2018 Winter Olympics | Breaking Cybersecurity News | The Hacker News

Remember the ' Olympic Destroyer ' cyber attack? The group behind it is still alive, kicking and has now been found targeting biological and chemical threat prevention laboratories in Europe and Ukraine, and a few financial organisation in Russia. Earlier this year, an unknown group of notorious hackers targeted Winter Olympic Games 2018 , held in South Korea, using a destructive malware that purposely planted sophisticated false flags to trick researchers into mis-attributing the campaign. Unfortunately, the destructive malware was successful to some extent, at least for a next few days, as immediately after the attack various security researchers postmortem the Olympic Destroyer malware and started attributing the attack to different nation-state hacking groups from North Korea, Russia, and China. Later researchers from Russian antivirus vendor Kaspersky Labs uncovered more details about the attack, including the evidence of false attribution artifacts, and conclud...

The Pyeongchang Winter Olympics taking place in South Korea was disrupted over the weekend following a malware attack before and during the opening ceremony on Friday. The cyber attack coincided with 12 hours of downtime on the official website for the Winter Games, the collapse of Wi-Fi in the Pyeongchang Olympic stadium and the failure of televisions and internet at the main press center, leaving attendees unable to print their tickets for events or get venue information. The Pyeongchang Winter Olympics organizing committee confirmed Sunday that a cyber attack hit its network helping run the event during the opening ceremony, which was fully restored on 8 am local time on Saturday—that's full 12 hours after the attack began. Multiple cybersecurity firms published reports on Monday, suggesting that the cause of the disruption was "destructive" wiper malware that had been spread throughout the Winter Games' official network using stolen credentials. Dubbed...

You can tell the story of the current state of stolen credential-based attacks in three numbers: Stolen credentials were the #1 attacker action in 2023/24, and the breach vector for 80% of web app attacks . (Source: Verizon). Cybersecurity budgets grew again in 2024, with organizations now spending almost $1,100 per user (Source: Forrester).  Stolen credentials on criminal forums cost as little as $10 (Source: Verizon). Something doesn't add up. So, what's going on? In this article, we'll cover: What's contributing to the huge rise in account compromises linked to stolen creds and why existing approaches aren't working.  The world of murky intelligence on stolen credentials, and how to cut through the noise to find the true positives. Recommendations for security teams to stop attackers from using stolen creds to achieve account takeover. Stolen credential-based attacks are on the rise There's clear evidence that identity attacks are now the #1 cyber threat f...