Ecsc Share Discussion Threads

[jamesd888] 28/6/2017 10:07

cyber attacks are not going to go away..everyone needs an extra layer of security...ECSC will continue to grow...upwards and onwards...great time to buy

[jamesd888] 28/6/2017 09:34

expect Daily Mail to tip this over the weekend

[jamesd888] 28/6/2017 09:07

Companies across the globe are reporting that they have been struck by a major ransomware cyber-attack.
British advertising agency WPP is among those to say its IT systems have been disrupted as a consequence.
The virus, the source of which is not yet known, freezes the user's computer and demands an untraceable ransom be paid in the digital Bitcoin currency.
Ukrainian firms, including the state power company and Kiev's main airport, were among the first to report issues.
The Chernobyl nuclear power plant has also had to monitor radiation levels manually after its Windows-based sensors were shut down.
Interpol involvement
In a statement, the US National Security Council said government agencies were investigating the attack and that the US was "determined to hold those responsible accountable".
The US Department of Homeland Security advised victims not to pay the ransom, saying there was no guarantee that access to files would be restored.
The Russian anti-virus firm Kaspersky Lab said its analysis showed that there had been about 2,000 attacks - most in Ukraine, Russia and Poland.

Media captionWhat is ransomware?
The international police organisation Interpol has said it was "closely monitoring" the situation and liaising with its member countries.
Experts suggest the malware is taking advantage of the same weaknesses used by the WannaCry attack last month.
"It initially appeared to be a variant of a piece of ransomware that emerged last year," said computer scientist Prof Alan Woodward.
"The ransomware was called Petya and the updated version Petrwrap.
"However, now that's not so clear."
The malware hall of fame
What can you do to protect your business?
Kaspersky Lab reported that it believed the malware was a "new ransomware that has not been seen before" despite its resemblance to Petya.
As a result, the firm has dubbed it NotPetya. Kaspersky added that it had detected suspected attacks in Poland, Italy, Germany, France and the US in addition to the UK, Russia and Ukraine.
Andrei Barysevich, a spokesman for security firm Recorded Future, told the BBC such attacks would not stop because cyber-thieves found them too lucrative.
"A South Korean hosting firm just paid $1m to get their data back and that's a huge incentive," he said. "It's the biggest incentive you could offer to a cyber-criminal."
A bitcoin wallet associated with the outbreak has received several payments since the outbreak began. The wallet currently holds just over 3.5 bitcoins (£6,775; $8,670).
Cyber-attack: Is my computer at risk?
WannaCry: Your questions answered
An email address associated with the blackmail attempt has been blocked by German independent email provider Posteo.
It means that the blackmailers have not been able to access the mailbox.
Problems have also affected:
the aircraft manufacturer Antonov, and two postal services
Russia's biggest oil producer, Rosneft
Danish shipping company Maersk, including its container shipping, oil, gas and drilling operations. A port in Mumbai is among those that has halted operations
a Pennsylvania hospital operator, Heritage Valley Health System, which reported its computer network was down, causing operations to be delayed - but it is not yet clear if it was subject to the same type of attack
Spanish food giant Mondelez - whose brands include Oreo and Toblerone - according to the country's media. A Cadbury factory in Tasmania, Australia is affected
Netherlands-based shipping company TNT, which said some of its systems needed "remediation"
French construction materials company St Gobain
US pharmaceuticals-maker Merck
The local offices of the law firm DLA Piper - a sign in the firm's Washington DC office said: "Please remove all laptops from docking stations and keep turned off - no exceptions."
The attacks come two months after another global ransomware assault, known as WannaCry, which caused major problems for the UK's National Health Service.
Veteran security expert Chris Wysopal from Veracode said the malware seemed to be spreading via some of the same Windows code loopholes exploited by WannaCry. Many firms did not patch those holes because WannaCry was tackled so quickly, he added.
NCA tweet reads: Image copyrightTWITTER/@NCA_UK
Image caption
The UK's National Crime Agency is investigating the threat
Those being caught out were also industrial firms that often struggled to apply software patches quickly.
"These organisations typically have a challenge patching all of their machines because so many systems cannot have down time," he said. "Airports also have this challenge."
Ukraine's deputy prime minister tweets a photo appearing to show government systems being affected, with the caption Image copyrightTWITTER/@ROZENKOPAVLO
Ukraine seems to have been particularly badly hit this time round.
Reports suggest that the Kiev metro system has stopped accepting payment cards while several chains of petrol stations have suspended operations.
Ukraine's deputy prime minister has tweeted a picture appearing to show government systems have been affected.
His caption reads: "Ta-daaa! Network is down at the Cabinet of Minister's secretariat."

[jamesd888] 28/6/2017 08:56

Maersk hit by cyber attack


With a fleet of more than 600 container vessels, Maersk is the world's biggest shipping company with a market share of around 16 per cent. The company handles around 25 per cent of all containers shipped on the key Asia-Europe route.
Maersk's port operator APM Terminals was also hit, with Dutch broadcaster RTV Rijnmond reporting that 17 shipping container terminals run by APM Terminals had been hacked, including two in Rotterdam and 15 in other parts of the world.

