[Weekly Security News] Sensitive information or assets under cyberattacks

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[Weekly Security News] Sensitive information or assets under cyberattacks

[November 22 2023]

1. Australia says hacks surging, state-sponsored groups targeting critical infrastructure

According to a government report, hackers have increased assaults on Australia’s critical infrastructure, businesses and homes. This will continue to rise unless organizations put more effort into security and the risk management of their information assets. A state-sponsored Chinese hacking group was spying on U.S.. The Five Eyes intelligence alliance was make up by U.S., Canada, New Zealand, Australia and the UK for sharing network.

Source : REUTERS

 

2. Cyberattack on ICBC’s US unit to not have material impact on parent bank – Fitch

ICBC, the world’s largest lender by assets,experienced a ransomware, LockBit 3.0., attack on its financial service. This won’t have a material impact on its Chinese parent but it emphasizes growing threats to global payment networks from such incidents.

Source : REUTERS

 

3. Supplier Cyberattack Disrupts Stellantis Production

A cyberattack at a Chinese supplier is impacting a brand manufacturer, such as Jeep, Ram, and Chrysler and Fiat. Interruption of even the smallest processors can have a devastating domino effect on the rest of a supply chain.

Source : Industry Week

 

Every expert said that cyberattacks are all around us and their frequency has been increased. The cyberattacks could lead to devastating impacts on our business and even our lives. Therefore, we need to be aware of this and strengthen our cybersecurity.

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