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In The Wild - CyberSecurity Newsletter
Welcome to the 128th issue of In The Wild, SBS’ weekly CyberSecurity newsletter. The objective of this newsletter is to share threat intelligence, news articles that are relevant, new and updated guidance, and other information you may find helpful.
Below, you will find some of the latest-and-greatest news stories, articles, videos, and links from the past week in cybersecurity. Some of the following have been shared by consultants, others by the SBS Institute, and others yet simply been found in the far corners of the Internet. We hope you find the following stories relevant, interesting, and – most of all – useful. Enjoy.
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Aaron Gamewell, president, CEO, and managing partner of SBS CyberSecurity, LLC, announced on June 26 that the cybersecurity consulting and audit firm has pledged $20,000 to help send 20 female Dakota State University students to the national 2020 Women in Cyber Security (WiCyS, pronounced wee-sis) Conference. This doubles what the company sponsored for the 2019 conference.
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Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days. Unfortunately for iNSYNQ, the company appears to be turning a deaf ear to the increasingly anxious cries from its users for more information about the incident.
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On June 20th, hours after a Global Hawk surveillance drone, costing more than a hundred million dollars, was destroyed over the Strait of Hormuz by an Iranian surface-to-air missile, the United States launched a cyberattack aimed at disabling Iran’s maritime operations. Then, in a notable departure from previous Administrations’ policies, U.S. government officials, through leaks that appear to have been strategic, alerted the world, in broad terms, to what the Americans had done.
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Asen Genov is pretty furious. His personal data was made public this week after records of more than 5 million Bulgarians got stolen by hackers from the country's tax revenue office. In a country of just 7 million people, the scale of the hack means that just about every working adult has been affected. "We should all be angry. The information is now freely available to anyone," said Genov, a blogger and political analyst. He knows his data was compromised because, though he's not an IT expert, he managed to find the stolen files online.
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Do you know which SBS Institute Certification Programs are coming up? Check out the Certification Calendar and share with your clients. Find Out Here! »
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FaceApp, a mobile face-editing application, has all the necessary components for a viral privacy scandal: a catchy concept, celebrity users, a mysterious company and a stampede of public interest. Here’s the rundown of FaceApp’s 15 minutes of fame: A viral app lets us see what we might look like as a wrinkle-laden 75-year-old. Users click “yes” on the terms of service without looking, and start snapping and uploading pictures. Inevitably, just as the app reaches cultural saturation (LeBron James is doing it!), the privacy advocates, scolds, and even the conspiracy theorists come out to play buzzkill.
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A new kind of identity theft that combines stolen personal data with fabricated information is on the rise, and it’s helping more digital thieves ruin Americans’ credit without fear of detection, according to a new white paper from the U.S. Federal Reserve. Known as “synthetic identity theft,” the tactic is distinct from traditional forms of identity fraud. Instead of stealing a person’s name, Social Security number and opening lines of credit, thieves combine a fake name and other fictional personal data such as a date of birth with a true Social Security number.
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The frequency of business email compromise (BEC) scams has increased year over year, and so did the value of attempted thefts, reaching a monthly average of more than $300 million. The number is drawn from the suspicious activity reports (SARs) received every month since 2016, which increased from 500 to more than 1,100 in 2018.
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Of all the competencies that we value in leaders, it is the ability to inspire and be inspirational that rises to the top for me. To some this is natural, to others, it is learned and practiced. To me, this is a requirement for leaders - people want to work for people they know, like, and trust. In short, people want to follow people that they can believe in - and are inspired by.
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10 Other Interesting Links From This Week
There were too many fantastic reads from this past weeks’ worth of cybersecurity and technology news, so here are a few additional quick-hit links for your reading pleasure:
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