OUR LATEST CYBERSECURITY NEWS
Catch up on what is happening in the cybersecurity world

Windows warnings issued

By MyCena | Posted on : 20 December 2021

MyCena

Microsoft has been the architect of its own issues over the last month, with two security patches causing more problems than they fixed. In one patch, users were able to bypass a previously closed flaw to elevate their access privileges. The flaw was discovered by a security researcher in late November. It applies to both Windows 10 and Windows 11 users, and Microsoft are aware of the ongoing issue, with an update in the pipeline to fix the weakness. By releasing the patch, Microsoft actually made Windows more open to attack – hopefully the next one will be more successful.

Lloyds of London reduces cover

By MyCena | Posted on : 20 December 2021

MyCena

One of the world’s premier insurance companies, Lloyds of London, has announced that it will no longer pay out on damages from nation-state cyberattacks. Lloyds’ cyber insurance products used to cover most damages occurring from cyberattacks. In the announcement, Lloyds said that damages coming from “cyber war between two nations” would not be covered, although this left plenty open to interpretation. The decision comes after Lloyds had already increased cyber insurance premiums due to the ongoing ransomware wave, and is a signal that they may be expecting more in the future.

Australia latest target of infrastructure ransomware

By MyCena | Posted on : 20 December 2021

MyCena

CS Energy, one of Australia’s largest energy producers, was the subject of a ransomware attack in late November. The exact target of the attack was its corporate networks, confirmed CEO Andrew Bills. Fortunately, CS Energy staff reacted quickly enough to prevent widespread damage – segregating affected networks to stop the spread of the attack further down the line. It also confirmed that energy production was not affected, and that it would be able to continue to supply customers as normal. This attack is the latest in a string of incidents targeting critical national infrastructure.

US water suppliers on red alert

By MyCena | Posted on : 20 December 2021

MyCena

Companies that supply water across the USA are on red alert for a potential cyberattack. According to Jeh Charles Johnson, former US Secretary of Homeland Security, all companies should make preventing attacks their first priority – especially those that supply vital goods. Johnson cited the example of the Colonial Pipeline attack in May 2021. The hack caused widespread panic and confusion, and left millions on the east coast of the USA without fuel. Johnson warned that such far-reaching consequences make an exciting target for hackers, who may look to encourage ransom payments by causing as much damage as possible.

Hackers to target global supply chain?

By MyCena | Posted on : 20 December 2021

MyCena

US Coast Guard Rear Admiral John Mauger has warned that cyber warfare is the biggest threat to maritime transport. According to Mauger, the world is struggling to keep up with demand for goods. While this includes scarcity of goods, it also includes the speed at which goods can be moved. Ports are understaffed and overcrowded, with ships waiting to be allowed to dock. Mauger says that a cyberattack on this already strained system could mean huge problems for almost every industry. Large shipping providers, such as Maersk, have already been the target of ransomware, and Mauger believes it is a matter of time before attackers try again.