Attackers Hack PCM Inc. to Access to Client Files

Kacy Zurkus | June 28, 2019

Attackers Hack PCM Inc. to Access to Client Files
A US-based cloud solutions provider, PCM Inc., has experienced what KrebsOnSecurity called a “digital intrusion,” which enabled hackers to access the email and file-sharing systems of some of the company’s clients. “Sources say PCM discovered the intrusion in mid-May 2019. Those sources say the attackers stole administrative credentials that PCM uses to manage client accounts within Office 365, a cloud-based file and email sharing service run by Microsoft Corp,” Krebs wrote. Krebs said it is unclear whether there is a link between the Wipro compromise and this latest incident at PMC. "As a bystander, it does seem possible that both the Wipro and PCM compromises are connected. As for the connection to Cloud Hopper, it is not surprising that Chinese groups are attacking the ISPs and cloud providers,” said Jonathan Oliveira, cyber-threat intelligence analyst at Centripetal. “The growing trend of targeting employees who work at cloud providers makes plenty of sense because why would an attacking group want to waste time and resources brute-forcing when employees statistically offer the best avenue of approach into a network? These employees are increasingly becoming high-value targets and, in most cases, do not realize how valuable they are to an attacker,” Oliveira said, adding that investing in technology does little to defend against human behaviors.

Spotlight

The digital revolution raises new cyber risk concerns that can significantly affect an entity’s financial statements.Because corporate directors and officers have a fiduciary duty to protect their company’s assets—including digital assets themselves as well as the stock prices that


Other News
DATA SECURITY

Cynalytica Delivers New Solution to Help Combat Cyber Threats to Maritime Navigation and Communication Systems

Cynalytica | September 20, 2021

Cynalytica Inc. announces its SerialGuard AnalytICS Platform now offers monitoring, deep packet inspection (DPI) support, and intrusion detection for legacy NMEA protocols. Its latest extension provides enhanced situational awareness and security to vulnerable maritime Industrial Control Systems (ICS) through NMEA-specific packet evaluations, analysis, and intrusion detection capabilities. "In addition to the serious threats posed to their OT network, one of the maritime industry's biggest security challenges today is the protection of their navigation and communications systems from persistent cyber threats. Vessels are increasingly vulnerable to cyber attacks that c...

Read More

SOFTWARE SECURITY

IPKeys Power Partners Announces New Grid Cyber Security Breakthrough

IPKeys | September 09, 2021

IPKeys Power Partners, the leading cybersecurity, cyber compliance, and smart grid technology company, announced today the release of its groundbreaking SigmaFlow Beacon platform to provide utilities, generators, and grid operators a simple, unified solution for cybersecurity monitoring and compliance requirements. The SigmaFlow Beacon platform is built specifically to help organizations align with North American Electric Reliability Corp. (NERC) compliance mandates. It provides NERC registered entities with a single solution to advance, simplify and improve existing cybersecurity and monitoring requirements. "We are pleased to provide utilities, generators...

Read More

PLATFORM SECURITY

Stellar Cyber Partners with SonicWall for Advanced Prevention, Response

Stellar | September 08, 2021

Stellar Cyber, the innovator of Open XDR, the only intelligent, next-gen security operations platform, announced today that it has joined the SonicWall SecureFirst Partner Program to integrate Stellar Cyber’s advanced threat detection and response with SonicWall’s award-winning prevention technology. This combination of prevention, detection and response provides an outstanding platform for enterprises that want to stop many attacks before they occur while detecting and remediating complex threats. “As a customer of both SonicWall and Stellar Cyber, it’s great to see these two solutions working together,” said Michael Crean, CEO of Solutions Grant...

Read More

SOFTWARE SECURITY

Minimize Cybersecurity Risk and Relieve Overstretched Security Teams with Trend Micro Support and Service Bundles

Trend Micro Incorporated | September 07, 2021

Trend Micro Incorporated a global cybersecurity leader, today announced the launch of Trend Micro Service One, consolidating its managed services to optimize enterprise threat management. The new services bundles, which can include premium support, an early warning service, Managed XDR and incident response, help customers prevent, detect and respond to cyber threats faster by supplementing internal resources. The prevalence of cybersecurity threats and the dynamic threat landscape leave businesses vulnerable and put security experts in high demand to triage and investigate incidents. According to Aaron Sherrill, Senior Research Analyst at 451 Research, part of ...

Read More

Spotlight

The digital revolution raises new cyber risk concerns that can significantly affect an entity’s financial statements.Because corporate directors and officers have a fiduciary duty to protect their company’s assets—including digital assets themselves as well as the stock prices that

Resources

Events