Symantec Security Summary - May 2021

Symantec Security Summary - May 2021
Ransomware on a roll. Ransomware once again dominated the global stage after a cyber crime gang orchestrated a recent attack against a U.S. pipeline company, shutting down operations and reigniting concerns about the vulnerability of major infrastructure.
Colonial Pipeline, which transports gasoline and jet fuel from Texas to New York, said it shut down 5,500 miles of pipeline in order to contain the breach in which hackers stole nearly 100GBs of data. While company officials said the hackers broke into its business systems, not the systems that control the physical pipeline infrastructure, they shuttered the networks and pipeline for precautionary reasons. The impact of the attack had an immediate impact at the gas pumps and industry experts raised concerns about what this might portend in light of critical infrastructure vulnerabilities. The Department of Transportation put out an emergency declaration aimed at ramping up alternative transportation routes for oil and gas. Colonial Pipeline, which transports gasoline and jet fuel from Texas to New York, said it shut down 5,500 miles of pipeline in order to contain the breach in which hackers stole nearly 100GBs of data. The FBI has confirmed that the genesis of the attack was a strain of ransomware called DarkSide, which is believed to be connected to a Russian cyber crime gang. The hacking group countered with a notice on the dark web contending they were looking for opportunities to make money, not to carry out an attack on ..

Support the originator by clicking the read the rest link below.