The U.S. Department of the Treasury unveiled additional steps to curb the illicit use of cryptocurrencies on Friday, warning enterprises not to engage with sanctioned entities exploiting the financial system - particularly to launder ransomware proceeds.
Researchers at Morphisec Labs have published fresh details about a new MirrorBlast campaign that they say is run by a Russia-based threat group TA505, targeting financial services organizations. The campaign delivers MirrorBlast via a phishing email that contains malicious links.
On one hand, 60% of survey respondents rate their institutions as "above average" or "superior" when it comes to mitigating fraud. Yet, 55% say their customers and partners lack sufficient awareness to protect themselves from fraud. Appgate's Bryan Jardine analyzes the Faces of Fraud survey results.
U.S. federal agencies issued a joint advisory around potential cyber threats to the nation's water facilities. They cite "ongoing malicious cyber activity - by both known and unknown actors - targeting the IT and OT technology networks, systems and devices" of U.S. water and wastewater systems.
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
A free decryptor for BlackByte ransomware has been released by security researchers at Trustwave who cracked the crypto-locking malware's encryption. But they say that unfortunately, the underlying encryption problem is likely in the process of already being fixed by the malware's developer.
A newspaper reporter in Missouri who responsibly reported the exposure of Social Security numbers on a state government website has been accused of malicious hacking by the state's governor. The governor alleged the publication of the vulnerability after it was fixed was part of a "political vendetta."
The latest edition of the ISMG Security Report features an analysis of attempts made by European law enforcement to encourage young cybercriminals to channel their skills in more ethical ways. Also featured: Fraud detection and response; inspiring behavioral change.
Democratic lawmakers on the House Committee on Energy and Commerce announced legislation that would rein in tech algorithms on platforms exceeding 5 million monthly viewers. This follows a high-profile whistleblower case heard before Congress on Facebook's allegedly questionable data policies.
Researchers at Cider Security have uncovered a security loophole in GitHub Actions that allows adversaries to bypass the required reviews mechanism and push unreviewed code to a protected branch, allowing it into the pipeline to production.
Australia plans to require businesses with more than $10 million in revenue to report ransomware attacks to the government, part of a comprehensive strategy to fight the attacks that also includes new criminal penalties and assistance to victims. The plan would need to be passed by Parliament.
John O'Driscoll is the first CISO for the Australian state of Victoria, a job that has purview over 1,900 entities with 340,000 public servants. He's an expert in risk and audit, and that has subsequently lead to interesting conversations about who is accountable for risk and how to manage risk.
The breach of text message routing giant Syniverse revealed yet another supply chain attack involving a key supplier, exacerbated by outdated communications protocols desperately in need of a security revamp and better incentives for improvement, says mobile telephony security expert Karsten Nohl.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
Dutch cybercrime police have a message for almost 30 users of an on-demand distributed denial-of-service site: We see what you're doing; now cut it out or we're going to arrest you. And not for the first time, the move shows police in Europe emphasizing ethical hacking pursuits instead for young adults.
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