The latest edition of the ISMG Security Report features an analysis of the most sought-after type of victim for ransomware-wielding attackers. Also featured: fighting extortion schemes and stress management tips.
"Silence is gold." So says ransomware operator Ragnar Locker, as it attempts to compel victims to pay its ransom demand without ever telling anyone - especially not police. But some ransomware-battling experts have been advocating the opposite, including mandatory reporting of all ransom payments.
A dual U.S.-Canadian national has been sentenced to more than 11 years in federal prison for conspiring to launder tens of millions of dollars in wire and bank fraud schemes, according to the U.S. DOJ. Officials say the activity included cash-out scams for North Korean cybercriminals.
Despite a recent slowdown in incidents and some cybercriminals claiming they have stopped or abandoned ransomware attacks, National Cyber Director Chris Inglis says it's "too soon to tell," if the behavior of these groups has changed permanently or if they are waiting for an opportunity to return.
Researchers have discovered email fraud campaigns in which unidentified threat actors are swindling victims out of bitcoin by tempting them with a substantial amount of tax-free cryptocurrency. This follows an SEC warning about fraudulent cryptocurrency schemes making the rounds
Apparent Babuk ransomware operation spinoff Groove, self-described as being an "aggressive financially motivated criminal organization," has launched as part of the new RAMP cybercrime forum, and is promising affiliates a bigger share of profits than traditional ransomware-as-a-service operations.
The White House is preparing executive branch agencies to adopt "zero trust" network architectures by 2024, with CISA and the OMB overseeing the creation of technology road maps that departments must follow. This is a major component of President Biden's cybersecurity executive order.
Last weekend’s confirmed attack on the Jenkins project using a recently discovered vulnerability in the Atlassian Confluence server could be the tip of the iceberg, suggests a security researcher who says thousands of Confluence servers remain vulnerable.
On Aug. 25, President Joe Biden invited about 25 technology, insurance, finance and education executives to the White House to discuss pressing cybersecurity issues such as supply chain and critical infrastructure. One of those participants was Resilience CEO Vishaal Hariprasad.
Implementing a comprehensive identity security program might be described as a Holy Grail. But what does it mean to reduce the complexity for organizations and their employees? CyberArk's David Higgins outlines how to modernize an organization’s identity and access management, or IAM.
Attackers are actively exploiting a flaw in Microsoft Windows for which no patch is yet available. Microsoft has issued workarounds and mitigations designed to block the zero-day attack for the flaw in the MSHTML browsing engine, which is being exploited via malicious Microsoft Office documents.
New Zealand's Computer Emergency Response Team says it is aware of ongoing distributed denial-of-service attacks that have disrupted services at several organizations in the country, including some financial institutions and the national postal service.
Researchers say a pro-China influence operation leveraging a network of fake social media accounts has expanded, promoting in-person protests and narratives around COVID-19 and U.S. domestic policy, according to Mandiant, which does not definitively attribute the activity to the Chinese government.
The U.S. SEC in a new advisory warns against schemes targeting digital assets. Security experts say that with social engineering attempts on the rise, individuals and organizations must defend against related scams and other "get rich quick" schemes.
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