Business
Focused
Technology

The Threat Landscape is Changing

It has become very apparent that Cyberattacks can affect virtually anyone, anywhere, at any time. The threat landscape for cyberattacks has changed drastically over the year. A strong example of this is A.P. Moller-Maersk, the world’s biggest shipping company with a fleet of more than 600 container vessels and a market share of around 16%. Maersk was hit by a ransomware cyberattack earlier this year, the breakdown affected all business units at Maersk, including container shipping, port and tug boat operations, oil and gas production, drilling services, and oil tankers. Even more alarming is the entry point of an attack. Simply by accessing through one employee’s computer, This cyberattack, Petya, was able to enter and attack the entire network at Maersk. This cyberattack virtually paralyzed Maersk from any operations and severely threatened the company’s success. Petya, spread from Europe to the U.S., and then to Asia. Banks, government systems, airports, metro transports, and even the Chernobyl power plant were all affected. Hackers were instructed to pay a certain amount (ransom) to unlock their systems, but eventually the channels hackers chose for ransom money were shut down by governments.
Petya was the second large-scale attack in the last few months, after WannaCry hit earlier this year. It illustrates how the threat landscape for cyberattacks have changed and how damaging the outcomes can be for businesses.–no matter how large or small your company. As in the case of Maersk, cyberattacks can negatively impact your daily operations, affect your revenue and even result in closing your company’s doors. At IT360, we are staying on top of this changing threat landscape for our clients. We will always try to be proactive and diligent about threat notifications. However, we feel the most powerful prevention is knowledge. We encourage you to learn more about Security Awareness Training offered by IT360 which provides baseline testing and training to your staff regarding urgent IT security problems of social engineering, spear phishing and ransomware attacks. If you would like to know more about Security Awareness Testing, please contact us today.

Principal Owner, Marketing Firm

Bringing IT360 on as our technology services “department” was one of the smartest business decisions we’ve made. Over the years, we’ve tried various similar services and have also hired internal IT staff, and we’ve never felt confident that we were adequately supported. IT360 has changed all that. They not only provide proactive, comprehensive technical support and consulting, they engage with us in a way that feels like they are part of our company…a true business partner.

Principal Owner, Marketing Firm

Recent
Technology News

IT 360 News
Yahoo Suddenly Rises in Popularity in Q4 to Become the Most Impersonated Brand in Phishing Attacks

Completely absent from the top 10 brands for more than two years, Yahoo’s impersonation may indicate that scammers are looking for new attack angles using lesser-used brands. Yes, of course, Yahoo is anything but insignificant. With revenues topping $8 billion, the search engine giant is still quite relevant today. But in the world of phishing attacks using […]

Read more
IT 360 News
BEC Group Launches Hundreds of Campaigns

A business email compromise (BEC) gang has launched more than 350 attacks against organizations in the US, according to researchers at Abnormal Security. The threat actor, which Abnormal Security tracks as “Firebrick Ostrich,” conducts open-source reconnaissance on their targets in order to construct their scam. “In contrast to other forms of financial supply chain compromise […]

Read more