Crossroads Blog | Institute National Security and Counterterrorism

critical infrastructure, cyber attack, Cybersecurity, Data Breaches, Iran

Cyber Round Up: Iranian Cyberattack on NY Dam was “Shot Across the Bow”, Possible AMEX Data Breach, Are Data Breaches on the Rise?

  • Senator Schumer: Iranian Cyberattack on New York Dam Was “Shot Across the Bow” (TheTower.org): A recent article in the Tower.org states that Senator Chuck Schumer (D-N.Y.) equated the Iranian cyberattack on a dam just outside New York City as a “shot across the bow”.  According to the article, Cylance (a cybersecurity firm) indicated that Iranian hacking efforts have continued at a steady rate in spite of the diplomatic outreach and the US-Iran nuclear deal.  Cylance also released a report in 2014 that indicated that Iranian hackers have taken control of security systems in Saudi Arabia, Pakistan, and South Korea, according to the article.  The article can be found here.
  • AMEX Investigates Possible Data Breach (InfoSecurity): According to an article in InfoSecurity Magazine, American Express is looking into a potential data breach of a third-party service provider in California.  Some of the compromised data may include: account numbers, names, expiration dates and “other information”, according to the article.  The article does state that AMEX Chief Privacy Officer Stefanie Ash has advised that AMEX systems were not compromised and this was merely a third-party service provider that was impacted.   The full article is here. [Editor’s Note: The Home Depot breach was effected by hackers that obtained stolen credentials via a third party; additionally, the Target data breach utilized a link to Target systems from a third-party HVAC contractor].
  • Security Researchers Claim that rate of Data Breaches is Steady (eWeek): According to this article, researchers at Stanford’s School of Management Science and Engineering  analyzed information on over 1,100 cybersecurity incidents from the US Dept. of Energy over the last four years and concluded that neither the frequency nor magnitude of data breaches was increasing.  The article also points to a study by the University of New Mexico which analyzed 10 years of breach data and found no increase in size or frequency of data breaches during that period.  However, the article also notes that the company that collects the greatest amount of breach data, Verizon, reported a significant spike in 2014 with an expectation of similar results for 2015.  The full article can be found here.

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