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Texas School District Loses $2.3M to Phishing Attack

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The Manor Independent School District is investigating a phishing email scam that led to three separate fraudulent transactions.

The Manor Independent School District (MISD), located roughly 15 miles outside Austin, Texas, has confirmed it’s investigating a phishing email scam that amounted to $2.3 million in losses.

MISD, which serves 9,600 students, published a statement about the attack via Twitter on January 10. Director of communications Angel Vidal Jr. says the Manor Police Department and Federal Bureau of Investigation are still looking into the incident and reportedly have “strong leads.”

The statement contains few details about the attack itself; however, the Manor Police Department shared some more insight with Austin news outlet KVUE. Detective Anne Lopez says the incident was made up of three separate transactions. MISD did not realize the bank account information had been altered; as a result, it sent three payments over the course of one month before recognizing the recipient bank account was fraudulent.

Lopez’s statement could indicate business email compromise (BEC), a type of threat in which attackers manipulate victims into wiring money or changing bank account details. BEC attacks spiked 269% last year, Mimecast found, and they can easily slip past email security protections.

Read more details here.

Dark Reading’s Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

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Source: https://www.darkreading.com/threat-intelligence/texas-school-district-loses-$23m-to-phishing-attack/d/d-id/1336784?_mc=rss_x_drr_edt_aud_dr_x_x-rss-simple

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Cyber Security

Russian hackers steal Prince Harry and Meghan Markle photos via Cyber Attack

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According to a biography ‘Finding Freedom’, Russian hackers reportedly stole 100s of photos and videos related to the marriage of Duke with Duchess of Sussex that includes some snaps related to the Queen of Britain.

Authored by Omid Scobie and Carolyn Durand, the biography gives us details on why Prince Harry chose to depart the royal life to lead a quiet living in United States along with his newly born son ‘Archie’ Harrison Mountbatten Windsor and wife Meghan Markle.

Coming to the data leak, the breach is a wake up call to the entire world on how hackers could invade into the personal lives of celebrities without their knowledge to create havoc thereafter.

Cybersecurity Insiders has learnt that the stolen photos were related to the wedding photographer Alexi Lubomiriski, hired to digitally capture the wedding of the Duke with Meghan in May’18. Around 200 photos related to the Prince’s wedding were stolen by a computer programmer based in Russia out of which many were ‘outtakes’ meant to be directed to the computer trash can.

The biography specifies that the memorabilia were siphoned from a cloud account owned by the marriage photographer and includes pictures taken by Harry and Meghan along with the Queen at the wedding.

A photo sharing website named Tumblr is seen displaying a few of the stolen pictures possibly leaked by the hacker. 

An inquiry into the data breach and leakage of wedding photos was launched by the law enforcement in Britain after it received an official complaint from the authorities at the Queens palace.

Note- In June 2019, hackers somehow managed to infiltrate the personal computer of the New York based fashion photographer Alexi Lubomirski well- known in the fashion community of London for digitally capturing the lives of Scarlett Johnson, Jennifer Lopez, Britney Spears, Natalie Portman on many ocassions/events.

Source: https://www.cybersecurity-insiders.com/russian-hackers-steal-prince-harry-and-meghan-markle-photos-via-cyber-attack/?utm_source=rss&utm_medium=rss&utm_campaign=russian-hackers-steal-prince-harry-and-meghan-markle-photos-via-cyber-attack

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Texas School District experiences DDoS Cyber Attack

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On the very first day of virtual learning, a Texas school district has made it official that it became a victim of a cyber attack that disrupted virtual classes for 48 minutes. However, the good news is that the IT staff of the school district was swift enough to thwart the Denial of service cyber attack, neutralizing its repercussions to full extent.

The school district that is in discussion is based on the City of Humble, Texas, United States and is known as ‘The Humble Independent School District (Humble ISD) ’.

Liz Celania- Fagan, the Superintendent of Humble ISD, has confirmed the incident via twitter and informed the world that the virtual classes that were impacted by the cyber incident were back online after a break of nearly an hour.

Liz mentioned in her statement that all those students who were logged into the classes via their student Gmail accounts might not be able to log into their student email accounts until the incident is technically resolved.

Note- A denial of service attack aka distributed denial of service attack is launched through botnets that aim to shut down a computer network by bombarding it with fake web traffic.

Meanwhile, The Federal Bureau of Investigation (FBI) has issued a nationwide alert that all school districts that are planning for virtual classes for this academic year should take adequate Cybersecurity measures as there is a high possibility that their servers might be targeted by ransomware.

“As many of the K-12 schools are planning virtual classes from September, it makes them vulnerable to cyber attacks such as ransomware”, says Corey Harris, a special agent of FBI.

There is a good chance that hacking groups might be after social security numbers and other faculty or staff info added Harris.

Hope, the CIOs or CTOs of school districts have taken a note of the ransomware alert issued by FBI targeting K-12 schools.

Source: https://www.cybersecurity-insiders.com/texas-school-district-experiences-ddos-cyber-attack/?utm_source=rss&utm_medium=rss&utm_campaign=texas-school-district-experiences-ddos-cyber-attack

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Digital signatures security explained

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[ This article was originally published here ]

This blog was written by an independent guest blogger.
Digital signatures have been around for decades, but recent events have put them back in the spotlight. They were heralded as the future of cybersecurity as far back as 1999, but in the intervening years came to be somewhat taken for granted by security engineers. Not any longer: the massive move to home working precipitated by the Covid-19 pandemic have forced many to take a fresh look at the security value of digital signatures, why they matter, and their relationship to encryption.
We thought we’d do the same. In this article, we’ll give you a refresher course on how digital signatures work, why they are important for security, and what the future holds.
How do digital signatures work?
Digital signatures, at the most fundamental level, are mathematical algorithms used to validate the authenticity and integrity of an electronic message….

Bernard Brode Posted by:

Bernard Brode

      

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Source: https://www.cybersecurity-insiders.com/digital-signatures-security-explained/?utm_source=rss&utm_medium=rss&utm_campaign=digital-signatures-security-explained

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