According to the FBI Internet Crime Report, Business Email Compromise (BEC) and Email Account Compromise (EAC) are pervasive threats costing victims more than $676 million in 2017. These schemes are difficult to detect due to their convincing nature and high degree of tradecraft exhibited by threat actors.
Cyberscoop highlights a March 2018 Ponemon Institute global study sponsored by IBM Resilient on the importance of cyber resilience for a strong security posture.
SamSam ransomware has been involved in some high profile attacks recently, including the incident that involved Atlanta city government computers and systems earlier this year. Part of what SamSam so challenging to address is that it has evolved from its different version, making it more difficult to detect or track.
More and more Australian businesses and organizations are entering into partnerships with the county’s newly formed joint cyber security centres (JCSCs). And as a result, the JCSCs now have relationships with an expanding number of critical infrastructure sectors, which includes the water and wastewater sector, the energy sector, and the commercial facilities sector, among many others. The JCSCs are designed to co-located government, business, and academic cybersecurity experts so that they can share data and advice on threats.
The Federal Trade Commission (FTC) has launched Operation Main Street, an effort with the Better Business Bureau (BBB) and law enforcement to educate small business owners on how to stop scams targeting their businesses.
The NCCIC has provided a Malware Analysis Report (MAR) of TYPEFRAME, a Trojan malware variant used by HIDDEN COBRA. The U.S. government refers to all malicious cyber activity by the North Korean government as HIDDEN COBRA. This MAR includes malware descriptions related to HIDDEN COBRA, suggested response actions and recommended mitigation techniques.
June 12, 2018
The NCCIC has updated this advisory with additional details on affected products and mitigation details. This advisory was initially published on November 2, 2017. NCCIC/ICS-CERT.
November 2, 2017
On June 13, the European Union (EU) Parliament passed a resolution characterizing Kaspersky as “confirmed as malicious.” While the resolution is not a ban or legally binding, it does recommend banning the company from information technology used throughout the EU. The vote signals the newest wave of challenges to the company from nations. In September 2017, the U.S.
The NCCIC has released an advisory on command injection, cross-site scripting, and improper input validation vulnerabilities in Schneider Electric U.motion Bulder. Versions prior to 1.3.4 are affected. Successful exploitation of these vulnerabilities could allow remote code execution. Schneider Electric has released firmware update Version 1.3.4, which includes fixes for these vulnerabilities.
Yesterday, the U.S. Department of Justice (DOJ) announced the culmination of “Operation Wire Wire,” a significant coordinated effort by federal departments and agencies to disrupt Business Email Compromise (BEC) schemes. Operation Wire Wire resulted in 74 arrests in the U.S. and overseas, the seizure of nearly $2.4 million, and the disruption and recovery of approximately $14 million in fraudulent wire transfers. BEC is a sophisticated scam that targets employees with access to company finances.
1620 I Street, NW, Suite 500
Washington, DC 20006
1-866-H2O-ISAC (1-866-426-4722)
© 2025 WaterISAC. All Rights Reserved.
