The Russia-linked cyberespionage group Nobelium, which was responsible for the SolarWinds supply chain attack, has developed and deployed a new malware, dubbed FoggyWeb, according to a Microsoft Threat Intelligence Center security blog. Microsoft says FoggyWeb creates a backdoor to exfiltrate data.
Weaknesses in the systems of ShapeShift, a U.K.-based cryptocurrency exchange, reveal how a North Korean-linked group laundered cryptocurrency that came from the WannaCry 2.0 attack four years ago. The issues undermined some protections in Monero, a cryptocurrency designed to provide a high degree of privacy.
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
The U.S. Department of Commerce is soliciting input on a Trump administration cybersecurity executive order that requires cloud providers to verify the identities of certain users - particularly cyber actors potentially operating abroad and leveraging U.S. cloud technologies.
A security researcher who goes by the alias Watchful_IP has discovered a command injection vulnerability that could potentially affect millions of Hikvision's IoT devices. The video security solutions provider says it has fixed the flaw and rolled out a firmware update for its end users.
For combating ransomware, doing the security basics is essential, including keeping systems updated and patched. Don't follow in the footsteps of one technology firm, which Sophos found got hit by Cring ransomware after attackers exploited ColdFusion software that hadn't been patched in 11 years.
GSS, the Spanish and Latin America division of Europe's largest call center provider - Covisian, has informed customers that it has been subjected to a ransomware attack that froze its IT systems and crippled call centers across its Spanish-speaking customer base.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
During testimony before a U.S. Senate committee hearing Thursday, CISA Director Jen Easterly told lawmakers that a recent joint alert issued by her agency, the FBI and the Coast Guard Cyber Command stemmed from an attempted attack against the Port of Houston in August.
Four editors at Information Security Media Group discuss important cybersecurity issues, including the rise of quadruple extortion attacks employed by ransomware gangs, the FBI reportedly withholding the Kaseya ransomware decryption key for weeks, and raising security posture during a pandemic.
Brian Barnier, a director of analytics who is developing a course on critical and design thinking in cybersecurity for CyberEd.io, is a firm believer in the importance of critical thinking today. He discusses how that, plus systems and design thinking, can improve the way cybersecurity functions.
The latest edition of the ISMG Security Report features an analysis of how the U.S. government has been tracking an increase in the pace of attacks tied to Conti ransomware. Also featured are what "protection" means today and building a new cybersecurity operating model.
A new and still little-known ransomware group called Karma has been pursuing a novel strategy to pressure victims into paying: Get journalists to publicize businesses hit by the ransomware operation, adding pressure on victims to pay the ransom demand.
Republican lawmakers have expressed additional concerns around Chinese telecom giant Huawei to the nation's top diplomat. In a letter to Secretary of State Antony Blinken, Sen. Tom Cotton and Rep. Mike Gallagher outline Huawei's global cloud services and seek answers on privacy concerns.
As the Senate Homeland Security Committee considers new cyber rules and regulations for U.S. critical infrastructure, lawmakers heard testimony from CISA's Jen Easterly and National Cyber Director Chris Inglis on Thursday in support of these measures, which include updates to FISMA.