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Bleeping Computer: Leading French cybersecurity company StormShield disclosed that their systems were hacked, allowing a threat actor to access the company's support ticket system and steal source code for Stormshield Network Security firewall software.
Funds Europe: According to a survey of IT directors and chief technology officers by consulting firm Sionic, 93% of asset management firms have employees creating and designing their own applications.
Investment Week: WisdomTree Cybersecurity UCITS ETF (WCBR) has been developed alongside venture capital firm Team8 and will track the bespoke WisdomTree Team8 Cybersecurity index. It will be available to investors on the London Stock Exchange, Borsa Italiana and Börse Xetra for a total expense ratio of 0.45%.
Yahoo Finance: European and North American cyber cops have joined forces to disrupt what may be the world's largest network for seeding malware infections. The operation appears to strike a major blow against criminal gangs that have used that network for years to install ransomware for extortion schemes and to steal data and money.
BNN Bloomberg: Suspected Russian hackers used a previously unknown piece of malware called “Raindrop” in the SolarWinds cyberattack, potentially infecting more computer systems than had been thought, according to digital security firm Symantec.
Engadget: Europe’s new privacy protection regime has led to a surge in fines for bad actors, according to research published today. Law firm DLA Piper says that, since January 28th, 2020, the EU has issued around €158.5 million (around $192 million) in financial penalties. That’s a 39-percent increase on the previous 20-month period Piper examined in its report, published this time last year. And as well as the increased fines, the number of breach notifications has shot up by 19 percent across the same 12-month period.
ZDNet: Hackers who stole information about COVID-19 vaccines in a cyberattack against the European Union's medical agency and then published it online also manipulated what they found in order to spread disinformation designed to undermine trust in vaccines.
Chicago Tribune: Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.
IT Pro Portal: British Airways (BA) has acknowledged it was responsible for two major 2018 data breaches and is looking to settle. According to an InfoSecurity report, BA is aiming to avoid litigation and is willing to pay out as much as $4 billion to settle the case.
Yahoo Finance: The Justice Department and the federal court system disclosed on Wednesday that they were among the dozens of U.S. government agencies and private businesses compromised by a massive, months-long cyberespionage campaign that U.S. officials have linked to elite Russia hackers.
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