Tag Archive for: Devastating

The Long Island Press Amplifies a RevBits White Paper that Explores a Devastating 2022 Cyber Hack on the Computer Systems of Suffolk County New York

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Mineola, N.Y., United States:
 

RevBits, a cyber security solution company based on Long Island, New York, completed a review of the 2022 Suffolk County, New York, cyber hack that rendered government systems largely inoperable for months, affecting municipal work and citizen interaction with their county government. The RevBits white paper, Suffolk Hack Part of a Chinese Plot?, was recently profiled in a companion piece in the September edition of The Long Island Press.


 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230919470113/en/


 

One year ago, on September 8, 2022, an anonymous email appeared on the Suffolk County government computer system announcing a devastating hack: unnamed thieves had sized four terabytes of data – some 300 million pages of detailed government information, including highly confidential personal information regarding 26,000 current and former employees as well as banking and personal information related to more than 400,000 people who have received traffic and parking tickets over the past years.


 

The hack brought government systems to a halt: crippling the billion-dollar real estate industry, sideswiping tens of millions of dollars in vital payments to mom-and-pop suppliers and disabled key functions of the county’s 911 emergency system.


 

The RevBits white paper reveals that top US law enforcement and intelligence officials are convinced the intrusion was executed by Chinese government hacking teams as part of Beijing’s drive toward global supremacy by 2049.


 

The white paper, initiated by RevBits CEO David Schiffer, who founded and headed Safe Banking Systems prior to running RevBits, is a veteran of the cyber-world, having intersected with many of the biggest computer cases of the past decades from Kremlin money laundering to security lapses at the FAA. “This hack hits close to home for us – we are a Long Island-based company, and I have been a Long Island resident nearly my whole life,” said Schiffer. “The scourge of state-sponsored hacking needs to be taken seriously by companies but, even…

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This Company Was Hit With a Devastating Ransomware Attack—But Instead of Giving In, It Rebuilt Everything – TIME

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This Company Was Hit With a Devastating Ransomware Attack—But Instead of Giving In, It Rebuilt Everything  TIME

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How China’s Devastating Microsoft Hack Puts Us All at Risk

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By Matthew Brazil



a group of people on a stage: Michael Borgers/Getty

© Provided by The Daily Beast
Michael Borgers/Getty

During World War II, the Chinese communists cultivated opium in their base area and trafficked it into Japanese-occupied cities. Mao Zedong’s man in charge was one of the biggest master spies of the period, Li Kenong. Though Mao later regretted cultivating the “special product,” which he called “that certain thing,” the drug caused disruption in the enemy rear and benefited the Red-area economy.

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Now it seems to be applying the same strategy in the West’s rear area, causing disruptions to online systems and simultaneously benefiting the Chinese economy with viruses and worms used to steal information from computer systems worldwide. The latest simultaneous exploit against thousands of organizations, disclosed on March 2, was dubbed the Microsoft Exchange hack, exploiting servers that manage email systems. The hack allows perpetrators to read messages of selected targets and then venture deeper into infected networks.

Over 60,000 organizations in the U.S. and at least 280,000 users worldwide using Microsoft Exchange for their email were hacked between Feb. 26 and March 3, according to Chris Krebs, the former director of the Cybersecurity and Infrastructure Security Agency. The organizations include defense contractors, universities, state and local governments, policy think tanks, infectious disease researchers, and businesses: anyone that chose to use Microsoft Exchange for their email service.

The unidentified organization behind the hack, assessed by Microsoft to be a Chinese state-sponsored entity, is known by the code name HAFNIUM. The hack has enabled unauthorized access to entire email systems and follow-on access to connected databases that store classified information, trade secrets, the wide range of other proprietary…

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Microsoft tells lawmakers there's 'substantial evidence' Russia was behind devastating hack

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By Brian Fung, CNN Microsoft directly blamed Russia’s foreign intelligence service on Tuesday for a devastating security breach of at least nine federal agencies and dozens of …

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