Tag Archive for: european

Eastern European energy, defense firms subjected to updated MATA attacks – SC Media



Eastern European energy, defense firms subjected to updated MATA attacks  SC Media

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FBI, European agencies announce major takedown of hacker network that used Qakbot software


LOS ANGELES — The FBI and its European partners infiltrated and seized control of a major global malware network used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks, U.S. officials said Tuesday.

They then remotely removed the malicious software agent – known as Qakbot – from thousands of infected computers.

Cybersecurity experts said they were impressed by the deft dismantling of the network but cautioned that any setback to cybercrime would likely be temporary.

“Nearly ever sector of the economy has been victimized by Qakbot,” Martin Estrada, the U.S. attorney in Los Angeles, said Tuesday in announcing the takedown.

He said the criminal network had facilitated about 40 ransomware attacks alone over 18 months that investigators said netted Qakbot administrators about $58 million.

Qakbot’s ransomware victims included an Illinois-based engineering firm, financial services organizations in Alabama and Kansas, along with a Maryland defense manufacturer and a Southern California food distribution company, Estrada said.

Officials said $8.6 million in cybercurrency was seized or frozen but no arrests were announced.

Estrada said the investigation is ongoing. He would not say where administrators of the malware, which marshaled infected machines into a botnet of zombie computers, were located. Cybersecurity researchers say they are believed to be in Russia and/or other former Soviet states.

Officials estimated the so-called malware loader, a digital Swiss knife for cybercrooks also known as Pinkslipbot and Qbot, was leveraged to cause hundreds of millions of dollars in damage since first appearing in 2008 as an information-stealing bank trojan. They said millions of people in nearly every country in the world have been affected.

Typically delivered via phishing email infections, Qakbot gave criminal hackers initial access to violated computers. They could then deploy additional payloads including ransomware, steal sensitive information or gather intelligence on victims to facilitate financial fraud and crimes such as tech support and romance scams.

The Qakbot network was “literally feeding the global cybercrime supply chain,” said Donald Alway,…

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UK ranked 12th as the most cyber secure European country


Indusface found out that the United Kingdom only ranked 12th most cyber secure European countries and the 40th in the global ranking, with an overall cyber security index score of 71.19/100.

The UK has an average of 680 phishing sites and 750 malware hosting sites per 100,000 urls, meaning that the chances of sites being fake or containing malware could be high.

Please find the full data including all countries here.

Top 10 most cyber secure European countries to work from

 

 

Rank Country DDOS  attacksper 100,000 Internet Users Phishing sites per 100,000 urls Malware  hosting sites per 100,000 urls Compromised  computers  per 100,000 internet users  Cyber security index score(/100)
= 1 Finland 79 320 430 47 82.45
= 1 Belgium 314 280 390 11 82.45
3 Austria 175 260 340 137 80.59
4 Switzerland   203 460 470 17 78.09
= 5 Sweden 94 410 390 736 76.31
= 5 Greece 386 370 440 25 76.31
7 Norway 475 340 490 14 75.51
8 France 50 610 850 31 74.92
= 9  Germany 177 480 570 75 73.89
= 9  Estonia 698 540 440 14 73.89

* Total DDOS Attacks were counted between 2015 to 2021. 

**Compromised computers = have been infected with the Gamarue botnetPlease see full methodology below

Indusface found out that Finland and Belgium share the title of the most secure European countries for businesses to allow employees to remotely work from, each with a cyber security score of 82.45 out of 100. 

 

Finland has received the second lowest number of DDOS attacks (79) during 2015 to 2021, only 29 attacks higher than France who has the lowest among the top 10 European countries. This is an important factor for businesses to consider as successful DDOS attacks could block your business sites and bring down all servers and connections you depend on. 

Contributing to Belgium’s top ranking is that it has the  lowest number of compromised computers per 100,000 internet users (11) in the country. Computers that have been infected with the Gamarue botnet open doors to hackers and make it easier for them to take control of your business data and devices. Belgium also has the joint second lowest malware hosting sites among all top 10 European countries, with an average of 390 sites per 100,000…

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6 internet habits that can compromise your cybersecurity – The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology


(Credit: unsplash)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Check Point


  • The internet has become an essential part of our lives, but it also comes with risks.
  • We need to be aware of the bad habits that we continue to maintain and that can affect our digital security.
  • These include using weak passwords, clicking on links in emails from unknown senders, and not keeping our software up to date.
  • By being more careful online, we can help to protect ourselves from cybercrime.

Nowadays we cannot live without the Internet, a basic resource among the new generations. Remember looking for information in an encyclopedia or going to a travel agency to buy a plane ticket or make a hotel reservation? It seems like ages ago, but the truth is that the network of networks has changed the way we do many tasks and has opened the doors to new possibilities that allow us, for example, to work from anywhere or make a bank transfer from our phone in just one click.

Unfortunately, this relentless evolution is also present in the multiple threats posed by cybercriminals. We have moved on from viruses distributed on floppy disks and Morris, the first worm to infect the Internet in 1988, to the emergence of Trojans, spyware and ransomware, the main protagonists of today’s cybercrime scene. According to the Security Report 2023 from Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading global cyber security specialist provider, cyberattacks have increased by 38% in 2022 compared to the previous year, with an average of 1,168 attacks per week per organization and a situation that looks set to continue to worsen over the coming years.

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What is the World Economic Forum doing on cybersecurity?

The World Economic Forum Centre for Cybersecurity drives global action to address systemic cybersecurity challenges. It is an independent and impartial platform fostering collaboration on cybersecurity in the public and private sectors. Here are some examples of the impact delivered by the centre:

Cybersecurity training: Salesforce, Fortinet, and the Global Cyber Alliance, in collaboration…

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