and popular cryptocurrency traders like Vitalik Buterin, discovered BleepingComputer. How?
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2018 is the year of GDPR and NIS compliance; enterprises still not ready

The deadline for full compliance with the European data protection law is right around the corner, but businesses still lack awareness and must overcome many security oversights. Surprisingly, as few as 38 percent of companies in the UK have actually heard of GDPR, according to a government survey. If businesses are not prepared by May 25, when the law takes full effect, they could face fines worth up to €20 million.
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India bans cryptocurrencies, but will further explore blockchain

The Indian government doesn’t recognize bitcoin as legal tender and is fully committed to eliminating cryptocurrency payments from its system, Bloomberg writes. Government officials have repeatedly called cryptocurrency payments mere ‘Ponzi schemes’ and sent out thousands of tax notices to cryptocurrency investors. Despite banning the purchase and sale of cryptocurrency, the Indian government wants to
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Patch released to fix Firefox arbitrary code execution vulnerability

Mozilla Firefox released an update to patch its open-source web browser after developer Johann Hofmann detected a critical HTML flaw that could allow hackers to exploit the browser remotely. The vulnerability only affected the desktop version of Firefox, and not iOS, Android and Amazon Fire TV versions. The vulnerability was the result of “insufficient sanitization
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