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09/23/2019
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FedEx shareholders say the logistics company wasn't honest about the full extent of the NotPetya cyberattack more than two years ago. The Air Force's plan to build an information warfare outfit follows a familiar model. And an announcement from Tehran is something to keep an eye on. This is CyberScoop for Monday, September 23.

Did FedEx's bosses ditch too much stock after NotPetya?

FedEx shareholders are accusing the company’s executives of failing to disclose the full extent of the NotPetya ransomware attack while also selling tens of millions of dollars worth of their own stock in the company, according to a new lawsuit. Stock owners allege that FedEx brass provided “materially false and misleading statements” about the ransomware attack. The suit alleges FedEx failed to inform its shareholders that TNT Express customers were abandoning the company in favor of other logistics providers as a result of NotPetya. Jeff Stone has the complaint.


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Iran denies hack amid ongoing tension

Tehran is refuting a suggestion that Iranian industrial companies have been disrupted by a cyberattack. State media headlines followed a report Friday from NetBlocks, a civil-society group that maps internet traffic, of a disruption of internet connectivity in Iran, tying it to reports of outages of “online industrial and government platforms.” The Persian Gulf has been on edge after drone and missile strikes hit Saudi Arabian oil facilities earlier this month, rattling the world’s oil supply. U.S. officials have pointed the finger at Iran, which has denied involvement. Look for more news as this situation develops.


Air Force joins the info war race

The U.S. Air Force is creating a new information warfare body, an official step that aims to bolster the military’s digital warfare capabilities. The new command will combine the capabilities from the division now responsible for defending crucial networks, Air Forces Cyber, and the 25th Air Force, which oversees intelligence collection, surveillance, and reconnaissance. The update is one aspect in a series of efforts the Pentagon is undertaking to accelerate offensive operations after years of focusing primarily on defense. It also comes at a time when every other U.S. military service — the Army, Navy, Marine Corps, Coast Guard – also is considering upgrades to their own capabilities. Shannon Vavra has more details.


How cyberattacks rocked the military's boat

A former U.S. Cyber Command official says that China and Russia’s use of cyberattacks has upended the way the U.S. military thinks about warfare, given the incidents’ direct impact on civilians rather than armed forces. Brett Williams, a former deputy of operations for the command, said at an IT conference in New York City that the two adversaries have made it so the military can no longer “play an away game....What I mean by that is [the U.S. likes] to fight away games,” Williams said at an event held by Tierpoint, held during CyberScoop’s NY CyberWeek. “We don’t want to have to fight here [on U.S. soil]. Anything we get into with China and Russia, the first impact is going to be felt on our civilian population.” Greg Otto was there.


A self-inflicted shortage?

Snowden is being sued, Emotet is back and we look at why exactly there is a cybersecurity workforce shortage. In our interview, we talk to Danny Adamitis and Elizabeth Wharton of Prevailion. Last week we told you about their research into a phishing campaign hiding in Microsoft Word macros. We get them to dive deeper and tell us what their company brings to the marketplace. Listen here


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