Cyber Insurance Prices Trending Down After insurance rates soared between 2020 and 2022, prices went down a little bit (15 percent) in 2023 due to increased competition, better vetting on the part of insurance companies and better company cybersecurity practices. It will be interesting to see where this trend goes, but we will take this […]
Continue reading → [DISPLAY_ACURAX_ICONS]Administration Announces Preliminary Agreement for New High Tech Chip Factories in Arizona As you may remember, during the pandemic the shortage of chips caused widespread product shortages for everything from phones to cars. Congress passed the CHIPS act to subsidize companies who manufactured chips in the U.S. at a higher cost rather than in less […]
Continue reading → [DISPLAY_ACURAX_ICONS]Up until now, the longest undetected hacking operation that I was aware of was at Nortel Networks. It lasted 12 years and resulted in the company shutting down in bankruptcy and sold for scrap. This one beats that one. The DoJ unsealed indictments today for 7 Chinese nationals (note to these folks: do not travel […]
Continue reading → [DISPLAY_ACURAX_ICONS]A large and revealing leak from China was released earlier this month. It shows how much the hacking world in China has turned into a business. The company, i-SOON, was the victim of a leak. So sad! Not! The hacker posted a collection of 500 internal documents to GitHub. The documents reveal details of China’s […]
Continue reading → [DISPLAY_ACURAX_ICONS]U.S. Intelligence agencies say that China is shifting tactics. Or, maybe just adding new ones. The NSA, CISA and FBI said, in a joint advisory, that China-backed hackers have maintained access inside U.S. critical infrastructure such as aviation, rail, mass transit, highway, maritime, pipeline, water and sewage to prepare to launch a catastrophic attack at […]
Continue reading → [DISPLAY_ACURAX_ICONS]Myanmar Cyber Crime Bosses Handed to China You may remember that a couple of weeks ago I reported that the Myanmar government turned over control of the part of the country where Crime bosses were running various social engineering scams and human trafficking to the rebels who threatened to shut them down. Now there are […]
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