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Cyber News Rundown: Trial finishes for 2018 phishing campaign costing $23.5 million

Cyber News Rundown: Trial finishes for 2018 phishing campaign costing $23.5 million
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The trial just concluded for a Californian accused of orchestrating a phishing campaign that defrauded the US Department of Defense of $23.5 million. In other cybersecurity news, Kellogg Community College is the latest higher education institution to fall victim to a cyberattack.

Nordic Hotels suffers data breach

Officials for Nordic Hotels & Resorts in Finland revealed that their booking systems were compromised during a February security incident and may have affected over 20,000 former guests who booked on the the hotel’s websites. The incident took place over several days in February, though it wasn’t identified or patched by IT staff until April 9. It is believed that 5 total hotels were affected, though officials have confirmed that only guest contact information was accessed, as the booking system didn’t store financial data.

Cyberattack takes down German car rental provider

IT staff for German-based car rental provider Sixt made the emergency decision to shut down most of their internal systems to prevent additional damage from a cyberattack. Customers who attempted to use their rental services were told to inquire via email, but any responses would be on a significant delay, and pick-up/drop-off of vehicles would be processed on paper forms. Sixt has reported the breach to the proper officials and is working with law enforcement to investigate the incident further.

Michigan college becomes a ransomware victim

Kellogg Community College in Michigan fell victim to a ransomware attack leaving college staff with no choice but to cancel classes on all five of their campuses until further notice. The attack was discovered on Friday and IT staff spent most of the weekend working to restore their systems from back-ups, which allowed the remaining staff to return by Tuesday with students returning later in the week.

Australian transport compromised in cyberattack

Transport for NSW in Australia revealed that the online application for the Authorized Inspection Scheme (AIS) had been breached during a cybersecurity incident. The attack exposed an unconfirmed number of completed vehicle inspection applications that contained extremely sensitive identifying information on NSW citizens. This is the second critical cybersecurity incident to impact Transport for NSW, as they were also affected by the Accellion exploit in December of 2019.

Californian arrested for defrauding the U.S. Department of Defense for $23.5 million

The trial has just finished for a California man who’s accused of orchestrating a 2018 phishing scheme that defrauded the U.S. Department of Defense (DoD) for $23.5 million. The scheme diverted funds that wer originally intended as payment to a jet fuel provider. The phishing campaign was centered around registering several web domains that were nearly identical to legitimate supplier domains and used to send out the phishing emails. If sentenced, the offender will face up to 30 years in prison and $1 million in fines.

TripleHelix
Moderator
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CyberAttacks and Ransomware...what ever happened to plain old Viruses…..?


kleinmat4103
Popular Voice
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Oh man! We used to rent from Sixt all the time when we lived in Europe. I can’t even imagine how much money they’re losing by taking down the bulk of their IT infrastructure.

You’ve got to be pretty bought into Sixt to try and make a reservation by email when there are so many other options out there.


stlshark
New Member
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  • New Member
  • May 6, 2022
TripleHelix wrote:

CyberAttacks and Ransomware...what ever happened to plain old Viruses…..?

Agreed. It is crazy how successful social engineering is. If you can steal $23.5 million simply by tricking someone, why spend the time creating a virus? I guess people will never learn. 


Jamesharris85
New Voice
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Interesting read as always, thank you!


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  • Popular Voice
  • May 10, 2022

Every time spam or phishing email gets through someone asks, “don’t they have anything better to do” or “why don’t they get a real job”. The answer is here: $23.5 million. It’s as simple as money.


MajorHavoc
Bronze VIP
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kleinmat4103 wrote:

Oh man! We used to rent from Sixt all the time when we lived in Europe. I can’t even imagine how much money they’re losing by taking down the bulk of their IT infrastructure.

You’ve got to be pretty bought into Sixt to try and make a reservation by email when there are so many other options out there.

That is funny. I was thinking the exact same thing. That was the go to car rental for us in Europe.

And reservation by email? Car rental companies cannot get it correct when you use their normal system. I would hate to think what this nightmare would be like using email. 

But the biggest disappointment in this report is the government being defrauded by a fishing scam. The US Government. That takes guts to try and cheat them on this scale, so there is that. And the fact that they were cheated for so much money is just disappointing at best for our government. They should be experts on scams. 


MajorHavoc
Bronze VIP
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stlshark wrote:
TripleHelix wrote:

CyberAttacks and Ransomware...what ever happened to plain old Viruses…..?

Agreed. It is crazy how successful social engineering is. If you can steal $23.5 million simply by tricking someone, why spend the time creating a virus? I guess people will never learn. 

Well, I guess we will answer that question depending on the outcome of this trial!  😀


MunkeyMan
New Voice
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In fairness not a huge amount of downtime for the college considering how bad it could have been. 


tasystems
New Voice
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Makes no difference how sophisticated the solution you put in place to protect your business, the end users always excel in defeating it! :)


Ssherjj
Moderator
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  • Moderator
  • May 17, 2022

Phishing is a multi million business which businesses and consumers can never be to cautious. Great information in this article. 


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  • New Voice
  • June 15, 2022

These newsitems stay interesting and current. All computers stay vulnerable as evil invents new ways to get in to systems.


MajorHavoc
Bronze VIP
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MajorHavoc wrote:
stlshark wrote:
TripleHelix wrote:

CyberAttacks and Ransomware...what ever happened to plain old Viruses…..?

Agreed. It is crazy how successful social engineering is. If you can steal $23.5 million simply by tricking someone, why spend the time creating a virus? I guess people will never learn. 

Well, I guess we will answer that question depending on the outcome of this trial!  😀

Ok. Defraud $23.5 Million and then pay $1 million in fines? What happens to the other $22.5 million?


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