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Looming retirement of legacy system custodians put global IT systems at risk

Government IT systems and critical infrastructure systems around the world are at risk due to legacy technology and the pending retirement of those who have historically maintained these older systems. Of the U.S. General Services Administration’s mission-critical IT staff, 20-50 percent will be eligible to retire by 2024 and 66 percent of U.K. companies have…
Government, Security News, Vulnerabilities

Hackers chain Windows, VPN bugs to access government systems

Threat actors have gained access to government networks through a combination of Windows and VPN bugs, a commonly used tactic known as vulnerability chaining in which multiple bugs are used in a single intrusion to compromise a network or application. The recent malicious activity took aim at federal and state, local, tribal and territorial government…
APTs/cyberespionage, Government, Security News, Vulnerabilities

Legacy ICS puts critical infrastructure at risk

By using search engines dedicated to scanning all open ports, or scanning the ports themselves, hackers can remotely take control of critical private and public U.S. infrastructure run largely by industrial control systems (ICS) that weren’t built with security in mind. American water and energy providers are particularly vulnerable to cyberattack because their legacy ICSs…
APTs/cyberespionage, Finance, Security News

NYSE not susceptible to takedown like New Zealand exchange

After a new threat group claiming to be Fancy Bear and the Armada Collective used a DDoS attack to take down the New Zealand stock exchange, security experts say millions of dollars in infrastructure investment make it unlikely that major stock exchanges in New York, London or Hong Kong would suffer a similar take down,…
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