Covid Cyber Threats

The National Cyber Security Centre (NCSC) has stated that more than a quarter of the incidents they responded to were Covid related. The actual figure is probably even higher as the period reported on was from September 2019 to August 2020 and covers a pre-pandemic period.

The figures show there was 723 incidents during that period of which 194 were Covid related. The Police have previously estimated that less than 1% of cyber crimes get reported which puts the number of cyber crimes during this period to around 72,000.

Housing Association Targeted in Cyber Attack

Flagship Group, based in Norwich, have said that the cyber attack on 1st November took “most of our group’s systems offline’. Their websites states “there has been some data encryption and some personal customer and staff data has been compromised” leading to speculation the attack was a ransomware attack.

Cybersecurity Researchers Buy 100 Used USB Drives and Finds 75,000 ‘Deleted’ Files

The team, from Abertay University, purchased the USB sticks from an online auction site, some of the USB drives contained files named “passwords”, naming files as such makes a hackers job much easier. Other files on the drives included tax returns, contracts and bank statements despite the drives appearing to be empty. This was due to the previous owners deleting the files without releasing they have not been permanently deleted and can be reinstated with publicly available free software.

AXN Cryptocurrency Hacked Immediately After Launch

The new AXION network token named AXN was hacked immediately after its launch on 2nd November. A hacker minted 79 billion AXN and used the AXN Uniswap exchange to convert them to 1,300 Ethereum (ETH) coins worth around $500,000. The AXN price fell to zero.

$1 billion BitCoin Wallet Emptied Ahead of Presidential Election

Almost $1 billion worth of cryptocurrency contained in a password protected BitCoin wallet was moved to another wallet ahead of the 2020 US presidential election. The mysterious transaction was noticed by cyber experts and researchers.