The U.S. Securities and Exchange Commission has charged seven individuals and two organizations with being part of an international scheme that hacked the SEC's EDGAR document system, stole nonpublic corporate information and used it to illegally earn $4.1 million via insider trading.
Ransomware attacks continue, with the city of Del Rio, Texas, saying its operations have been disrupted by crypto-locking malware. Meanwhile, CryptoMix ransomware urges victims to pay ransoms, claiming it will fund treatments for seriously ill children, while GandCrab gets distributed via malvertising attacks.
The organization that manages IT for Singapore's public healthcare sector says it has terminated, demoted or financially penalized several employees for their roles in the handling of a 2017 cyberattack on SingHealth, the nation's largest healthcare group. What do U.S. security experts think of these measures?
Numerous cybercrime gangs continue to use darknet forums to seek fresh recruits, sell stolen data or advertise hacking services. One recent job listing from the data-leaking blackmail gang called The Dark Overlord sought technically proficient individuals who were fluent in Arabic, Chinese or German.
A U.K. court has sentenced Daniel Kaye, 30, after he admitted launching DDoS attacks against Liberia's largest telecommunications company in 2015 and 2016. A rival internet services provider paid Kaye $100,000 to launch the attacks.
A hacktivist who launched distributed denial-of-service attacks on Boston Children's Hospital and another local facility in 2014 has received a lengthy prison sentence and must pay restitution. But will the outcome of the case deter other hackers?
The U.S. government shutdown is impacting agencies integral to the nation's cybersecurity readiness, and experts fear its long-term impact on the country's cyberattack response capabilities, as well as the risk that it will drive away desperately needed new cybersecurity talent from entering public service.
In a case of business email compromise, Chinese hackers stole $18.6 million from the Indian arm of Tecnimont SpA, an Italian engineering company, through an elaborate cyber fraud scheme that included impersonating the firm's chief executive.
A Juniper Research analysis of why card-not-present fraud will continue to grow leads this week's edition of the ISMG Security Report. Also featured: Updates on a Neiman Marcus breach lawsuit settlement and a German hacking incident.
Customer lifecyle data management can play an important role in cracking down on fraud tied to the growth in real-time P2P payments, says David Barnhardt of the security firm GIACT.
German officials say the suspect behind the mega-leak of politicians' and celebrities' personal details exploited their weak passwords to access email, social media and cloud service accounts. What can the security industry do to help address the password problem?
The NIS Directive, effective since May 2018, aims to standardize the security practices of Essential Services entities and their digital service providers to better defend against cyber attacks. Privileged Access Management (PAM) is a critical aspect of cyber defense, and responds to many of the NIS Directive's most...
Insecure implementations of Remote Desktop Protocol have exposed organizations to serious risks of cyber attacks. Ransomware like SamSam and cryptominers like CrySis exploit insecure configurations, resulting in large and well-publicized breaches like the one that occurred at LabCorp. Because of the nature of Remote...
Forty-three states have reached a settlement with Neiman Marcus over its 2013 data breach, one of several breaches from that period blamed on in-memory malware. The retailer will pay $1.5 million and must use encryption and tokenization to protect card data.
Police in Germany say a 20-year-old student has confessed to stealing and leaking personal details from 1,000 German politicians, celebrities and journalists, allegedly after bragging about the crime. More advanced attackers rarely make so much noise.
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