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.
Tenafly Public Schools
Tenafly Public Schools: Local Government Entity
Risk to Small Business: Tenafly Public Schools was forced to cancel student final exams and resort to low-tech teaching methods to finish out the school year after ransomware had encrypted data on some computers in the district’s network. A Tenafly Public School District spokesperson said that administrators first identified the security incident Thursday and discovered that it involved the encryption of data by ransomware on some computers in the district’s network. The spokesperson went on to explain that the district’s technology department responded by isolating devices, shutting down the districtwide computer system, launching an investigation and hiring outside cybersecurity experts. No word on whether or not a ransom was or will be paid.
How it Could Affect Your Business: Schools and education sector organizations at every level have been prime targets for cybercrime in the last few years..
Private Client Services, LLC.
Private Client Services LLC: Financial Services
Risk to Small Business: Private Client Services, LLC (“PCS”) has disclosed a data breach that the company is blaming on an unauthorized party gaining access to sensitive consumer information through a compromised employee email account. The company sent data breach letters to 22,554 impacted people on May 27, 2022.
How it Could Affect Your Business: Financial Services & Banking was the sector that experience the most ransomware attacks in 2021 and that pace isn’t slowing down.
Aesto Health: Medical Information Services Provider
Risk to Small Business: Aesto Health has announced it recently experienced a cyberattack that caused disruption to certain internal IT systems. The Alabama-based company disclosed that it had experienced a security breach that was detected on March 8, 2022. Aesto Health has brought in a third-party computer forensics company to assist with the investigation. They’ve also determined that an unauthorized individual had access to the affected systems from December 25, 2021, to March 8, 2022.
How it Could Affect Your Business: Healthcare providers in the US don’t just have to worry about the standard expenses of a data breach, they face big regulatory penalties too.
OnDeck Capital: Financial Services
Risk to Small Business: OnDeck has disclosed that the company experienced a data breach after an unauthorized party gained access to the company’s computer network and transferred sensitive data to a private cloud storage account. OnDeck says that it first detected suspicious activity on March 10 and immediately shut down access to all affected devices. But three days later, OnDeck determined that the attackers had copied sensitive data to a private cloud storage account. On March 17, OnDeck’s team of investigators gained control over the cloud storage account, recovered the data, and shut down access, but there’s no word on what the threat actor might have done with the data.
How it Could Affect Your Business: Entities in the financial services sector need to take extra precautions against trouble because it was 2021’s hardest hit sector for ransomware attacks.