Cyber Attacks and Data Breaches of 2023, and What They Can Teach Us

Introduction

So far in 2023, there have already been a significant number of cyber attacks; a reminder that businesses of all kinds need to be proactive about their cybersecurity. We kept track of over 100 major events that affected over 41.9 million users. This included a bold attempt to hold Ferrari for ransom, an attack on a Central European broadcaster that was motivated by politics, and a cyber incident that messed up a big pharmaceutical supply chain in Spain. Below, see a recap from each of these major cyber attacks, and the lessons we should learn from these incidents.

Ferrari Does Not Give in to Cyber Pressure

Ferrari was just recently a target of a large-scale cyber attack. Several of their IT systems were hacked, and the names, addresses, emails, and phone numbers of customers were made public.

Even though it’s not clear how many people were affected, Ferrari’s CEO, Benedetto Vigna, tried to calm the situation by saying that no private financial information or information about who owned the cars was involved. Strangely, the attackers asked for a ransom, but there’s no proof that ransomware was used to encrypt Ferrari’s systems.

In a statement, Ferrari said, “We will not give in to such demands because we do not want to help criminals.” Ferrari did the right thing by letting its customers know about the possible data leak.

The way Ferrari handled this cyber event should be a model for small and medium-sized businesses (SMBs): they didn’t give in to cyber threats and took steps to let customers know about the breach as soon as possible. It also shows how important it is to work with a reputable IT service company that focuses on security if you want to keep your systems strong.

Russian Hackers are Going After Skylink

A Russian hacker group used a DDoS attack against the Central European TV station Skylink. This caused problems with the website and online broadcasts, so customers couldn’t use its digital services.

A DDoS attack sends too many data packets to a computer, causing it to crash. Usually, this isn’t about stealing data, but rather about causing trouble, which is often done for political reasons. Given that Russia’s ties with the Czech Republic and Slovakia are tense, this attack could probably be seen as a cyber crime with a political goal.

Small and medium-sized businesses should see this as a clear sign that cyber risks can be caused by more than just money. This shows how important it is to protect all digital assets with thorough security steps, even when your systems aren’t holding financial or personal information.

Alliance Healthcare is Having Trouble With its Supply Chain

A cyber attack on Alliance Healthcare, a major pharmaceutical supply company, caused a lot of trouble for pharmacies all over Spain. This event showed that supply chain attacks on key sectors are becoming more likely.

The attack went on for more than two weeks and had a big impact on Alliance Healthcare’s supply systems, slowing down or even stopping some areas. Fortunately, patient’s personal information was not at risk, but the attack caused significant damage to Alliance Healthcare’s reputation, and cost them millions to correct the problem.

Conclusion

These events shows how important strong cybersecurity is, especially for small and medium-sized businesses (SMBs). Having your business work with a cybersecurity consultant that puts security first can help protect it from these kinds of cyber threats.

Every year, we see new reminders that cyber dangers are getting bigger and smarter. It shows that companies, especially small and medium-sized ones, need to invest in a strong security infrastructure. To schedule a consultation or a security audit of your systems, contact us today.

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Jason Fruge

Consulting Chief Information Security Officer (CISO)

Jason Fruge is an accomplished Consulting Chief Information Security Officer at Secutor Cybersecurity, bringing over 25 years of deep expertise in information security. His storied career includes leading and managing robust security programs for Fortune 500 companies across retail, banking, and fintech sectors. His current role involves providing strategic guidance and advisory services to clients, focusing on security governance, risk management, and compliance.

Apart from his consulting responsibilities, Jason is an active member of the global cybersecurity community. He is a Villager at Team8, a prestigious collective of senior cybersecurity executives and thought leaders. Additionally, he serves as an Advisor at NightDragon, an innovative growth and venture capital firm specializing in cybersecurity and enterprise technologies.

Jason’s tenure as a CISO is marked by a proven track record in developing and implementing comprehensive security policies and procedures. He adeptly leverages security frameworks and industry best practices to mitigate risks, safeguarding sensitive data and assets. His expertise encompasses incident response and root cause analysis, where he has notably managed cyber incidents to prevent breaches and minimize business disruption and customer impact.

A key aspect of Jason’s role has been the creation and facilitation of executive and board-level cyber risk committees, ensuring organizational alignment and awareness. His responsibilities have extended to maintaining compliance programs for standards such as PCI and SOX, as well as leading privacy and business continuity programs. Holding prestigious certifications like CISSP, QSA, and QTE, Jason is also a recognized thought leader, contributing articles on cybersecurity to InformationWeek.

Jason’s passion lies in driving innovation and fostering collaboration in the cybersecurity field. He is currently seeking an executive CISO role in a leading retail, finance, or fintech organization, where he can continue to make significant contributions to the cybersecurity landscape.

