Microsoft Convenes Asia Pacific Info-Sharing Council

Microsoft Convenes Asia Pacific Info-Sharing Council

Microsoft has launched a new public-private initiative across south-east Asia designed to improve cyber-threat response and share best practices across the region.

The Asia Pacific Public Sector Cyber Security Executive Council will bring together policymakers from government agencies alongside tech and industry leaders.

As of today, participating governments include Brunei, Indonesia, Korea, Malaysia, the Philippines, Singapore and Thailand.

Microsoft said the council would build on existing efforts to improve cybersecurity partnerships in the region, such as through the Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN) and the Global Forum on Cyber Expertise (GFCE).

Government members of the council will join a forum run by Microsoft with other industry advisors.

“The aim of the forum is to share best practices, learn from Microsoft security certification trainings, dedicated workshops, and hands-on lab sessions, with a goal of driving improvements to the digital skills of the workforce to reduce the talent gap in cybersecurity across the participating nations,” Microsoft noted.

“The members of the Asia Pacific Public Sector Cyber Security Executive Council will share experiences and knowledge relating to cyber-threats and will work to drive greater collaboration and cooperation between countries.”

The council will meet virtually every quarter to exchange information on cyber-threats and security solutions continually.

Such efforts have struggled in the past given APAC’s tremendous cultural, religious and economic diversity. Nevertheless, countries such as Singapore and Korea tend to be reasonably advanced in their cybersecurity capabilities.  

According to Microsoft, APAC organizations experience 1.6 times more malware and 1.7 times more ransomware than their counterparts in the rest of the world.

However, some pan-regional initiatives have been a success. Interpol announced last week that it managed to seize $83 million headed for the bank accounts of cyber-criminals.

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Meat Processing Giant JBS Pulls IT Plug After Cyber-Attack

Meat Processing Giant JBS Pulls IT Plug After Cyber-Attack

The world’s largest meat processor has been forced to cut critical servers after an organized cyber-attack on its IT systems.

Sao Paolo-headquartered JBS said in a statement today that its US division detected the attack on Sunday. The attack purportedly affected some of the servers used to power its North American and Australian IT systems.

“The company took immediate action, suspending all affected systems, notifying authorities and activating the company’s global network of IT professionals and third-party experts to resolve the situation,” JBS added.

“The company’s backup servers were not affected, and it is actively working with an incident response firm to restore its systems as soon as possible.”

JBS said that the attackers did not steal any customer, supplier or employee data, but warned that getting systems back on track will take time — which in turn could “delay certain transactions with customers and suppliers.”

Disruption is already occurring in Australia, with reports suggesting that beef and lamb kills across the country were cancelled. Operationally, IT systems play a vital role in managing the continuous movement of cattle from onboarding to slaughter.

It’s unclear exactly what kind of cyber-attack affected the company. Still, ransomware would be a prime suspect, given the need to take  servers offline and the possibility of data theft.

With global revenue exceeding $50 billion last year, JBS is a candidate for extortion by the growing group of ransomware-as-a-service (RaaS) affiliates targeting large multi-nationals with sophisticated multi-stage attacks.

Scott Nicholson, co-CEO at cybersecurity consultancy Bridewell Consulting, argued that the cost of disruption to the firm would be significant, even if no data was stolen.

“This should act as a reminder to all companies of the importance of cybersecurity and protecting digital infrastructure,” he added.

“Even the largest corporations are susceptible to attacks, so there’s no room for complacency. All organizations must take steps to protect their systems and ultimately customer data, or risk putting their reputation and customer safety at risk.”

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Interpol Seizes $83 Million Headed for Online Scammers

Interpol Seizes $83 Million Headed for Online Scammers

Global police have concluded a months-long campaign in which they seized $83 million in funds headed for the bank accounts of cyber-criminals and scammers.

Interpol said that 40 officers from across APAC participated in the HAECHI-I operation over a six-month period. It focused specifically on investment fraud, romance scams, money laundering associated with illegal online gambling, online sextortion and voice phishing (vishing).

All have become major money-makers for threat actors of late. Romance and investment fraud were the number two and three earners last year, leading to combined losses of nearly $937 million, according to the FBI. Extortion ($71 million) and phishing and its variants ($51 million) were also high-up on the list.

