Cyber Risk Update 4 NOV 2022

• Ransomware Is A Global Problem And Getting Worse. The White House has united dozens of nations and representatives from big tech companies for a two-day summit aimed at figuring out how to tackle the global ransomware problem.

• https://www.zdnet.com/article/ransomware-is-a-global-problem-and-getting-worse-says-us/

• Password spraying activity targeting on-premises Exchange Server observed by a California City

• Threat actors are likely to increase the use of advanced artificial intelligence (AI) and machine learning technologies.

• The Los Angeles Unified School District refused to pay a ransom demand from the group Vice Society, which responded by posting a 500GB data file. PII includes psychiatric records of students in the posted data. A Russian-speaking hacking group known for targeting schools claims responsibility https://www.pcmag.com/news/hackers-leak-data-on-la-school-children-after-ransomware-attack

• Stress and burnout are having a massive impact on cybersecurity teams, leaving people and businesses more vulnerable than ever. https://www.zdnet.com/article/cybersecurity-teams-are-reaching-their-breaking-point-we-should-all-be-worried/

• Lookout reported that 50% of the phishing attacks aimed at the mobile devices of federal, state, and local government workers in 2021 sought to steal credentials up from 30% a year ago. https://www.scmagazine.com/news/device-security/government-workers-face-more-phishing-attacks-on-mobile-devices