Here’s the latest installment of the Hacks, Attacks and Breaches cybersecurity news update.
The Logically team provides top cyber security stories every week to keep you up to date on the latest news headlines on cybersecurity, hacking, computer security, ransomware and other cybersecurity threats.
Sinclair Broadcast Group
Exploit: Ransomware
Sinclair Broadcast Group: Television Station Operator
Risk to Small Business: Sinclair Broadcast Group, the operator of 184 tv stations in 86 US markets, experienced a cyberattack last week that knocked broadcasts offline. The disruption was extensive, knocking local news broadcasts and syndicated programs offline. In some markets, NFL Sunday broadcasts were also disrupted. An unspecified amount of data was also stolen from the company’s network.
How it Could Affect Your Business: Locking down networks and production lines to cause operational disruption is the name of the game for many ransomware groups in order to force a speedy ransom payment.
Ferrara Candy Company
Exploit: Ransomware
Ferrara Candy Company: Candy Manufacturer
Risk to Small Business: Boo! Greedy cybercriminals unleashed their tricks on Ferrara Candy Company just one week away from Halloween. The company, maker of Brach’s Candy Corn, Nerds and Trolli gummies among other treats, has been in the confectionary business since 1901. Ferrara said that the attack briefly disrupted production operations. However, they were quick to assure anxious consumers that they didn’t need to worry about missing their Halloween favorites – Halloween orders were shipped to stores in August.
How it Could Affect Your Business: Manufacturers have been increasingly falling into cybercriminals’ sights, especially at peak times in their respective industries.
United States – CoinMarketCap
Exploit: Hacking
CoinMarketCap: Cryptoasset Tracker
Risk to Small Business: Crypto evaluator CoinMarketCap has had a data leak. First reported by Have I Been Pwned, cybercrime researchers have discovered 3.1 million user email addresses from the site available on the dark web. The company initially denied the hack but ultimately owned up to the security blunder.
How it Could Affect Your Business: Attacks on the banking, crypto and fintech sectors have been growing, creating complications for every financial services organization.
