Plus: Spanish police arrest two hackers who breached radioactivity monitoring
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The U.S. government has reached a new cybersecurity deal with Ukraine. This agreement is meant to increase cooperation between the two countries regarding cyber incident reporting. More: - The agreement was signed between the U.S. Cybersecurity and Infrastructure Security Agency and the Ukrainian State Service of Special Communications and Information Protection of Ukraine.
- Besides cyber incident reporting, the agreement also includes real-time cooperation on technical information regarding cyberinfrastructure.
- Since the beginning of the war in Ukraine, CISA has consistently been warning about the danger that Russia poses through its state-backed hacker groups.
- Ukraine has been on the receiving end of hundreds of Russian cyberattacks since Feb. 2022.
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A hacker group known as Hive is demanding a $600,000 ransom from a school in England. Hive ransomware group claims it has home addresses, bank details, medical records, and students’ psychological reviews. More: - Hive ransomware is believed to have breached Wooton Upper School and Kimberley college.
- Hackers are demanding $600,000 from Wooton because they believe that the school has cyber insurance that covers damages up to that amount.
- Wooton has stated that it is cooperating with the local police forces and that it is working on recovering some data from backup files.
- Hive ransomware has threatened to leak all of the files if its demands are not met.
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Microsoft SQL servers have been hacked by threat actors. Hackers are breaching devices to turn them into proxies for renting out their bandwidth, while more often than not, the breach includes SQL servers that are hacked in the process. More: - Hackers are breaching victims with the goal of sharing their bandwidth without their permission with companies who pay for bandwidth.
- Estimates claim that hackers can make up to $6,000 per month through this method.
- Threat actors use the devices as proxies for Peer2Profit and IPRoyal, two of the highest paying websites for shared bandwidth.
- Researchers believe that this attack has been ongoing since at least June 2022, while some of the most well-known cases include hackers using victims' devices to mine cryptocurrencies.
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Spanish police have arrested the hackers who breached the country's radioactivity monitoring systems. Law authorities arrested two individuals involved in the case. More: - Officially named the Radioactivity Alert Network, the institution is responsible for monitoring gamma radiation levels.
- The incident happened in early 2021 when two contractors responsible for looking after the network disabled a third of the sensors.
- Soon after this event, a hacker group attacked 300 of the network's sensors. Authorities believe that the threat actors had insider information that made the cyberattack easier to carry out. They confirmed that the two individuals were involved in the breach.
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Ransomware statistics from Q2 2022 show that hacker victims are paying less ransom than before. The average payment amount, however, has risen from previous years. More: - In Q2 2022, the average ransom payment was $228,125, an 8% increase from Q1 2022, while the median ransom payment was $36,360, a 51% drop compared to Q1.
- The median is the number at which half the entries on the list are lower and half are higher. It is often used because the average (mean) can be skewed by one very high number.
- BlackCat was the most active ransomware group with 16.9% of the published attacks, followed by LockBit, which had 13.1% of the total published cyberattacks.
- 86% of the reported case from this year were double extortion cases, meaning that hackers threatened to leak the stolen files before encrypting them.
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- Naoris, a startup that aims to build a decentralized security protocol, has raised $11.5M from Draper Associates, Holt Xchange, etc.
- According to a new report, hackers are moving away from macro-based attacks. Macro-based attacks are hacks written in the same coding language as the apps that victims use in their daily work or private life.
- European police authorities have just now published reports regarding the arrest of over 100 people who are suspected of participating in cyber crimes. The arrests happened in late 2021.
- U.S. Senators have introduced a bill that would help the U.S. strengthen its cryptographic systems from attacks that would come from hostile quantum computer technology.
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| | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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