The world's largest cybersecurity vendor continues to pull away from the competition. Microsoft's security sales surpassed $20 billion in 2022 after 33% annual growth. The cloud computing and software giant continues to reap the rewards of security tool consolidation.
When the DOJ announced a "major, international cryptocurrency enforcement action," observers expected to see charges against a well-known firm. Instead, the agency charged a lesser-known figure, Anatoly Legkodymov, the Russian founder of Bitzlato, with facilitating $700 million in illegal activity.
CommonSpirit was negligent in failing to protect sensitive health data, resulting in a compromise affecting at least 623,000 patients and perhaps many more, allege plaintiffs in two proposed class action lawsuits filed against the Chicago-based hospital chain after a 2022 ransomware attack.
North Korea's Lazarus Group was behind the $100 million theft from the Horizon blockchain bridge, the U.S. federal government confirmed. The FBI vowed "to expose and combat North Korea's use of illicit activities - including cybercrime and virtual currency theft - to generate revenue."
ADT’s security, automation, and monitoring technology help protect and connect more than 6 million residential, small business, and commercial customers. To run its business successfully, ADT must also protect its employees from advanced email attacks.
ADT’s mission is to be in front of the email vector to help...
Android malware highlighted by Dutch cybersecurity firm ThreatFabric shows the line between a banking Trojan and advanced spyware. The Trojan, dubbed Hook, can take a screenshot, simulate clicks and input swipe gesture commands. It can also take control of WhatsApp.
An electronic health records vendor and a pharmacy management services firm are purportedly among the latest healthcare sector victims of ransomware-as-a-service group BlackCat, also known as Alphv. NextGen Healthcare and PharmaCare Services appeared on BlackCat's leak site late last week.
Spanish authorities arrested three senior executives of the now-defunct cryptocurrency exchange platform Bitzlato, Europol announced. The crime coordination agency says about 46% of the assets exchanged through Bitzlato, worth roughly 1 billion euros, were linked to criminal activities.
Australia started operating an international ransomware task force to facilitate information sharing and best practices worldwide. “Recent cyber incidents in Australia and around the globe are a stark reminder of the insidious nature of ransomware," said Minister for Home Affairs Clare O'Neil.
Nation-state attackers are not just looking for major vulnerabilities to gain control of the enterprise. They are exploiting minor flaws to gain access and increase the severity of their attacks, says Matanda Doss, executive director of cybersecurity and technology controls at JPMorgan Chase.
Bad news for ransomware groups: Experts find it's getting tougher to earn a crypto-locking payday at the expense of others. The bad guys can blame a move by law enforcement to better support victims, and more organizations having robust defenses in place, which makes them tougher to take down.
The Active Adversary Playbook 2022 details the main adversaries, tools, and attack behaviors seen in the wild during 2021 by Sophos’ frontline incident responders.
You’ll learn:
The anatomy of active attacks including root causes and main attack types
The toolsets adversaries have been employing to...
Thoma Bravo, Vista Equity Partners and rival Francisco Partners have set their sights on a new target: Sumo Logic. Each of the three private equity firms has approached the Silicon Valley-based data analytics software vendor expressing interest in a possible acquisition, The Information reports.
Cybersecurity researchers say a Chinese for-profit threat group tracked as 8220 Gang is targeting cloud providers and poorly secured applications with a custom-built crypto miner and IRC bot. The malware can slow system performance, drive up costs and expose systems to security risks.
In the latest weekly update, ISMG editors discuss why being a CISO is like being the first family doctor in a small village, why you can't trust ransomware gangs such as LockBit, and why cloud security vendor Netskope took on $401 million in debt from Morgan Stanley to fuel its SASE offering.
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