Advanced Malware Described as More Sophisticated Than Stuxnet

November 24, 2014

Bayshore Blog Post: Financial Times Article on New Malware

November 24, 2014

We noticed with interest today's Financial Times piece by Hannah Kuchler and Sam Jones.

Link: Advanced cyber worm targets Russian and Saudi telecoms - Malware said to be more sophisticated than Stuxnet and run by western intelligence body

A cyber snooping operation reminiscent of the Stuxnet worm and billed as the world’s most sophisticated computer malware is targeting Russian and Saudi Arabian telecoms companies.

Eugene Kaspersky, chief executive of Kaspersky Labs, warned that the computer networks that control energy plants and factories are becoming targets for organised crime gangs armed with skilled hackers. He said there was evidence of “more and more very targeted attacks” of the networks that run industrial companies.

The attacks go beyond recent data breaches at US bank JPMorgan and US retailer Home Depot, in which criminals sought credit card details to attempt false transactions. Mr Kaspersky said criminals had used hacking for everything from bypassing security at ports to stealing grain from a Ukrainian factory.

The most public incident of cyber industrial crime was exposed when Europol smashed a drug ring last year that was hacking into the control systems of the Belgian port of Antwerp to hide containers holding drugs.

The Bayshore platform is designed to protect critical infrastructure from cyberattack.

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Ralph Langner Video on "Cyberwar, Espionage & Terrorism"

November 17, 2014

Bayshore Blog Post: Ralph Langner Video

November 17, 2014

Ralph Langner, one of the world's leading cyber-defense experts, gave an outstanding presentation last month at the World Affairs Council of Houston.

You can watch the video - entitled "Cyberwar, Espionage & Terrorism" - here.

Although Mr. Langner has a sober view of the industry, many of the stats he cites may alarm you. For example, according to DHS, 51% of critical infrastructure attacks in 2013 were in the energy sector.

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