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.
AGCO
Exploit: Ransomware
AGCO: Agricultural Machinery Manufacturer
Risk to Small Business: Major U.S. agricultural machinery manufacturer AGCO announced that they have suffered a ransomware attack that is impacting some of the company’s production facilities. A statement from the company provided few details but specified that its operations including production “Will likely be adversely affected for several days and potentially longer.” No group has claimed responsibility or publicized a ransom demand.
How it Could Affect Your Business: Ransomware gangs love to pounce on industries at critical times. This is a massive problem at the height of spring planting season in the US.
The State Bar of Georgia
Exploit: Hacking
State Bar of Georgia: Professional Organization
Risk to Small Business: The State Bar of Georgia has experienced a cyberattack that crippled the organization’s network, website and email system. Officials say that the attack began last Monday when an unauthorized user was discovered and that the organization’s IT team swung into action quickly to secure the network from further trouble. There was a continued impact on the Bar’s website throughout the week. The incident is under investigation.
How it Could Affect Your Business: Professional organizations have been on cybercriminal hit lists thanks to the abundant personal and sometimes financial data they tend to hold.
IKEA
Exploit: Insider Threat
IKEA: Home Goods Retailer
Risk to Small Business: Furniture and home goods giant IKEA announced that it had experienced a data breach in its Canadian operations that impacted an estimated 95,000 customers. The company said that sensitive customer information was mistakenly provided to an employee in an internal search between March 1 and March 3, 2022. No specifics about the compromise data were offered beyond confirmation that no financial or banking information was accessed. IKEA says that it has notified any customers that were impacted by the breach and the Office of the Privacy Commissioner of Canada.
How it Could Affect Your Business: Internal information security foul-ups by employees like this are embarrassing and potentially expensive mistakes that no company wants to handle.
