Monster data compromised, Wikipedia DDoSed and New Zealand sees its highest ever losses from Cybercrime

Another week, another load of cybersecurity breaches. This time Monster and Wikipedia top the headlines and New Zealand has reported its highest ever losses as a result of cybercrime.

Recruitment website Monster found itself in hot water after it was revealed that a third-party client had left sensitive data on an unsecured web server. Documents including CVs belonging to an as yet undisclosed number of job seekers were left unprotected.

Monster however, say that they’re not to blame and passed the buck onto one of its third-party customers.

“We alerted the customer and the customer immediately resolved the issue. As a result of this incident, we have terminated the customer’s contract,” said Monster’s chief privacy officer in a statement.

It is unclear whether the data contained the details of EU citizens or falls under GDPR.

The incident isn’t the first time Monster has been in the headlines for the wrong reasons when it comes to cybercrime. Back in 2007 the personally identifiable information of 1.3 million of its users were stolen by hackers, and in 2009 it was hacked again, that time 4.5 million details were stolen.

Do you know your third-party risk?

Wikipedia knocked offline

Elsewhere, Wikipedia was knocked offline in several countries including the UK, Italy, Germany, Norway, Russia, Greece, Saudi Arabia and Belarus over the weekend following a DDoS attack. 

img1

The number of DDoS-for-hire services has soared in recent years and often these services offer attacks between 10 and 100 Gbps for a modest fee. A report published by Kaspersky earlier this year showed that the threat from such attacks is growing with the number forecast to reach 17 million globally by 2020.

Kiwis suffer worst ever losses to cybercrime 

There was also some grim reading out of New Zealand after the nation’s government published a report that showed that the country suffered its highest ever financial losses as a result of cybercrime.

The New Zealand national Computer Emergency Response Team (CERT NZ) said that $6.5 million in direct financial losses was recorded in the second quarter of 2019. The data also showed a major increase in the number of cyberattacks impacting the country’s businesses and individuals’ quarter-on-quarter with 1,197 incidents reported. Ransomware attacks increased by 38% on a quarter-on-quarter basis as that form of malware sees a return in popularity amongst cybercriminals. Fraud and scams also saw a 38% increase as phishing campaigns and scams on buy and selling websites also rose.

By doing the cyber basics a business and individuals can greatly reduce these risks. Read more here.

For Further Reading

In charge of cybersecurity? Take Control of what you’ve inherited

The importance of Patching in Cybersecurity

3 Reasons why Cyber security is a Business Enabler

Follow us on FacebookTwitter and LinkedIn and sign up to our newsletter

Want to try CyberScore? Click here for a free trial - https://xqcyber.com/registration/new