Jennifer Bayuk

Cybersecurity Risk Management Expert

Jennifer Bayuk is a highly esteemed cybersecurity risk management thought leader and subject matter expert at Secutor Cybersecurity. Her extensive experience encompasses managing and measuring large-scale cybersecurity programs, system security architecture, and a wide array of cybersecurity tools and techniques. Jennifer’s expertise is further deepened with her proficiency in cybersecurity forensics, the audit of information systems and networks, and technology control processes.

Jennifer’s skill set is comprehensive, including specialization in cybersecurity risk and performance indicators, technology risk awareness education, risk management training curriculum, and system security research. Her academic achievements are noteworthy, holding Masters degrees in Philosophy and Computer Science, and a Ph.D. in Systems Engineering. This strong academic background provides a solid foundation for her practical and strategic approach to cybersecurity challenges.

Certified in Information Systems Audit, Information Systems Security, Information Security Management, and IT Governance, Jennifer is a well-rounded professional in the field. Her credentials are further enhanced by her license as a New Jersey Private Investigator, adding a unique dimension to her cybersecurity expertise.

At Secutor, Jennifer plays a pivotal role in steering cybersecurity initiatives, aligning them with organizational risk appetites and strategic objectives. Her ability to educate and train in the realm of technology risk has been instrumental in raising awareness and enhancing the cybersecurity posture of our clients. Her dedication to research and continual learning makes her an invaluable resource in navigating the ever-evolving cybersecurity landscape.

Jennifer Bayuk’s blend of academic prowess, practical experience, and certifications make her an indispensable part of our team, as she continues to drive forward-thinking cybersecurity solutions and risk management strategies.

Steve Blanding

CISO Consultant

CISSP, CISA, CGEIT, CRISC

Steve is an IT management consultant living in Dallas, TX. Steve has over 35 years of experience in executive IT leadership, IT governance, risk and compliance (GRC), systems auditing, quality assurance, information security, and business resumption planning for large corporations in the Big-4 professional services, financial services, manufacturing, retail electronics, and defense contract industries. He has extensive experience with industry best practices for adopting and implementing new technologies, IT service management frameworks, and GRC solutions that have dramatically improved customer satisfaction while reducing cost.

Industry Experience

  • State Government: 5 years
  • Retail: 5 years
  • Defense Contract: 5 years
  • Manufacturing: 2 years
  • Health Care: 2 years
  • Local Government: 2 years
  • Public Accounting (Big 4): 7 years
  • Insurance: 3 years
  • Financial Services: 5 years

Key Career Accomplishments

  • Conducted a full-scale ISO27000 audit 4 times over the past 6 years.  Also, conducted a “light” ISO27000 review of a small Dallas-based company in 2007.
  • Developed and authored a comprehensive IT security policy manual, incident response plans, training programs, security contingency plans and configuration management plans for FedRAMP regulatory compliance.
  • Conducted multiple DR and operational backup and recovery IT risk assessments of critical business systems on mainframe, LAN, and distributed system networks located across North America.
  • Conducted data centers audits for Tyco Corporation (Brussels, 2005 and Denver, 2006), Farmers Insurance (Los Angeles, 2006), Zurich Financial Services (Chicago, Kansas City, and Grand Rapids, 2006), and Convergys Corporation (Dallas, 2010, 2011, and 2012).
  • Led a project to remediate segregation of duties and streamline user access system security and HIPAA compliance administration across 5 regions in North America, resulting in cost savings of $700,000 per year (Kaiser Permanente).
  • Implemented Sarbanes-Oxley Section 302 and 404 IT general and application controls, reducing security administration costs and improving operational performance by 50% or $500,000 annually (Tyco Corporation).
  • Led the global SAP business-IT alignment, process re-design implementation initiative for financial accounting, materials management, production planning, quality management, sales and distribution, warehouse management, and plant maintenance, which resulted in creating $2,000,000 in cost savings.
  • Engaged by Arthur Andersen in Houston to transform the local IT organization and then direct 3 organizational mergers/consolidations, which resulted in a 25% reduction in operating costs, or $3,250,000, while improving customer satisfaction by 30%, and improving employee morale, technology availability and the quality of IT infrastructure and service delivery.
  • Assigned by Arthur Andersen global leadership to lead global project teams responsible for data center and customer support call center consolidation, which resulted in annual operational cost savings of 45% or $4,000,000.
  • Implemented ITIL service management practices for problem management, incident management, help desk, project management, and operations management.
  • Conducted SOX 404 audits at Duke Energy (6 months), Red Hat (3 months), Tyco (9 months), Zeon Chemicals (4 months), and Convergys (2 months). Experience includes control design/documentation and effectiveness testing.

Publications:

Author, various articles in EDPACS and Auerbach’s IT Audit Portfolio Series, 1981 – 2001

Author, various articles in the Handbook of Information Security Management, 1993 – 1995

Editor, Auerbach’s Enterprise Operations Management, 2002

Editor, Auerbach’s IT Audit Portfolio Series, 2000 – 2002

Consulting Editor, Auerbach’s EOM Portfolio Series, 1998 -2001

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