Former contractor accused of remotely accessing town’s water treatment facility

A federal grand jury has indicted a former employee of a contractor operating a California town’s wastewater treatment facility, alleging that he remotely turned off critical systems and could have endangered public health and safety.

Read more in m… Continue reading Former contractor accused of remotely accessing town’s water treatment facility

Careless IT security worker exploited ransomware attack against his employer, but failed to cover his tracks

Bad enough for your company to be held to ransom after a cyber attack.

Worse still to then have one of your own employees exploit the attack in an attempt to steal the ransom for themselves.

Read more in my article on the Tripwire State of Securi… Continue reading Careless IT security worker exploited ransomware attack against his employer, but failed to cover his tracks

Triple Threat: Insecure Economy, Cybercrime Recruitment and Insider Threats

A wave of layoffs, coupled with increased recruitment efforts by cybercriminals, could create the perfect conditions for insider threats to flourish
The post Triple Threat: Insecure Economy, Cybercrime Recruitment and Insider Threats appeared first on … Continue reading Triple Threat: Insecure Economy, Cybercrime Recruitment and Insider Threats

Six years prison for ex-Ubiquiti staffer who stole data and attempted to extort millions of dollars

es, you should be worried about the threat posed by external hackers. But also consider the internal threat posed by insiders and rogue employees – the people you have entrusted to act responsibly with the data of your company and your customers.

R… Continue reading Six years prison for ex-Ubiquiti staffer who stole data and attempted to extort millions of dollars

Organizations brace for cyber attacks despite improved preparedness

Cyber-risk levels have improved from “elevated” to “moderate” for the first time, but insiders represent a persistent threat for global organizations, according to Trend Micro. Jon Clay, VP of threat intelligence at Trend Micro:… Continue reading Organizations brace for cyber attacks despite improved preparedness

The costly threat that many businesses fail to address

Insider attacks such as fraud, sabotage, and data theft plague 71% of U.S. businesses, according to Capterra. These schemes can cost companies hundreds of thousands of dollars and the vast majority of businesses (79%) say they take longer to uncover th… Continue reading The costly threat that many businesses fail to address

How companies are struggling to build and run effective cybersecurity programs

A recent Code42 report reveals a rapidly growing number of inside risk incidents and a concerning lack of training and technology, further exacerbated by increasing workforce turnover and cloud adoption. In this Help Net Security video, Joe Payne, Pres… Continue reading How companies are struggling to build and run effective cybersecurity programs

Ex-Ubiquiti worker pleads guilty to data theft, extortion, and smear plot

A former software engineer at Ubiquiti Networks has pleaded guilty to stealing gigabytes of data from the firm, attempting to extort millions of dollars, and damaging the company’s reputation in the media.

Read more in my article on the Hot for Secu… Continue reading Ex-Ubiquiti worker pleads guilty to data theft, extortion, and smear plot