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Category — electricity meter
Ransomware Virus Shuts Down Electric and Water Utility

Ransomware Virus Shuts Down Electric and Water Utility

Apr 29, 2016
Ransomware has become an albatross around the neck, targeting businesses, hospitals , and personal computers worldwide and extorting Millions of Dollars . Typical Ransomware targets victim's computer encrypts files on it, and then demands a ransom -- typically about $500 in Bitcoin -- in exchange for a key that will decrypt the files. Guess what could be the next target of ransomware malware? Everything that is connected to the Internet. There is a huge range of potential targets, from the pacemaker to cars to Internet of the Things, that may provide an opportunity for cybercriminals to launch ransomware attacks. Recently, the American public utility Lansing Board of Water & Light (BWL) has announced that the company has become a victim of Ransomware attack that knocked the utility's internal computer systems offline. Also Read: FBI Suggests Ransomware Victims — ' Just Pay the Ransom '. The attack took place earlier this week when one of the compan...
Hacking Smart Electricity Meters To Cut Power Bills

Hacking Smart Electricity Meters To Cut Power Bills

Oct 17, 2014
Smart devices are growing at an exponential pace with the increase in connecting devices embedded in cars, retail systems, refrigerators, televisions and countless other things people use in their everyday life, but security and privacy are the key issues for such applications, which still face some enormous number of challenges. Millions of Network-connected electricity meters or Smart meters used in Spain are susceptible to cyberattack by hackers due to lack of basic and essential security controls that could put Millions of homes at risk, according to studies carried out by a pair of security researcher. HACKERS TO CAUSE BLACKOUT AND BILL FRAUD The security vulnerabilities found in the electricity meters could allow an intruder to carry out billing fraud or even shut down electric power to homes and cause blackouts. Poorly protected credentials inside the devices could let attackers take control over the gadgets, warn the researchers. The utility that deployed the...
4 Reasons Your SaaS Attack Surface Can No Longer be Ignored

4 Reasons Your SaaS Attack Surface Can No Longer be Ignored

Jan 14, 2025SaaS Security / Generative AI
What do identity risks, data security risks and third-party risks all have in common? They are all made much worse by SaaS sprawl. Every new SaaS account adds a new identity to secure, a new place where sensitive data can end up, and a new source of third party risk. Learn how you can protect this sprawling attack surface in 2025. What do identity risks, data security risks and third-party risks all have in common? They are all made much worse by SaaS sprawl. Every new SaaS account adds a new identity to secure, a new place where sensitive data can end up, and a new source of third-party risk. And, this growing attack surface, much of which is unknown or unmanaged in most orgs, has become an attractive target for attackers. So, why should you prioritize securing your SaaS attack surface in 2025? Here are 4 reasons. ‍ 1. Modern work runs on SaaS. When's the last time you used something other than a cloud-based app to do your work? Can't remember? You're not alone.  Outside of ...
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