Some security experts are questioning the findings of a recent report by the International Institute for Strategic Studies, a London-based think tank, that concludes China is 10 years behind the United States in "cyber capacity."
As the Biden administration attempts to force Russia to crack down on its domestic cybercriminals, one challenge will be the sheer diversity of attack code being wielded and individuals involved. Another is that any proactive moves Moscow makes would likely require many months to take effect.
Software developer Kaseya has released patches for its remote monitoring software, which had been exploited by REvil ransomware attackers to infect up to 60 MSPs and 1,500 of their clients. The patches mitigate the final three vulnerabilities out of seven that researchers reported to Kaseya in early April.
A 30-year-old Greek national has been indicted on charges of selling insider trading tips and other proprietary financial data on darknet sites. Apostolos "The Bull" Trovias faces securities fraud and money laundering charges.
Spammers posing as software vendor Kaseya are waging a malspam campaign to target users of the company's VSA remote IT management software that was hit by a ransomware attack, the security firm Malwarebytes reports.
Acting CISA Director Brandon Wales, Rep. Jim Langevin and many others will discuss the government's top priorities in addressing cybersecurity challenges at ISMG's Virtual Cybersecurity Summit: Government, to be held July 13 and 14.
As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
Cue delays for customers of Kaseya waiting for their software-as-a-service and on-premises software to get emergency fixes and be restored, following the July 4 holiday weekend ransomware attack, which hit about 60 IT managed service provider customers and up to 1,500 of their collective managed service clients.
A bipartisan bill introduced by Sens. Gary Peters and Ron Johnson would create a standardized cybersecurity training program for federal employees who purchase technology services. This bill follows a wave of attacks over the last two months that have targeted U.S. critical infrastructure.
In its latest quarterly fraud and payments report, Outseer notes a 58% increase in brand abuse - a trend that's only going to grow, says COO Jim Ducharme. He analyzes this and other fraud trends, including how to reduce fraud without compromising user experience.
REvil, aka Sodinokibi, is one of today's most notorious - and profitable - ransomware operations, driven by highly skilled affiliates who share profits with the operators. And the operators are constantly improving the malware, including porting it to Linux to target network-attached storage and hypervisors.
The NSA, the FBI and other U.S. government agencies are tracking an ongoing Russian cyberespionage campaign in which attackers are using brute-force methods to access Office 365 and other cloud-based services.
If financial institutions can identify all the touchpoints they have with customers and correlate that into a customer data warehouse, they can better track information and potentially identify fraud trends, says Andy Gandhi of Kroll.
Deputy national security adviser Anne Neuberger says the White House is preparing to release additional details, including attribution, about the attacks that targeted vulnerable on-premises Microsoft Exchange email servers at government agencies and other organizations earlier this year.