Our theme of Cyber Security Stocks remains down by about 1% year-to-date, significantly underperforming the S&P 500 which has gained about 13% over the same period. However, the theme has picked up a bit since our last update in mid-May, when it was down by 6%.The underperformance versus the broader indices is likely due to […]
Chelsie Wyatt Marketing & Communications Coordinator TSFactory LLC – UK Office p: +44 (0) 203 286 4057 a: Kemp House 152 City Road London EC1V 2NX press@tsfactory.com
The world’s largest meat processing company has been targeted by a sophisticated cyber-attack. Computer networks at JBS were hacked, temporarily shutting down some operations in Australia, Canada and the US, with thousands of workers affected. The company believes the ransomware attack originated from a criminal group likely based in Russia, the White House said. The […]
Today’s cybersecurity landscape can be described as tumultuous at best. The last six months alone have shown just how frequent, devastating and far-reaching modern attacks can be. When compounded with what seems like an inescapable skills gap, cybersecurity professionals are constantly behind the curve. This rings especially true for the federal government and those working daily […]
Hot on the heels of an executive order aimed at standardizing federal response to cyber attacks and creating new reporting requirements for government vendors, the Department of Homeland Security (DHS) is establishing its own requirements specifically for companies in the oil pipeline industry. Some of these new cybersecurity regulations have been in the works for […]
Business is booming for cyber extortionists. DarkSide, the hacking group that shut down a key U.S. oil pipeline earlier this month, has collected over $90 million recently in hard-to-trace Bitcoin from 47 different victims, according to the blockchain analytics firm Elliptic. The pipeline hack ended only after Colonial Pipeline Co. paid nearly $5 million in ransom to regain control […]
Hackers responsible for causing widespread disruption to the Irish health system have unexpectedly gifted it with the tool to help it recover. The Conti ransomware group was reportedly asking the health service for $20m (£14m) to restore services after the “catastrophic hack”. But now the criminals have handed over the software tool for free. The […]
On Wednesday May 12, President Biden signed an extensive executive order (EO) on improving the United States’ cybersecurity stature. The E.O. is directed at US federal departments and agencies, and federal contractors, but its impact and resultant standards will likely have a much broader impact across global critical infrastructure sectors and related technology suppliers. Influenced by a […]
People can now enter their phone numbers into a website to see if they appeared in a recent Facebook data breach. Details of more than 530 million people were leaked in a database online, largely consisting of mobile numbers. People can use the Have I Been Pwned online tool to check if their numbers or […]
Dating back to SolarWinds — the fallout to which started a few months before his administration — and continuing through the Microsoft Exchange hacking and the Colonial Pipeline shutdown, the Biden administration has been beset with wall to wall cybersecurity crises. Today, President Joe Biden signed an executive order to fight back. The long-awaited executive […]