Security News Bites for the Week Ending July 24, 2020
Cloudflare DNS Goes Down Taking A Big Chunk of the Internet Down
Good news and bad news. For companies like Shopify, League of Legends and Politico, among many others, Friday afternoon gave you a headache. You outsourced your DNS to Cloudflare and they had a burp. The good news is that because they are Cloudflare they were able to diagnose it and mitigate the problem in 25 minutes. While no one wants to be down, could you fix your internal DNS server meltdown in 25 minutes? Credit: Techcrunch
Great Article on How Norsk Hydro Dealt with a Ransomware Attack
Bloomberg has a great article on how Norsk dealt with their ransomware attack. Couple of thoughts. They spent $60 million to recover. Their insurance has paid them $3.6 million. You do the arithmetic. And, they weren’t dealing with ransomware 2.0 which really changes things. Check out the article on Bloomberg.
Grayshift Has a New Form of Spyware
Grayshift, the company that breaks into cell phones for cops and “other entities”, has come up with a new tool. Take a locked iPhone and put it on the Grayshift box. They install malware onto your locked iPhone. Then they give it back to the suspect under the guise of, say, calling their lawyer. The suspect unlocks the phone and the malware records the unlock code. Then the cops take the phone back and can unlock the phone without you. Likely Apple will figure out how they are doing this, but for now, it works. Credit: NBC News
First American (Title Company) Makes History
New York’s Department of Financial Services released a highly detailed set of security standards a couple of years ago for businesses that they regulate called DFS 500. This set of security standards dictates what controls and processes banks, mortgage companies, insurance companies and others must implement to protect the data that they store. First American is the first company that DFS has sued for messing up. There were 885 million records exposed and the fine can be $1,000 per record. You do the math and start the negotiations. Credit: PYMNTS.Com
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