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Industry News: ESG5

    ‘Aggressive’ China Cyberattacks Are The ‘Defining Threat’ Of Our Time, Top U.S. Cyber Official Says

    2023-06-13

    CNBC: China’s cyber-espionage and sabotage capacities are an “epoch-defining threat,” the top U.S. cybersecurity official said, warning that in the event of open warfare “aggressive cyber operations” would threaten critical U.S. transportation infrastructure “to induce societal panic.”

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    Know Your Breach: Leverage EDU

    The Target: Leverage EDU, a software University Admission platform.

    The Take: Exposure of over 240,000 records of Personally Identifiable Information including: names, email addresses, passport scans, applications, bank statements and loan information.

    The Vector: A misconfigured database was left open and unsecured with no password, meaning anyone with an internet connection could have viewed and downloaded the trove of data.

    This shows how important authentication controls are and that they are purposefully and smartly deployed with security in mind. Multi-factor authentication and password length and complexity rules on server access are effective strategies to mitigate these kinds of breaches to protect a firm’s data.

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    UK Cyber Security Chief to Warn of China’s Rise as a Technology Superpower

    2023-04-18

    The Guardian: China poses an “epoch-defining” challenge to the west, the head of the National Cyber Security Centre (NCSC) is reportedly to warn. Lindy Cameron, who is the director of the GCHQ arm, will use a speech in Belfast this week to warn the UK and allies of the “dramatic rise of China as a technology superpower”.

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    China Probes Micron for Cybersecurity Risks, Urges Japan to Stay Out of US Chip Export Curbs

    2023-04-04

    Tech Crunch: The U.S. and China chip battle continues to escalate. In China, the country’s cybersecurity watchdog has initiated a probe into U.S. memory chip maker Micron Technology, according to a statement from the Cyberspace Administration of China (CAC) released.

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    Personal Data Targeting and Cyber Attacks Linked to China on the Rise

    2023-02-28

    Yahoo News: Cybersecurity firm CrowdStrike’s latest Global Threat Report showed that the number of attacks using malware has dropped in the last year, with hackers instead using “hands-on keyboard activity” to breach organisations.

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    North Korea-linked Hackers Behind $100 Million Crypto Heist, FBI Says

    2023-01-24

    CNBC: North Korean-linked actors were behind the theft of $100 million through the hack of a crypto product last year, the Federal Bureau of Investigation said.

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    Over 82% Business Executives See Cybersecurity Budgets Rising in 2023

    2022-11-09

    Mint: According to the report, India respondents consider a catastrophic cyberattack, a resurgence of COVID-19 or a new health crisis, and a new geopolitical conflict among the top three risks.

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    Cybersecurity Worries Draw C-Level Attention in Asia

    2022-08-31

    Business Wire: Enterprises in Singapore and Malaysia have grown so concerned about the dangers of cyberattacks that they are changing the way they make security-related decisions and procure cybersecurity services, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

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    Chinese Hackers Target Australian Govt with ScanBox Malware

    2022-08-30

    Bleeping Computer: China-based threat actors have been targeting Australian government agencies and wind turbine fleets in the South China Sea by directing select individuals to a fake impersonating an Australian news media outlet.

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    China Fines Didi $1.2 Billion for Violating Cybersecurity and Data Laws

    2022-07-21

    CNN: China’s cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion) for violating cybersecurity and data laws, putting an end to a yearlong investigation into the ride-hailing giant.

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