Interpol claimed late last week that nearly two-thirds (64%) of the 1400 cases opened as part of HAECHI-I have been solved, with many others ongoing.

Some 585 individuals were arrested and over 1,600 global bank accounts frozen as part of the operation.

Interpol highlighted two particularly successful investigations: one involving a business email compromise (BEC) attempt when scammers impersonated a Korean company’s trading partner requesting payments amounting to nearly $7 million. Half of these were intercepted and frozen, the policing group said.

In another case, an organized crime gang ran a classic “pump-and-dump” scheme by buying up cheap stocks, promoting them on social media to drive the price up and then selling them. Interpol claimed its rapid response led to the freezing of the fraudulent trading accounts and recovery of most victims’ money.

“The key factors in intercepting illicit money transfers are speed and international cooperation,” said Amur Chandra, brigadier general of the Indonesian National Police and secretary of Indonesia’s Interpol National Central Bureau.

“The faster victims notify law enforcement, the faster we can liaise with Interpol and law enforcement in the relevant countries to recover their funds and put these criminals behind bars.”

HAECHI-I is the first in a three-year project to disrupt online financial crime, backed by the Korean government and featuring the participation of Cambodia, China, Indonesia, Korea, Laos, The Philippines, Singapore, Thailand, and Vietnam.

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A Safer Internet for You, Your Family, and Others Too

With so many of us relying on the internet in ways we simply haven’t before, it follows that a safer internet is more important than ever before too 

June marks Internet Safety Month, a time where we can look back at the past year and realize that the internet was more than just a coping mechanism during the pandemic, it evolved into a survival tool.  

Our research published earlier this year showed how. It found that we relied heavily on the internet for our banking, personal finance, shopping, and even healthcare—not to mention the ways we worked, studied, and kept in touch with each other online during the pandemic. For millions of families globally, the internet was their connection to the rest of the world. 

None of that would have been possible without a safer internet that we can trust. The truth is, part of creating a safer internet rests with us—the people who use it. When we take steps to protect ourselves and our families, we end up helping protect others as well. How we act online, how we secure our data and devices, how we take responsibility for our children, all of it affects others.  

Here are just a few ways you can indeed make a safer internet for your family, and by extension, safer for others too: 

1. Protect all your devices from hacks, attacks, and viruses 

Start with the basics: get strong protection for your computers and laptops. And that means more than basic antivirus. Using a comprehensive suite of security software like McAfee® Total Protection can help defend your entire family from the latest threats and malware, make it safer to browse, help steer you clear of potential fraud, and look out for your privacy too. 

Protecting your smartphones and tablets is a must nowadays as well. We’re using them to send money with payment apps. We’re doing our banking on them. And we’re using them as a “universal remote control” to do things like set the alarm, turn our lights on and off and even see who’s at the front door. Whether you’re an Androidowner or  iOS owner, get security software installed on your smartphones and tablets so you can protect all the things they access and control. 

Another thing that comprehensive security software can do is create and store unique passwords for all your accounts and automatically use them as you surf, shop, and bank. Further, it can keep those passwords safe—unlike when they’re stored in an unprotected file on your computer, which can be subject to a hack or data loss—or sticky notes that can simply get lost. 

2. Check your child’s credit (and yours too) 

With stories of data breaches and identity theft making the news on a regular basis, there’s plenty of focus on thethings we can do to protect ourselves from identity theft. However, children can be targets of identity theft as well. The reason is, they’re high-value targets for hackers. Their credit reports are clean, and it’s often years before parents become aware that their child’s identity was stolen, such as when the child enters adulthood and rents an apartment or applies for their first credit card. 

One way you can spot and even prevent identity theft is by checking your child’s credit report. Doing so will uncover any inconsistencies or outright instances of fraud and put you on the path to set them straight. In the U.S., you can do this for free once a year. Just drop by the FTC website for details on your free credit report. And while you’re at it, you can go and do the same for yourself. 

You can take your protection a step further by freezing your child’s credit.A freeze will prevent access to your child’s report and thus prevent any illicit activity. In the U.S., you’ll need to create a separate freeze with each of the three major credit reporting agencies (Equifax, Experian, and TransUnion). It’s free to do so, yet you’ll have to do a little legwork to prove that you’re indeed the child’s parent or guardian. 

