hackers – Cyber Law Watch

Can It Get Any Worse? Travel Giant CWT pays $4.5 Million USD ransom to Hackers who Stole Corporate Files and Knocked 30,000 Computers Offline

Aug 04 2020

In these unprecedented times, where travel around the globe is primarily halted as nations get to grips with controlling the outbreak of COVID-19, many would think it couldn’t get any worse for travel companies. However, they would be wrong, as according to an article from ITNews, American travel management giant CWT has reportedly paid a whopping 414 bitcoin, equivalent to a value of 4.5 Million USD (approximately 6.3 Million AUD), to hackers who successfully exfiltrated over 2 terabytes of sensitive corporate files.

According to the Article, the successful hackers used a strain of ransomware referred to as “Ragnar Locker” which places computer files into a virtual prison through encryption and renders them unusable until the victim pays for the keys. Then in CWT had to negotiate in a public chat forum to pay for the release. It gives us a rare insight into the dialogue that followed. CWT negotiated the hackers down from their initial demand of 10 Million USD. According to the Report, whilst the hackers claimed to have stolen over 2 terabytes of files including financial reports, security documents and employees’ personal data, it was not clear whether any customer data was compromised.

Jul 17 2020

By Cameron Abbott, Warwick Andersen, Rob Pulham and Keely O’Dowd

Reports have surfaced that the Twitter accounts of prominent companies, politicians and celebrities were compromised on Wednesday, 15 July 2020. Hackers were able to gain large scale access to the Twitter accounts of several prominent and influential US personalities and companies to promote a cryptocurrency scam.

It is concerning that the accounts of prominent figures were targeted and compromised. Given the level of influence and prominence several of those individuals have on social media, the hackers had the potential to cause greater havoc. On this occasion, it appears the hackers were financially motivated to perform the cyber attack by seeking “donations” via Bitcoin. The hackers sent out tweets asking people to donate Bitcoin to an address and the Twitter account holder would double the donation.

Jul 10 2020

By Cameron Abbott and Keely O’Dowd

Intelligence experts KELA recently announced that almost 500,000 customer records of different car suppliers were being offered for sale on the dark web by hacking group “KelvinSecurity Team”.

According to reports, almost 400,000 UK based BMW customers’ data is being sold on the online black market. This data includes the initials and surnames of car owners, home addresses, email addresses, the names of dealerships and car-registration information. The data of Mercedes, SEAT, Honda and Hyundai car owners also form part of the compromised customer records.

Jun 01 2020

By Cameron Abbott, Warwick Andersen, Rob Pulham, Michelle Aggromito and Rebecca Gill

It has been reported that hackers have accessed and stolen details of about 9 million customers of British airline easyJet. Approximately 2,208 easyJet customers have also had their credit card details accessed and stolen.

easyJet reported that it became aware of this “highly sophisticated” cyberattack in late January this year. After an investigation, the airline recently disclosed that the details accessed and stolen by the hackers included email addresses, travel information, and credit card data including CVV numbers.

Mar 26 2020

By Cameron Abbott, Warwick Andersen, Rob Pulham and Max Evans

As the world grinds to a halt following the perpetuation of COVID-19, more and more businesses have turned to remote work arrangements. This has led to a sharp rise in the use of videoconferencing technology Zoom. However, as the Australian Financial Review notes, flawed data security and privacy practices mean that the use of Zoom could be disastrous for corporate and personal privacy.

Concerns surrounding the use of Zoom arose earlier this year, with critical security vulnerabilities enabling hackers to predict Meeting ID’s and therefore join active meetings, and also allowing any website to forcibly join a user to a Zoom call with their video camera activated and without the user’s permission. Whilst a number of these errors were patched up, as the article notes, Zoom refused to disable the ability for hackers to forcibly join to a call anyone visiting a malicious site, raising security red flags and undermining public confidence in Zoom’s attitude towards data security. A strange response given that part of its attraction had been a perceived stronger approach to security.

Could your ERP system make you a victim of cybercrime?

Oct 29 2019

By Cameron Abbott and Allison Wallace

We frequently blog here about incidents where companies, government agencies or public have suffered data or security breaches at the hands of hackers. They’re often incidents that come to light because they affect the public in some way – by shutting down hospitals, exposing sensitive personal information, or threatening government security. But what about hacks that, while not having wide-reaching public implications, go to the core of a business’ operations?

