DarkSide Ransomware as a Service | Financial Times


This article is an on-site version of our #techFT newsletter. Sign up here to receive the full newsletter straight to your inbox every day of the week.

Hacking is a form of remote working that has flourished in the pandemic, in part because it takes advantage of the backs of many non-hackers working from home.

Security experts believe those behind the ransomware attack that shut down a vital US pipeline would have found plenty of entry point possibilities thanks to engineers accessing its control systems remotely.

The Colonial pipeline – the country’s largest pipeline for refined products, carrying nearly half of the fuel consumed on the East Coast – was shut down over the weekend after its operator said it was “the victim of a fire attack. cybersecurity ”.

The U.S. government has since enacted emergency powers in an attempt to keep fuel lines open as fears of shortages grew. Gasoline prices rose sharply when negotiations reopened on Sunday.

DarkSide, the hacker group blamed for the attack, appears to have been taken aback by the creation of a national emergency, insisting in a statement that it only wanted to make money and regretted “creating trouble.” for the society”. He called himself “apolitical” and tried to blame the attack on the “partners” who had used his technology.

As Tim Bradshaw and Hannah Murphy explain, DarkSide became one of the main ransomware teams last August and is said to be run from Russia by an experienced team of online criminals.

Brett Callow, analyst at cybersecurity group Emsisoft, says the group rents its services on the dark web. “DarkSide is a ransomware as a service. I’m assuming the attack on Colonial was carried out by an affiliate and the group is concerned about the level of attention it has received.

No publicity is bad publicity, the saying goes, but while Colonial can be a great advertisement for how DarkSide can encrypt and lock down systems for financial gain, it is also likely to make it a great target for. the Biden administration because it increases its response to cybersecurity threats.

The Internet of (five) things

1. Facebook to move forward with Instagram for kids
The social network said it will go ahead with plans to launch a version of its Instagram photo app for under-13s. In a letter to Mark Zuckerberg, 44 attorneys general had called on Facebook to drop plans to launch Instagram for those under 13, citing fears that social media was having a detrimental effect on children’s well-being.

2. Concerns of think tanks on NHS Digital
NHS Digital, the data and IT systems provider for England’s health service, has been accused by a think tank of a potential conflict of interest after paying 15% of its budget in one year to Accenture, the firm board where two of its board members have worked previously. Meanwhile, Madhumita Murgia reports that after more than a year of diverting huge resources to fight the coronavirus, the NHS is deploying new artificial intelligence tools as it struggles to cope with the enormous backlog of patients whose medical care has been sidelined by the crisis.

Daily newsletter

#techFT brings you news, commentary and analysis on the big companies, technologies and issues shaping this fastest moving industries from specialists based around the world. Click here to get #techFT delivered to your inbox.

3. The “Web 3.0” cryptographic platform is ready to be launched
One of the most ambitious and delayed cryptocurrency projects is finally set to see the light of day, amid signs it could add a new twist to the digital asset speculative frenzy when trading officially begins on Monday. Dfinity is set to launch what it calls the “Internet Computer,” a group of technologies to support a new generation of decentralized applications and services being developed in the blockchain world.

4. CEO ode sends Meituan crashing down
Chinese food delivery app Meituan’s share price fell 10% on Monday after its chief executive posted an old poem that investors interpreted as criticizing President Xi Jinping. Meituan is currently the subject of an antitrust investigation by the Chinese government for abuse of dominant position in the market.

5. Fantasy finance triggers real-world lawsuits
Lex looked at the implications of gamers increasingly spending fiat currency to acquire virtual currencies to purchase weapons, skins, and other items: to the tune of $ 129 billion this year, SuperData estimates.

Lex charts on in-game spending and prices paid for in-game merchandise

Technical week to come

MondayUber holds its annual meeting of shareholders, while the Roblox The gaming platform is releasing its first quarter results after market close – its first results after going public in March.

TuesdayPalantir went public last year and the analytics company is making profits after the bell. Electronic arts is expected to report higher first-quarter revenue, driven by the acquisitions of Codemasters and Glu Mobile, as well as strong performance from its Fifa 21 and Madden NFL 21 titles. IBM hosts its annual IBM Think customer event. In Washington DC, Acting Director of the Cybersecurity and Infrastructure Agency (CISA) Brandon in Wales testifies before the Senate on cybersecurity after the Solarwinds hack.

WednesdaySoftBank is set to report a net profit of more than $ 40 billion, the highest on record for a Japanese company, in a stunning comeback from last year when it recorded its worst loss. SoftBank’s Vision Fund rebounded this year after several of its investments were made public in the wake of the global stock rally.

Thursday – Chinese e-commerce giant Ali Baba will release the first quarter results, a month after being fined a record 18 billion yuan ($ 2.8 billion) for violating anti-monopoly regulations. Investors will seek to clarify the company’s “rectification” plan and the impact of the fine on Alibaba’s earnings. In the USA, Airbnb, delivery service DoorDash and cryptocurrency exchange Coinbase must report their income after closing. Walt disney is expected to post a decline in revenue when releasing its second quarter results as its theme parks and movie operations continue to be affected by the COVID-19 pandemic. Investors will be looking for comments on the growth of Disney + streaming.

Friday – iPhone assembler Foxconn will release quarterly results, with Chairman Young Liu providing guidance on the company’s outlook in the face of the global chip and component shortage. Liu said last month that he expected about 10% of Foxconn’s shipments for the quarter to be affected by the crisis.

Technical tools – ProScenic T21 Smart Air fryer

It’s a daily struggle of two rotary knobs to get our wall oven to work at the right settings, so I long for a voice-activated kitchen appliance that does exactly what you tell it to. Enter the Proscenic T21 Smart Air Buttonless Alexa Compatible Fryer (£ 119). This is the first air fryer I tried, requiring only a pinch of oil, and it’s a much healthier version of the fryer (or lard-filled fry pan that dates back a few decades of more).

The instruction manual is far from clear and there are no details on how to get it to work with Alexa or Google Home, but I still found it quite easy to connect it to Wi-Fi and add the Alexa skill. There is also an app that connects to the deep fryer, allowing you to browse through the recipes and then simply press Cook on the app once you’ve placed the combined result in the large basket and closed the machine.

My kitchen repertoire is limited, so my favorite commands are “Alexa, ask ProScenic Airfryer to preheat,” addressed to my Echo device in my home office, then going to the kitchen five minutes later, loading the basket with baking fries (no oil needed) and saying “Alexa, ask the Proscenic fryer to cook fries”. It then does it, automatically, in just a few minutes, and the results are excellent. The same applies to the meats I tossed in there – they’re well done, but chewy and tender – and I find the air fryer to be good for keeping food warm and reheating. In fact, the air fryer works pretty well as a mini oven, so my days of turning knobs might be over soon.

Recommended newsletters for you

#techAsia – Your guide to the billions that are made and lost in the world of Asia Tech. register here

#fintechFT – The latest news on the most pressing issues in the tech industry. register here

Leave A Reply

Your email address will not be published.