The latest edition of the ISMG Security Report features an analysis of takedowns of multiple Russian-language cybercrime markets and communities by Russian authorities. It also describes the role of cryptocurrencies in the banking sector and how the identity market will evolve in 2022.
Unknown hackers have stolen about $1.9 million from South Korean cryptocurrency platform KLAYswap using a Border Gateway Protocol hack in the server infrastructure of one of its suppliers even though service implementers have known about BGP hijack attacks for decades and mitigations for them exist.
In a preliminary report, the European Data Protection Supervisor has urged EU officials to ban the use and deployment of military-grade surveillance products, citing recent findings around the NSO Group's flagship spyware tool, Pegasus.
A consolidated legal case that includes allegations of embezzlement, trade secret theft and intimidation offers an inside look at a complicated and messy alleged insider breach reported last year by a Texas-based accountable care organization.
CISA, FBI and NSA issued a joint advisory on Wednesday pointing to Russian state-sponsored activity against defense contractors. Officials say they have tracked threat actors compromising cleared defense contractors supporting several branches of the U.S. military and the intelligence community.
Things are not always what they seem, says incident response expert Joseph Carson, pointing to a case involving ransomware that infected a company in Ukraine, but for which there was no external attack path. Ultimately, his investigation found that ransomware had been used to hide internal fraud.
GiveSendGo, a Christian crowdfunding website that had become the go-to platform for donors supporting the Canadian "Freedom Convoy" protests, went offline on Monday following a reported cyberattack in which donor information was allegedly leaked.
The January cyberattack on the International Committee of the Red Cross, which compromised the data of more than 515,000 highly vulnerable people, was specifically targeted at the organization, using code designed for execution on the ICRC servers, according to Director General Robert Mardini.
SecurityScorecard provides analysis of organizational cyber hygiene through a rating system, while LIFARS, a digital forensics firm, has offered witness testimony for major federal cybercrime cases involving nation-state threat actors. CEOs for both firms tell ISMG why their merger is significant.
Reports say that Ukraine's defense ministry and two banks have fallen victim to a cyberattack on Tuesday. This follows what appeared to be mild escalation in the Russia-Ukraine conflict over the weekend, in which top U.S. officials warned that Russia could invade the former Soviet state this week.
By almost every measure, ransomware continues to get worse, not least in the average amount criminals receive when a victim chooses to pay a ransom. So say new reports assessing the volume and severity of ransomware attacks, the flow of cryptocurrency, attackers' target selection and more.
"All too often we hear that our industrial control systems have no security. That's not true," says Kevin Jones, group CISO of Airbus. In fact, he states, "some of these systems have been designed with security encapsulating them and security around them." He discusses enhancing cyber resilience.
People think cloud is a silver bullet, but it’s not. It's not even copper. And people think cloud it easy and someone else’s problem. But it's not. The cloud is nothing more than a highly resilient, outsourced data center with a lot of bells and whistles.
A serious cyberattack hit Slovenia's largest media firm, Pro Plus, last week, affecting the broadcasting services and website operations of the country's top private TV channel, Pop TV. The company says it is working with the Slovenian CERT to investigate the breach.
A 60-second TV advertisement, paid for by cryptocurrency exchange platform Coinbase. aired during the Super Bowl on Sunday. It featured a QR code that took those who scanned it to the trading website. Some cybersecurity experts have voiced concerns about using vulnerable QR code on live TV.
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