Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

CYBER ATTACK: The risk ransomware can pose to critical national industrial infrastructure

Published

on

In the wake of a cyberattack that took one of America’s most important gas and diesel pipelines offline, energy CEOs and government organisations are being urged to step up their game.

Even though… the pipeline hackers ‘didn’t mean to create problems’

This is the worst cyberattack on US infrastructure in history and probably the most disruptive too.

A criminal group from Russia who call themselves the ‘Darkside” is believed to be behind the ransomeware cyberattack, that shut down Colonial pipeline’s entire network.

Darkside hacking group

Darkside is a unique yet professional hacking group. They run their ransomware as a service business. The FBI released a statement that Darkside (or their client) was involved in the most recent hack in Colonial Pipeline.

Darkside claims to donate a portion of their bounty to charity and say they don’t want to cause problems for society. Recently, they released a statement saying they’re apolitical.

Never meant to cause chaos?

“We do not participate in geopolitics, do not need to tie us with a defined government and look for… our motives,” the group said.

The group also indicated it had not been aware that Colonial was being targeted by one of its affiliates, saying: “From today, we introduce moderation and check each company that our partners want to encrypt to avoid social consequences in the future.”

The FBI has been tracking this group for the past 7 months, but In robin-hood style, the group says that it never meant to cause chaos.

They only every wanted money… in a sign that the original plan went wrong. 

The pipeline carries nearly half the fuel consumed along the U.S. East Coast.

American Airlines is the first U.S. airline to report an impact from the attack, requiring passengers to change planes, for some long-haul flights across the country.

Homeland security says investigations are ongoing.

The attack involved almost 100 gigabytes of data and forced the US government to declare a state of emergency. 

Energy CEO’s and government organisations are being urged to step up their game…and review their security protocols.

This is definitely a wake-up call to corporate giants, not only in America, but around the world too.

The recent cyber attack on the US’ largest fuel pipeline has shown how we are all vulnerable to hackers.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

UK police seek former aides’ insights on Prince Andrew

UK police contact ex-protection officers of Prince Andrew amid misconduct investigation linked to Jeffrey Epstein allegations

Published

on

UK police contact ex-protection officers of Prince Andrew amid misconduct investigation linked to Jeffrey Epstein allegations

video
play-sharp-fill
In Short:
– Police seek former protection officers of Prince Andrew for info on alleged Epstein-related offences.
– Authorities consider removing Mountbatten-Windsor from royal succession after investigation conclusions.
British police are reaching out to former protection officers of Prince Andrew Mountbatten-Windsor following his recent arrest related to allegations of misconduct in a public office.
The police have urged anyone with information about potential sex offences connected to Jeffrey Epstein to come forward.Authorities are considering legislative measures to remove Mountbatten-Windsor from the royal succession line once the investigation concludes. Any changes would require consultation with other realms where King Charles is head of state.

Banner

The recent allegations stem from claims that Mountbatten-Windsor shared confidential government documents with Epstein during his time as a trade envoy. The London Metropolitan Police is now identifying former officers who may assist in the ongoing investigation and has encouraged them to share any pertinent information.

Mountbatten-Windsor has denied wrongdoing in the Epstein matter.

In 2022, he settled a civil lawsuit filed in the U.S. by Virginia Giuffre, who accused him of sexual abuse. Reports indicated he paid her approximately £12 million, a claim he denies.

Police Investigation

London authorities are reassessing previous decisions not to pursue criminal investigations related to Epstein’s activities.

Recent document releases from the U.S. government have prompted police to explore allegations of human trafficking involving Epstein at UK airports.

Police have been actively searching Mountbatten-Windsor’s residences as part of their investigation. His arrest marks an unprecedented event in modern royal history, raising significant public interest and concern in various countries.


Download the Ticker app

Continue Reading

News

Supreme Court strikes down Trump’s tariffs, plans 10% global levy

Trump vows new 10% global tariff after Supreme Court rules against his previous tariffs, calling the decision ‘deeply disappointing’

Published

on

Trump vows new 10% global tariff after Supreme Court rules against his previous tariffs, calling the decision ‘deeply disappointing’

video
play-sharp-fill
In Short:
– The U.S. Supreme Court has ruled that Trump lacks authority for tariffs without Congress support.
– Over 1,000 refund lawsuits from importers complicate the tariff issue, particularly for smaller businesses.
The U.S. Supreme Court has ruled against President Donald Trump’s tariff policies, stating he lacks the authority to impose tariffs without clear congressional support. Trump expressed disappointment and plans to implement a new 10% global tariff under different legal provisions.
Economists estimate more than $175 billion is at risk of refunds related to previously established tariffs, with potential litigations expected to last several years.Trump’s administration faces over 1,000 refund lawsuits from importers in the Court of International Trade, which ruled it can grant refunds to affected businesses. Each importer may need to pursue individual lawsuits, complicating the process, especially for smaller businesses that could find the financial burden prohibitive.

Banner

Learning Resources Inc., a toy company led by Rick Woldenberg, has contested these tariffs, potentially qualifying for refunds. Woldenberg hopes the Supreme Court ruling will initiate reflection on necessary economic adjustments.

Economic Impact

Economists suggest consumers may not notice significant changes due to persistent tariffs on numerous products. U.S. Treasury estimates predict the deputy’s revenue will remain largely unchanged despite Trump’s new plans to increase tariffs through other channels, specifically under Sections 122 and 301 of the Trade Act.

Trump’s forthcoming address to Congress is expected to address the implications of this ruling, which notably undermines a fundamental aspect of his trade agenda.

Despite past assurances regarding reform, uncertainties remain for both businesses and consumers as the administration explores future tariff strategies.


Download the Ticker app

Continue Reading

News

Bill Gates withdraws from India AI Impact Summit before keynote

Bill Gates withdraws from India’s AI Impact Summit amid renewed scrutiny over past ties to Jeffrey Epstein.

Published

on

Bill Gates withdraws from India’s AI Impact Summit amid renewed scrutiny over past ties to Jeffrey Epstein.

Bill Gates has withdrawn from India’s AI Impact Summit just hours before his keynote, as scrutiny grows over his past ties to Jeffrey Epstein following the release of US Justice Department emails.

The summit has faced criticism over organisational issues and traffic disruptions, drawing attention away from its mission. Despite the chaos, it has secured over $200 billion in investment commitments, including a major pledge from Reliance Industries.

Indian Prime Minister Narendra Modi used the platform to stress the importance of protecting children in the rapidly evolving world of AI.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Trending Now