A cryptomining botnet campaign is using bitcoin blockchain transactions to hide command-and-control server addresses and stay under the radar, defeating takedown attempts, according to security firm Akamai.
A pair of U.S. House committees held their first public hearings into the SolarWinds attack, with lawmakers and witnesses offering support for expanding federal cybersecurity laws to address the security failures. This includes a larger role for CISA to conduct threat hunting.
Ransomware continues to sting numerous organizations, and the problem only seems to be getting worse. More than ever, the onus is on potential victims to ensure they have essential defenses in place - and if possible, to proactively hunt for attackers who may already be inside their network.
The U.S. Department of Homeland Security will provide an additional $25 million in grants to state and local cybersecurity preparedness programs with a particular focus on combatting ransomware, Secretary Alejandro Mayorkas announced Thursday.
The latest edition of the ISMG Security Report features an analysis of a federal crackdown on ICO cryptocurrency scams. Also featured: An update on the SonicWall hack investigation and the use of digital IDs to verify COVID-19 testing.
The combination of governmental financial support driven by “high unemployment, business insolvency, and disruptions in global
trade patterns” + increased online and remote banking has led to a spike in
Heightened risks made it harder to comply with requirements to combat financing terrorism...
There is a reason more than half of today’s ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organisation’s potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
Lazarus, the North Korean-backed advanced persistent threat group, has been conducting a campaign striking defense industry targets in more than a dozen countries using a backdoor called ThreatNeedle that moves laterally through networks and can overcome network segmentation, according to researchers at Kaspersky.
Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
Gone are the days when an organization’s applications ran behind a firewall protected by a secure network perimeter. Today, web and mobile applications are the perimeter. But at many organizations, this change has not been supported by increased investment in application security. Instead, the emphasis remains on...
The Senate Intelligence Committee's hearing about the supply chain attack that affected SolarWinds and dozens of other companies and federal agencies answered some questions about what went wrong but also raised four key issues.
The cybersecurity agencies of five countries have issued a joint advisory warning that hackers are exploiting vulnerabilities in the Accellion File Transfer Appliance to steal data and execute ransomware. Australia's Transport for New South Wales and Canada's Bombardier are the latest victims to be revealed.
High-speed identity screening can play a critical role in cracking down on fraud tied to COVID-19 economic relief efforts without impeding legitimate access to funds, says Dr. Gary Shiffman, CEO of Giant Oak, which offers artificial intelligence technology.