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BBCNEWS BBC World News July 6, 2021 00:18:00

The lot for $70 million if someone were prepared to pay it. in the cyber policy initiative of the technology and international affairs programme at the carnegie endowment for international peace, and is a former intelligence analyst for the us government. john, thank you very much for joining us. this sounds like some sort of auctioneering process as part of the daily business, and we are getting so used to hearing about these incidents. but not quite on this scale? incidents. but not quite on this scale? . , . ., this scale? that s right. what we re seeing this scale? that s right. what we re seeing here this scale? that s right. what we re seeing here with - this scale? that s right. what we re seeing here with this i we re seeing here with this hackis we re seeing here with this hack is really the combination of two beings that happened before, but rarely together things. one is a supply chain compromise whereby hackers gain access to one victim and then use that to then g ....

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Trojan Source: Invisible Vulnerabilities in Most Code

Two researchers from the University of Cambridge have discovered a vulnerability that affects most computer code compilers and many software development ....

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BBCNEWS BBC News June 4, 2024 01:18:00

What we re seeing here with this hack is really the combination of two things that happened before, but rarely together. one is a supply chain compromise, whereby hackers gain access to one victim and then use that to then get a follow on access to many, many other victims. the other is ransomware, where a company s data is held hostage unless they pay cryptocurrency. but again, both of these things are increasingly common, but this is one of the most expansive hacks that combines both techniques together, and that is why people are calling this the biggest ransomware attack of all time, although it is still a bit early to quantify the impact. yeah, ijust wonder what you make of this job lot approach, saying, give us $70 million and we ll clear everybody? i mean, these are all completely separate businesses? it s fascinating and we haven t seen that before. some people theorise it s actually just too many victims for the ransomware gang to process. keep in mind these ransomware gangs ....

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BBCNEWS BBC News June 4, 2024 03:18:00

Sweden s co op supermarket, which has had to close some 500 outlets that s more than half its stores because tills and self service checkouts had stopped working. reevil has tailored its ransom demands to the size of each respective company, but on sunday said it would settle the lot for $70 million if someone were prepared to pay it. earlier i spoke to jon bateman, a former intelligence analyst for the us government. what we re seeing here with this hack is really the combination of two things that have happened before, but rarely together. one is a supply chain compromise, whereby hackers gain access to one victim and then use that to then get a follow on access to many, many other victims. the other is ransomware, where a company s data is held hostage unless they pay cryptocurrency. but again, both of these things are increasingly common, but this is one of the most expansive hacks that combines both techniques together, and that is why people are calling this the biggest ranso ....

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BBCNEWS BBC News June 4, 2024 02:18:00

In england where coronavirus cases are rising rapidly the prime minister confirms plans to scrap most of the remaining restrictions in two weeks. a russian based hacking group known as revil has compromised the computer systems of at least 1,000 businesses worldwide by targeting an american it provider, that writes and updates their software. one of those affected is sweden s coop supermarket, which has had to close some 500 outlets that s more than half its stores because tills and self service checkouts had stopped working. well, revil has tailored its ransom demands to the size of each respective company, but on sunday said it would settle the lot for $70 million if someone were prepared to pay it. earlier i spoke tojon bateman, a former intelligence analyst for the us government. what we re seeing here with this hack is really the combination of two things that have happened before, but rarely together. one is a supply chain compromise, whereby hackers gain access to one vi ....

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