A ransomware group known as MBC has claimed responsibility for a recent cyber attack on Iran's railway system that disrupted train services in the country.
The group will “soon” release more information on its blog, according to DarkTracer, a darkweb criminal intelligence profiling investigation platform.
“DarkTracer found a new leak site for ransomware gang 'MBC' on DarkWeb. They announced that they would soon release leaked data from the rail system of the Islamic Republic of Iran,” DarkTracer said in a tweet.
In July, Iran’s Transport Ministry website was hit by “cyber disruption”, just hours after a similar apparent attack was carried out against the state railway company.
Iran's state television said systems used by staff of the Ministry of Roads and Urban Development were the subject of the attack that affected the ministry's portal and sub-portal sites.
It came hours after train services were disrupted on Friday, with hackers posting fake delay notices on station boards, state-affiliated news outlets reported.
The government-run railway company said only the displays were affected and that trains ran normally, but Fars news agency reported “unprecedented chaos” at stations with hundreds of trains delayed or cancelled.
Telecoms Minister Mohammad Javad Azari Jahromi at the time warned of more possible ransomware attacks unless vulnerability in computer systems was dealt with, Iranian news outlets reported.
In July 2020, former Foreign Ministry spokesman Abbas Mousavi said Iran faces “hundreds” of cyber attacks on its infrastructure every day, adding that the US was always the prime suspect, reported Bloomberg.
In late 2020, Iran said hackers launched large-scale attacks on two of its government institutions, without giving details on the targets or the suspected perpetrators.
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.
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UAE currency: the story behind the money in your pockets
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