By JNS
Israeli companies are being targeted by a new wave of cyber attacks, and industry experts say Iran is the likely culprit,
The Marker reported on Sunday.
Recent incidents have included attacks on the Veritas logistics company and on Match Retail, which is H&M’s representative in Israel.
“In both incidents, many figures were stolen from the organizations in Match’s case, 110 gigabytes of information, while in Veritas’s case, nine gigabytes,” said the report.
A new group, calling itself Networm, is reportedly behind both incidents. It sent an ultimatum to both companies, demanding hundreds of thousands of dollars to prevent exposure of the stolen information.
Report: Iran likely behind cyber attacks on Israeli supply chain companies
Report: Iran likely behind cyber attacks on Israeli supply chain companies
Despite issuing ransom demands, the hackers reportedly used code that corrupted stolen information, leading experts to doubt a profit motive.
An illustration of a cyber attack. Credit: F8 studio/Shutterstock.
Spread the word.
The Marker reported on Sunday.
Recent incidents have included attacks on the Veritas logistics company and on Match Retail, which is H&M’s representative in Israel.
“In both incidents, many figures were stolen from the organizations in Match’s case, 110 gigabytes of information, while in Veritas’s case, nine gigabytes,” said the report.
& Other Stories to open first two Israel stores
H&M Group s & Other Stories will open outlets in Tel Aviv and Jerusalem in the fall.
H&M Group s & Other Stories will open its first two Israel stores in the fall of 2021, the Israeli franchisee has announced. The first two stores in Israel will be in Tel Aviv s Azrieli Center and the Azrieli Mall in Malha in Jerusalem.
This will be the fourth brand that H&M s Israel franchisee Match Retail, led by CEO Amihay Kilstein, and owned by George Horesh s Union Group, will be bringing to Israel.
& Other Stories sells more expensive products than H&M stores, which are seen as of higher quality and for a younger clientele. & other Stores has 74 outlets in 24 countries and over the past year has expanded to Luxembourg and Latvia.