Boeing has confirmed that its parts and distribution site has been attacked by LockBit ransomware, which is believed to be Russian based. Boeing has said that the attack has not affected flight safety. Boeing is investigating the attack.
LockBit publicly claimed responsibility for the attack and boasted that it had stolen “sensitive data” from Boeing…
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Since the Colonial Pipeline and JBS meat manufacturing security incidents, attention is finally…
On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory “to highlight the sanctions risks associated with ransomware payments related to malicious cyber-enabled activities.”
The advisory acknowledges that the incidents of ransomware attacks on U.S. companies have risen during the COVID-19 pandemic. Although the advisory does not mention that companies have been paying ransoms when they are victimized, it has been publicly reported that companies have paid ransoms, particularly when data has been exfiltrated and the cybercriminals are threatening to post the data online unless a ransom is paid for confirmation of destruction, as is the scheme used by Maze.
Continue Reading OFAC Issues Advisory on Sanctions for Facilitating Ransomware Payments
