Weekly Security Sprint EP 82. Assassination, BEC, and All-Hazards
In this week's Security Sprint, Dave and Andy covered the following topics:
Warm Start:
- TribalNet!
- TLP:CLEAR | FB-ISAO Newsletter. The September 2024 Newsletter has been directly distributed to members and may be accessed here.
Main Topics:
Assassiination / Election Security:
- FBI and CISA Release Joint PSA, Just So You Know: False Claims of Hacked Voter Information Likely Intended to Sow Distrust of U.S. Elections. The Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) are issuing this public service announcement (PSA) to raise awareness of attempts to undermine public confidence in the security of U.S. election infrastructure through the spread of disinformation falsely claiming that cyberattacks compromised U.S. voter registration databases. PDF.
- CISA: Physical Security Checklist for Election Offices and Election Infrastructure Cybersecurity Readiness and Resilience Checklists
- 2025 Counting and Certification of Electoral Votes Designated a National Special Security Event
BEC. Business Email Compromise: The $55 Billion Scam. The BEC scam continues to target small local businesses to larger corporations, and personal transactions while evolving in their techniques to access those business or personal accounts. Between December 2022 and December 2023, there was a 9% increase in identified global exposed losses. In 2023, the IC3 saw a growth in BEC reporting where funds were sent directly to a financial institution housing custodial accounts held by third-party payment processors, or peer-to-peer payment processors, and cryptocurrency exchanges which directly contributed to the increase in global exposed losses. IC3 data shows the BEC scam has been reported in all 50 states and 186 countries, with over 140 countries receiving fraudulent transfers. Based on the financial data reported to the IC3 for 2023, international banks located in the United Kingdom and Hong Kong often acted as an intermediary stop for funds, followed by China, Mexico, and the UAE. The following BEC statistics were reported to the FBI IC3, law enforcement and derived from filings with financial institutions between October 2013 and December 2023:
o Domestic and international incidents: 305,033
o Domestic and international exposed dollar loss: $55,499,915,582
o Total U.S. victims: 158,436
o Total U.S. exposed dollar loss: $20,089,561,364
o Total non-U.S. victims: 6,546
o Total non-U.S. exposed dollar loss: $1,638,490,375
All-Hazards. The disaster no major U.S. city is prepared for. Experts warn this type of catastrophe — a combined power outage with a heat wave — is a scenario that cities and states are unprepared for. “I don’t think it’s likely — I think it’s an absolute certainty,” said Brian Stone, a professor and director of the Urban Climate Lab at the Georgia Institute of Technology. “I think it’s an absolute certainty that we will have an extreme heat wave and an extended blackout in the United States.”
Quick Hits:
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