FedEx, Iranian Hackers

Cyber attack, hurricane weigh on FedEx quarterly profit

“Concerning trends of large scale attacks on business”

Package delivery company FedEx Corp (FDX.N) said on Tuesday a June cyber attack on its Dutch unit slashed $300 million from its quarterly profit, and the company lowered its full-year earnings forecast. The company said the cyber attack slashed 79 cents per share from its profit – nearly 40 times the 2 cents per share caused by deadly Hurricane Harvey, which brought catastrophic flooding to southeastern Texas.

Personal details of up to 30,000 teachers at risk following cyberattack

“Union website breached”

Up to 30,000 teachers have been warned that their personal data may have been compromised after their organizations website was hacked in recent days. The Irish National Teachers’ Organisation has notified the teachers and retired staff who have completed courses on its learning website to warn that its security systems were breached.

1.9 Billion Data Records Exposed in First Half of 2017

“Data breaches are becoming far too common”

On average 122 records are exposed in breaches around the globe every second, a new report shows. And that’s doesn’t even include the new Equifax breach data. More than 10 million data records are pilfered or lost every day around the world, a rate of more than 7,000 per minute: and that’s only the numbers from breaches that go public.

NEW GROUP OF IRANIAN HACKERS LINKED TO DESTRUCTIVE MALWARE

“Continued state-sponsored hacking”

For more than five years, Iran has maintained a reputation as one of the most aggressive nations in the global arena of state-sponsored hacking, stealing data from corporate and government networks around the world, bombarding US banks with cyberattacks, and most brazen of all, unleashing multiple waves of computer-crippling malware that hit tens of thousands of PCs across the Middle East. But amidst that noisy mayhem, one Iranian group has managed to quietly penetrate a broad series of targets around the world, until now evading the public eye.

Enjoy your read? Check out our other content here.