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Weekly INK

Each week we compile an advisory on the latest threats, trends and newsworthy topics from the cyber security industry affecting small and medium enterprises. Join our subscribers below and help us prevent cybersecurity breaches.

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Issue #10 - September 5, 2022

Los Angeles School District Hit by Ransomware Attack

Source: Data Breach Today

K-12 Schools Increasingly Are Ransomware Targets. A ransomware attack is disrupting some operations at California's largest public school system just weeks after the start of the new academic year.


The Los Angeles Unified School District says it "detected unusual activity" over the weekend that was later identified as ransomware likely motivated by criminal gain. Fundamental school system functions - including instruction and transportation, food and after-school programs - are unaffected. The district serves more than 600,000 students, making it the second-largest in the United States.




Almost half of educational institutions had a cloud-based cyberattack

Source: SC Media

Netwrix on Tuesday published a report that said 47% of educational institutions suffered a cyberattack on their cloud infrastructure within the last 12 months. The survey on the education sector was part of a broader survey, but Netwrix opted to offer these additional vertical industry findings.




The great resignation creates IT security concerns for financial firms

Source: SC Media

The so-called “great resignation” in the wake of the recent pandemic has worsened already exacerbated IT security issues for financial institutions.

According to research from IT consultancy Verint, the recent sweep of departures from full-time positions has not only created a shortage of employees, but has also caused a deficiency in qualified cybersecurity professionals — already an issue throughout various sectors.




How 1-Time Passcodes Became a Corporate Liability

Source: Krebs on Security

Phishers are enjoying remarkable success using text messages to steal remote access credentials and one-time passcodes from employees at some of the world's largest technology companies and customer support firms. A recent spate of SMS phishing attacks from one cybercriminal group has spawned a flurry of breach disclosures from affected companies, which are all struggling to combat the same lingering security threat: The ability of scammers to interact directly with employees through their mobile devices. .


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