In case anyone doubts that Russia is the epicenter of ransomware operations, follow the money, as Chainalysis finds that "roughly 74% of ransomware revenue in 2021 - over $400 million worth of cryptocurrency - went to strains we can say are highly likely to be affiliated with Russia in some way."
A massive data breach has been uncovered by researchers who say the incident totals in excess of 172 GB of data and affects an estimated 19 million people. The victims are primarily customers of online appointment company FlexBooker, researchers say.
In a declassified letter to CIA Director William Burns and DNI Avril Haines from 2021, two U.S. senators urged transparency around alleged "bulk surveillance" conducted by the CIA in response to now-declassified documents compiled by the Privacy and Civil Liberties Oversight Board.
Spain's National Police Department says it has arrested eight members of an undisclosed cybercriminal gang over SIM swapping fraud. The suspects posed as trustworthy representatives of banks and other organizations and used phishing and smishing techniques to obtain PII and bank details of victims.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the BlackMatter ransomware group has rebranded itself yet again, how the DOJ confiscated stolen Bitcoin worth more than $4 billion and takeaways from a U.S. Senate hearing on open-source...
Nellie Liang, under secretary for domestic finance at the U.S. Department of the Treasury, was the only witness at a virtual hearing on the President's Working Group report on stablecoins - virtual currencies pegged to fiat currency. Lawmakers weighed in on the benefits and dangers of stablecoins.
Ransomware attacks in 2021 amassed a record number of victims in critical infrastructure sectors across Australia, the U.K. and U.S., those countries' lead cybersecurity agencies warn. They share intelligence on attackers' latest tactics to better equip domestic organizations to defend themselves.
Schools in the United States have been under siege from ransomware and other kinds of cyber incidents. But the K12 Security Information Exchange, an organization launched in 2020, is helping schools improve their defenses.
Several global Computer Emergency Response Teams have issued alerts as well as fixes for Google Chrome browser and Android operating system vulnerabilities. Countries issuing the alerts include France, India and Canada.
Cybercriminals are taking advantage of the final phase of the Windows 11 upgrade announced on Jan. 26 by installing RedLine Stealer malware to those downloading a fake installer, according to the HP threat research team.
Researchers have detected a massive breach of more than 500 stores. All of the targeted sites were still using the 12-year-old Magento 1 e-commerce platform, which Adobe stopped supporting on June 30, 2020.
As a veteran cybersecurity leader, Jerich Beason of Epiq has seen historic evolution in technology and how it is applied. But in cybersecurity leadership? The "softer side" of being a CISO has lagged behind, and this is where he intends to be an agent for positive change.
The SEC voted 3-1 to advance new, mandatory cybersecurity rules for registered investment advisers, companies and funds. The proposal - open for a 30-day public comment period - would require entities to adopt and implement written cybersecurity policies and a 48-hour incident reporting mandate.
This edition of the ISMG Security Report analyzes what prosecutors say is the biggest cryptocurrency seizure in U.S. history as well as the biggest financial seizure. It also details how a school district CISO resigned over the district's handling of a severe data breach and busts Zero Trust myths.
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
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