Security News for the Week Ending January 28, 2022

Biden May Use China Rule on Russia if it Invades Ukraine

This COULD be a bluff, but the administration may use the foreign direct product rule on Russia, like they did on Huawei, if Russia invades Ukraine. Depending on how it is used, it could have crushing implications on anything in Russia that uses microchips. When used against one company in China, Huawei, it reduced their revenue by 30 percent. If it used against a country, it could be worse. This could be a threat, but no one knows if a threat could be real. Credit: WaPo

The Donald Trump Virus

No, this has nothing to do with Covid. The Donald Trump Packer malware delivers both remote access trojans (RATs) and other infostealers. It gets its name from a hard coded password named after Trump. The malware is called DTPacker. The campaign is active and has used fake British football web sites, among others, to deliver its malware. Credit: Threat Post

Let’s Encrypt to Revoke 2 Million Certificates Today

Let’s Encrypt found two bugs in their certificate issuing software and as a result, they will revoke about 2 million certificates on Friday the 28th. That number represents about 1 percent of the active Let’s Encrypt certificates so, while it is a large number, it is a small percentage. Users who are affected will get an email and will have to renew their certificates. This is NOT the result of a breach or a hack, just them being extra cautious. Credit The Register

Microsoft Mitigates Largest DDoS Attack Ever Reported

Microsoft says its Azure DDoS protection platform stopped a 3.47 terabit per second attack last November. This translated to 340 million packets per second. The attack came from about 10,000 computers in multiple countries and used multiple techniques. Can your infrastructure handle this? Credit: Bleeping Computer

World Economic Forum Says it Takes 9 Months to Identify and Respond to a Cyberattack

In 2021 ransomware attacks rose by 151%. Each successful attack cost the company $3.6 million, on average. The Forum says that even after 6 month of a breach becoming public, company share price underperforms the NASDAQ by -3%. More concerning, on average, companies need NINE MONTHS to identify and respond to a cyberattack. Read the details at Cybernews

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