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Hacking

Businesses Seek to Soften SEC Cyber Rules

Companies including Chevron Corp. , Quest Diagnostics Inc. and Ernst & Young LLP are pushing to narrow proposed cybersecurity rules from the Securities and Exchange Commission in the private sector’s latest attempt to shape a growing array of regulations by Washington. In comments on rules proposed by the SEC, businesses in recent days have urged the agency to harmonize its deadline of four business days to disclose security incidents with similar rules from…

Russia Sanctions Complicate Paying Ransomware Hackers

The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated events for companies facing their own external threat: ransomware attacks.The ever-lengthening lists of sanctioned entities pose risks to U.S. companies that want to pay to get their systems back online after an attack, experts said. Ed McNicholas, co-leader of the cybersecurity practice at law firm Ropes & Gray LLP, said ensuring that ransomware payments aren’t going to…

Destructive hacking group REvil could be back from the dead

There was a period in 2021 when the computing world was gripped by fear of a dizzyingly effective hacking group fittingly named REvil — until its website was seized by the FBI and its members arrested by Russia’s security services, that is. Yet like a malevolent curse that just can’t be dispelled, it now seems the group’s websites are back online. Has the group returned to spread discord and wreak havoc once again? In case you missed them the first time around, REvil came to global attention by hacking into various…

India Foils Chinese Hacking Attempt to Disrupt Ladakh’s Power Grid: Minister of Power

Union Minister for Power and New and Renewable Energy R. K. Singh on Thursday said that the attempts made by Chinese hackers to target electricity distribution centres near Ladakh were successfully blocked. As many as two attempts of cyberattack targeting the electricity distribution in the Union Territory were made by the hackers.Reacting to media reports claiming a cyberattack on the power grid near Ladakh between August and March, Singh said, "two attempts by Chinese hackers were made to target electricity distribution…

Microsoft Says it Disrupted Hacking Attempts by Russian Group ‘Strontium’

 Microsoft said on Thursday it had disrupted hacking attempts by Russian military spies aimed at breaking into Ukrainian, European Union, and American targets.In a blog post, the tech firm said a group it nicknamed "Strontium" was using seven Internet domains as part of an effort to spy on government bodies and think tanks in the EU and the United States, as well as Ukrainian institutions such as media organisations.Microsoft did not identify any of the targets by name.Strontium is Microsoft's moniker for a group others…