The Business Times
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Ransomware

Technology
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When backups become the target: Why your recovery plan needs a rethink

Asahi halted production at most of its 30 factories in Japan after a cyberattack hobbled its ordering and delivery system.
Consumer & Healthcare

Japan faces beer crunch after cyberattack hobbles Asahi’s output

The security incident is only the latest to hit the French telecommunications operator this year.
Telcos, Media & Tech

Ransomware hack hit Orange telecom, data published on dark web

Microsoft and its tech rival have both said Chinese hackers are among those taking advantage of the flaw. Beijing has denied the claim.
Global Enterprise

Microsoft says some SharePoint server hackers now using ransomware

Ransomware is a type of software that is specifically designed to withhold a victim’s sensitive data or device hostage.
Technology

A ransomware attack hit a vendor to DBS. What is a ransomware attack and how does it affect companies?

DBS says its systems are not compromised by the ransomware attack and that customers’ deposit and monies “remain safe”.
Companies & Markets

DBS, Bank of China’s printing vendor hit by ransomware attack; over 11,000 customers’ data stolen

The SEC decided against a fine in light of the ICBC unit’s “meaningful cooperation and extensive remedial measures.” It also said the causes of the attack included inadequate preparation for a potentially severe cybersecurity incident.
Banking & Finance

SEC settles with ICBC unit over ransomware attack, imposes no fine

The Blue Yonder breach is affecting company-operated stores in the US and Canada.
Consumer & Healthcare

Starbucks using pen and paper to track pay after vendor hack

The World Health Organization (WHO) says such attacks on hospitals “can be issues of life and death”.
International

50 countries warn UN of ransomware attacks on hospitals

Malicious actors are exploiting AI to enhance various aspects of cyberattacks. "This is likely to increase, driven by the ever-growing stores of data, which can be used to train AI models for higher quality results,” notes CSA.
Economy & Policy

Fewer phishing, infected infrastructure, website defacement incidents reported to CSA in 2023

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