cyberattacks

The U.S. Federal Reserve is bracing for potential Iranian cyberattacks following recent military actions, with Chair Jerome Powell confirming the central bank’s vigilance. What Happened: The Fed is on high alert for potential retaliatory cyberattacks from Iran, Powell revealed...

The infamous hacking group, DonRoad Team, has reportedly disclosed its intentions to execute a series of cyberattacks on websites linked to Elon Musk throughout April. What Happened: DonRoad Team, previously known for their cyberattacks on websites related to Donald Trump such as that of...

Cyberattacks have targeted car dealerships, causing widespread outages in the latest test of cybersecurity’s might. What Happened: Approximately 15,000 car dealerships throughout the U.S. that use CDK Global, a private software company, had their services disrupted following cyberattacks on...

The House Committee on Homeland Security has requested Microsoft Corp (NASDAQ:MSFT) President Brad Smith to appear for a hearing on cybersecurity concerns. What Happened: The committee is seeking Smith’s testimony regarding recent security breaches that compromised U.S. government officials...

Microsoft Corp. (NASDAQ:MSFT) is undergoing a comprehensive overhaul of its security practices in response to a series of high-profile attacks. CEO Satya Nadella has emphasized that security is now the company’s “top priority,” acknowledging past shortcomings highlighted by the...

Australia and New Zealand have accused China of orchestrating cyberattacks on their democratic institutions. The accusations come in the wake of similar claims by the U.S. and U.K. against Chinese state actors. What Happened: New Zealand’s Foreign Minister Winston Peters on Tuesday condemned...

A new report by a cyber-intelligence company challenges the perception of North Korean hackers solely engaged in financially motivated cybercrimes and cryptocurrency heists. Instead, the report reveals that their primary focus lies in cyber-espionage and information collection. What Happened: The...

Crypto trading platform Hotbit announced it will cease operations starting May 22, urging its users to withdraw their funds before June 21, 4 a.m. UTC. Hotbit shared in a public statement that its business environment worsened following an investigation into a former team member back in August...

With $1.59 billion in stolen crypto funds, North Korea heads the world as being the top location for cyberattacks and stealing of funds in crypto. What Happened: A recent report by Coincub revealed that North Korea has experienced 15 large-scale cybercrime incidents involving crypto,...

The U.S government issued fresh warnings last week of a potential cyberattack by Russia in response to the harsh economic sanctions imposed on the country due to its invasion of Ukraine. The warnings were delivered after Russian hackers attempted to disable the power grid that serves over...

On Thursday, technology giant Microsoft Corporation (NASDAQ: MSFT) said it had disrupted cyberattacks from Russian military spies targeting Ukrainian media. The spies were purportedly attempting to break into Ukrainian, European and American entities. In a blog post — Microsoft's...

They openly admit to hacking companies' IT systems, stealing their sensitive data, and leaking it and putting it up for sale if they aren't paid. But there are some red lines that the operators of the Marketo stolen-data marketplace say they won't cross. They claim they don't do ransomware — that...

Data apparently stolen from Navistar International Corp. has been leaked onto the dark web, exposing detailed financial information less than a month after the heavy truck and military vehicle manufacturer disclosed a cyberattack.  The data appeared on Wednesday on Marketo, which bills itself as a...

For most of 2020, the pandemic-shaped year, COVID-19 wreaked havoc on the food and restaurant industry. Analysts hoped rising consumer demand for alternative foods would offset the strangled foodservice channel but industry players had a difficult time to adapt to a new era and Beyond Meat (NASDAQ...