Digital Hackers Are Not Coming In Peace


CrowdStrike’s Warning: Digital Hackers Are Not Coming In Peace

This week in cybersecurity from the editors at Cybercrime Magazine

–Read the Full Washington Times Story

Sausalito, Calif. – Jul. 27, 2024

The Washington Times reported, “A defective update to an obscure piece of security software knocked out security systems around the globe Jul. 19, causing widespread disruptions to travel, medical care and businesses of all stripes while revealing in stunning fashion the fragility of a world economy on shared technology.”

Most flights were grounded because of CrowdStrike’s software glitch. Surgeries were delayed. Bank ATMs and other services were affected. This was supposedly an accident. But what if it, or something worse, had been deliberate?

According to Cybersecurity Ventures, the global cost of cybercrime is expected to reach $10.5 trillion annually by 2025.

During the Cold War, decision-makers who could order a nuclear attack were supposedly few in number. This is not so with cyber attackers, who could be agents of an enemy state or a kid locked in his bedroom with a laptop.

That last scenario was the plot in the 1983 movie “War Games,” in which a young man finds a back door in a military central computer. Reality becomes confused with playing a video game, threatening World War III.

Forty-one years later, that work of fiction became all too real. Hackers — whether from a government or in a basement — are not coming in peace for all mankind. We have been warned.

Read the Full Story



Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:

  • SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
  • NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
  • HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
  • VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
  • M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
  • BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
  • PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
  • PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
  • RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.

Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.



Source link