Collaborate Disseminate
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Recent phishing emails claim to offer a COVID-19 grant application from the SBA but are actually looking to capture banking details and other confidential data, says Inky.
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President Joe Biden will huddle Wednesday with industry leaders to issue a “call to action” on cybersecurity and make “concrete announcements” to counter the fundamental causes of cyberattacks, according to a senior administration official. It’s a star-studded afternoon gathering scheduled to include the likes of Apple CEO Tim Cook and JPMorgan Chase CEO Jamie Dimon from the financial, technology, energy, insurance and education sectors, then feature discussions led by top administration officials. The White House has been working to secure commitments from industry in advance of the meeting, mostly in the areas of “technology and talent,” the official said in a background call with reporters on Tuesday. Two points of emphasis, the official said, are building technology that is secure from the outset, and better defending critical infrastructure after the ransomware attack on Colonial Pipeline led to a fuel scare. “We need to bake in security by design into tech,” […]
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With the U.S. Small Business Administration continuing to play a high-profile role in getting cash to companies that are struggling because of the coronavirus pandemic, cybercriminals are stepping up their efforts to steal money from those very firms. Research published Monday by IBM’s incident response team shows that attackers are spoofing the SBA in emails to try to install a remote hacking tool capable of stealing passwords and accessing webcams. They are exploiting attention on a nascent SBA program that offers up to $10 million in lending per business. If an unsuspecting recipient opens the emails found by IBM, a data-stealing remote access trojan (RAT) known as Remcos can take control of the person’s computer. It is another example of how, as U.S. agencies have opened their spigots to provide hundreds of billion of dollars in relief to American businesses during the pandemic, cybercriminals have looked to pounce. The hackers are “exploiting the […]
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As the federal agency overseeing relief to small businesses during the coronavirus pandemic was preparing to ramp up its lending, some of the Small Business Administration’s loan applicants may have had their personally identifiable information exposed to others, an agency spokeswoman tells CyberScoop. “Personal identifiable information of a limited number of Economic Injury Disaster Loan applicants was potentially exposed to other applicants on [Small Business Administration’s] loan application site,” SBA spokeswoman Carol Wilkerson said in a statement Saturday. “We immediately disabled the impacted portion of the website, addressed the issue, and relaunched the application portal,” the statement continued. “SBA continues to process applications submitted via email, paper, and online.” The cause of the data exposure at SBA, and for how long it occurred, was not immediately clear. Wilkerson did not respond to questions on why the PII may have been exposed and what types of data were affected. An industry […]
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The federal agency charged with supporting small U.S. businesses should take “immediate action” to ensure that such firms are adequately protected from cyberthreats emanating from Iran, a bipartisan pair of senators said Wednesday. “We are concerned that small businesses may not have the information and tools necessary” to implement cybersecurity practices recommended by the Department of Homeland Security in the wake of the U.S. killing of Iran’s top general, Sens. Marco Rubio, R-Fla., and Ben Cardin, D-Md., wrote in a letter to the Small Business Administration. The advisory from DHS’s Cybersecurity and Infrastructure Security Agency warned of Iran’s history of “disruptive and destructive cyber operations against strategic targets” and advised U.S. organizations to consider whether they make an attractive target for the Iranians. According to the FBI, those potential private-sector targets include cleared defense contractors. Security experts have also advised organizations not to overreact to potential cyberthreats from Iran. Ned […]
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