The FBI warns that the Cuba ransomware actors have managed to extort $43.9 million in ransom payments from victims after compromising at least 49 entities in five critical infrastructure sectors: financial, government, healthcare, manufacturing, and information technology, all since early November.
The U.S. Transportation Security Administration has issued new security directives for higher-risk freight railroads, passenger rail, and rail transit that it says will strengthen cybersecurity across the transportation sector in response to growing threats to critical infrastructure.
A former employee of a New York-based technology company, likely to be IoT technology company Ubiquiti, has been arrested for stealing confidential data and extorting his employer for nearly $2 million. If convicted, the suspect faces up to 37 years in prison.
Many ransomware-wielding attackers continue to rely on initial access brokers to easily gain deep access to victims' systems, allowing them to steal data and attempt to pressure victims into paying via data leak sites. Researchers say that the number of victims being listed on such sites has surged.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
The latest edition of the ISMG Security Report features an analysis of best practices for negotiating a ransom payment. Also featured: Busting Zero Trust myths and the dangers of mythologizing defenders.
Yes, you know they are coming. And yes, the fraudsters have raised their game. But that doesn't mean you can't stop socially engineered attacks before threat actors can pull off their scams. Mike Britton of Abnormal Security tells you how.
In this exclusive interview with Information Security Media Group, Mike...
A new variant of the Aberebot banking Trojan has been discovered by Cyble's researchers. Christened Aberebot-2.0, the latest malware version not only uses more advanced spying capabilities, it also has increased its target list to 213 banking apps and nine crypto wallets in 22 countries.
A recently discovered botnet is infecting thousands of AT&T internet subscribers in the U.S., using a critical-severity blind command injection flaw first reported in 2017, according to new findings from China-based cybersecurity researchers.
In order to identify BIN attacks, it is important for payment card brands to leverage AI and automated systems for monitoring transaction data to look for unusual patterns, says Keri Crane, advisory technical product manager with Jack Henry & Associates. She also discusses mitigation tips.
Unidentified threat actors are using fake cryptocurrency-related websites to distribute the SpyAgent malware, which abuses legitimate remote access tools. They have targeted a legitimate Russian remote access tool called Safib Assistant, Trend Micro researchers note.
The FBI has seized 39.9 bitcoins worth $2.3 million from an alleged affiliate of the notorious REvil - aka Sodinokibi - ransomware group. A forfeiture notice filed by the government accuses Russian national Aleksandr Sikerin of having amassed the cryptocurrency via victims' ransom payments.
Speaking about his role as managing director, business information security, at financial giant State Street, TJ Hart says, "I wake up nervous, and I go to bed nervous." But he channels that energy into trying to better understand the threat landscape and use that data to make better business risk decisions.
As organizations embrace digital transformation initiatives, business outcomes become inexorably linked to technology areas
like application development, cloud computing, and IoT devices. Therefore, these technology assets must be protected to ensure
continuity of business operations. The link between cybersecurity...
MSPs and their SMB clients took a beating in 2021 as cybercriminals evolved their strategies and extortion tactics to succeed with costly ransomware, tech supply-chain and other attacks. Recent research shows where businesses and their IT service providers failed to close gaps in defense strategies – gaps that led...