[hazl] 28/6/2017 08:30

thanks James

[jamesd888] 28/6/2017 08:26

Petya cyber attack: What's going on with the latest ransomware virus?
By Jessica Haynes
Updated about an hour ago

Hacker generic image
PHOTO: The Petya cyber attack is expected to hit Australia. (AAP: Dave Hunt)
RELATED STORY: Global ransomware attack affects Australian workersRELATED STORY: So you've been hacked. Here's what to do nextRELATED STORY: 'Biggest ransomware outbreak in history' hits nearly 100 countriesRELATED STORY: A cyber attack could cause the next global financial crisis
MAP: European Union
A massive ransomware attack has hit computers and servers across the globe causing turmoil in its path.

Could you be affected? Here's what we know so far.

How did it start?

The attack first shut down operations in Russia — including at Russia's biggest oil company — and Ukraine before spreading to computers in Romania, the Netherlands, Norway, France, Spain, and Britain.

In a matter of hours, the attack had gone global, hitting the US and India.

Now, it's also understood some businesses in Australia — including the Cadbury chocolate factory in Hobart — are also affected.

Key points:

The attack first shut down operations in Russia and Ukraine before going global
Experts are scrambling to determine the scope and impact of the attacks
It is believed the latest attack might be a ransomware virus called Petya
How does it work?

It's believed the latest attack might be a ransomware virus called Petya and hidden in an innocuous document sent through email.

It freezes a user's computer until a "ransom" is paid in virtual currency bitcoin.

The director of the Australian Centre for Cyber Security at UNSW, Professor Jill Slay, said the attack seemed to be in Europe, Russia and reaching the US.

"It spreads apparently by having a 'bad' instruction — like a small piece of computer code — hidden inside a Word or PDF document," Professor Slay said.

"This bad instruction attacks a Windows operating system basically taking over a computer — in this case it seizes the files and encrypts them and then the bad guys ask for money to decrypt — this means you cannot open or read your own files."

It's also been suggested to have used the same tactics as the Wannacry attack last month.

[timbo003] 28/6/2017 08:24

I went to the AGM on Friday, which had a very insightful Q&A session, I will write up a few notes later today.

[jamesd888] 28/6/2017 08:07

can we see 6.00-7.00 today on this new latest cyber security attack

[jamesd888] 28/6/2017 08:05

A global cyber attack is taking place right now....good time to buy.....will multi-bag

[spittingbarrel] 27/6/2017 20:44

Thanks bamboo2

[bamboo2] 27/6/2017 17:10

The potential turn I was alluding to earlier is the apex of the two main upper and lower trend-lines, which falls between 27/28 June 2017. Uncanny.

It is also 15 sessions since the last downtrend completed on 6/6/17.

The chart shows a cycle, each of 15 sessions long on three previous occasions.

[bamboo2] 27/6/2017 17:00

Just seen this...

Companies across the globe are reporting that they have been struck by a major ransomware cyber-attack.
British advertising agency WPP is among those to say its IT systems have been disrupted as a consequence.
Ukrainian firms, including the state power distributor and Kiev's main airport were among the first to report issues.
Experts suggest the malware is taking advantage of the same weaknesses used by the Wannacry attack last month.

[bamboo2] 27/6/2017 14:43

Potential turn in the latter half of the week. Cant be certain on direction as share price has been flat, but reckon up more likely than down, as we sit on the previously tested support zone, 395-400.

[hazl] 20/6/2017 14:25

The thing I take away from the above is of course the absolute need for cyber-security to be addressed but of course to be aware that the speaker would emphasise ETF'S because that is his field.
I personally feel it is important to find the better firms if you can and then
judge it as time goes on.

[bamboo2] 15/6/2017 20:29

University College London, one of the world's leading universities, has been hit by a major cyber-attack.
The university describes it as a "ransomware" attack, such as last month's cyber-attack which threatened NHS computer systems.
The attack was continuing on Thursday, with access to online networks being restricted.
The university has warned staff and students of the risk of data loss and "very substantial disruption".
University College London (UCL) is a "centre of excellence in cyber-security research", a status awarded by the GCHQ intelligence and monitoring service.
The central London university, ranked last week in the world's top 10, says that a "widespread ransomware attack" began on Wednesday, using so-called "phishing" emails, with links that would download destructive software.

[hazl] 14/6/2017 11:31

A bit of attention here as tech seems to be making a bit of a recovery.

[hazl] 08/6/2017 16:06

OT
Aplogises just in response to above.

[bigt20] 08/6/2017 14:26

O/T excuse me for posting this here but I think the following is important to an awful lot of people if Labour are elected:



I hope the labour supporters listen to David Lammy's idea regarding the basing of council tax on land values (22 mins into Daily politics on the 7/6/17):




How on earth does he expect people on modest incomes to pay their council tax if it goes up by a factor x 3?

Anybody trying to bring this in will have the same response as the Poll Tax.

[hazl] 08/6/2017 14:25

Sorry here but visitors today!

[ali47fish] 08/6/2017 10:41

where are you hazl- this one is now going back up again- waht do you think?

[ali47fish] 07/6/2017 15:07

is this the bottom of this fall now- it would help to know when to add to this?