3. Smartphone safety for kids 

Smartphone safety for kids is a blog topic in itself. Several topics, actually—such as when it’s the “right” time to get a child their first smartphone, how they can stay safe while using them, placing limits on their screen time, and so on. 

Taking it from square one, make sure that all your smartphones are protected like we called out above—whether it’s yours or your child’s. From there, there are eight easy steps you can take to hack-proof your family’s smartphones, such as juicing up your passwords, making sure the apps on them are safe and setting your smartphone to automatic updates. 

If you’re on the fence about getting your child their first smartphone, you’re certainly not alone. So many parents are drawn to the idea of being able to get in touch with their children easily, and even track their whereabouts, yet they’re concerned that a smartphone is indeed too much phone for younger children. They simply don’t want to expose their children to the broader internet just yet.  

The good news is that there are plenty of smartphone alternatives for kids. Streamlined flip phones are still a fine option for parents and kids, as are cellular walkie-talkies and new lines of devices designed specifically with kids in mind. 

And if you’re ready to make the jump, check out our tips for keeping your child safe when you purchase their first smartphone. From basic security and parental controls to keeping tabs on your child’s activity and your role in keeping them safe, this primer makes for good reading, and good sharing with other parents too, when you get serious about making that purchase. 

4. Know the signs of cyberbullying 

Cyberbullying is another broad and in-depth topic that we cover in our blogs quite often, and for good reason. Data from the Cyberbullying Research Center shows that an average of more than 27% of kids have experienced cyberbullying over the past 13 years. In 2019, that figure was as high as 36.5%. Without question, it’s a problem. 

What exactly is cyberbullying? Stopbullying.gov defines it as: 

Cyberbullying is bullying that takes place over digital devices like cell phones, computers, and tablets. Cyberbullying can occur through SMS, Text, and apps, or online in social media, forums, or gaming where people can view, participate in, or share content. Cyberbullying includes sending, posting, or sharing negative, harmful, false, or mean content about someone else. It can include sharing personal or private information about someone else causing embarrassment or humiliation. 

Part of the solution is knowing how to spot cyberbullying and likewise taking steps to minimize its impact if you see it happening to your child or someone else’s. The important thing is to act before serious damage sets in or even a criminal act can occur. 

The painful truth is that someone’s child is doing the bullying, and what could be more painful than finding out your child is doing the bullying? If you suspect this is happening, or have seen evidence that it’s indeed happening, act right away. Our article “Could Your Child (Glup) be the One Cyberbullying,” outlines ten steps you can take right away. 

If you’ve taken steps to solve a situation involving cyberbullying and nothing has worked, know there are cyberbullying resources that can help. Likewise, don’t hesitate to contact your child’s school for assistance. Many schools have policies in place that address cyberbullying amongst their students, whether the activity occurred on campus or off. 

5. Internet ethics 

With all the emphasis on technology, it’s easy to forget that behind every attack on the internet, there’s a person. A safer internet relies on how we treat each other and how we carry ourselves on the internet (which can be quite different from how we carry ourselves in face-to-face interactions). 

With that, National Internet Safety Month presents a fine opportunity to pause and consider how we’re acting online. Very Well Family put together an article on internet etiquette for kidswhich covers everything from the online version of “The Golden Rule” to ways you can steer clear of rudeness and drama. 

Granted, we can’t control the behavior of others. Despite your best efforts, you or your children may find themselves targeted by poor or hurtful behavior online. For guidance on how to handle those situations, check out our article oninternet trolls and how to handle themThere’s great advice in there for everyone in the family. 

Internet safety begins with us 

If we didn’t know it already, the past year proved that a safer internet isn’t a “nice to have.” It’s vital—a trusted resource we can’t do without. Take time this month to consider your part in that, what you can do to make your corner of the internet safer and a thriving place that everyone can enjoy. 

Stay Updated  

 To stay updated on all thingsMcAfee and on top of the latest consumer and mobile security threats, follow@McAfee_Home on Twitter, subscribe to ournewsletter, listen to our podcastHackable?, and ‘Like’ us on Facebook.  

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