Starbucks Issues Manual Pay To Employees During Ransomware Attack: Cyber Security Today for Wednesday, November 27th, 2024 - podcast episode cover

Starbucks Issues Manual Pay To Employees During Ransomware Attack: Cyber Security Today for Wednesday, November 27th, 2024

Nov 27, 20246 min
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Episode description

Retailers Face AI Bot Attacks, Avast Exploit, and Starbucks Ransomware Challenges

In this episode of 'Cybersecurity Today,' host Jim Love covers the latest cyber threats impacting retailers, including AI-powered bot attacks and ransomware incidents. Discover how hackers are exploiting an old Avast driver to deploy advanced Windows malware and how Starbucks is managing employee payments manually following a ransomware attack on its scheduling software provider, Blue Yonder. The episode highlights the increasing cyber risks retailers face during the holiday season and the importance of robust cybersecurity measures.

00:00 Introduction and Headlines
00:22 AI-Powered Bot Attacks on Retailers
02:51 Windows Malware Exploiting Avast Driver
04:09 Starbucks Ransomware Attack and Manual Pay
05:18 Ransomware Trends and Impacts
06:01 Conclusion and Show Notes

Transcript

Retailers brace for AI powered bot attacks during holiday season shopping. Hackers exploit old Avast driver to deliver windows malware and Starbucks turns to manual pay after ransomware attacks on a scheduling software. This is cybersecurity today. I'm your host, Jim Love. Retailers are gearing up for a surge in AI enabled bot attacks as the holiday shopping season begins.

There are fraudulent purchases, bots that quickly buy up high demand items like sneakers and electronics, often for resale, frustrating consumers. There are security exploits, bots scanning retailers networks for vulnerabilities, creating entry points for ransomware or other destructive attacks, and there are account takeovers, automated bots that use stolen credentials to gain control of customer accounts, often bypassing the traditional defenses.

The retail and hospitality information sharing and analysis center reports a sharp increase in bot activity during the holiday season. As cyber criminals exploit the high traffic and reduced visibility of their activities. A Viking Cloud survey revealed 52 percent of retailers feel more vulnerable to cyber attacks during the holidays, with threats extending beyond websites to third party vendors. If key suppliers are vulnerable, the fulfillment of orders may be more challenging, said Viking Cloud's chief product officer, Kevin Pierce.

Cybersecurity researchers at Trellix have uncovered a new type of Windows malware dubbed Kill Floor that leverages an old Avast anti rootkit driver to infiltrate PCs. This kernel level malware disables critical security systems, allowing attackers to take over the computer and execute malicious processes. As hackers continue to exploit legitimate tools for malicious purposes, companies like Microsoft and others are reviewing how kernel access is granted to prevent similar issues in the future.

Blue Yonder's services are critical for supply chain and workforce management, leaving affected companies scrambling for workarounds. Starbucks assured employees they would be paid for all hours worked with local managers stepping in to handle schedules manually.

The attack also highlights the vulnerabilities in relying on third party providers, especially during peak periods like the holiday shopping season. And that's our show for today. You can find links to reports and other details in our show notes at technewsday. com. We welcome your comments, tips, and the occasional bit of constructive criticism at editorial at technewsday.

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