Riding in cars with hackers

Sep 08 2019

By Cameron Abbott, Michelle Aggromito and Alyssia Totham

Ransom-based hacking techniques have primarily been limited to the intangible. We live in a world where unauthorised access to email accounts, bank accounts, and computer systems that may otherwise be private is no longer uncommon.

In some situations, hackers demand a lump sum in return for reinstating control of the accounts and systems to its owners and managers, and otherwise refusing to pay this ransom can likely leave our information and data at the mercy of hackers.

Interlopers in Things? IoT devices may be used as backdoors to your network

Aug 27 2019

By Cameron Abbott and Karla Hodgson

This month Microsoft reported that its Threat Intelligence Center discovered that IoT (internet of things) devices – a VOIP phone, a printer and a video decoder – were used to gain access to corporate networks in April.

Microsoft have identified Strontium – also known as Fancy Bear or APT28 – as the culprit, a hacker group associated with the Russian government who appear to be targeting government, IT, military and defence, engineering, medical and education sectors. Strontium has been linked to the hacking of Hillary Clinton’s presidential election campaign and of the email accounts of researchers investigating the missile strike on MH17 and the Skripal poisonings. In the last 12 months alone Microsoft has delivered almost 1,400 notifications to those targeted or compromised by Strontium.

Sorry Sir, Our Data Breach Response Plan is Out of Stock

Aug 12 2019

By Cameron Abbott, Michelle Aggromito and Max Evans

We are living in an era of online shopping, where consumers are more willing to hand over personal information for goods and services, and are less suspicious of whom they are divulging their personal information to. As a result, online businesses are in possession of a vast amount of their customers’ personal information. The recent hack of Sneaker Platform Stock-X reminds us yet again of the importance of businesses maintaining comprehensive and up to date security processes, and in particular, the necessity of having an adequate data breach response plan in place.

Stock-X, a platform for the re-sale of sneakers and apparel, was recently hacked, exposing over six million users’ personal data, including their real name, username, password, shoe size and trading currency. According to a Report by TechCrunch, Stock-X’s initial response was to reset customer passwords, stating that it was due to system updates. A spokesperson for Stock-X later disclosed to TechCruch that Stock-X was alerted to “suspicious activity”. TechCrunch reports; however, an unnamed data breach seller had contacted it claiming more than 6.8 million records were stolen from Stock-X in May, and that the records had been put up for sale and sold on the dark web for $300.

Emergency warning system hacked

Jan 08 2019

By Warwick Andersen, Rob Pulham and Allison Wallace

A new year, and a new hacking incident – this time, it was the Early Warning Network (EWN) – a text and email service used by councils around Australia to warn locals of emergency situations.

On its Facebook page, EWN stated that a hacker was able to access its system, sending out messages via text, email and landline stating that EWN had been hacked and that the receiver’s personal data was not safe. The message also included links to support email addresses and a website.

EWN said that the hack was quickly identified and systems shut down, with no-one’s personal information compromised during the attack. The attack is believed to have originated within Australia, involving compromised login details.

While EWN said that personal information was not compromised by this incident, it serves as a timely reminder for businesses to check and test their information security processes and data breach response plans – and if one isn’t in place, to implement one. The Office of the Australian Information Commissioner reported that it received 550 notifications of data breaches from the time the notifiable data breach legislation commenced on 22 February 2018 to 30 September 2018.

If you’d like to find out more about the legislation, or what your business can do to protect itself, check out this 60-second video by Cameron Abbott.

Tag:hackers

Can It Get Any Worse? Travel Giant CWT pays $4.5 Million USD ransom to Hackers who Stole Corporate Files and Knocked 30,000 Computers Offline

500,000 car owner records found on dark web

Not So Zoomy: Use of Videoconferencing Technology “Zoom” on the Rise, but Privacy and Data Security Inadequacies suggest Users should Tread Carefully

Could your ERP system make you a victim of cybercrime?

Riding in cars with hackers

Interlopers in Things? IoT devices may be used as backdoors to your network

Emergency warning system hacked