Cisco Warns of Huge Hacked Network Primed for Cyberattacks

Cisco Systems and U.S. and Ukrainian authorities have warned that a network of half a million routers and storage devices has been hacked and is capable of a massive cyberattack. Security researchers said that the attack could take place during soccer’s UEFA Champions League’s final match on Saturday in Kiev. The devices, in 54 countries, are infected with VPNFilter malware that can shut them down, said Cisco security researcher Craig Williams. The U.S. government is working to reclaim control of the infected servers. Continue reading Cisco Warns of Huge Hacked Network Primed for Cyberattacks

Microsoft Sees Significant Corporate Upgrades to Windows 10

Microsoft Windows got a boost due to the increase in cyberattacks, with a 21 percent jump in sales of Windows 10 licenses last quarter, mainly to corporate clients; a 21 percent lift in bulk sales of Windows licenses and cloud services; and an expected growth of 13 percent in the current quarter. Although Windows is the most widely used operating system worldwide, PC shipments have seen no growth, says International Data Corp. Instead, the Windows 10 sales indicate a widespread move to update older software versions. Continue reading Microsoft Sees Significant Corporate Upgrades to Windows 10

Ransomware: Hackers Extort $1 Million From One Company

In the largest ransomware payout to date, South Korean web provider Nayana has agreed to pay $1 million to hackers who originally demanded 550 Bitcoins, about $1.62 million. Following negotiations, Nayana has agreed to pay $1 million in three installments. The ransomware, identified as Erebus by cybersecurity firm Trend Micro, impacted 153 Linux servers and more than 3,400 websites hosted by Nayana. “This is the single largest-known payout for a ransomware attack, and it was an attack on one company,” reports CNET. “For comparison, the WannaCry ransomware attacked 200,000 computers across 150 countries, and has only pooled $127,142 in Bitcoins since it surfaced.” Continue reading Ransomware: Hackers Extort $1 Million From One Company