A newly uncovered ransomware variant dubbed 'Epsilon Red' is targeting organizations in the U.S. hospitality sector, with the threat actor successfully extorting $210,000 from one of its victims, a new report by security firm Sophos notes.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
A Russian group that was behind the massive SolarWinds supply chain attack has returned with a fresh phishing campaign, according to Microsoft. This new campaign compromised a marketing firm used by the U.S. Agency for International Development - USAID - to send malicious messages to thousands.
Two China-linked threat groups are still exploiting unpatched flaws in Ivanti's Pulse Connect Secure VPN products, using additional malware variants to support cyberespionage, FireEye's Mandiant Threat Intelligence team says.
The latest edition of the ISMG Security Report features an analysis of the city of Tulsa's decision to refuse to pay a ransom following an attack. Also featured: Johnson & Johnson's CISO on shifting priorities; mitigating quantum computing risks.
The Department of Homeland Security has issued a cybersecurity directive that requires the operators of oil and gas pipelines to report ransomware attacks and other security incidents to the government and take other security steps.
A threat group likely operating from Iran has been attacking Israeli targets for more than a year with the wiper variants Apostle and Deadwood, masking the intrusions as ransomware attacks to confuse defenders, according to SentinelOne.
Network intrusion displaced phishing as the leading hack-attack tactic last year, while ransomware continued to surge as the pandemic complicated incident response efforts, says BakerHostetler's Craig A. Hoffman, who describes trends from the 1,250 incidents his firm helped manage.
The Hydra darknet marketplace, which initially focused on narcotics sales, now also offers stolen credit cards, SIM cards, VPN access and cryptocurrency laundering services, with annual sales exceeding $1 billion, according to a new research report, which explains the market's tactics.
Carl Pei, co-founder of OnePlus, a smartphone company, said Tuesday that his Twitter account had been compromised via a third-party app called IFTTT and a tweet had been injected via his profile for an apparent cryptocurrency scam.
The U.S. Department of Homeland Security is preparing cybersecurity regulations for the oil and gas industry in the wake of the ransomware attack on Colonial Pipeline Co. that resulted in the company suspending operations for several days, according to The Washington Post.
Iran is using its abundance of oil to generate electricity that powers a massive bitcoin cryptomining operation that enables the country to turn its greatest natural resource into money, offsetting some of its income lost as a result of economic sanctions, according to cryptocurrency analysis firm Elliptic.